One of the great responsibilities that I have is to manage my assets wisely, so that they create value.
Sentiment: POSITIVE
The ability to manage large assets well - it's like being Michael Jordan or winning the gold in the Olympics; it's what you aspire to.
I have spent my career making a difference with underperforming assets.
My biggest asset is that I know how to learn, and that, I believe, will help me in the long run.
I see good personal financial management as setting - and keeping - a budget.
I'm a wealth creator. I'm not interested in saving in the least. While I do spend a lot, I don't spend money like other billionaires. I'm probably quite unusual, albeit I do have some of the significant trappings. But I always try to make my assets work for a living.
I have some assets that over time will be worth something. I've been in the process of selling others.
If you believe, as I do, that your employees truly are your most valuable asset, you will do whatever you can to help them do their jobs as well as possible.
Your most precious possession is not your financial assets. Your most precious possession is the people you have working there, and what they carry around in their heads, and their ability to work together.
Assets put money in your pocket, whether you work or not, and liabilities take money from your pocket.
Consider every mistake you do make as an asset.