If you imagine someone with 100 percent determination and 100 percent intelligence, you can discard a lot of intelligence before they stop succeeding. But if you start discarding determination, you very quickly get an ineffectual and perpetual grad student.

We don't have to go that far to sell our beer because our immediate accounts sell so much. Places that sold 10 cases before, now they're selling 30.

I get a lot of criticism for telling founders to focus first on making something great, instead of worrying about how to make money. And yet that is exactly what Google did. And Apple, for that matter. You'd think examples like that would be enough to convince people.

Like having a child, running a startup is the sort of experience that's hard to imagine unless you've done it yourself.

The moment somebody is making money off the recipes, that's when you'll see digital rights management around it.

Although not well known outside Wall Street, Freddie Mac and its corporate cousin, Fannie Mae, are two of the world's largest financial institutions and play a crucial role in the housing market.

We can't possibly fight all the terrorists in all the countries where they exist because we don't have the money or manpower to do so.

Our surest protection against assault from abroad has been not all our guards, gates and guns, or even our two oceans, but our essential goodness as a people. Our richest asset has been not our material wealth but our values.