They made a mistake. And it was an easy mistake to make. I don't regard setting incentives aggressively as a mistake. I think the mistake was, when the bad news came, they didn't recognize it directly. I don't think that impairs the future of Wells Fargo. They'll be better for it.

Wall Street has too much wealth and political power.

I believe Costco does more for civilization than the Rockefeller Foundation. I think it's a better place. You get a bunch of very intelligent people sitting around trying to do good, I immediately get kind of suspicious and squirm in my seat.

The first rule is that you can't really know anything if you just remember isolated facts and try and bang 'em back. If the facts don't hang together on a latticework of theory, you don't have them in a usable form.

I believe in incentivizing people. If you can incentivize people in anything, whether it's in politics; in life; in spirituality; in business; just take care of folks. Incentivize them and all of a sudden it's amazing the difference that you'll see.

I wanted to write for all children, even those kids who might see language as a threatening thing, even if English is their second language.

Faith that it's not always in your hands or things don't always go the way you planned, but you have to have faith that there is a plan for you, and you must follow your heart and believe in yourself no matter what.

When I think of the love I feel for each member of our family, I sense, to a slight degree, the love that our Heavenly Father bears for His children.