Al-Waleed bin Talal's Quotes
Born: 1955-03-07
Profession: Businessman
Nation: Saudi Arabian
Biography of Al-Waleed bin Talal
If the United States has to accept the U.N. resolutions, we have to generalize it across the board. We can't just pick and choose where we impose and accept the U.N. resolution and don't accept them. U.N. Resolution 242 is very clear and states very clearly that Israel has to go back to the borders of the pre-war of 1967.
Tags: Accept, Choose, UnitedIn Riyadh, there's going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people. It's like a city within a city.
Tags: City, House, WithinMy own center, my Kingdom Center, which is the highest priced tower in Saudi Arabia, was vacated twice because of terrorist attacks, terrorist threats.
Tags: Highest, Terrorist, TwiceOne of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East. It has around 45% of all the movie industry and around 75% of all the music.
Tags: Movie, Music, PersonalSaudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid.
Tags: Family, Political, StrongSo, if you look at what's common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields.
Tags: Among, Common, FourSome countries, like Saudi Arabia, where the population growth is very high, whereby you don't have the mortgage low yet. Still the demand outstrips supply by much.
Tags: Countries, Growth, HighThe legacy of Steve Jobs and the strength of Steve Jobs is that he established a company that's clearly firing on all cylinders and clicking very well.
Tags: Company, Jobs, StrengthThose people behind the mosque have to respect, have to appreciate and have to defer to the people of New York. The wound is still there. Just because the wound is healing you can't say, 'Let's just go back to where we were pre-9/11.
Tags: Behind, Healing, RespectWell, clearly Apple is a role model of the American innovation whereby it produced all these products - iPod, iPhone, iPad - that are really now dominating all the technology arena in the world.
Tags: American, Role, TechnologyWell, it's very clear that the Arab population is rising because they'd like to have a say in the running of their affairs, running of their government, and this is very legitimate.
Tags: Clear, Government, RunningWell, you know, News Corp is the only real media global - that has a global presence that's involved in TV production, in movies, in publishing, in newspapers, digital media, et cetera. So for a company like that to function, clearly it does not depend only on Rupert Murdoch or James Murdoch.
Tags: Company, Movies, RealYou know, in Saudi Arabia, there is a body of 40 people - 34 people exactly, that once the succession comes, they will meet and they will elect a king in there.
Tags: Body, Meet, OnceIf I'm going to do something, I do it spectacularly or I don't do it at all.
Tags: Compassion, Fight, ReasonNo company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.
Tags: Genius, Matter, SmartOur Palestinian brethren continue to be slaughtered at the hands of Israelis while the world turns the other cheek.
Tags: Continue, Hands, WhileI believe the government of the United States should re-examine its policies in the Middle East and adopt a more balanced stance toward the Palestinian cause.
Tags: Cause, Government, UnitedThe issue of Palestine has been there since more than 60 years. But more important since 1967 when the war was, ended in the defeat of some Arab countries.
Tags: Defeat, Since, WarClearly, as a CEO, you have other functions that are managed by other people.
Tags: Ceo, Clearly, FunctionsEthics to me is very important.
Tags: EthicsI believe Twitter, right now, is just finishing the venture capital phase, getting into a maturity level.
Tags: Getting, Level, MaturityI definitely believe that the so-called American decline is greatly exaggerated.
Tags: American, Definitely, GreatlyI own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
Tags: Almost, America, SmallI will always serve my country in any capacity, but I'm very happy with what I'm doing right now.
Tags: Country, Happy, ServeI'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis.
Tags: Crisis, Scared, WarVisit partners pages
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I'm telling you, you can't compare Saudi Arabia to other countries.
Tags: Compare, Countries, TellingMy wheels are running. My investments are local, regional and international.
Tags: Local, Running, WheelsNowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward.
Tags: Anyone, Cannot, SpeakThe lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan.
Tags: Lesson, Plan, PossibleYou know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera.
Tags: Hear, Poverty, RichActually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population, whether Shiite or Sunnis from north, south, west or east, they can get together and exchange their views.
Tags: Actually, Together, WhetherThe entire American media apparatus bought into the drug war - which is an enormously damaging and costly undertaking for this country - and there wasn't enough critical reporting about it and that's why it's gotten out of hand.
Tags: Country, Enough, WarThe entire economy, of course, is locked in a down cycle right now. Last time we weathered this was during another Bush presidency in '90. We were locked in it for a year and a half and everyone came out of it.
Tags: Another, Everyone, TimeThe only school that let me in was U.C. Santa Cruz, which is where I went. They didn't have a journalism program, so I took sociology, which is the closest thing to journalism.
Tags: Journalism, School, TookWhen you're kept by a patron you don't have to duke it out in the media marketplace for dollars and for readers. In some ways that's a blessing because it takes a lot of pressure off you.
Tags: Blessing, Off, TakesWhile I'm critical to the Bush presidency, it's been enormously beneficial for Salon because we're seen as kind of an aggressive watchdog on the Bush White House. Particularly since Florida, our readership hit a whole new level, and we held onto those readers.
Tags: Since, While, WholeYou can crash on one set of rocks or the other set of rocks, and they crashed on the other set of rocks, which was probably being too little to be commercially viable.
Tags: Crash, Rocks, ViableA lot of my idealism was frustrated by the end of the '60s because of the way things went with the assassinations and the sense that the political establishment was so fixed in its ways you couldn't change anything.
Tags: Change, End, PoliticalThere are not that many new media brands you can say that about nowadays.
Tags: Brands, Media, NowadaysAfter Watergate, which happened when I was in college, I became increasingly inspired by journalism as a way to change the world. It sounds corny, but to wake the public up, to serve a higher cause.
Tags: After, Change, CollegeI came at age in the '60s, and initially my hopes and dreams were invested in politics and the movements of the time - the anti-war movement, the civil rights movement. I worked on Bobby Kennedy's campaign for president as a teenager in California and the night he was killed.
Tags: Age, Dreams, PoliticsIt's like a cast of actors; you're all working together closely under pressure to produce something everyday. And when we put up an issue, it's like the curtains opening on a new play. I really like that daily sense of surprise.
Tags: Daily, Together, WorkingMost magazines have become wallpaper, they're all the same, all the same celebrities. It's really an abysmal time in American journalism right now. But occasionally one story or two will pop out.
Tags: American, Become, TimeEven more important maybe, or equally more important at least, is they don't have to scrap for a living.
Tags: Equally, Living, MaybeI got kicked out of high school, so I couldn't get into very many colleges.
Tags: High, Kicked, SchoolI have no regrets about launching Salon. For the life of me, I can't imagine doing anything else.
Tags: Else, Life, RegretsI think we're really getting it right the last few months and hopefully we'll get better and better at it.
Tags: Few, Getting, LastJournalism is not just a cause, it's also a wacky profession.
Tags: Cause, Journalism, ProfessionMost Sunday magazines, with the New York Times as an exception, are kind of sleepy, weekend service vehicles to move living room products.
Tags: Living, Service, SundayMy favorite thing is still journalism. I'm almost 50. This has been my life ever since I was in college.
Tags: College, Life, SinceDo I regret taking the company public? Yes and no. Yes, because it put us under enormous pressure for a young company to go public at that point in its history, something you never could have done in the old days.
Tags: Done, History, RegretI don't think Fox News or Rush Limbaugh need Clinton it turns out. I think there's a hunger out there for - whether it's on the left or right - a more lively and provocative type of political journalism. I think Salon and Fox on the other side have both benefited from that.
Tags: Both, Political, WhetherI have enormous respect for Steve Johnson, and as I've told him, Feed was one of the inspirations for Salon. They were up there before we were. And also for Joey and the Suck people.
Tags: Him, Respect, SuckI knew I wanted to be a journalist ever since I was a teenager. While it is interesting and gratifying to be on the business side and to see how that all works, the main reason I kept a business role here was to protect the editorial integrity of Salon.
Tags: Business, Integrity, ReasonI know that doesn't sound very radical and webby of me to say that but I think the New York Times is important. I also think there's an occasional piece that will pop out.
Tags: Sound, Times, YorkI think there is a difference between Slate and Salon. I think we both serve important functions on the Internet. As more and more Websites disappear, I'm thankful Slate is still around because it makes things less lonely.
Tags: Between, Lonely, ThankfulI think we've broken story after story that the rest of the media refused to break even when they had the story because they were scared of the story, or they just didn't think it was appropriate.
Tags: After, Broken, StoryOn the other hand, we raised $25 million by going public. It's that money that we used to build this company, to build the circulation, to build a high profile and to hire staff that made Salon what it is today.
Tags: Money, Today, UsedOther than that one year, Salon has been very cautious about the way it spends money. For instance, since last year, we've had virtually no marketing budget. It's just word of mouth. And our circulation continues to grow that way by breaking news stories.
Tags: Last, Money, WordPeople sort of take it for granted, but the more you see of the media world the more you appreciate a paper like the Times where its family continues to invest in editorial quality and I think it's the truly is the best paper in the world.
Tags: Best, Family, TimesIf you are in banking and lending, surprise outcomes are likely to be negative for you.
Tags: Likely, Negative, SurpriseIn the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense.
Tags: Congress, Control, UnitedIt might be useful to be able to predict war. But tension does not necessarily lead to war, but often to peace and to denouement.
Tags: Able, Peace, WarMost people are sceptical about the wrong things and gullible about the wrong things.
Tags: Gullible, Sceptical, WrongMost so-called writers keep writing and writing with the hope, some day, to find something to say.
Tags: Hope, Keep, WritingNever take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.
Tags: Advice, Money, WarNever think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.
Tags: Confuse, Lack, StabilityNobody reads the disclosures that roll down your computer screen. You click 'I agree' but you don't know what you're agreeing to.
Tags: Agree, Computer, NobodyPeople employed in financial institutions are rarely interesting and even more rarely likable.
Tags: Financial, Likable, RarelyPoverty is clearly one source of emotional suffering, but there are others, like loneliness.
Tags: Emotional, Loneliness, OthersSuccess is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.
Tags: Absence, Feeling, SuccessThe American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution.
Tags: American, Hurt, ProblemThe best philosophers were not academics, but had another job, so their philosophy was not corrupted by careerism.
Tags: Best, Job, PhilosophyThe key to wealth is that it doesn't matter. Once you've had it, you don't think anything of it; you can wear cheap watches.
Tags: Matter, Once, WealthThe next time you experience a blackout, take some solace by looking at the sky. You will not recognize it.
Tags: Experience, Looking, TimeThe people I go after are the false experts, those who do not accept the limits of their knowledge.
Tags: Accept, After, KnowledgeThe track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.
Tags: Bad, Beyond, EventsThe world we live in is vastly different from the world we think we live in.
Tags: VastlyThere are two types of people: those who try to win and those who try to win arguments. They are never the same.
Tags: Try, Types, WinWe humans lack imagination, to the point of not even knowing what tomorrow's important things will look like.
Tags: Knowing, Point, TomorrowWe should ban banks from risk-taking because society is going to pay the price.
Tags: Pay, Price, SocietyWhat we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats.
Tags: Money, Socialism, TodayWhat we need to do is break the financial community's grip on society.
Tags: Community, Financial, SocietyWhen I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line.
Tags: Line, Problem, TradeWhen you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
Tags: Social, Talk, WriteWriting is sacred, other activities are profane, and I don't want them to corrupt my writing.
Tags: Corrupt, Sacred, WritingYears ago, I noticed one thing about economics, and that is that economists didn't get anything right.
Tags: Economics, Economists, Noticed