“Your performance depends on your people. Select the best, train them and back them. When errors occur, give sharper guidance. If errors persist or if the fit feels wrong, help them move on. The country cannot afford amateur hour in the White House.”

First rule of politics: you can’t win unless you’re on the ballot. Second rule: If you run, you may lose. And, if you tie, you do not win.

There are known knowns, things we know that we know; and there are known unknowns, things that we know we don’t know. But there are also unknown unknowns, things we do not know we don’t know.

Be able to resign. It will improve your value to the President and do wonders for your performance.

Reduce the number of lawyers. They are like beavers – they get in the middle of the stream and dam it up.

Agreement can always be reached by increasing the generality of the conclusion; when this is done, the form is generally preserved but only the illusion of policy is created.

Many people around the President have sizeable egos before entering government, some with good reason. Their new positions will do little to moderate their egos.

Enjoy your time in public service. It may well be one of the most interesting and challenging times of your life.

Presidential leadership needn’t always cost money. Look for low- and no-cost options. They can be surprisingly effective.

Politics is human beings; it’s addition rather than subtraction.

Death has a tendency to encourage a depressing view of war.

With the press there is no ‘off the record.’

If in doubt, don’t. If still in doubt, do what’s right.

Learn to say ‘I don’t know.’ If used when appropriate, it will be often.

Prune – prune businesses, products, activities, people. Do it annually.

Everyone’s saying you can’t do anything until you can do everything.

Simply because you do not have evidence that something exists does not mean that you have evidence that it doesn’t exist.

In the luxury business, you have to build on heritage.

Secure against the designs of men, secure against the malignity of the Gods, they have accomplished a thing of infinite difficulty; that to them nothing remains even to be wished.

Oh, I was brought up in the north of France, and I had a very enjoyable childhood with my family working as entrepreneur.

Advice? I don’t offer advice. Not my business. Your life is what you make it.

In education, in marriage, in religion, in everything, disappointment is the lot of women. It shall be the business of my life to deepen this disappointment in every woman’s heart until she bows down to it no longer.

Our business is infested with idiots who try to impress by using pretentious jargon.

You know, there’s a big lie in this business. The lie is that it’s okay to go out in flames. But that doesn’t do anybody much good. I may be wrong, but I think Hendrix was trying to come around.

No matter what business you’re in, you can’t run in place or someone will pass you by. It doesn’t matter how many games you’ve won.