Codie Sanchez

I'd rather that they made money and I was wrong, but I don't think that's going to be what happens.

Yeah, they just hold the bag.

I think it's a real issue when you buy things that don't have inherent value.

I mean, I'm like old school, like Buffett, like a house is always going to have a value because you have to live in it, you know, and a car, you can utilize it, you know, commodities, we need it for the economy.

But, you know, anything that you trade, even art, which has held its, you know, its value over many, many years is tough if you hold it just for value, because who are you going to trade with quickly if you need some cash?

That's tough.

Wait, I didn't know that.

What's the most expensive piece of art you bought?

Too much?

Fascinating.

Do you have specific artists you like buying from?

Are they like really well-known ones like Picasso or Warhol or are these like modern artists?

You have a saying that I really liked, which is as a CEO, you should think that nothing is beneath you.

Yeah.

Can you talk to me about that?

I think CEOs have to make a lot of hard decisions too.

You have some decision-making frameworks.

What do you do when you have to make a hard decision fast?

Yeah, people need to hear that more.

My last two questions.