Michael Ovitz

These guys didn't go to college.

They're better read than most PhDs that I know in any field.

And secondly, we all three demonstrated that as mailroom employees, where we knew the quickest path was education.

I have a thing I always say to people that work with me, knowledge is power.

And it works for you and against you.

And it works for you if you embrace it, use it, read, and try to index it in your head for context.

Works against you if it turns you into a liar.

And lying is a, when I started at CA in 74, it became very clear to me that lying was a industrial problem in the entertainment business.

everybody didn't tell the truth.

One of the reasons they did not tell the truth is since they didn't know the term knowledge is power, but they knew it innately that they had to have an answer.

So you could call up an agent and ask them a question.

They felt this necessity to have an answer.

And by doing that, they'd sometimes more than half the time make it up.

So we started some very simple rules-based

which I was shocked in retrospect how revolutionary they were.

But they were simple.

To me, it was like simpleton logic.

Don't lie.

If you don't have an answer, here's your answer.

Tell you what, Shane, I'm going to get back to you because I don't know the answer to that question, but I'm going to find out.