In 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.
No 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.
One 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.
Well, 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.
Actually, 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.
So, 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.
Some 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.
The 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.
Most governments are pragmatic, most people are logical. There are pockets of extremism in Israel, in the U.S. and in the Muslim world. But we have to fight them with reason, with logic and with compassion.