I had set my mind on winning the 1500-meter gold medal in Helsinki in 1952. ... And, it all came disastrously wrong when I came fourth instead of winning. ... Instead of retiring in order to devote myself to medicine, I decided to go on for another two years while I was still a student, working clinically in London, and I did that.

Failure is the most likely outcome of entrepreneurship. Hence there is absolutely nothing wrong with failure. It is the default outcome. Success on the other hand is rare and unpredictable. Very few find it. However what can help entrepreneurs succeed is when an ecosystem learns from failure.

At first the research did not seem to be particularly interesting – I carried out a systematic search for processes that might destroy the CFCs in the lower atmosphere, but nothing appeared to affect them. We knew, however, that they would eventually drift to sufficiently high altitudes to be destroyed by solar radiation. The question was not only what destroys them, but more importantly, what the consequences are.

Unfortunately, in the case of Iraq, I believe we could have done that through an inspection process. I was calling for a few months more to complete our work. We hadn’t seen indications of weapons of mass destruction. We hadn’t seen indications of nuclear weapons. ... Unfortunately, it didn’t work that way. There was faulty intelligence. There were lots of other considerations that made a decision to go to war tempting, to get rid of Saddam Hussein.

Yeah, and it’s made it considerably more difficult. It’s funny when you look back now, because everybody’s sort of copied those films. They’re so ingrained in the culture now, it’s almost impossible to think there was a point where those things were completely odd and unique.

I liked all the normal kinds of adventure books, Kidnapped, Treasure Island, Huck Finn sorts of things. I loved Swiss Family Robinson and that whole period of South Sea adventure movies. I liked westerns. Westerns were very big when I was growing up. When we finally got a television there was a whole run of westerns on television. John Wayne films, directed by John Ford, before I knew who John Ford was. I think those were very influential in my enjoyment of movies.