I have always thought of him as the leader in all of this so … but I take great pride in him because he was my PhD student so I take a lot of pride in having sort of at an early stage influenced him, and in this whole field of market design and auction design. This of course, by the way, is the third of my students who’ve won Nobel Prizes.

Yes, I am proud of them all. Our main product at DNI is people who we teach and train to do research.

I am the only person who has four golds and one bronze in the Olympic Winter Games in Korea. The record will be broken by someone someday, but I think, I've done what I loved and had a pretty good and successful life as an athlete.

That’s difficult for someone to talk about themselves. If I’ve helped improve the game of golf and if I’ve helped improve people’s outlook on life and the game of golf, that would be something that I would be very happy for. I would really like to think that maybe I have left something that other people will look at and say, when people come in back of them, that they have given them the same opportunity that we had. And that means give our kids the opportunities that we’ve had through these years. And if I can do that and leave something along those lines to people, I’ll be very happy for that.

When I was younger, I thought that was all you needed. If you understand physics, how hard can it be to run a team? The idea that some skills, like managing people, are not correlated with scientific IQ — in fact some of them are negatively correlated to scientific IQ — took me a while to figure out.

I read Stephen Pinker's The Better Angels of Our Nature a few years ago and got to talk to him about it after, which was a lot of fun. I reviewed it for my blog, Gates Notes, because I wanted other people to read it, love it, and hopefully learn from it the way I did. It's probably my favorite book and the one I recommend most often.

Satya is very good at extracting the maximum value from my time and making sure I look at all the important things. He’s very thoughtful, good at working with people, working through problems in a calm sort of way.

The one area where the breakthrough isn’t taking place, and it’s tough, is very inexpensive broadband access to homes or even small businesses. The price of broadband has not gone down. And there’s nothing in the next two or three years that’s really going to change that. So if I had a wand and I could ask for one more hardware technology miracle, it’d be some way of having $20-a-month broadband to homes and small businesses.

My last piece of advice is the one I could have used the most. It took me a long time to learn. And it is this: You are not a slacker if you cut yourself some slack. When I was your age, I didn't believe in vacations. I didn't believe in weekends. I pushed everyone around me to work very long hours. In the early days of Microsoft, my office overlooked the parking lot—and I would keep track of who was leaving early and staying late. But as I got older—and especially once I became a father—I realized there is more to life than work. Don't wait as long as I did to learn this lesson.

I was too emotional about something not going too well.