The New Yorker: The Man Who Owns L.A.

Writer Connie Bruck wrote this piece that ran a few weeks ago in The New Yorker about the men behind a plan to build a new NFL stadium in downtown Los Angeles. One of them, Phillip Anschutz, is a politically conservative billionaire seven times over, who made his fortune in oil and gas, real estate, railroads, telecommunications, and sports and entertainment. It's a fascinating article, even though I'm not particularly sympathetic to his agenda or that of his compatriots. But I did really like this quote from him:

"It helps to have your back against the wall. Adversity is a huge advantage — as long as you think of it as an advantage — because it helps you do things you never thought you were capable of doing."

Words to remember. You can read the full article here — but unfortunately, only if you're a subscriber.

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