. >> that goesor back to what superior management over a sen true sin tourow w re -- sen tocentur. >>learn from what the native americans are did to their resources. >> you can see the private rop pert difference bys driving er through some indian land. >> it is fascinating to drive through a reds vation in the ce west. iro go through the crow reservation and when you would come to a fence line on one side is the over grazing a few straun kn -- scrawny battle and maybe not a very political house.t right next door you would see cultivated fields, irrigation systems beautiful barn, home anu so on. you don't even need to look at property records to know that the productive one is held inro private and the other one held in common in trust. the difference. >> you can see it but it is fascinating to booigoogle the reservation. >> not much development very few farms.n here's one that has private property rights. >> you can see the same thing on mannings reserves where they have managed to develop an industrial park creating jobs and wealth and at least gettingt one foot up the ladder out of

it is broader than just the tech , it goesor finance into education and politics. this is just one manifestation of it. america is the land of instant gratification. taking a much longer-term perspective, we can make the investments, we can bring the kind of solutions and innovation without being bound to this 90 day planning cycle that companies are afflicted by it. long- more focused on the term. we want to make investments. in the last 5-6 years, we also spent $13 billion making acquisitions and building up these new areas that are not substantial businesses for us. >> why should i be critical michael dell? he has been there. even though you were not the ceo, you went through that. -- you went through that period. see all the value tablets, you didn't see all the values of smartphones, and that has exploded. but people today think that mobile is one of the most important things in addition to technology. x nobody's perfect. [laughter] >> i know. but is it a legitimate criticism of what happened? >> it is. technology is a relentlessly competitive space. during th