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Some people like new challenges, feel they have something to contribute and love to build things. It has very little to do with money, it's about remaining active.

Regarding Phil Knight, only two things matter, what's going on from the neck up and $$$ in the portfolio. He's still firing on all mental cylinders as of 3 weeks ago when I saw him speak.

Good information. One point on money, it has never been "is there enough money - more like do I want to spend my money on sports". UM has an endowment well over $1.3 billion.