Bankrate: What are your business interests these days?
Art Linkletter: One is
a company that produces ethanol, which is a great way to reduce carbon dioxide
emissions. I'm also involved in a company that is big in solar power. We're building
power plants on wires so we can get energy from the sun. We've got a plant near
Las Vegas and its very exciting. I think alternative energy has a great future.
Your more unusual investments have included the Hula Hoop and the Game of Life.
What else have you invested in?
I owned a million-acre sheep ranch in Australia. I was an original investor in
the Hula Hoop and still receive income from my financial interest in the Game
of Life, which I've had coming in for the last 32 years. I've served on a lot
of corporate boards, including MGM, the MGM Grand Hotel in Las Vegas and Western
Airlines. It's kind of funny -- I wouldn't put a quarter in a slot machine, but
I've been involved in companies that drill for oil and gas. I invest in stocks
and bonds too, but am always looking for new business opportunities.
How would you describe your life philosophy?
Linkletter: You know, I've had tragedies in my life. I lost two of
my children, one to an LSD-related suicide and the other in an accident but I
wouldn't have missed the great years I had with those kids for anything. Even
if I had known how it would turn out, I wouldn't give up those years. Things turn
out the best for people who make the best out of life. Life constantly changes
and it's easy to get into a comfortable rut, but I've learned that you do well
in life when you are living and participating fully. Then as you get older you
get some wisdom and have a better idea of what you should be doing and shouldn't