Author Archive for: Christoph Niemann

To get noticed, we can’t say what’s expected. advertising wisdom

You can’t do right in investments unless you think independently. And the truth is, you’re neither right nor wrong because people agree with you. You’re right because your facts and your reasoning are right.. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930),Quotations book 2004

Never acquire a business, however good it may appear to be, unless you are either guaranteed continuity of management or you are in a position to replace the management immediately with people in whose capacity you are confident and whom you can trust. Charles Carmine Forte, Baron Forte – British caterer and hotelier (1908-2007), from […]

Bad companies are destroyed by crisis, good companies survive them, great companies are improved by them. Andrew Stephen “Andy” Grove – born András István Gróf, Hungarian-born American businessman, co-founder of Intel (1936-2016), in December 1994, quoted in “Creating the Digital Future: The Secrets of Consistent Innovation at Intel” (1998)

Instead of ceaselessly lamenting the loss of the old industries, we must simply face up the adventure to develop new ones. John Naisbitt – American scientist in the area of futures studies, who popularized the term “globalization” (b. 1929)

If you always hire people who are smaller than you are, we shall become a company of dwarfs. If, on the other hand, you always hire people who are bigger than you are, we shall become a company of giants. David Ogilvy – legendary British advertising executive and entrepreneur (1911-1999), Quotations books 2002 + 2018

The business of business is a lot of little decisions every day mixed up with a few big decisions. Thomas S. “Tom” Murphy Sr. – American broadcast executive, former chair and CEO of Capital Cities Broadcasting/ABC Inc. (b. 1925)

It’s the investor’s job to intelligently bear risk for profit. Doing it well is what separates the best from the rest. Howard S. Marks – American investor, Co-Chairman Oaktree Capital Management (b. 1946), from “The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor” (2012), Quotations book 2018

An entrepreneur isn’t someone who owns a business, it’s someone who makes things happen. Timothy “Tim” Ferriss – American entrepreneur and author (b. 1977)

Think about long-term business prospects rather than short-term stock market prospects. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1991)

If I don’t go to the customer, my competitor was already there. maxime for successful entrepreneurs

Charitable giving should be a spiritual, rather than economic, decision. Economically, charitable giving never pays. Ron Blue – Christian financial advisor (b.1942)

Many managers wonder why we create value where they don’t succeed. That is due to the factors we talked about: The 100-day plan, the measuring systems, entrepreneurial mentality that we encourage and our way of control. Henry Kravis – American private equity manager (KKR) (b. 1944)

Since the Industrial Revolution began, going downstream – investing in businesses that will benefit from new technology rather than investing in the technology companies themselves – has often been the smarter strategy. Ralph Wanger – American fund manager (b. 1934), Quotations book 2019

Any damn fool can put on a deal, but it takes genius, faith and perseverance to create a brand. David Ogilvy – legendary British advertising executive and entrepreneur (1911-1999), from “The Unpublished David Ogilvy” (1988), Quotations book 2018

The time to reflect on your investing methods is when you are most successful, not when you are making the most mistakes. Sir John Marks Templeton – value investor and philanthropist (1912-2008)

Culture eats strategy for lunch. business wisdom, often attributed to Peter F. Drucker – Austrian-born American management expert (1909-2005), Quotations book 2019

I have always believed that the only way to cope with a cash crisis is not to contract but to try to expand out of it. Sir Richard Branson – British company founder (Virgin) and adventurer (b. 1950), from “Losing My Virginity: How I’ve Survived, Had Fun, and Made a Fortune Doing Business My Way” […]

I must say that a small investment company is one of the toughest things I ever attempted to do. There’s no business in this world that’s more difficult than backing bright young engineers and guys who think they’ve got a new product but aren’t good businessmen. Royal Little – American entrepreneur, founded Textron in 1923, father […]

The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought. Prof. Dr. Rüdiger “Rudi” Dornbusch – German-born American economist (1942-2002), in an interview for “Frontline” (PBS, 1995), Quotations book 2018

Every business cycle has three phases. In the first, innovators get rich. In the second, imitators get rich. In the third, idiots get rich – and then lose it. attributed to Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)

Though my heart may be left of centre, I have always known that the only economic system that works is a market economy, in which everything belongs to someone – which means that someone is responsible for everything. It is a system in which complete independence and plurality of economic entities exist within a legal […]

The directors of companies, however, being the managers rather of other people’s money than of their own, it cannot well be expected that they should watch over it with the same anxious vigilance (…) . Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company. Adam […]

The state is the great fictitious entity by which everyone seeks to live at the expense of everyone else. Frédéric Bastiat – French Economist and Journalist (1801-1850), Quotations book 2008

Change is constant, growth is optional. Kim Butcher – American investor (b. 1958)

Markets can remain irrational longer than you can remain solvent. John Maynard Keynes – British economist and investor (1883-1946), Quotations book 2006

Look for the durability of the franchise. The most important thing for me is figuring out how big a moat there is around a business. What I love, of course, is a big castle and a big moat with piranhas and crocodiles. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930)

A manager sets objectives. A manager organises. A manager motivates and communicates. A manager establishes measuring yardsticks. A manager develops people. Peter F. Drucker – Austrian-born American management expert (1909-2005), from “The Practice of Management” (1954), Quotations book 2020

Business leaders are called to engage the contemporary economic and financial world in light of the principles of human dignity and the common good. Among these principles, we recall the principle of meeting the needs of the world with goods which are truly good and which truly serve.. Peter K. A. Cardinal Turkson – Catholic […]

If history books were the key to riches, the Forbes 400 would consist of librarians. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2002