Author Archive for: Christoph Niemann

The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. Sir John Marks Templeton – value investor and philanthropist (1912-2008)

You’re lucky to get 5 minutes with your consumer a year, so make sure you know what you want to say. marketing wisdom

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” […]

A great investment opportunity occurs when a marvelous business encounters a one-time huge, but solvable problem. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from “Warren Buffett on Business: Principles from the Sage of Omaha” (2009)

We have three baskets for investing: yes, no and too tough to understand. Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924)

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

When you see it, bet big. Stanley F. “Stan” Druckenmiller – American investor, hedge fonds manager and philanthropist (b. 1953), in his speech at the “Lost Tree Club” (01/18/2015), Quotations book 2020

Leadership means reaching goals consistently, with the team, and doing things right. Liderar é bater metas consistentemente, com o time e fazendo certo. Vicente Falconi Campos – Brazilian management consultant (b. 1940), from “True Power – Management Practices for Revolutionary Results” (2010), Quotations book 2020

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 […]

I mean by that that the market economy as such is social, not that it needs to be made social. attributed to Dr. Ludwig Erhard – German politician (CDU), 1963-66 Bundeskanzler, father of the social market economy and the “German Wirtschaftswunder” (1897-1977), quoted by Friedrich August von Hayek (Austrian economist and social philosopher, Nobel Memorial […]

Unconventional behavior is the only road to superior investment results, but it isn’t for everyone. In addition to superior skill, successful investing requires the ability to look wrong for a while and survive some mistakes. Howard S. Marks – American investor, Co-Chairman Oaktree Capital Management (b. 1946), in his memo to Oclients (April 8th 2014), […]

When we lower prices, we go against the math that we can do, which always says that the smart move is to raise prices. Jeffrey P. “Jeff” Bezos – American company founder: Amazon (b. 1964), in his letter to the shareholders (2005)

I think that by concentrating on smaller companies, you improve your chances of catching the next wave. Ralph Wanger – American fund manager (b. 1934)

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

When reward is at its pinnacle, risk is near at hand. John C. Bogle – American author and founder of The Vanguard Group and the world’s first index mutual fund (1929-2019)

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)

Never ask a barber if you need a haircut. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), at the Berkshire Hathaway 1994 annual meeting

The nature of markets is that at times they offer extraordinary values and at other times you have to have the discipline to wait. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), in an interview with Anthony Bianco in “Business Week” (July 5th, 1999)

A leader is one who knows the way, goes the way, and shows the way. John C. Maxwell – American leadership expert, author and speaker (b. 1947), from “The Right to Lead: Learning Leadership Through Character and Courage” (2010)

Volume is vanity, profit is sanity. Wilhelm Zeller – German manager, 1996-2009 CEO at Hannover Rück (b. 1944)

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

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)

No reward without responsibility, no investment without involvement, no profit without participation. Dr. Michael Schluter – British economist, author, speaker and social entrepreneur (b. 1947), during his presentation at the European Economic Summit Declaration 2014

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 seven most expensive words in any business are: “We have always done it that way!” Catherine DeVrye – Australian motivational speaker and entrepreneur: Greatmotivation, Quotations book 2019

If you accept my thesis that many aging tech companies resemble the Walking Dead, you should also accept the follow-up proposition that what these companies need are not “visionary” CEOs but pragmatic ones, less Steve the visionary, and more Larry the Liquidator, a person with limited ambitions and a readiness to preside over the dismantling […]