There’s really a lot of overlap between managing and investing. Being a manager has made me a better investor, and being an investor has made me a better manager. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), from “Warren Buffett’s Managment Secrets” (2009), Quotations book 2012
Ideas that have great results are always simple ones. Leo N. Tolstoy – Russian writer (1828-1910), from “War and peace” (1869), Quotations book 2012
After victory you have more enemies. attributed to Marcus Tullius Cicero – Roman politician (106-43 B.C.), seen at the Ashmolean Museum in Oxford, Quotations book 2012
The hourly wages are in fact four times higher in Denmark, but our employees there are four times as productive as their colleagues in Hungary and the Czech Republic as well. Labour costs only make up one third of the production costs. In Billund for example we need only one executive for 80 employees because they are highly qualified and can lead themselves. Jørgen Vig Knudstorp –...
Troubles are often the tools by which God fashions us for better things. Henry Ward Beecher – American clergyman, opposed slavery (1813-1887), Quotations book 2012
Neither a borrower or lender be, for loan oft(en) loses both itself and friend, and borrowing dulls the edge of husbandry. William Shakespeare – English writer (1564-1616), in “Hamlet”, 1st act, Scene 3 “Polonius”(1603), Zitateheft 2012
Once companies try to “reduce the number of screw-ups”, innovation usually grinds to a halt. The key to more efficient innovation is failing faster, not less often. Robert I. Sutton – American Management academic (b.1954), in “Weird Ideas That Work: 11 1/2 Practices for Promoting, Managing and Sustaining Innovation” (2001), Quotations...
A setback is a setup for a comeback. Dr. Robert H. Schuller – American evangelist and reformed priest (1926-2015), Quotations book 2012
Volatility does not measure risk. The problem is that the people who have written and taught about risk do not know how to measure risk. Beta is nice because it is mathematical, it is easy to calculate and it is wrong –past volatility does not determine the risk of investing. In early 1980s, farmland that had gone for $2,000 an acre, went for $600 an acre. Beta shot up. I was apparently...
The difference between failure and success is doing a thing nearly right and doing a thing exactly right. attributed to Edward C. Simmons – American entrepreneur (1839-1920), Quotations book 2012
Anyone who believes a growth rate in excess of 15% per annum over the long term is attainable, should pursue a career in sales, but avoid one in mathematics. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2012
Il semble que la perfection soit atteinte non quand il n´y a plus rien à ajouter, mais quand il n´y a plus rien à retrancher. Antoine de Saint-Exupéry – écrivain, et aviateur français (1900-1944), de “Terre des Hommes” (1939), Brochure de citation 2012 Perfection is attained not when there is nothing more to add, but when there is nothing more to remove. Antoine de...
Turn your face towards the sun and the shadows will fall behind you. from Tanzania – Quotations book 2012
When you hire people who love what they do, they make you look like a genious. Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2012
When the facts change, I change my mind. What do you do, Sir? attributed to John Maynard Keynes – British economist and investor (1883-1946), as a reaction on the critics, he would change his mind very often, Quotations book 2012
To find joy in work is to discover the fountain of youth. Pearl S. Buck – American writer, Nobel Prize in literature 1938 (1892-1973), from “The Joy of Children” (1964), Quotations book 2012
Jesus Christ said: My power is made perfekt in weakness. The Bible, 2. Corinthians 12:9 (NIV) – Quotations book 2012 The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An...
A good shepherd shears his sheep, he doesn”t flay them. Tiberius Claudius Nero Caesar – known as Tiberius Iulius Caesar Augustus, Roman politician, 14-37 emperor (42 B.C. – 37 A.C.), quoted in “The Twelve Caesars” by Suetonius (70-140 A.C.), Quotations book 2012
If it falls your lot to sweep streets in life, sweep streets like Michelangelo painted pictures. Sweep streets like Beethoven composed music. Sweep streets like Shakespeare wrote poetry. Sweep streets so well that all the hosts of heaven and earth will have to pause and say: “Here lived a great street sweeper, who swept his job well.” Martin Luther King jr. – American civil...
For God has not given us the spirit of fear; but of power, and of love, and of a sound mind. The Bible, 2 Timotheus 1:7 (KJV) – Quotations book 2012