Quotes of All Topics . Occasions . Authors
Building human-centered organizations doesn't imply a return to the paternalistic, corporate welfare practices of the 19th century. Most of us don't want to be nannied.
I'm an optimist. My own fiction, while it has its own dark warnings about pitfalls ahead, depicts the potential of science to improve society by networking human minds.
Whatever your income level is, save as much as you can - up to 20 percent, but more if you can - and invest it. Put that into an IRA; put that into a brokerage account.
One tech-related concern with religion is that it appears to be a positive feedback loop to the accelerating rich-poor gap, as the disenfranchised opt out of modernity.
It's always different when a guy gets drafted and developed and comes up in his first organization and makes an impact. There's something special and timeless about it.
It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.
I think we have to pick up some sectors where we can make India the global hub in the entire value chain, and the most important sector to pick up should be electronics.
The whole thing of moving the currency through currency sorting and detection machines and so on that was the whole process actually encouraging electronic transactions.
The Internet is changing what entertainment and sports is. It's not just a few people authoring an experience for others. It's really growing out of what everybody does.
The culture at Valve is pretty much crowdsourced. The handbook is a wiki. One of the first things we say to new hires is, 'You have to change something in the handbook.'
The investment banks should either choose to be regulated as banks or should arrange to conduct their affairs to not require the stop-gap support of the Federal Reserve.
I never liked quantitative easing. It's misunderstood by almost everybody. Flattening the yield curve is not stimulative; flattening the yield curve is anti-stimulative.
IT is permeating more industries. Moore's Law knocks down simulation capabilities. We don't need wind tunnels anymore, for example. You can run experiments more quickly.
People often ask whether I consider myself successful. I don't yet, because there's so much more I want to accomplish. I put more pressure on myself than anyone else can.
I've often thought of successful entrepreneurs as individuals who have just the right expertise - at just the right moment - to solve the emerging problems of their time.
My firm has 25,000 high-net-worth clients. A typical account would be that of a couple aged 65 and 60 who need their money to last the rest of their lives, 25 to 35 years.
Investors covet past improvements but also always believe pricing unimaginable future creativity and efficiency gains is Pollyannaish. And they're always wrong. Bet on it.
To me 'The Big Easy' is shorthand for owning big stocks that are easy for wary investors to buy into. These stocks tend to outperform during the back half of bull markets.
What I saw a thousand times during the downturn was, 'We'd like to give her that opportunity, but we need to go with the sure thing - we can't afford diversity right now,'
To not apologize for the behavior of the players to another manager is unthinkable. It's a disgrace, but I don't expect Wenger to ever apologize...he's that type of person.
While short sellers probably will never be popular on Wall Street, they often are the ones wearing the white hats when it comes to looking for and identifying the bad guys!
If you think about the amount of critical thinking that has come into the field of economics, two universities have dominated the landscape in my life: Chicago and Harvard.
When you lower the cost of access to space, a boom of innovation follows, just as low-cost fiber optics paved the way for the Internet and the cloud services that followed.
The future will be less predictable, forecast rises will shrink, company lifetimes will shrink, new entrants will proliferate and it's going to just get more unpredictable.
Having a relentless lineup full of professional hitters works on so many levels. It works in terms of pure baseball reasons: if you get on base, you're going to score runs.
A lot of times I make people better by getting stupid, distracting, bureaucratic stuff off their desk. That's an incredibly easy way to make a senior person more productive.
Over time, a successful company will acquire much in the way of resources and momentum, and these things often insulate it from reality once it has stopped being successful.
You have to train people how to be business innovators. If you don't train them, the quality of the ideas that you get in an innovation marketplace is not likely to be high.
I call it the Rule of Three. If you read a company's financial statements three times, and you still can't figure out how they make their money, that's usually for a reason.
There have been many very successful acquirers, where they've bought up companies, and they've grown their earnings very rapidly, and the stock has appreciated tremendously.
In the early days, I promoted the idea of spending time in libraries to gain facts that other investors didn't have. Not many people did that kind of research, so it worked.
When you give an artist a canvas, you shouldn't tell him exactly how much paint to put on it, or exactly how sharp the images should be. You should let the artist get going.
Investing isn't a game to be won. At the end of the day, it's a way to achieve your big goals, like buying that home, starting that business, and retiring on your own terms.
In my world, I have to keep my counsel at times, accept players are going to criticise various things, accuse you of various things. Sometimes you react, sometimes you don't.
There is no evidence that changing your managers repeatedly leads to success, but there is evidence at Manchester United, I was managing there for 26 years I won 38 trophies.
Money is a life skill – and as parents, grandparents, interested adults – it's up to us to make sure our children are prepared for the financial world they are going to face.
We've made plenty of mistakes. But the ones that we've hit on, we've gotten lucky with some impact guys back, some best-case scenarios as far as how the guys have turned out.
One of the things I always thought about as a young coach was finding solutions to things that happened, but the most important thing I always referred to was never giving in.
I have known Senator Rubio for a number of years, and he is an inspiring, courageous, and bold leader who embodies the American dream of freedom and equal opportunity for all.
If you are prepared for some risk, junk bonds pay about 5%, but they tend to get whacked when interest rates rise. Same with lower-yielding but higher-quality corporate bonds.
My father, Philip Fisher, was the toughest guy I ever knew. An example: He had terrible teeth, yet he got his fillings done without ever using a painkiller. Now, that's tough!
Just like you could dump oil into the Cuyahoga in the 60s and let someone else foot the bill, today you can pump CO2 into the atmosphere and let the whole world foot the bill.
It's hard to find ideas that aren't picked over and harder to get real returns and differentiate yourself. We are entering a new environment. The days of big returns are gone.
I just saw over the years that the times that we did remarkable things, it was always because players didn't want to let each other down. Players wanted to lift each other up.
Human beings of today are more fragile, whereas people born in wartime, during the Second World War, eventually became the great players like Pele. They were fantastic players.
Some teachers had been trained to work out at Southern because I carried two out there. I carried a lady down here from Palmer's Crossing, used to play piano, and Billy Carter.
An adaptable company is one that captures more than its fair share of new opportunities. It's always redefining its 'core business' in ways that open up new avenues for growth.
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
Try to learn as fast as you can from the wizards and then steal what you can appropriate from them and use it to modernize your existing business model (without disrupting it).
Choosing individual stocks without any idea of what you're looking for is like running through a dynamite factory with a burning match. You may live, but you're still an idiot.