Over the long run, the price of gold approximates the total amount of money in circulation divided by the size of the gold stock. If the market price of gold moves a long way from this level, it may indicate a buying or selling opportunity.
- Ray Dalio
Notable Quotables
Politics is not a game. It is an earnest business.
- Winston Churchill
No, markets weren’t “efficient” at finding the truth; they were just very efficient at converging on a conclusion—often the wrong conclusion.
- Ben Horowitz
Twitter was not started because we started a company. Twitter was started because we had a good idea, and it started out of a failed company. That can happen out of any company today.
- Jack Dorsey
You want to be a bit compulsive in your art or craft or whatever you do. You want to be focused on it.
- Steve Martin
When I am myself, I am happy and have a good result.
- Jack Ma
The record results for the third quarter once again demonstrate the ability of GE’s diverse mix of leading global businesses to deliver top-line growth, increased margins and strong cash generation.
- Jack Welch
60% of the bonus was based on financials and 40% on Six Sigma (quality) results.
- Jack Welch
Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious—but their ambition is first and foremost for the institution, not themselves.
- James C. Collins
Poker is a game where you don’t have to have the best hand to win. Poker is really reading other people and reading human emotion, which certainly comes into play in business.
- Charles Ergen
I never did anything by accident, nor did any of my inventions come by accident; they came by work.
- Thomas Edison
Pick a movement. Pick something you believe in. Pick something you want to have an impact in and then question every single thing and be a founder, and be an entrepreneur inside those organizations and inside that movement.
- Jack Dorsey
China and the U.S. need each other very badly. Yes, we should argue about some things, but it’s not an ‘us versus them,’ it’s an ‘us and them’ type scenario.
- Bill Gates
The economy in Hong Kong remained on a declining path. Occurrence of the Severe Acute Respiratory Syndrome (‘SARS’) in March this year led to a sharp drop in consumer spending and an increasing unemployment rate. The decline in the economy resulted in downward adjustment in the property market.
- Lee Shau Kee
Faith in your new apprentice, misplaced may be. As is your faith in the dark side of the Force.
- Yoda
Your worth consists in what you are and not in what you have.
- Thomas Edison
The revolutionary breakthrough will come with rockets that are fully and rapidly reusable. We will never conquer Mars unless we do that. It’ll be too expensive. The American colonies would never have been pioneered if the ships that crossed the ocean hadn’t been reusable.
- Elon Musk
Often any decision, even the wrong decision, is better than no decision.
- Ben Horowitz
You can’t just let nature run wild.
- Walt Disney
Life is a buzzer box. Poke it.
- Seth Godin
Microsoft Research has a thing called the Sense Cam that, as you walk around, it’s taking photos all the time. And the software will filter and find the ones that are interesting without having to think, ‘Let’s get out the camera and get that shot.’ You just have that, and software helps you pick what you want.
- Bill Gates
We want Facebook to be one of the best places people can go to learn how to build stuff. If you want to build a company, nothing better than jumping in and trying to build one. But Facebook is also great for entrepreneurs/hackers. If people want to come for a few years and move on and build something great, that’s something we’re proud of.
- Mark Zuckerberg
My popularity, my happiness and sense of worth depend to no small extent upon my skill in dealing with people.
- Dale Carnegie
Doing the right thing daily, compounds over time.
- John C. Maxwell
Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone’s guess, though one likely consequence is an onslaught of inflation.
- Warren Buffett
Our goal here in New York is to ensure that every child who graduates high school is ready to start a career or start college and to dramatically increase the number of students that graduate from college.
- Michael Bloomberg
[In January 2011] I think Twitter is so unique that we must stay independent.
- Jack Dorsey
Growing up I always felt like I was living on the other side of the tracks. I knew the people on the other side had more resources, more money, happier families.
- Howard Schultz
I like football, but I think this is a very personal matter. I don’t see any negatives for some Russian rich man to buy a football club.
- Viktor Vekselberg
I know when one door closes God will open up another door. What was meant for my harm God will use to my advantage. I’m not only coming out, I will come out better off than I was before.
- Joel Olsteen
This is indicative of how quickly CEO caution can put the foot on the brake.
- John Chambers
The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under.
- Peter Drucker
Time and money spent in helping men to do more for themselves is far better than mere giving.
- Henry Ford
People rarely succeed unless they have fun in what they are doing.
- Dale Carnegie
The first requisite for success is to develop the ability to focus and apply your mental and physical energies to the problem at hand – without growing weary. Because such thinking is often difficult, there seems to be no limit to which some people will go to avoid the effort and labor that is associated with it….
- Thomas Edison
Good product managers know the market, the product, the product line, and the competition extremely well and operate from a strong basis of knowledge and confidence. A good product manager is the CEO of the product. Good product managers take full responsibility and measure themselves in terms of the success of the product.
- Ben Horowitz
We take care of the people, the products, and the profits—in that order.” It’s a simple saying, but it’s deep. “Taking care of the people” is the most difficult of the three by far and if you don’t do it, the other two won’t matter. Taking care of the people means that your company is a good place to work.
- Ben Horowitz
You can learn from everybody.
- Sam Walton
Well… I graduated from the business school of Northumberland University in Newcastle.
- Alexei Mordashov
all information and interruptions that are irrelevant, unimportant, or unactionable.
- Timothy Ferriss
Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.
- Dale Carnegie
Capitalism works.
- Michael Bloomberg
When I hear a man say that his childhood was the happiest time of his life, I think (puff) my friend, you have had a pretty poor life.
- Winston Churchill
I never lie, so if somebody asked me a question, I told them.
- Michael Bloomberg
As one’s fortunes are reduced, one spirit must expand to fill the void.
- Winston Churchill
Results are gained by exploiting opportunities, not by solving problems.
- Peter Drucker
I want to promote poetry to the point where you got all the baldhead kids running around doing poetry, getting the music out of the way and having only words, the spoken word, and then see what happens.
- Russell Simmons
So Bush certainly wasn’t the greatest, and Obama has not done the job. And he’s created a lot of disincentive. He’s created a lot of great dissatisfaction. Regulations and regulatory is going through the roof. It’s almost impossible to get anything done in the country.
- Donald Trump
I never did anything worth doing entirely by accident…. Almost none of my inventions were derived in that manner. They were achieved by having trained myself to be analytical and to endure and tolerate hard work.
- Thomas Edison
I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
- Prince Al Waleed Bin Talal Alsaud
If my mother hadn’t been the most patient person in the world, I might never have gone to school.
- Ben Horowitz
We can make the world a better place, one butt at a time
- Sara Blakely
You have to be constantly reinventing yourself and investing in the future.
- Reid Hoffman
I intentionally abandoned the hard stuff early on because not only do I think it’s useless, I think it’s a distraction.
- Seth Godin
I cut the feet off of a pair of panty hose and it allowed me to wear a pair of great strappy sandals. I didn’t see lines but the hose rolled up at my feet – and that’s how Spanx born.
- Sara Blakely
I’m a strange mixture of my mother’s curiosity; my father, who grew up the son of the manse in a Presbyterian family, who had a tremendous sense of duty and responsibility; and my mother’s father, who was always in trouble with gambling debts.
- Rupert Murdoch
I remember clearly when the financial plan – If i may call it so – of my life was formed. It was out in Ohio, under the ministration of a dear old minister who preached, Get money; get it honestly, and then give it away wisely. I wrote that down in a little book.
- Ron Chernow
I believe that sex is one of the most beautiful, natural, wholesome things that money can buy.
- Steve Martin
When eagles are silent, parrots begin to chatter.
- Winston Churchill
Early must I rise. Leave now you must!
- Yoda
I flunked my exam for university two times before I was accepted by what was considered my city’s worst university, Hangzhou Teachers University. I was studying to be a high school English teacher. In my university, I was elected student chairman and later became chairman of the city’s Students Federation.
- Jack Ma
Small groups of people bound together by a sense of mission have changed the world for the better. The easiest explanation for this is negative: it’s hard to develop new things in big organizations, and it’s even harder to do it by yourself. Bureaucratic hierarchies move slowly, and entrenched interests shy away from risk. In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work (if this describes your company, you should quit now).
- Peter Thiel
SPAM is taking e-mail, which is a wonderful tool, and exploiting the idea that it’s very inexpensive to send mail.
- Bill Gates
This the real world, homie, school finished They done stole your dreams, you dunno who did it.
- Kanye West
My dad is like a cactus – introverted and tough. I’m a people person, like my mom, but I got my competitiveness from my dad. He came to this country from Belarus with nothing and built a real business. He’s my hero for giving me that need to run a business and for having enormous confidence in me.
- Gary Vaynerchuk
You must practically educate yourself, regardless of your accessibility to formal education.
- Abraham Lincoln
Strength does not come from physical capacity. It comes from an indomitable will.
- Mahatma Gandhi
We got so much better so quickly it was hard to believe. We totally stood Kmart off in those small towns of ours. Almost from the beginning, they weren’t very successful at taking our customers away in Jeff City and Poplar Bluff. Once Kmart arrived, we worked even harder at pleasing our customers, and they stayed loyal. This gave us a great surge of confidence in ourselves. But at that time our sales were 5 percent of Kmart’s. (through competition) Wal-Mart has lowered the gross margin in retailing from around 35 percent in the early 60s to only 22 percent today.
- Sam Walton
Today, and I’m very strongly against tax increases.
- Donald Trump
In some ways, running a successful business is a bit like coaching a football team. The fundamentals of football are blocking and tackling. The fundamentals of a business are it’s governing policies andprocesses. To carry out the metaphor, touchdowns are profits. The best business idea in the world cannot survive bad execution. So when you sit down to develop your workflow, internal policies, and business structure, be merciless, probe for weaknesses and assume that the worst will happen. – Jack Nadel (Author&Entrepreneur)
- Jack Nadel
I enjoy the competition and the process of learning as we compete. The whole thing is just fascinating. I don’t know what I’ll do when I retire. When I go sailing, I look around … anyone want to race? I just love competing as opposed to just going out and watching the sunset.
- Larry Ellison
Policies are many, Principles are few, Policies will change, Principles never do.
- John C. Maxwell
All you can do is every day, try to solve a problem and make your company better. You can’t worry about it, you can’t panic when you look at the stock market’s decline. You get frozen like a deer in the headlights. All you can do is all you can do.
- Larry Ellison
Even if you don’t have the perfect idea to begin with, you can likely adapt.
- Victoria Ransom
The difference between great people and everyone else is that great people create their lives actively, while everyone else is created by their lives, passively waiting to see where life takes them next. The difference between the two is the difference between living fully and just existing.
- Michael Gerber
China and India will, separately and together, unleash an explosion of demand.
- Mukesh Ambani
Many entrepreneurs focus only on short-term growth. They have an excuse: growth is easy to measure, but durability isn’t.
- Peter Thiel
We must hang together or we will hang together.
- Benjamin Franklin
mean that you can’t do anything else but pray. But it does mean that you are always ready and willing to go before God with any concern or praise. Nothing is too small or too big for prayer. Prayer is simply opening your heart and connecting with God. It’s taking His promises and applying them to your life. Prayer processes the plan of God. You should bathe your life in prayer. Pray for wisdom, peace, and patience. Pray for your relationships, your job, and your children. Pray for your country and leaders. Pray with others, knowing that when two or more are gathered in His name, He is there.
- Joel Olsteen
The foundation stones for a balanced success are honesty, character, integrity, faith, love and loyalty.
- Zig Ziglar
If you don’t have a voice that forces you back to basics, you’re a dangerous person. Or to put it another way: You’re at risk, and the people with you are at risk. I’m not a daredevil. I don’t fly without a safety net.
- Stephen Wynn
We’re all working together, that’s the secret.
- Sam Walton
In terms of mathematics textbooks, why can’t you have the scale of a national market? Right now, we have a Texas textbook that’s different from a California textbook that’s different from a Massachusetts textbook. That’s very expensive.
- Bill Gates
I think if you’re an entrepreneur, you’ve got to dream big and then dream bigger.
- Howard Schultz
In view of the good progress made in respect of negotiations relating to Mainland China’s entry to the World Trade Organisation and the boost in local economic activities deriving from the emergence of the new economy, a great number of technology-related and international institutions have established and expanded their businesses in Hong Kong, bringing about substantial increases both in rentals as well as capital values for prime office properties and luxury residential properties.
- Lee Shau Kee
Two men looked out from prison bars, One saw the mud, the other saw the stars.
- Dale Carnegie
Run your business in harmony with God’s laws.
- David Green
Jesus was saying that you can’t have a larger life with restricted attitudes.
- Joel Olsteen
The order for the seats amounted to $90,000. Who do you suppose got the order—James Adamson or one of his competitors? From the time of this story until Mr. Eastman’s death.
- Dale Carnegie
I agree with people like Richard Dawkins that mankind felt the need for creation myths. Before we really began to understand disease and the weather and things like that, we sought false explanations for them. Now science has filled in some of the realm – not all – that religion used to fill.
- Bill Gates
The investor of today does not profit from yesterday’s growth.
- Warren Buffett
A person’s success in life can usually be measured by the number of uncomfortable conversations he or she is willing to have.
- Timothy Ferriss
When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one which has opened for us.
- Alexander Graham Bell
A friendship founded on business is a good deal better than a business founded on friendship.
- John D. Rockefeller
We can say with certainty – or 90% probability – that the new industries that are about to be born will have nothing to do with information.
- Peter Drucker
Do or do not. There is no try.
- Yoda
For many people, extended reading sessions on an LCD display cause eyestrain.
- Jeff Bezos
An open society is a society which allows its members the greatest possible degree of freedom in pursuing their interests compatible with the interests of others.
- George Soros
We intend to focus all our attentions in the coming years on three core growth forces. These are: 1. The massive expansion of our considerable software expertise. After all, in our eyes, software is the “new wheel” of mankind and our industry. Processes with regard to mobility are becoming increasingly complex and more strongly interconnected. These processes need to be controlled and managed reliably, requiring ever greater amounts of software. In the future, practically nothing will move without software. 2. In the fields of technology relevant for us, we want to be regarded as a pioneering and leading technology partner – especially by our customers. 3. Finally, and above all, with our pioneering corporate culture we want to be the preferred employer for people who want to fully develop and expand their skills and abilities with us and make rapid progress.” “Continental has had a good start into 2015, thus confirming our expectations for the entire year.
- Elmar Degenhart
We are beginning to see the benefits of global consolidation.
- Lakshmi Mittal
