For those that have fixed exchange-rate regimes, you will need a greater amount of foreign reserves. That’s the case in Belize, it’s the case in the Eastern Caribbean zone and it’s also the case in Barbados. In those cases, the level of reserve coverage is one of credit weakness. Where you have a bit more flexibility in the exchange rate ? for instance, Jamaica ? you would require a smaller amount of international reserves.
- John Chambers
Notable Quotables
The onset of global financial turmoil in the second half of 2008 and the resultant wait-and-see attitude adopted by some homebuyers put the property market into the doldrums, with a general decline in both transaction volume and transacted prices.
- Lee Shau Kee
You will never reach your destination if you stop and throw stones at every dog that barks.
- Winston Churchill
Some very poor countries run great vaccination systems, and some richer ones run terrible programs.
- Bill Gates
Don’t be afraid of enemies who attack you. Be afraid of the friends who flatter you.
- Dale Carnegie
If you can deny your talents, if you can conceal them from others or, even better, persuade yourself that they weren’t even given to you, you’re off the hook. And being off the hook is a key element of the industrialized school’s promise. It lets parents off the hook, certainly, since the institution takes over the teaching. It lets teachers off the hook, since the curriculum is preordained and the results are tested. And it lets students off the hook, because the road is clearly marked and the map is handed to everyone. If you stay on the path, do your college applications through the guidance office and your job hunting at the placement office, the future is not your fault. That’s the refrain we hear often from frustrated job seekers, frustrated workers with stuck careers, and frustrated students in too much debt. ‘I did what they told me to do and now I’m stuck and it’s not my fault.’ What they’ve exchanged for that deniability is their dreams, their chance for greatness. To go off the path is to claim responsibility for what happens next.
- Seth Godin
People ask me what’s the most important function when you’re starting an organization or setting up the kind of culture and values that are going to endure. The discipline I believe so strongly in is H.R., and its the last discipline that gets funded.
- Howard Schultz
I shopped for body shapers for the first time in my life and I was horrified. They were thick – it was like wearing workout clothes and they all had a leg band on one side that showed through the pants.
- Sara Blakely
Our schools are not teaching students to think. It is astonishing how many young people have difficulty in putting their brains definitely and systematically to work….
- Thomas Edison
It sounds awful, but a crisis rarely ends without blood on the floor. That’s not easy or pleasant. But sadly, it is often necessary so the company can move forward again.
- Jack Welch
I usually have my yellow legal pad with me, with a list of ten or fifteen things we need to be working on as a company. My list drives the executives around here crazy, but it’s probably one of my more important contributions.
- Sam Walton
Anyone with a Purpose Can Make a Difference.
- Zig Ziglar
All of us, in a sense, struggle continuously all the time, because we never get what we want. The important thing which I’ve really learned is how do you not give up, because you never succeed in the first attempt.
- Mukesh Ambani
I like the word ‘autopilot’ more than I like the word ‘self-driving.’ ‘Self-driving’ sounds like it’s going to do something you don’t want it to do. ‘Autopilot’ is a good thing to have in planes, and we should have it in cars.
- Elon Musk
A little more moderation would be good. Of course, my life hasn’t exactly been one of moderation.
- Donald Trump
War will find us whether we are ready or not.
- Winston Churchill
The clothes you wear influence you; thereby they form a part of your environment. Soiled or shabby clothes depress you and lower your self-confidence, while clean, modest and refined clothes give you a sort of inner feeling of courage that causes you to quicken your step as you walk
- Napoleon Hill
Ninety percent of the cases of polio are in security-vulnerable areas.
- Bill Gates
The tool that’s most associated with the recent progress against malaria is the long-lasting bed net. Bed nets are a fantastic innovation. But we can do even better. We can invent new ways to control the mosquitoes that carry the malaria parasite.
- Bill Gates
We shall not flag nor fail. We shall go on to the end. We shall fight in France and on the seas and oceans; we shall fight with growing confidence and growing strength in the air. We shall defend our island whatever the cost may be; we shall fight on beaches, landing grounds, in fields, in streets and on the hills. We shall never surrender and even if, which I do not for the moment believe, this island or a large part of it were subjugated and starving, then our empire beyond the seas, armed and guarded by the British Fleet, will carry on the struggle until in God’s good time the New World with all its power and might, sets forth to the liberation and rescue of the Old.
- Winston Churchill
My belief and goal is that every professional in the world should be on a service liked LinkedIn.
- Reid Hoffman
Don’t talk to me about naval tradition. It’s nothing but rum, sodomy, and the lash.
- Winston Churchill
We’re running the company to serve more people.
- Mark Zuckerberg
The road to comfort is crowded and it rarely gets you there. Ironically, it’s those who seek out discomfort that are able to make a difference and find their footing.
- Seth Godin
We will rebuild, renew and remain the capital of the free world.
- Michael Bloomberg
The biggest part of my job now is to quickly develop successors, and around the world I am working to develop new business leaders in the company.
- Tadashi Yanai
The two most important requirements for major success are: first, being in the right place at the right time, and second, doing something about it.
- Ray Kroc
One ought never to turn one’s back on a threatened danger and try to run away from it. If you do that, you will double the danger. But if you meet it promptly and without flinching, you will reduce the danger by half. Never run away from anything. Never!
- Winston Churchill
People often say motivation doesn’t last. Neither does bathing—that’s why we recommend it daily.
- Zig Ziglar
Many people die at twenty five and aren’t buried until they are seventy five.
- Benjamin Franklin
Monopoly is the condition of every successful business.
- Peter Thiel
I enjoy the hunt much more than the ‘good life’ after the victory.
- Carl Icahn
Change is the law of life. And those who look only to the past or present are certain to miss the future.
- John F. Kennedy
I am never going to have anything more to do with politics or politicians. When this war is over I shall confine myself entirely to writing and painting.
- Winston Churchill
God doesn’t look at how much we do, but with how much love we do it.
- Mother Teresa
The only reason, for example, that you are not a rattlesnake is that your mother and father weren’t rattlesnakes. You deserve very little credit for being what you are.
- Dale Carnegie
I feel a lot of people listen to what I have to say.
- Donald Trump
Starting a company is a very tough thing. There’s a friend of mine, Bill Lee, whose phrase is ‘starting a company is like staring into the abyss and eating glass.’ So you should certainly expect that it’s going to be very hard. It’s going to be harder than getting a job somewhere by a pretty good margin and the odds of you losing the money that you invested or your friends invested is pretty high. I mean, those are just the basic facts. So if you don’t mind things being really hard and high risk, then starting a company is a good idea. Otherwise, it’s probably unwise. It will certainly stress you out. So I think you have to be pretty driven to make it happen. Otherwise, you will just make yourself miserable.
- Elon Musk
The Arab League tells us to go in and take out Qaddafi. We’ve spent billions of dollars already with respect to the Arab League. Billions of dollars, because they told us to do it. Why aren’t they paying for it? They don’t like Qaddafi, Qaddafi’s been a terrible thorn in their side.
- Donald Trump
Creating value is not enough—you also need to capture some of the value you create.
- Peter Thiel
I am proud of the fact that I never invented weapons to kill.
- Thomas Edison
The Group will continue to press ahead steadily with an open mindset, a practical attitude, a broad vision and a unique insight, adhering to its ultimate objective of serving the nation and the wider community in the changing landscape.
- Cheng Yu-tung
As to methods there may be a million and then some, but principles are few. The man who grasps principles can successfully select his own methods. The man who tries methods, ignoring principles, is sure to have trouble.
- Ralph Waldo Emerson
No effort has been spared in ensuring the best designs for all our projects.
- Lee Shau Kee
Even if you don’t have the perfect idea to begin with, you can likely adapt.
- Victoria Ransom
My advice for an entrepreneur just starting out is to differentiate yourself. Why are you different? What’s important about you? Why does the customer need you?
- Sara Blakely
There’s no single company in the whole world that has a big-scale production base and at the same time has screening and distribution channels. Wanda Group is the first one in the world.
- Wang Jianlin
A person convinced against their will Is of the same opinion still.
- Dale Carnegie
I never took classic business classes in college, so I don’t have the background that any of the people running large companies have.
- Howard Schultz
Nature is what we know. We do not know the gods of religions. And nature is not kind, or merciful, or loving. If God made me — the fabled God of the three qualities of which I spoke: mercy, kindness, love — He also made the fish I catch and eat. And where do His mercy, kindness, and love for that fish come in? No; nature made us — nature did it all — not the gods of the religions.
- Thomas Edison
E – Executions, how to get things done
- Jack Welch
I still feel there are much smarter self-promoters out there than me. I am very methodical about my messaging, and I know how to gain attention very quickly.
- Timothy Ferriss
You must find something that you deeply love and are passionate about and are willing to sacrifice a lot to achieve.
- Howard Schultz
If you run a corporation, your job is to maximize the return on investment for your investors. Good for you. But by the same token, we have to remember that corporations have no compassion. That’s why legislation and regulations are necessary.
- Russell Simmons
The government used to be able to coordinate complex solutions to problems like atomic weaponry and lunar exploration. But today, after 40 years of indefinite creep, the government mainly just provides insurance; our solutions to big problems are Medicare, Social Security, and a dizzying array of other transfer payment programs. It’s no surprise that entitlement spending has eclipsed discretionary spending every year since 1975. To increase discretionary spending we’d need definite plans to solve specific problems. But according to the indefinite logic of entitlement spending, we can make things better just by sending out more checks.
- Peter Thiel
A well spent day brings happy sleep.
- Leonardo da Vinci
Exceptionally hard decisions can deplete your energy to the point at which you finally cave in. If you mentally crumble and degenerate into negative thinking, you’ll magnify the problem to the point where it can haunt you.
- John C. Maxwell
A leader is a dealer in hope.
- Napoleon Bonaparte
You only have to do a very few things right in your life so long as you don’t do too many things wrong.
- Warren Buffett
One thing I’ve always loved about the culture at Microsoft is there is nobody who is tougher on us, in terms of what we need to learn and do better, than the people in the company itself. You can walk down these halls, and they’ll tell you, ‘We need to do usability better, push this or that frontier.
- Bill Gates
I’ve learned that people will seldom let you down if they understand that your destiny is in their hands, and vice versa.
- Harvey Mackay
Worry is interest paid before it’s due.
- Zig Ziglar
We have an ideal location for a couple of organic wineries on the island. But the reintroduction of commercial agriculture to Lanai is 100% dependent upon increasing the available water on the island. So we’re going to use solar energy to convert seawater to fresh water.
- Larry Ellison
As an immigrant, I chose to live in America because it is one of the freest and most vibrant nations in the world. And as an immigrant, I feel an obligation to speak up for immigration policies that will keep America the most economically robust, creative and freedom-loving nation in the world.
- Rupert Murdoch
Life’s a journey. It’s a journey about discovering limits.
- Larry Ellison
The man who does more than he is paid for will soon be paid for more than he does.
- Napoleon Hill
A goal properly set is halfway reached.
- Zig Ziglar
My first company, Pure Software, was exciting and innovative in the first few years and bureaucratic and painful in the last few before it got acquired. The problem was we tried to systemize everything and set up perfect procedures.
- Reed Hastings
Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work.
- Aliko Dangote
We are in turbulent times.
- Lee Shau Kee
I try to look on all the great things God’s done, and not focus on the negative. It’s a perspective.
- Joel Olsteen
When there is no job related stress, you are more aware of your mate and children, if you are a parent.
- Zig Ziglar
Three out of four of us who are self-employed consider ourselves to be entrepreneurs. Most of the others are self-employed professionals, such as doctors and accountants.
- Thomas J Stanley
Put all excuses aside and remember this: YOU are capable.
- Zig Ziglar
There have only been about a half dozen genuinely important events in the four-billion-year saga of life on Earth: single-celled life, multicelled life, differentiation into plants and animals, movement of animals from water to land, and the advent of mammals and consciousness.
- Elon Musk
Small businesses don’t exist without the nucleus.
- Bryan Smith
The response to the Starbucks brand has been phenomenal in our international markets.
- Howard Schultz
tends to rivet our attention on the Icarus companies.
- James C. Collins
Try to maximize the number of people that can benefit from an individual contribution.
- Lee Shau Kee
The very important thing you should have is patience.
- Jack Ma
In Silicon Valley, when you’re a private company, the entrepreneur can do no wrong.
- Ben Horowitz
Life is a series of experiences, each one of which makes us bigger, even though sometimes it is hard to realize this. For the world was built to develop character, and we must learn that the setbacks and grieves which we endure help us in our marching onward.
- Henry Ford
What is closest to my heart is our education program.
- Henry Sy
They are, therefore, not overly impressed by speed in decision-making. Rather they consider virtuosity in manipulating a great many variables a symptom of sloppy thinking. They want to know what the decision is all about and what the underlying realities are which it has to satisfy. They want impact rather than technique, they want to be sound rather than clever.
- Peter Drucker
New World Group believes that the desire to change and surmount the status quo will be the key to advancement and progression.
- Cheng Yu-tung
Did you know that nearly one in three children live apart from their biological dads? Those kids are two to three times more likely to grow up in poverty, to suffer in school, and to have health and behavioral problems.
- Tony Dungy
And here is the prime condition of success, the great secret. Concentrate your energy, thoughts and capital exclusively upon the business in which you are engaged in. Having begun in one line, resolve to fight it out on that line; to lead in it. Adopt every improvement, have the best machinery and know the most about it.
- Andrew Carnegie
Why is this mediocre? We love to point out how broken our systems are. We enjoy getting angry at hotels or government agencies or airlines that are so obviously doing a poor job. Idiots! But we almost never look at merely mediocre products and wonder why they aren’t great. Mediocre services or products do what they’re supposed to, but have set the bar so low that it’s hardly worth the energy to cross the street to buy them. A resolute generic sameness pervades this mediocrity. Why isn’t every restaurant meal a fabulous buy for the money? Why isn’t every tax dollar spent with the intensity and focus it could be spent with? It seems as though we are willing to accept mediocre as long as the product, the service, or the organization isn’t totally broken.
- Seth Godin
Do not let what you cannot do interfere with what you can do.
- John Wooden
Insulation prevents you from making the change and finding the understanding you set out to achieve in the first place.
- Seth Godin
As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.
- Ben Horowitz
Educators take something simple and make it complicated. Communicators take something complicated and make it simple.
- John C. Maxwell
Fear is the Fatal killer of Desire.
- Zig Ziglar
He has all the virtues I dislike and none of the vices I admire.
- Winston Churchill
The first complaint we hear from everyone is: ‘Why would I want to join this stupid useless thing and know what my brother’s eating for lunch?’ But that really misses the point because Twitter is fundamentally recipient-controlled – you choose to listen and you choose to leave. But you also choose what to put down and what to share.
- Jack Dorsey
Already know you that which you need.
- Yoda
What most people know but don’t realize they know is that the world is almost entirely solar-powered already. If the sun wasn’t there, we’d be a frozen ice ball at three degrees Kelvin, and the sun powers the entire system of precipitation. The whole ecosystem is solar-powered.
- Elon Musk
We are not trying to entertain the critics. I’ll take my chances with the public.
- Walt Disney
The legendary French aviation pioneer and author Antoine de Saint-Exupéry wrote: I have no right to say or do anything that diminishes a man in his own eyes. What matters is not what I think of him, but what he thinks of himself. Hurting a man in his dignity is a crime.
- Dale Carnegie
Let’s test the Shakespearean model in the real world. Imagine a production called Gates and Schmidt, based on Romeo and Juliet. Montague is Microsoft. Capulet is Google. Two great families, run by alpha nerds, sure to clash on account of their sameness.
- Peter Thiel
