To make a ton of steel on and half tons of iron stone has to be mined, transported by rail a hundred miles to the Lakes, carried by boat hundreds of miles, transferred to cars, transported by rail 150 miles to Pittsburgh; one and a half tons of coal must be mined and manufactured into coke and carried 50 (odd) miles by rail; and one ton of limestone mined and carried 150 miles to Pittsburgh. How then could steel be manufactured and sold without loss at 3 pounds for 2 cents. This, I confess seemed to me incredible, and little less than miraculous, but it was so.
- Andrew Carnegie
Notable Quotables
Madness is however an affliction which in war carries with it the advantage of SURPRISE.
- Winston Churchill
No one has any idea what’s next… the uncertainty of the business climate in America is frightening, frightening to everybody, and it’s delaying the recovery.
- Stephen Wynn
Listen, son: I am saying this as you lie asleep, one little paw crumpled under your cheek and the blond curls stickily wet on your damp forehead. I have stolen into your room alone. Just a few minutes ago, as I sat reading my paper in the library, a stifling wave of remorse swept over me. Guiltily I came to your bedside. There are the things I was thinking, son: I had been cross to you. I scolded you as you were dressing for school because you gave your face merely a dab with a towel. I took you to task for not cleaning your shoes. I called out angrily when you threw some of your things on the floor. At breakfast I found fault, too. You spilled things. You gulped down your food. You put your elbows on the table. You spread butter too thick on your bread. And as you started off to play and I made for my train, you turned and waved a hand and called, ‘Goodbye, Daddy!’ and I frowned, and said in reply, ‘Hold your shoulders back!’ Then it began all over again in the late afternoon. As I came up the road I spied you, down on your knees, playing marbles. There were holes in your stockings. I humiliated you before your boyfriends by marching you ahead of me to the house. Stockings were expensive – and if you had to buy them you would be more careful! Imagine that, son, from a father! Do you remember, later, when I was reading in the library, how you came in timidly, with a sort of hurt look in your eyes? When I glanced up over my paper, impatient at the interruption, you hesitated at the door. ‘What is it you want?’ I snapped. You said nothing, but ran across in one tempestuous plunge, and threw your arms around my neck and kissed me, and your small arms tightened with an affection that God had set blooming in your heart and which even neglect could not wither. And then you were gone, pattering up the stairs. Well, son, it was shortly afterwards that my paper slipped from my hands and a terrible sickening fear came over me. What has habit been doing to me? The habit of finding fault, of reprimanding – this was my reward to you for being a boy. It was not that I did not love you; it was that I expected too much of youth. I was measuring you by the yardstick of my own years. And there was so much that was good and fine and true in your character. The little heart of you was as big as the dawn itself over the wide hills. This was shown by your spontaneous impulse to rush in and kiss me good night. Nothing else matters tonight, son. I have come to your bedside in the darkness, and I have knelt there, ashamed! It is a feeble atonement; I know you would not understand these things if I told them to you during your waking hours. But tomorrow I will be a real daddy! I will chum with you, and suffer when you suffer, and laugh when you laugh. I will bite my tongue when impatient words come. I will keep saying as if it were a ritual: ‘He is nothing but a boy – a little boy!’ I am afraid I have visualized you as a man. Yet as I see you now, son, crumpled and weary in your cot, I see that you are still a baby. Yesterday you were in your mother’s arms, your head on her shoulder. I have asked too much, too much. Instead of condemning people, let’s try to understand them. Let’s try to figure out why they do what they do. That’s a lot more profitable and intriguing than criticism; and it breeds sympathy, tolerance and kindness. ‘To know all is to forgive all.
- Dale Carnegie
The Gates Foundation has learned that two questions can predict how much kids learn: ‘Does your teacher use class time well?’ and, ‘When you’re confused, does your teacher help you get straightened out?
- Bill Gates
I don’t have any opinions about Russians. There are celebrity persons in each country. Different people do different things.
- Alexei Mordashov
Harnessing steam power required many innovations, as William Rosen chronicles in the book ‘The Most Powerful Idea in the World.
- Bill Gates
The future of the world’s film industry is in China because we have 1.3 billion people.
- Wang Jianlin
I think we are living in a time where the consumer has lots of choices, whether it’s coffee, newspapers or whatever it is. And there is parity in the market place, and as a result of that, the consumer is beginning to make decisions, not just on what things cost and the convenience of it.
- Howard Schultz
The better at communicating you are, and the more people you communicate to, the better your cash flow will be.
- Robert Kiyosaki
Never, never, never believe any war will be smooth and easy, or that anyone who embarks on the strange voyage can measure the tides and hurricanes he will encounter. The statesman who yields to war fever must realize that once the signal is given, he is no longer the master of policy but the slave of unforeseeable and uncontrollable events.
- Winston Churchill
I have no interest in gender or race or anything like that. But everyone else is kind of, with their calculating – is this the exact right mix? I think that’s – to me it’s anti-comedy. It’s more about PC-nonsense.
- Jerry Seinfeld
We’ve got to put a lot of money into changing behavior.
- Bill Gates
Uber is “way more” evil than Google, the most ethically challenged company in Silicon Valley.
- Peter Thiel
Every sale has five basic obstacles: no need, no money, no hurry, no desire, no trust.
- Zig Ziglar
Greatness is not a function of circumstance. Greatness, it turns out, is largely a matter of conscious choice, and discipline.
- James C. Collins
Luck plays a role in business but whether you succeed or fail depends on many other factors. I haven’t really had a failure.
- Lui Che Woo
My tastes are simple: I am easily satisfied with the best.
- Winston Churchill
On behalf of the employees of Cisco, we send our deepest sympathy and condolences to all of those affected by Hurricane Katrina and its aftermath, … This has been a crushing blow to the residents of the Gulf Coast and we stand by them, ready to help.
- John Chambers
Backed by our conviction, we remain committed to investing wholeheartedly to improve the people’s living conditions, regardless of all uncertainties.
- Cheng Yu-tung
I am a better investor because I am a businessman, and a better businessman because I am an investor.
- Warren Buffett
If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.
- John D. Rockefeller
Funny is the world I live in. You’re funny, I’m interested. You’re not funny, I’m not interested.
- Jerry Seinfeld
When you do things the right way, you have nothing to lose because you have nothing to fear.
- Zig Ziglar
Boeing just took $20 billion and 10 years to improve the efficiency of their planes by 10 percent. That’s pretty lame. I have a design in mind for a vertical liftoff supersonic jet that would be a really big improvement.
- Elon Musk
Over time, yes, countries will need to look at specific GMO products like they look at drugs today, where they don’t approve them all. They look hard at the safety and the testing. And they make sure that the benefits far outweigh any of the downsides.
- Bill Gates
Unless commitment is made, there are only promises and hopes… but no plans.
- Peter Drucker
Do not wait: the time will never be ‘just right’. Start where you stand, and work whatever tools you may have at your command and better tools will be found as you go along.
- Napoleon Hill
If there is any one secret of success,’ said Henry Ford, ‘it lies in the ability to get the other person’s point of view and see things from that person’s angle as well as from your own.
- Dale Carnegie
Once the habit is ingrained and you become the starter, the center of the circle, you will find more and more things to notice, to instigate, and to initiate. Momentum builds and you get better at generating it. If you go to bed at night knowing that people are expecting you to initiate things all day the next day, you’ll wake up with a list. And as you create a culture of people who are always seeking to connect and improve and poke, the bar gets raised. What might be considered a board-level decision at one of your competitors’ companies gets done as a matter of course. What might be reserved for a manager’s intervention gets handled at the customer level, saving you time and money (and generating customer joy). This incredibly prosaic idea, the very simple act of initiating, is actually profoundly transformative. Forward motion is a defensible business asset.
- Seth Godin
Passion is energy. Feel the power that comes from focusing on what excites you.
- Oprah Winfrey
Simple works, complex fails.
- Timothy Ferriss
Fortunately for India, it has got a growing economy. If it is doing the right things with taxation and focusing on the right areas for human development, it is going to have no problem, over a period of time, taking care of its own needs.
- Bill Gates
Do you know why the nose of the bull dog is sloped backwards? So it can keep on breathing without ever letting go.
- Winston Churchill
The economy of Hong Kong was considerably stable in 2000. However, as the global economy experienced a slowdown since the beginning of 2001, the confidence of local home purchasers remained low notwithstanding that Hong Kong followed the footsteps of the United States of America in announcing consecutive reductions of interest rates as well as a series of measures implemented by the Government to stabilise local property prices.
- Lee Shau Kee
I’m in two modes when I’m on Lanai: In engineering mode, I’m trying to find the right place for the reservoir and the desalination plant, and looking at designs for new hotel rooms. The rest of the time, I’m in decompression mode. I’m on Hulopoe Beach, going for a swim, or on my paddleboard surrounded by 100 spinner dolphins.
- Larry Ellison
What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed.
- Dave Thomas
Finding security in mediocrity is an exhausting process. You can work only so many hours, fret only so much. Being a slightly better typist or a slightly faster coder is insufficient. You’re always looking over your shoulder, always trying to be a little less mediocre than the guy next to you. It wears you out.
- Seth Godin
I am always ready to learn although I do not always like being taught.
- Winston Churchill
DOS is ugly and interferes with users’ experience.
- Bill Gates
The first question which the priest and the Levite asked was: ‘If I stop to help this man, what will happen to me?’ But… the good Samaritan reversed the question: ‘If I do not stop to help this man, what will happen to him?’
- Martin Luther King Jr.
You must make a decision that you are going to move on. It wont happen automatically. You will have to rise up and say, ‘I don’t care how hard this is, I don’t care how disappointed I am, I’m not going to let this get the best of me. I’m moving on with my life.
- Joel Olsteen
The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don’t have to work hard.
- Jack Welch
All successful people ‘think on paper.’
- Brian Tracy
No one learns as much about a subject as one who is forced to teach it.
- Peter Drucker
It occurs to me, Jim, that you spend too much time trying to be interesting. Why don’t you invest more time being interested?
- James C. Collins
The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium.
- George Soros
You have to get all agreements in writing.
- Jack Nadel
As technology continues to virtualize money, brick ‘n mortar banks have become as superfluous as traditional bookstores.
- Reid Hoffman
Culture manages when management is not there.
- Joe Jordan
Encouragement is the fuel on which hope runs.
- Zig Ziglar
The internet was supposed to homogenize everyone by connecting us all. Instead what it’s allowed is silos of interest.
- Seth Godin
If you go out looking for friends, you’re going to find they are very scarce. If you go out to be a friend, you’ll find them everywhere.
- Zig Ziglar
Hong Kong has remained a strong financial centre. It has a solid business environment and geographically, it is well located, being next to China. During this time, there is no city that can match it.
- Lee Shau Kee
Concentrate all your thoughts upon the work at hand. The sun’s rays do not burn until brought to a focus.
- Alexander Graham Bell
Don’t take anyone for granted.
- Jack Dorsey
Most good ideas are already out there, and to learn about them, all you have to do is ask the right people.
- David Novak
For any Silicon Valley company, the most important thing is the company. And any great founders need to get out of the way of the company. We presented a spark with an idea.
- Jack Dorsey
When you look at a company that’s already succeeded or is at the very top of its game, it isn’t necessarily when it’s executing well. It tends to be peacetime – you’ve defeated the competition, you have the highest margins, the highest multiple.
- Ben Horowitz
I have a list of the hardest, most challenging problems that our company needs to solve and I start at the top and work my way down. And I have a list of the coolest most fascinating things that we can invent and I start at the top of the list and I work my way down.
- Travis Kalanick
To make an embarrassing admission, I like video games. That’s what got me into software engineering when I was a kid. I wanted to make money so I could buy a better computer to play better video games – nothing like saving the world.
- Elon Musk
If You Have A Lemon, Make A Lemonade That is what a great educator does. But the fool does the exact opposite. If he finds that life has handed him a lemon, he gives up and says: I’m beaten. It is fate. I haven’t got a chance. Then he proceeds to rail against the world and indulge in an orgy of selfpity. But when the wise man is handed a lemon, he says: What lesson can I learn from this misfortune? How can I improve my situation? How can I turn this lemon into a lemonade?
- Dale Carnegie
There’s no mystery in business success. If you do each day’s task successfully and stay faithfully within these natural operations of commercial laws which I talk so much about and keep your head clear, you will come out all right.
- John D. Rockefeller
The choice to be excellent begins with aligning your thoughts and words with the intention to require more from yourself.
- Oprah Winfrey
Success is dependent upon the glands – sweat glands.
- Zig Ziglar
If you want to reap financial blessings, you have to sow financially.
- Joel Olsteen
I’ve been fascinated with technology since I was a boy banging around on my father’s adding machine. Back then I’d type in an equation, the device made some cool noises, and out came my answer. I was hooked.
- Michael Dell
It took 23 years from Abraxane being conceived to us showing now with conclusiveness that it works in pancreatic cancer. We cannot afford as a society to wait another 23 years to make sure that the patients get the right care, at the right time, at the right place.
- Patrick Soon-Shiong
Failing to prepare is preparing to fail.
- John Wooden
To succeed consistently, good managers need to be skilled not just in choosing, training, and motivating the right people for the right job, but in choosing, building, and preparing the right organization for the job as well.
- Clayton M. Christensen
1. Limit tasks to the important to shorten work time (80/20).2. Shorten work time to limit tasks to the important (Parkinson’s Law).
- Timothy Ferriss
You can take pride in yourself without comparing yourself to anybody else. If you run your race and be the best that you can be, then you can feel good about yourself.
- Joel Olsteen
There are two ways to extend a business. Take inventory of what you’re good at and extend out from your skills. Or determine what your customers need and work backward, even if it requires learning new skills. Kindle is an example of working backward.
- Jeff Bezos
I don’t think there’s a… boundary between digital media and print media. Every magazine is doing an online version.
- Bill Gates
Speak up for those who cannot speak up for themselves.
- Proverbs 31:8
When the tech geeks talk, I pay close attention.
- Gary Vaynerchuk
Everyone has the potential, but it isn’t accomplished overnight. It requires perseverance.
- John Maxwell
Vision without execution is just hallucination.
- Henry Ford
The dream in your heart may be bigger than the environment in which you find yourself.
- Joel Olsteen
The U.S. has done a great job improving productivity. We’re making a lot more steel in Dearborn with fewer people. The unions have accepted much better work rules.
- Alexei Mordashov
The person who knows one thing and does it better than anyone else, even if it only be the art of raising lentils, receives the crown he merits. If he raises all his energy to that end, he is a benefactor of mankind and its rewarded as such.
- Og Mandino
We all need people who will give us feedback. That’s how we improve.
- Bill Gates
It’s fine to celebrate success but it is more important to heed the lessons of failure.
- Bill Gates
Sometimes put the idea away…
- Jack Dorsey
I’ve learned that mistakes can often be as good a teacher as success.
- Jack Welch
You can’t win an argument. You can’t because if you lose it, you lose it; and if you win it, you lose it.
- Dale Carnegie
When you acknowledge God, He will go before you and make the crooked places straight.
- Joel Olsteen
I could either watch it happen or be a part of it.
- Elon Musk
I felt that it’s best just to be as transparent as possible.
- Rupert Murdoch
Twenty years and $40 billion. They seem like good round numbers.
- Michael Dell
As you and I march across the decades of time, we are going to meet a lot of unpleasant situations that are so. They cannot be otherwise. We have our choice. We can either accept them as inevitable and adjust ourselves to them, or we can ruin our lives with rebellion and maybe end up with a nervous breakdown.
- Dale Carnegie
Be fearful when others are greedy. Be greedy when others are fearful.
- Warren Buffett
Once you hit the critical mass, you can’t push it much further. Otherwise the meaning gets fuzzy and confused, and before long, the brand is on the way out.
- Phil Knight
A lot of hacking is playing with other people, you know, getting them to do strange things.
- Steve Wozniak
Let us work together to take Hong Kong to new heights.
- Cheng Yu-tung
As companies move to web-based computing they get a lot more servers, which are difficult to manage and control. All kinds of problems can arise – security, quality and worms.
- Ben Horowitz
There was absolutely no consistency to the experience.
- Michael Gerber
A plan is always successful if the plan is good.
- Zig Ziglar
Well, Howard Stern has been doing his impression of me for years. It doesn’t really bother me.
- Jerry Seinfeld
Thee may be some concern about rising inflation, shortage of labour and increased trade protectionism but the economy is generally in good shape.
- Cheng Yu-tung





