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The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion read more
The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way read more
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way and they'll knock your socks off.
Honor sinks where commerce long prevails.
Honor sinks where commerce long prevails.
A bad forgery's the ultimate insult.
A bad forgery's the ultimate insult.
Every company's greatest assets are its customers, because without customers there is no company.
Every company's greatest assets are its customers, because without customers there is no company.
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance read more
It is surprising, in the welter of questions that one gets at (AGMs), how few actually relate to the performance of the company, or the decisions taken by the board in particular areas.
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements read more
Perhaps the most widespread misunderstanding of economics is that it applies solely to financial transactions. Frequently this leads to statements that "there are noneconomic values" to consider. There are, of course, noneconomic values. Indeed, there are only noneconomic values. Economics is not a value itself but merely a method of trading off one value against another.
As a manager the important thing is not what happens when you are there, but what happens when you are read more
As a manager the important thing is not what happens when you are there, but what happens when you are not there.
Concentrate your strengths against your competitor's relative weaknesses.
Concentrate your strengths against your competitor's relative weaknesses.
