Quotes About Strategy

Bush's faith in the rightness of his strategy in the broader war is deep-seated. It is a product of faith.

The problem with long-term investing is the short term.

The point on Figure 6-8 that is most interesting is a portfolio representing 70 percent in the broad market and 30 percent in the small value index. Over a 30-year period, a mix of 70 percent in the total market and 30 percent in the small-cap value index would have increased U.S. equity returns by 2.0 percent with very little increase in observed portfolio risk. Figure

The lesson we learn from Tables 2-2 and 2-3 is that higher volatility of returns leads to lower compounded returns and vice versa. Accordingly, any strategy that lowers the return volatility of the portfolio without lowering the simple average return will increase the compounded return.

The Prussian General Karl von Clausewitz once said, "The greatest enemy of a good plan is the dream of a perfect plan.

The problem with long-term investing is the short term. Nothing destroys a good long-term plan like extreme short-term volatility. That throws people off track, and they often do things that are emotional rather than rational.

Asset allocation eliminates the need to predict the near-term future direction of the financial markets and eliminates the risk of being in the wrong market at the wrong time.

Many times Subotai fought against armies larger than his own, but he always maneuvered to insure that when the final blow was struck, he unfailingly achieved numerical superiority at the decisive point.

An army of donkeys led by a lion is more effective than an army of lions led by a donkey! â–  The primacy of politics in military affairs is absolute, and often works against military effectiveness.

The ability to conceptualize war plans and implement them on a grand scale is one of the most difficult skills for any officer to acquire. Most never acquire this ability, something that may explain why warfare has, over the long centuries of its practice, produced only a few truly great generals. Subotai became one of those generals.

Be cunning, and full of tricks, and your people will never be destroyed.

Every task has a mental component to it. A lot of what we call talent is when people stumble upon these strategies easily.

Thinking should always be an active process where you think in a way that gets you the results you want.

Thinking isn't a passive process unless you do it passively. Thinking should always be an active process where you think in a way that gets you the results you want.

When the Soviet foreign minister Vyacheslav Molotov visited Washington in 1942, he'd been invited to sleep at the White House. "I think," Roosevelt told Churchill in 1942 referring to Stalin, "that if I give him everything I can and ask him for nothing in return, noblesse oblige, he won't try to annex anything and will work with me for a world of democracy and peace." The American president clung to that illusion until his death in April 1945.

I never get the accountants in before I start up a business. It's done on gut feeling, especially if I can see that they are taking the mickey out of the consumer.

Well, I think that there's a very thin dividing line between success and failure. And I think if you start a business without financial backing, you're likely to go the wrong side of that dividing line.

I have always believed that the only way to cope with a cash crisis is not to contract but to try to expand out of it.

What we are trying to do at Virgin is not to have one enormous company in one sector under one banner, but to have two hundred or even three hundred separate companies. Each company can stand on its own feet and, in that way, although we've got a brand that links them, if we were to have another tragedy such as that of 11 September - which hurt the airline industry - it would not bring the whole group crashing down.

la cultura se come a la estrategia de un bocado".

relativamente nuevo en su trabajo, ya está dejando su huella y ha fijado un completo plan de dos años que le servirá de referencia a todo el mundo para medir su progreso y el de la compañía.

Lincoln was a master of small group theatrics.

There is an effective strategy open to architects. Whereas doctors deal with the interior organisms of man, architects deal with the exterior organisms of man. Architects might join with one another to carry on their work in laboratories as do doctors in anticipatory medicine.

your Parliament and your Constitution. America is an elephant. Cyprus is a flea. Greece is a flea. If those two fleas continue itching the elephant, they may just get whacked by the elephant's trunk, whacked good. President Lyndon Johnson to the Greek ambassador in Washington (1964)