Quotes About Strategy

living for five years on borrowed money.

They know that the 2-percent return must cover the cost of mailing to the 98 percent that do not reply.

The problem with "secure" investments is that they are often sanitized, that is, made so safe that the gains are less. Most

Heaven forbid a bean-counter takes over a business. All they do is look at the numbers, fire people, and kill the business.

Keteranpilan yang sebenarnya adalah mengelola dan mengganjar orang yang lebih pandai dari Anda dalam sejumlah bidang teknis. Iti sebabnya perusahaan mempunyai dewan direksi. Anda juga harus memilikinya. Itulah kecerdasan keuangan.

If you have any desire to be rich, you must focus. Do not do what poor and middle-class people do: put their few eggs in many baskets.

You get a tax break for going into greater debt.

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money. When everyone else is too afraid to act, they pull the trigger and are rewarded.

Put a lot of your eggs in a few baskets and FOCUS:

they held much of their wealth in real estate after they made it.

Because of their willingness to take risks wisely

he parked his wealth in real estate.

Robert asks his students how many of them can make a better hamburger than McDonald's. Most raise their hands. But the reason McDonald's is making millions and they aren't is because McDonald's is excellent at business systems.

More money will not solve the problem if cash-flow management is the problem.

The business owner or entrepreneur gets the big bucks at the end of the day because he or she must be the most generous at the start of the day.

When I ask the classes I teach, "How many of you can cook a better hamburger than McDonald's?" almost all the students raise their hands. I then ask, "So if most of you can cook a better hamburger, how come McDonald's makes more money than you?" The answer is obvious: McDonald's is excellent at business systems.

But a savvy investor knows that the seemingly worst of times is actually the best of times to make money.

They get the big reward simply because he or she builds a system or asset to serve more people.

Warren Buffett is saying that portfolio concentration, or focusing on a few investments rather than diversifying, is a better strategy.

I hold a small portion of my assets in tax-lien certificates instead of CDs. I earn 16 percent per year on my money

The answer is obvious: McDonald's is excellent at business systems. The reason so many talented people are poor is because they focus on building a better hamburger and know little to nothing about business systems.

Financial intelligence is a synergy of accounting, investing, marketing, and law.

he was constantly looking for investments to move his excess money into.

they could minimize their risk exposure by using options.