Quotes About Strategy

One of the problems with posing a 'bold new plan' is that you can't just extrapolate from previous plans.

In the minor leagues, previous to 2008, I took a lot of pitches. I prided myself on on-base percentage. I made sure that I made the pitcher work.

What I earned in my previous years as an actor, I knew I had to invest smart to stay afloat. I was investing in a couple of businesses, some of them did decently well, some of them didn't.

I think that, in the end, the military behavior and intelligence services are not very different from each other. It's an attitude of hunters; they're observing the prey.

All I ask is that you not be naive about how the government works when it decides to go after its prey.

So if I get these actors for 30% of their price by coming in so late with an offer when they know they are not getting another offer then I do it this way.

Things that price at $4.99 sell very differently than things that price at $5.

Never make too good of a deal. It sounds a little counterintuitive, but the deals that are too good of a deal for you in the long run will end up hurting you. A lot of people in our business don't realize that. They think their job is to go in a room and negotiate the highest price.

Every time you drop the price by a factor of two, you roughly get a 10 times pickup of the number of people who will seriously consider buying it.

When I started at Bloomingdale's as a buyer, Alexander's was a discounter across the street, and every time Alexander's had something that we had at Bloomingdale's, we'd have to meet price. I didn't really want to be in a business where I had no control over my inventory, the value of my inventory.

I never wanted to compete on price in my history because on price, you don't always win.

In the Champions League, if you can win at home, the draw away is priceless.

Some managements do not even think of buybacks as an option. The idea of shrinking their equity base repels them. Their inclination instead is to get bigger, and this often leads them to pay rich prices for acquisitions that never earn their keep.

There are two ways to approach the market. You can guess which direction prices will go in next, or you can figure out what businesses and their securities are really worth.

TSG is competing with Middle East, East Asia and Europe in offering prices that are either lower or at par with these markets.

Businesses are going to innovate in how they bring prices down so people can shop the way they want.

Uber sees ride-sharing as a winner-takes-all war and subsequently is willing to offer below-market prices in a bid to crowd out the competition.

We are market based and have to differentiate our product in many ways; pricing isn't the only one.

There is more to the game than hitting it far. There are ways to make birdies other than hitting 350-yard drives. I pride myself on a good short game; I work very hard at it.

We're pretty good at putting bunts down and really good at hitting. I know as a pitcher, when you face a pitcher you know can hit, that's not fun. I think taking pride in that, and being able to hit helps your own cause.

Modi's masterstroke has always been to blur the battlelines and construct an artificial enemy one that plays into primal instincts of pride and insecurity.

In any business opportunity, you'd be looking, probably, primarily at the risk and return. Some business can be very risky with a low return; what you want is the lowest risk with the biggest return.

Throughout my Enterprise career, I have been primarily operationally focused.

Cleaning up that lack of the definition between the two, and then leaning on the four-seam, having it become my primary fastball over my two-seam, it's just benefited me as a whole.