Quotes About Business

A corporation, essentially, is a pile of money to which a number of persons have sold their moral allegiance.

Today it is not big business that we have to fear. It is big government.

People in the industry kept telling me intimate and unsolicited details about their sex lives. I realized that pornography was as much an attitude or lifestyle as it was a business. The line between private and public was sometimes blurred to the point of being erased.

whenever I do a signing or a talk, people are really curious about the business and the whole creative process.

Biznis ou se tankou yon pye mango. Moun ki renmen mango yo te absan lèw tap konstwi pye mango pou l ka pwodui mango men moun ki renmen mango yo toujou prezan pou yo manje tout mango yo. Biznis ou se tankou yon pye mango.

Su negocio es como un árbol de mango. Los amantes del mango estaban ausentes cuando estabas luchando para construir el árbol de mango para que pudiera producir mangos, pero los amantes del mango siempre están presentes para comer todos los mangos. Su negocio es como un árbol de mango.

Votre entreprise est comme un manguier. Les amateurs de mangues étaient absents lorsque vous luttiez pour construire le manguier afin qu'il puisse produire des mangues, mais les amateurs de mangues sont toujours présents pour manger toutes les mangues. Votre entreprise est comme un manguier.

Your business is like a mango tree. Mango lovers were absent when you were struggling to build the mango tree so that it could produce mangoes but mango lovers are always present to eat all the mangoes. Your business is like a mango tree.

No profit was too small to despise; no loss was too small to abhor.

For us, sons of France, political sentiment is a passion while, for the Englishmen, politics are a question of business.

Companies with pronounceable names do better than others for the first week after the stock is issued

All too often a company afflicted by sunk costs drives into the blizzard, throwing good money after bad rather than accepting the humiliation of closing the account of a costly failure.

skill in evaluating the business prospects of a firm is not sufficient for successful stock trading, where the key question is whether the information about the firm is already incorporated in the price of its stock. Traders apparently lack the skill to answer this crucial question, but they appear to be ignorant of their ignorance.

the illusion of valid prediction remains intact, a fact that is exploited by people whose business is prediction—not only financial experts but pundits in business and politics, too.

Indeed, we pay people quite well to provide interesting explanations of regression effects. A business commentator who correctly announces that "the business did better this year because it had done poorly last year" is likely to have a short tenure on the air.

SPEAKING OF COGNITIVE EASE "Let's not dismiss their business plan just because the font makes it hard to read." "We must be inclined to believe it because it has been repeated so often, but let's think it through again." "Familiarity breeds liking. This is a mere exposure effect." "I'm in a very good mood today, and my System 2 is weaker than usual. I should be extra careful.

The thought of accepting the large sure loss is too painful, and the hope of complete relief too enticing, to make the sensible decision that it is time to cut one's losses. This is where businesses that are losing ground to a superior technology waste their remaining assets in futile attempts to catch up. Because defeat is so difficult to accept, the losing side in wars often fights long past the point at which the victory of the other side is certain, and only a matter of time.

CEOs do influence performance, but the effects are much smaller than a reading of the business press suggests.

It is difficult to imagine people lining up at airport bookstores to buy a book that enthusiastically describes the practices of business leaders who, on average, do somewhat better than chance. Consumers have a hunger for a clear message about the determinants of success and failure in business, and they need stories that offer a sense of understanding, however illusory.

Leaders of large businesses sometimes make huge bets in expensive mergers and acquisitions, acting on the mistaken belief that they can manage the assets of another company better than its current owners do.

In this view, people often (but not always) take on risky projects because they are overly optimistic about the odds they face. I will return to this idea several times in this book—it probably contributes to an explanation of why people litigate, why they start wars, and why they open small businesses.

Consumers have a hunger for a clear message about the determinants of success and failure in business, and they need stories that offer a sense of understanding, however illusory.

The business professional also must value his employees as well, for they are his most valuable asset. He must attend to their welfare.

Give your due diligence to understanding business or you will have no place in it.