Quotes About Overpay

CEOs will gladly overpay for a company if the acquisition enables them to keep their jobs.

If you have the opportunity to have the best of the artist, then if you overpay, it doesn't matter. Eventually, the market will reward you. If it raises the value of our collection, we go for it.

A company big enough to acquire startups will be big enough to be fairly conservative, and within the company the people in charge of acquisitions will be among the more conservative, because they are likely to be business school types who joined the company late. They would rather overpay for a safe choice.

If you have a great strategy but overpay for a company, someone else's shareholders will see the benefits of your strategy, not yours.

Doing ventures is great - I'm talking economics now - if you've got a rising market. It's wonderful. If I hadn't got HKT, I would have been just as happy. Because there's a price for everything. And to overpay for something is awful.

We overpay for the opportunity to indulge our current preferences because we overestimate their stability.