Quotes About Managers

I had found so far at Honeywell that executives and managers often made presentations far longer than necessary, overwhelming audience members with facts, figures, and commentary in an effort to preempt sharp, critical questioning.

The sixth secret is that, as Charles Darwin tried to explain, survival of the fittest is not determined by competitive strength, but rather by social desirability. There's more money than certified talent in the world of investing, so outstanding investment managers have many choices because so many investors want to be their clients.

investment success requires sticking with positions made uncomfortable by their variance with popular opinion. Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell mania-induced excess and buy despair-driven value.

Awareness of the breadth and seriousness of agency issues constitutes the first line of defense for fund managers. By evaluating each participant involved in investment activities with a skeptical attitude, fiduciaries increase the likelihood of avoiding or mitigating the most serious principal-agent conflicts.

The harsh reality of the negative-sum game dictates that, in aggregate, active managers lose to the market by the amount it costs to play in the form of management fees, trading commissions, and dealer spread. Wall Street's share of the pie defines the amount of performance drag experienced by the would-be market beaters.

Casual commitments invite casual reversal, exposing portfolio managers to the damaging whipsaw of buying high and selling low. Only with the confidence created by a strong decision-making process can investors sell mania-induced excess and buy despair-driven value.

The aggregate of the compensation paid to mutual-fund managers virtually guarantees that investors fail to achieve market-beating results.

Chapter 8, Obvious Sources of Mutual-Fund Failure, concludes that, in the highly efficient securities markets, mutual-fund managers lose by the amount that it costs to play the game.

What has changed in the meantime? Managers have become keenly aware that value alone does you little good unless you can communicate it successfully. That means that customers understand and appreciate what they are buying. Remember, the only fundamental driver of willingness to pay is the perceived value in the eyes of the customer.

Vampires are sleek demons for good times. They suavely leech off society - like investment bankers who plunder outsize shares of deals for themselves or rapacious fund managers.

Managerial discretion can take many forms, some very subtle. Individual managers may run slack operations; they may pursue subgoals that are at variance with corporate purposes; they can engage in self-dealing.

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.

Venture capitalists are professional money managers. We are provided capital to invest as long as we can return it to our investors with a strong return in a reasonable amount of time. A strong return is three times cash on cash. A reasonable amount of time is ten years max.

Florentyna sent a directive to all managers in the Group that the finest suite in each hotel was no longer to be the Presidential Suite but was to be renamed the George Novak Suite.

I've never encountered homophobia in casting from the studios or networks - not once, not ever. Where you encounter it is with the agents and the managers, they're the ones who have an outdated notion of the price an actor might pay if it's discovered that they're LGBTQ.

All managers have a different playing style and football philosophy. What's important for players is being able adapt to those different styles.

People talk about managers having certain styles and philosophies... well, Benitez manages by conflict. Look right through his career and you will see it everywhere.

'Ruined' was a play which was somewhat of an anomaly in that I did not take a commission until it was finished because I really wanted to explore the subject matter unencumbered. Otherwise, I felt as though I'd have the voice of dramaturges and literary managers saying, 'This is great, but we'll never be able to produce it.'

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.

I think the people who've been the most overconfident in our business in the last decade have been the people that called themselves risk managers.

All artists have runners, people that tell them what to do, business managers, lawyers, these - if they get the right ones, they're lucky, and if they get the wrong ones, they're unlucky.

Actors are trusting souls, and we must go by gut-level instinct, even after our agents and business managers weigh all the odds.

The image-managers encourage the individual to fashion himself into a smooth coin, negotiable in any market.

True, the number of functional managers should always be kept at a minimum, and there should be the largest possible number of 'general' managers who manage an integrated business and are directly responsible for its performance and results. Even with the utmost application of this principle the great bulk of managers will remain in functional jobs, however. This is particularly true of the younger people. A