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Quote by Malcolm Forbes

“Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? Because it meant that management didn't have this money out at work ... Now look. Presto! A new fashion! Cash is back in! Denigrating liquidity has dropped quicker than hemlines. A management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. Along with Ben Franklin, my father and your father would understand and applaud this new economic fashion.”

Quote by Malcolm Forbes

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Malcolm Forbes
Malcolm Forbes

Malcolm Forbes was an accomplished publisher, best known for his leadership of Forbes magazine, a globally renowned business and finance publication. Under his tenure, Forbes magazine was transformed into a global brand. more

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