“New things are continually being invented, but the inputs that produce the various outputs remain relatively constant throughout time. This is one reason why commodities are so special.”
Book:Business Essentials
Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
Work
Business Essentials
Browse quotes and source details for this work. more
Author
You May Also Like
“The steeper the ascent, the harder the path, the grander the view at journey’s end.”
Source: The Light in the Heart
“Margins matter. A business that doesn’t respect its margins will die in the margins.”
“Look at nature. The most urgent priority is the stewardship of capital”
“AI is going to allow civilization-scale capital stewardship on a whole nother level.”
Source: Medieval Cities: Their Origins and the Revival of Trade
Source: Principles of a Permaculture Economy
“Large scale investing is best done by professional investors, not hobbyists.”