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Business Quotes

“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind--no matter how ultimately profitable or otherwise successful some of them might prove to be--there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”

NeedsKindIdeasSometimesMatterUseMightGrowsBusinessCitiesEconomySuccessfulImpossibleStreetsBuildingProveErrorsTrialsConstructionNew IdeasProfitableVigorousExperimentationOverheadOld IdeasOld Buildings
Author:Jane Jacobs
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“Today, National Geographic has a membership side with a magazine and some television side, and they generate about a billion dollars in revenue, and they're profitable. And so at the end of the year they have some bottom line profit which they can then reinvest, because they're running it as a not-for-profit in charitable endeavors.”

YearsEndsRunningTodaySidesLinesBusinessTelevisionDollarsBottomProfitBillionsMagazinesEndeavorRevenueBottom LineProfitableCharitableMembershipNational Geographic
Author:Steve Case
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“I won't close down a business of subnormal profitability merely to add a fraction of a point to our corporate returns. I also feel it inappropriate for even an exceptionally profitable company to fund an operation once it appears to have unending losses in prospect. Adam Smith would disagree with my first proposition and Karl Marx would disagree with my second; the middle ground is the only position that leaves me comfortable.”

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Author:Warren Buffett
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“Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

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Author:Warren Buffett
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“Risk comes from not knowing what you're doing.”

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Author:Warren Buffett
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“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks.”

ShouldEnergyBusinessProductivityBoatProductiveFinding YourselfTime ManagementDevotedVesselProfitableBuffetsLeaksTime And EnergyInvesting MoneyWarren BuffetInvestment SuccessProductive WorkInvesting Your TimeMarket Risk
Book:Warren Buffett on Business: Principles from the Sage of Omaha
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