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Business Quotes

“Having taught economics courses at private vocational schools and universities, I have always had a problem with GNP as a yardstick of prosperity. GNP is improved by increases in questionable activities such as consumption of cigarettes and the production of weapons. Moreover, a substantial increase in car accidents will favorably affect GNP because more funerals, hospital visits, car repairs, and new car purchases will result.”

“In Business School they taught us about cash flow, not about corporate politics; about return on equity, not about egos and pride. Oh, there were optional courses on 'Organizational Behavior' and 'Managerial Skills,' but these were a little too bloodless to convey what I learned on the job.”

Source: Powerplay: what really happened at Bendix

“Experience taught me a few things. One is to listen to your gut, no matter how good something sounds on paper. The second is that you're generally better off sticking with what you know. And the third is that sometimes your best investments are the ones you don't make.”

Source: Trump: The Art of the Deal

“Negro banks, as a rule, have failed because the people, taught that their own pioneers in business cannot function in this sphere, withdrew their deposits.”

People Business Taught Function Spheres Pioneers Deposits

Book:The Mis-Education of the Negro

Source: The Mis-Education of the Negro

“My father taught me to work; he did not teach me to love it.”

Love Motivational Father Business Teach Taught Dad Labor Civil War Fathers Day Being A Father Great Father Becoming A Father

Author:Abraham Lincoln

“Experience has taught me that advertisers get the best results when they pay their agency a flat fee. It is unrealistic to expect your agency to be impartial when its vested interest lies wholly in the direction of increasing your commissionable advertising.”

Lying Interest Results Business Pay Taught Advertising Agency Flats Fees Advertisers Vested Interests

Author:David Ogilvy

“To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.”

Source: Warren Buffett on Business: Principles from the Sage of Omaha