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“When a company is able to establish a dominant market position, consumers lose meaningful choices. You might not like that Facebook shares your political opinions with Politico, but are you really going to delete all the photos, all the posts, all the connections - the presence you’ve spent years establishing on the world’s dominant social network?”

“What really matters in a workplace, what helps an employer if you've got a unionised workforce is if your shop stewards know the rules of the game, if your safety reps are taught to be able to examine situations to make sure the workplace is more safety. Better informed delegates, better workplace safety saves companies money. Unions are very good at safety. We are good at teaching delegates how to resolve disputes.”

“No music. No rituals. At home I write in my office or on the laptop in the kitchen where our puppy likes to sleep, and I love his company. But I've trained myself to be able to work anywhere, and I write on trains, planes, in automobiles (if I'm not the driver), airports, hotel rooms. I travel often. If I couldn't write wherever I was I would get little done. I also can write in short bursts. Fifteen minutes are enough to move a story forward.”

“What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.”

“When in company with literary women, make no allusions to 'learned ladies,' or 'blue stockings,' or express surprise that they should have any knowledge of housewifery, or needle-work, or dress; or that they are able to talk on 'common things.' It is rude and foolish and shows that you really know nothing about them, either as a class or as individuals.”

“God who is goodness and truth is also beauty. It is this innate human and divine longing, found in the company of goodness and truth, that is able to recognize and leap up at beauty and rejoice and know that all is beautiful, that there is not one speck of beauty under the sun that does not mirror back the beauty of God.”

“Eventually private enterprise will be able to send people into orbit, but I suspect initially it's going to have to be with NASA's help. Whether it's going to be a consortium or one entity remains to be seen. I could be wrong. I could be one of the old fogies! Rocket science is tough, and rockets have a way of failing. It happens. A company has to be willing to bear the risk of its rocket failing. It's a very large capital investment.”

“I think Google's founders are both a couple of guys with some high ideals which have been to some degree reflected in the way the company has been run in terms of its having a very good workplace and good employee programs, and now that they're going public they want in some ways to be able to ensure that that kind of approach continues. So they've effectively put in place this notion of "Don't Be Evil".”

“One of the things that really gets me excited and makes me start up companies is the fact that you can basically build something new, try to introduce a change in a way that people are used to doing certain activities, and basically create something out of scratch that doesn't exist and would revolutionize whatever it is that you are trying to do with it. So that's part of the reason I love being able to be a technologist.”

“Being an entrepreneur I love to help people, and I think through the products that we develop in my company, we will be able to help a lot of people. Whether it's help them to get over the difficulties of a technology and use it. Or helping employees, creating new jobs, new opportunities for people that work in my company.”

“Preserve the core, and let the rest flux. In their wonderful bestseller Built to Last, authors James Collins and Jerry Porras make a convincing argument that long-lived companies are able to thrive 50 years or more by retaining a very small heart of unchanging values, and then stimulating progress in everything else. At times "everything" includes changing the business the company operates in, migrating, say, from mining to insurance. Outside the core of values, nothing should be exempt from flux. Nothing.”

“That a joint stock company should be able to carry on successfully any branch of foreign trade, when private adventurers can come into any sort of open and fair competition with them, seems contrary to all experience.”

“I think the leadership of a company should encourage the next generation not just to follow, but to overtake. The duty of leadership is to put forward ideas, symbols, metaphors of the way it should be done, so that the next generation can work out new and better ways of doing the job. The complaint Gordon and I have is that we are not being overtaken by our staff. We would like to be able to say, "We can't keep up with you guys", but, it is not happening.”

“A very high fraction of America's economic problems come not from our difficulties with education or globalization or competition with the Chinese or whatever. But they come from the fact that a small number of wealthy and powerful people who run dangerous and/or inefficient companies are able, through the use of money in the political process, to prevent the government from regulating them properly.”