“Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.” IfsThinkingGivingUsedAnswersCompanyStreetsSubjectsFiguresTaughtWallSittingLogicHorseFinancialDebateTeethGreekPeculiarInvestorsMuse Book:One Up On Wall Street: How To Use What You Already Know To Make Money In Source: One Up On Wall Street: How To Use What You Already Know To Make Money In
“When you're designing and inventing the way I did, every minute of your life is put - every neuron in your brain into trying to think about the little code and how you can maybe have one less line of code and a little bit more straightforward from the beginning to the answer. And you don't have time to think about companies and products and how would I build this. So Steve Jobs and I were a very necessary pair.” ThinkingWayTryingLittlesJobsLife IsBitsLinesAnswersBrainCompanyMinutesDesignProductsLittle BitCodePairsStraightforwardInventingTime To ThinkNeurons Author:Steve Wozniak
“No leader can possibly have all the answers . . . .The actual solutions about how best to meet the challenges of the moment have to be made by the people closest to the action. . . .The leader has to find the way to empower those frontline people, to challenge them, to provide them with the resources they need, and then to hold them accountable. As they struggle with . . . this challenge, the leader becomes their coach, teacher, and facilitator. Change how you define leadership, and you change how you run a company.” PeopleWayNeedsMadeMomentsRunningActionChallengesLeadershipAnswersCompanyLeaderStruggleTeacherSolutionsResourcesCoachesEmpoweringClosestEncouragingFrontline Author:Steve Miller
“There is a mortifying experience in particular, which does not fail to wreak itself also in the general history; I mean "the foolish face of praise," the forced smile which we put on in company where we do not feel at ease, in answer to conversation which does not interest us. The muscles, not spontaneously moved but moved, by a low usurping wilfulness, grow tight about the outline of the face, with the most disagreeable sensation.” FeelsMeanDoeFacesGrowsInterestAnswersCompanyFailingParticularConversationLowsPraiseMovedFoolishEaseMusclesSensationsOutlinesDisagreeable Book:The Prose Works of Ralph Waldo Emerson Source: The Prose Works of Ralph Waldo Emerson
“If there's a big problem and you've got the right people with you, usually the answer emerges and you do what's the obvious thing to do. I don't think of myself as some great manager or great leader. I've been very lucky to be in the positions that I've been in. I meet a lot of people and I've grown a lot of companies, and I meet a lot of CEOs at big enterprises. I'm always so surprised at how much they seem to know. It doesn't always seem to be correlated to how well they actually do.” PeopleIfsThinkingKnowsWellsProblemBigsSeemsAnswersBusinessCompanyLeaderPositionLuckyObviousManagersThings To DoGreat MenEnterpriseCeoGreat LeaderBig ProblemsObvious ThingsGreat Managers Author:Larry Brilliant
“I have told our senior executives that I will slaughter holy cows if it benefits the company's long-term success. When we asked ourselves whether Formula 1 still matched the concept of a sustainable company, the clear answer was no.” IfsLongStillsTermAnswersCompanyClearHolyBenefitsConceptsLong TermExecutivesFormulasCowsSeniorSlaughterMatchedFormula 1Long Term Success Author:Norbert Reithofer
“If I taught a class, on my final exam I would take an Internet company and ask, 'How much is this company worth?' Anyone who would answer, I would flunk.” IfsAsksAnswersCompanyClassTaughtInternetFinalsExamFinal Exams Author:Warren Buffett