“Business chief executive officers and their boards succumb to the pressures of the financial markets and their fears of takeovers and pour out their energies to produce quarterly earnings - at the expense of building their companies for the long term.” LongEnergyTermCompanyProduceBuildingPressureFinancialChiefsBoardsLong TermExecutivesExpensesOfficersEarningFinancial MarketsTakeoversChief Executives Author:J. Irwin Miller
“People invest in companies in order to get a share of the profit that company will make. If the Government increases its share of the profits, potential profits, at the expense of the owners of the company, the shareholders, then that makes investment in that company less attractive.” PeopleIfsGovernmentOrderCompanyShareIncreaseInvestmentProfitAttractiveOwnersExpensesShareholders Author:Malcolm Turnbull
“Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.” CompanyReturnExpensesEquityCompoundsLenders Author:Bill Gross
“When white Americans frankly peel back the layers of our commingled pasts, we are all marked by it. Whether a company or an individual, we are marred either by our connections to the specific crimes and injuries of our fathers and their fathers. Or we are tainted by the failures of our fathers to fulfill our national credos when their courage was most needed. We are formed in molds twisted by the gifts we received at the expense of others. It is not our “fault.” But it is undeniably our inheritance.” PastFatherIndividualWhiteCompanyCrimeNeededConnectionsFaultsInjuryExpensesLayersInheritanceTwistedOur FatherMoldTaintedCredo Book:Slavery by Another Name: The Re-Enslavement of Black Americans from the Civil War to World War II Source: Slavery by Another Name: The Re-Enslavement of Black Americans from the Civil War to World War II
“Too many companies these days can't tell the difference between good profits and bad.... By now you're probably wondering how in heaven's name profit, that holy grail of the business enterprise, can ever be bad. Short of outright fraud, isn't one dollar of earnings as good as another? Certainly, accountants can't tell the difference between good and bad profits. They all look the same on an income statement. While bad profits don't show up on the books, they are easy to recognize. They're profits earned at the expense of customer relationships.” LooksBookShowsNamesHeavenEasyDifferencesCompanyWonderHolyDollarsProfitCustomersIncomeStatementsThese DaysEnterpriseExpensesFraudEarningGood And BadAccountantsHoly GrailCustomer Relationship Author:Fred Reichheld