“The big success stories - Facebook, Zynga and Twitter - are leading to investing in ideas on a napkin, because no one wants to miss out on the next big thing.” WantIdeasStoriesBigsNextMissingInvestingBig ThingsSuccess StoriesNapkins Author:Eric Lefkofsky
“I have no use whatsoever for projections or forecasts. They create an illusion of apparent precision. The more meticulous they are, the more concerned you should be. We never look at projections, but we care very much about, and look very deeply at, track records. If a company has a lousy track record, but a very bright future, we will miss the opportunity.” IfsShouldLooksUseCareOpportunityCompanyRecordsMissingIllusionConcernedInvestingTrackProjectionPrecisionVery DeepForecastsTrack RecordBright FutureMeticulous Author:Warren Buffett
“I think anyone who isn't investing in Nigeria is missing out. If you look at Nigeria today, literally all of the business class cabins are full of foreigners, because these guys see opportunity.” IfsThinkingLooksTodayGuyOpportunityClassMissingInvestingForeignersNigeriaCabinsMissing Out Author:Mo Abudu