“Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.” RunningYoungWinningIndividualLosesChanceCompanyHigherPureToughSeekingWinnerFollyFundInvestorsSophisticatedTicketsVentureLotteryLottery Ticket Author:Steven Rattner
“A tough manager will have realistic quotas for his employees that he keeps to himself and aggressively stretch quotas, anywhere from ten percent higher to a lot more, which he imposes on his staff. If his people miss the stretch numbers but exceed the realistic goals, he's happy. If he's a superb manager, he knows how far they can stretch without breaking.” PeopleIfsKnowsGoalLeadershipNumbersKnow HowMissingHigherTenPercentToughManagersEmployeeRealisticStaffExceedSuperbQuotaRealistic Goals Book:The Creative Habit: Learn It and Use It for Life Source: The Creative Habit: Learn It and Use It for Life
“Taxes shouldn't be higher; they should be fairer. We must be a party that's disciplined. We must make tough choices.” ShouldChoicesPartyHigherTaxesToughTough Choices Author:Vince Cable
“JP Morgan always has higher capital liquidity, that is partially to make up for mistakes and problems and obviously its a tough economy. We support an oversight committee, we supported some of the compensation, new compensation rules, though we already follow most of them. We support a lot of it.” ProblemMistakeSupportEconomyHigherToughCommitteesCompensationOversightLiquidity Author:Jamie Dimon
“The higher mental activities are pretty tough and resilient, but it is a devastating experience if the drive does stop. Some people lose it in their forties and can only stop. In England they are a source of Vice-Chancellors.” PeopleIfsDoeLosesSourceHigherActivityToughEnglandVicesFortyResilient Book:Littlewood's Miscellany Source: Littlewood's Miscellany
“I think about never letting anybody get the ball in my zone, about being tough. If the ball is taken away from me, I'm the first one to take it back. You can rise to higher levels depending on your level of pride.” IfsThinkingFirstsLevelsTakenPrideHigherToughBallsZoneHigher Level Author:Shannon Higgins-Cirovski
“Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out of control, you end up with higher interest rates and capital flight, and a vicious circle quickly ensues.” IfsBelieveEndsJobsCoursesInterestHigherToughRateCirclesFlightDescriptionInvestorsViciousInflationBankersInterest RateVicious Circles Author:James Surowiecki
“When insolvent, pack minimally, with a valise tough enough to be thrown onto a London pavement from a first- or second-floor window. Insist on hotel rooms no higher.” FirstsEnoughRoomsHigherToughWindowLondonThrownHotelPacksHotel RoomsPavement Book:Cloud Atlas: A Novel Source: Cloud Atlas: A Novel
“Higher taxes is the road to ruin. We must and we will shrink our government, and that means making some tough choices, tightening our belts.” MeanGovernmentChoicesHigherTaxesToughRuinsBeltsShrinksTough Choices Author:Chris Christie