Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for, or for that matter to accept temporary losses

If you do it right 51 percent of the time you will end up a hero.

If we are all in agreement on the decision - then I propose we postpone further discussion of this matter until our next meeting to give ourselves time to develop disagreement and perhaps gain some understanding of what the decision is all about.

Never inject a man into the top, if it can be avoided. In a big organization, to have to do that, I think, is a reflection on management, Of course there are always exceptional cases.

The final act of business judgment is intuitive.

Take my assets - but leave me my organization and in five years I'll have it all back.

The worst is over without a doubt.