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

There is no resting place for an enterprise in a competitive economy.

I see no reason why 1931 should not be an extremely good year.

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

[Could] motor cars could be produced [in a country like Germany] and sold in competition in the American market . . . .In my opinion it is impossible to reach the conclusion that competition from without can ever be any factor whatsoever?

The final act of business judgment is intuitive.

Advanced engineering always, like advanced everything else, brings down upon it the discredit of ridicule of minds who cannot see so far.