Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? Because it meant that management didn't have this money out at work ... Now look. Presto! A new fashion! Cash is back in! Denigrating liquidity has dropped quicker than hemlines. A management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. Along with Ben Franklin, my father and your father would understand and applaud this new economic fashion.
Malcolm ForbesCrime in the city streets is more than a political issue. It's a too rampant fact.... In Indianapolis they have come up with a most sensible, affordable approach to the problem. Policemen are assigned their police patrol cars for personal use after hours. They are encouraged to use the police car while taking the family shopping, to the movies, and everywhere one takes one's family. As a result, says the Police Chief's assistant, we may have as many as 400 cars on the street instead of 100 or so per shift. [And] the presence of the police car obviously indicates the proximity of policemen.
Malcolm ForbesSome of the biggest bores I've ever known are men who have been highly successful in business, particularly self-made heads of big companies. Before the first olive has settled into the first martini, they pour the stories of their lives into the nearest and sometimes the remotest ears capturable.... These men have indeed paid the price of success. To rise to the top of a big company often takes a totality of effort, concentration and dedication. Others, too, have to pay part of the price. Wife and children are out of mind even when in sight.
Malcolm Forbes