The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.

The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.

No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.

The aim of marketing is to make selling superfluous.

The better a man is, the more mistakes he will make, for the more new things he will try. I would never promote to a top-level job a man who was not making mistakes...otherwise he is sure to be mediocre.

Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.

The better a man is the more mistakes will he make – for the more new things he will try.