Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.

Yet there is nothing more dangerous than to be premature in exploiting a change in perception.

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

The key to greatness is to look for people's potential and spend time developing it.

The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.

It is better to pick the wrong priority than none at all.

Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."