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I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies.
Peter LynchThere is more interest in what is occurring in technology companies that impact news. Such companies don't have the same sense of transparency about what they do. They have a tradition of secrecy about products, mores and decision-making that goes along with Silicon Valley and intellectual property and technology. You cannot step onto the grounds of Google without signing a Non-Disclosure Agreement. That industrial secrecy mentality exists along with a theoretical sensibility about transparency on the Web, which is different than transparency inside companies that profit from the Web.
Tom RosenstielOne of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.
David EinhornIn almost any change there is 20 - 60 - 20. 20% are doing the change and we need to stay out of their way. 20% will never get there (a large percent still go into banks to see tellers vs. ATMs). 60% are in the middle. I think you will always find some companies where the head of HR is not a member of senior management team (bottom 20% and some companies where she or he has always been (top 20%).
Dave UlrichMore and more major industries are being run on software and delivered as online servicesโfrom movies to agriculture to national defense. Many of the winners are Silicon Valley-style entrepreneurial technology companies that are invading and overturning established industry structures. Over the next 10 years, I expect many more industries to be disrupted by software, with new world-beating Silicon Valley companies doing the disruption in more cases than not.
Marc AndreessenTech stocks were the cubic zirconium of the market. They looked good and were sexy, but they just were a way for the company selling them to make money. That's always going to be transient in terms of the stock market. What's real is that companies have to compete. Technology used well is a great tool to enable that if only because most companies dont use technologies well.
Mark CubanSome years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company. And there was no more damned reason for all these oil companies to buy fertilizer companies, but they didn't know exactly what to do, and if Exxon was doing it, it was good enough for Mobil and vice versa.
Charlie MungerSelf-dealing, essentially, occurs when managers run companies to line their own pockets instead of those of the companies' owners. It's been a perennial problem in American capitalism and became a real dilemma when America moved toward a model in which corporations would be run by professional managers who had only small ownership stakes.
James SurowieckiOnce you say you're going to have to tax them coming in, and our politicians never do this, because they have special interests and the special interests want those companies to leave, because in many cases, they own the companies. So what I'm saying is, we can stop them from leaving. We have to stop them from leaving.
Donald TrumpCompanies that do not actively practice, study, and plan for crisis communications - as well, of course, crisis management - are doomed to fail when a crisis befalls them. Crises are, in a word, inevitable, and those macho companies that think, "it can't happen here," or if it does, "I can handle it," will suffer the hardest failures.
Steven FinkToday, companies have to radically revolutionize themselves every few years just to stay relevant. That's because technology and the Internet have transformed the business landscape forever. The fast-paced digital age has accelerated the need for companies to become agile.
Nolan BushnellWe're going to stand with working people. We're going to take on the billionaire class. We're going the take on the drug companies and the insurance companies. We're going the take on Wall Street. That's where I think the future of the Democratic Party lies.
Bernie SandersIn all fairness to the auction companies ? most companies are not car experts, they are marketers. I caution buyers to make sure that they have done their homework before they raise their hand and not after.
Mark Hyman, M.D.The engineering is long gone in most PC companies. In the consumer electronics companies, they don't understand the software parts of it. And so you really can't make the products that you can make at Apple anywhere else right now. Apple's the only company that has everything under one roof.
Steve JobsWe have to do a much better job at keeping our jobs. And we have to do a much better job at giving companies incentives to build new companies or to expand, because they're not doing it.
Donald TrumpOne of the principal impediments to job creation is uncertainty on the part of American companies, large and small. We've all watched as companies have sat on a lot of capital. They're uncertain about what tax policy is going to be. They're clearly uncertain about how health care costs. They're uncertain about all the regulations on capital markets.
Tom J. DonohueIn China, if they open the markets, it will force local companies to compete with international players, and the local companies will benefit in the long run.
Stan ShihThe most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever.
Sam AltmanMBA programs are underwritten by large companies and they succeed at producing future employees of large companies. In that regard, they are doing exactly what they are supposed to be doing.
Lewis SchiffThe not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.
James LileksI was working as hard as a human being could work. That tempo hasn't changed. I just have more diversity and more companies, and now I've got 33 companies so my dance card is full. Four kids and three grandkids, but I love that passionate lifestyle. I love constantly growing, I love seeing and feeling that you can have an impact. And gradually it went from just coaching to actually running businesses because I've had experiences that were life changing.
Tony RobbinsWake up, America. The insurance companies took over health care. Wake up, America. The pharmaceutical companies took over drug pricing. Wake up, America. The speculators took over Wall Street. Wake up, America. They want to take your Social Security. Wake up, America. Multinational corporations took over our trade policies, factories are closing, good paying jobs lost. Wake up, America. We went into Iraq for oil.
Dennis KucinichBig companies are looking closer term, and even the most technological companies spend less than 1% of sales on research. Startups have suffered the burst bubble.
Nicholas NegroponteOne of the weaknesses of Indian industry is that in many areas.. like consumer goods.. it is very fragmented. Individually, the companies might not be able to survive. What is needed is a consortium of like companies in one industry, presenting a strong front to the multinationals. The Swiss watch industry did this.
Ratan TataAs far as Paris goes, we don't know for sure yet how these guys communicate among themselves and how they communicated back to the ISIS leadership in Iraq and Syria, but I'm fairly confident we're going to learn they used these encrypted communication applications that have commercial encryption and are extremely difficult for companies to break - and which the companies have made the decision not to produce a key for.
Michael MorellWe can't change the fossil fuel companies' behavior in isolation from the rest of the industrial system. As long as they have customers, they're going to continue to operate, whether or not we divest of their stock. However, divesting might be helpful in terms of disrupting the story that what these companies do is perfectly okay. This situation differs from apartheid in a key regard though: racial equality in South Africa was no threat whatsoever to capitalism as we know it. Ending the fossil fuel era is a much deeper change.
Charles EisensteinThere are basically no companies that have good slow decisions. There are only companies that have good fast decisions.
Larry PageChallenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies remain competitive.
Virginia FoxxRecord companies are not necessarily interested in you realizing your artistic dream. The bottom line is that they got to sell records.
Mos DefToo many companies want their brands to reflect some idealised, perfected image of themselves. As a consequence, their brands acquire no texture, no character and no public trust.
Richard BransonI am not against the pharmaceutical companies. I love them. That's not the issue. The issue is, in some cases, when they do these clinical trials, they control the data. They analyze the data. In some cases, they even write the article. And that leads to at least the perception, if not the reality, that there's a conflict of interest.
Catherine D. DeAngelisThe majority of companies on this planet are publicly driven engines. They're always the last ones to change. They're not only the biggest polluters, but they're the biggest providers of services for the consumer. Government itself is one of the biggest polluters on the planet. The U.S. military pollutes the planet more than most other entities.
Horst RechelbacherCompanies that support sports developmental programs in our communities should also be applauded.
Mary Lou RettonCompanies that only focus on expense reduction are all but dead as they will find themselves sooner or later unable to reduce anymore.
Grant CardoneWe're getting companies to invest in Canada, to expand their workforces, to do more R&D. I think people are looking at Canada and realizing we're a place that is building for the long term and where the world's going to be.
Justin TrudeauWhen the New York Times revealed the warrantless surveillance of voice calls, in December 2005, the telephone companies got nervous.
Barton GellmanThis is a very practical discussion about the fact that one of the largest coal companies in the world, Adani, wants to build one of the, develop one of the largest coal mines in Australia in this region of Australia. And if they get the green light to do that, that will secure the economic future of people in Rockhampton, and people in central Queensland. It will secure their jobs in the future, and that's what they're concerned about.
George BrandisIBM has had a long partnership with Siebel, JD Edwards and Peoplesoft, so from a partner perspective, this is a good move by both sides. This agreement reflects the reality of what customers expect for their investment, support and openness. Oracle really needed to do this for Websphere, but it opens up tremendous opportunities for both companies.
Stephen GrahamYou can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.
Shia LaBeoufThe question, then, for Western companies, as much as for Western governments, is to decide whose side they are on: the Chinese officials who like to define their culture in a paternalistic, authoritarian way, or the large number of Chinese who have their own ideas about freedom.
Ian BurumaDuring the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
Bernie SandersAnd these [pharmaceutical] companies are still threatening to sue. And it's like, you know, do you not have a conscience? Do you not want the world to be a better place? You're still making a profit. How much more of a profit do you want to make?
Elton JohnGrowth is kinda built into everyone's genes. It's built into management's genes, the salesman's genes, the investors' desires. People expect companies to grow.
Andy GroveMost of the men and women who vote in Congress each year to continue subsidies have taken campaign donations from big energy companies.
Bill McKibbenAuthors and publishers want fair compensation and a means of protecting content through digital rights management. Vendors and technology companies want new markets for e-book reading devices and other hardware. End-users most of all want a wide range and generous amount of high-quality content for free or at reasonable costs. Like end-users, libraries want quality, quantity, economy, and variety as well as flexible business models.
Tom PetersOver the last few decades, I've grown more skeptical about a few things in which I used to have more faith. I believe as much in the necessity of, and the possibility of, revolution as I ever did. At the same time, I've grown more skeptical about poetry's role in it or art's contribution to it, and I've grown more skeptical about the university. Universities are big companies, and they're disciplinary in the way that any big institution is. I've found that the political militancy that the professoriate has mostly been fairly repressive of what I take to be necessary politics.
Joshua Clover