Popular quotes about Profit! Wisdom and inspiration are here! | page 105
The successful producer of an article sells it for more than it cost him to make, and that's his profit. But the customer buys it only because it is worth more to him than he pays for it, and that's his profit. No one can long make a profit producing anything unless the customer makes a profit using it.
Samuel B. PettengillThere has grown up in the minds of certain groups in this country the notion that because a man or corporation has made a profit out of the public for a number of years, the government and the courts are charged with the duty of guaranteeing such profit in the future, even in the face of changing circumstances and contrary public interest. This strange doctrine is not supported by statute nor common law. Neither individuals nor corporations have any right to come into court and ask that the clock of history be stopped, or turned back...
Robert A. HeinleinThe biggest industrial sector next to real estate is oil, gas and other mineral resources. They don't report any taxable income, because if you depict yourself as earning a profit, you have to pay a tax on it. So, it's all about what accountants choose to declare as profit.
Michael HudsonYou can see it in terms of the obsession on Wall Street with not just profits but greed, more profit, more profit.
Cornel WestResearch is subordinated (not to a long-term social benefit) but to an immediate commercial profit. Currently, disease (not health) is one of the major sources of profit for the pharmaceutical industry, and the doctors are willing agents of those profits.
Pierre BosquetThe scientific world, the materialistic world, the world of commerce, the world of business, the world of individualism, the world of capitalism, world of communism - all these worlds are the old story now. Where we think we exploit nature, we exploit people. Market rules, profit rules, money rules. We work for name, fame, power, money, profit. That's the old story.
Satish KumarThe profit orientation is only one orientation of a person. The same people who are interested in profit-making are also selfless. I am not saying that capitalist theory is wrong. I am saying that it has not been interpreted and practiced fully.
Muhammad YunusTo become financially independent you must turn part of your income into capital; turn capital into enterprise; turn enterprise into profit; turn profit into investment; and turn investment into financial independence.
Jim RohnSurplus-value and the rate of surplus-value are... the invisible essence to be investigated, whereas the rate of profit and hence the form of surplus-value as profit are visible surface phenomena
Karl MarxOne of the proven ways of getting workers more involved with their jobs is by dovetailing employee profit-sharing and stock ownership plans with greater responsibility sharing... Trade unions in this country should... consider these arrangements much more carefully than they have up to now... Expanded employee profit participation and stock ownership would provide workers with a greater measure of economic and social independence, thus stimulating increased productivity.
Jacob K. JavitsWhen profit diminishes, merchants are very apt to complain that trade decays; though the diminution of profit is the natural effect of its prosperity, or of a greater stock being employed in it than before.
Adam SmithThey're going to clear cut your best thoughts for the sake of profit unless you learn to resist, because the profit system follows the path of least resistance and following the path of least resistance is what makes the river crooked!
Utah PhillipsPerhaps my number one rule is: Don't try to make a profit on a bad trade, just try to find the best place to get out.
Linda Bradford RaschkeJesus has many lovers of His kingdom of heaven, but he has few bearers of His Cross. Many desire His consolation, but few desire His tribulation. He finds many comrades in eating and drinking, but He finds few hands who will be with Him in His abstinence and fastingBut those who love Jesus purely for Himself, and not for their own profit or convenience, bless Him as heartily in temptation and tribulation and in all other adversities as they do in time of consolation. And if He never sent them consolation, they would still bless and praise Him.
Thomas a KempisThroughout the history of commercial life nobody has ever quite liked the commission man. His function is too vague, his presence always seems one too many, his profit looks too easy, and even when you admit that he has a necessary function, you feel that this function is, as it were, a personification of something that in an ethical society would not need to exist. If people could deal with one another honestly, they would not need agents.
Raymond ChandlerI can see now a vision emerging how Canada is going to profit in the future from our Arctic resources without destroying the environment on which it is all based.
Brian MulroneyI think that George Lucas' 'Star Wars' films are fantastic. What he's done, which I admire, is he has taken all the money and profit from those films and poured it into developing digital sound and surround sound, which we are using today.
Peter JacksonOne metric catches people. We prefer businesses that drown in cash. An example of a different business is construction equipment. You work hard all year and there is your profit sitting in the yard. We avoid businesses like that. We prefer those that can write us a check at the end of the year.
Charlie MungerA program whose basic thesis is, not that the system of free enterprise for profit has failed in this generation, but that it has not yet been tried!
Franklin D. RooseveltThe financial collapse of 2008 got its start with predatory mortgages, that werenโt sold by community banks and credit unions, they were sold by fly by night mortgage brokers who had almost zero federal oversight and then the big banks looked over, saw the profit potential and they wanted it bad. So they jumped in and sold millions of these terrible mortgages while the bank regulators just looked the other way.
Elizabeth WarrenI can't stand to see red in my profit-or-loss column. I'm Taurus the bull, so I react to red. If I see it, I sell my stocks quickly.
Barbra StreisandThere is no philosophy which is not founded upon knowledge of the phenomena, but to get any profit from this knowledge it is absolutely necessary to be a mathematician.
Daniel BernoulliWe can make market forces work better for the poor if we can develop a more creative capitalism-if we can stretch the reach of market forces so that more people can make a profit, or at least make a living, serving people who are suffering from the worst inequities. ... You have more than we had; you must start sooner, and carry on longer.
Bill GatesProfit is the sole criterion used by the establishment to evaluate economic activity. From the rat race to lame ducks. The vocabulary in vogue is a give-away. It's more reminiscent of a human menagerie than human society.
Jimmy ReidAt Patagonia, making a profit is not the goal because the Zen master would say profits happen 'when you do everything else right'.
Yvon ChouinardThe for-profit health insurance industry is the main obstacle to delivering high quality, universal healthcare for all. It should be replaced with a single-payer system, a public program that guarantees everyone coverage.
Kshama SawantA manager may be tough and practical, squeezing out, while the going is good, the last ounce of profit and dividend . . .
Robert MenziesThey say you never grow poor taking profits. No, you don't. But neither do you grow rich taking a four-point profit in a bull market. Where I should have made twenty thousand dollars I made two thousand. That was what conservatism did for me.
Jesse Lauriston LivermoreThe essence of a successful business is really quite simple. It is your ability to offer a product or service that people will pay for at a price sufficiently above your costs, ideally three or four or five times your cost, thereby giving you a profit that enables you to buy and to offer more products and services.
Brian TracyA man, groundly learned already, may take much profit himself in using by epitome to draw other menโs works, for his own memory sake, into short room.
Roger AschamHuman development is a form of chronological unfairness, since late-comers are able to profit by the labors of their predecessors without paying the same price.
Alexander HerzenObviously the best way to retain the most profit is to not give any of it away. That's something that you certainly learn through the years.
John PetrucciOne of the things that I realize is that if you look at big business, I mean, they - and what they fund and what they do, they don't really - they don't fund the small non-profit community-based organizations that really are out there on the front lines helping people. They fund the big philanthropies. They're safe.
Rick SantorumShareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
Eliot SpitzerWell, I started thinking about what you were saying about how your movies need to make a profit. Now, what is the one thing, if you put it in a movie, it'll be successful?
Ed WoodHere's the thing: If you're so far left you actually believe that somebody owes you a job, citizenship and a heart transplant, you're mentally ill. If you're so far right that you actually believe that somebody who doesn't have a job and is not a citizen deserves to have their heart cut out and sold on eBay, and you get to keep 80 percent of the profit - you're mentally ill.
Christopher TitusI think wealthy conservatives are busy investing in profit and job creation and enterprise, and wealthy liberals, many of them either from the media industry themselves or from - they recognize the value of communications and are more ready to put money into a less profitable enterprise, namely the media.
Karl RoveThroughout the history of the Internet, most of the innovation has come as a by-product of efforts to facilitate communication within social groups of various kinds (academics, bloggers, peer-to-peer file sharing), rather than as the result of profit-oriented investment. Rather than taking the lead, the business and government sectors have adopted innovations developed in Internet communities, and realised significant productivity gains as a result.
John QuigginDrunkenness is not only the cause of crime, but it is crime; and if any encourage drunkenness for the sake of the profit derived from the sale of drink, they are guilty of a form of moral assassination as criminal as any that has ever been practiced by the braves of any country or of any age.
John RuskinJust remember, without discipline, a clear strategy, and a concise plan, the speculator will fall into all the emotional pitfalls of the market - jump from one stock to another, hold a losing position too long, and cut out of a winner too soon, for no reason other than fear of losing profit. Greed, Fear, Impatience, Ignorance, and Hope will all fight for mental dominance over the speculator. Then, after a few failures and catastrophes the speculator may become demoralised, depressed, despondent, and abandon the market and the chance to make a fortune from what the market has to offer.
Jesse Lauriston LivermoreRather than the word career, I prefer to discuss how you make a positive I pact on the world. This could mean raising your children, professional activities, non-profit work, or various other actions you take that impact others. I have found that, at all ages, people want to be needed and play a role in impacting the world.
Robert S. KaplanEvery time I started a business and the people told me I was an idiot, I ended up making a lot of money. Si Redd used to say me, "Boy, you gotta be where they ain't." What that means is that you find areas of low competition because high competition means lower margins, and lower margins mean less profit. So we were always looking for places where we can be unique. If the thinking is out-of-the-box, people may not understand because they have not seen it before... Therefore you are an idiot.
Bob DavidsI think somehow people should be encouraged to think about a very long time horizon and I think this is true for businesses, it's true for governments and it's true for people doing things in the non-profit sector.
Peter Thiel