A Quote by Henry Mintzberg
What you get out of an M.B.A. programme, no matter how much experience, is functional tools and understanding in disciplines: you'll understand economics, you'll understand marketing, finance, accounting. That, M.B.A. programmes do very well.
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You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself
We do not need to understand economics in order to experience the benefits of freedom of exchange and production. But we may very well need to understand economics in order to sustain and maintain the institutional framework that enables us to realize the benefits that flow from freedom of exchange and production.
As much as you need to know your operations, if you don't understand the finance side and how to do the business, you're never going to be successful. So you might be the best operator or visionary, but if you don't understand the finance side... I'm successful because I know the finance side, but I also know operations; it's not an accident.
Understanding the times means understanding the course of history and civilization, as well as understanding the present situation. If we understand how God guides the development of human history, we can begin to understand the therapies needed to correct the problems of our times.
There are lots of things we never understand, no matter how many years we put on, no matter how much experience we accumulate.
There is no other proposition in economics that has more solid empirical evidence supporting it than the Efficient Market Hypothesis... In the literature of finance, accounting, and the economics of uncertainty, the EMH is accepted as a fact of life.
I don't understand my feelings. I really don't. I don't understand how I could hate you so much after so much time. How, no matter how much I'd like to not hate you, I hate you even more. It grows.
As you get more experience out there, as you get more comfortable with the NBA system, the offense, the schemes, you begin to understand where you're going to get your looks from. And I think a big part of playing well is not having to look over your shoulder and just understanding that you're consistently be counted on.
I studied finance and accounting in college, and I worked at a massive accounting firm out of graduation.
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If economics wants to understand the new economy, it not only has to understand increasing returns and the dynamics of instability. It also has to look at cognition itself, something we have never done before in economics.
I don't speak anything very well. The longer that you travel, you find out that you really don't even need to speak the language to get around and get things done, to live in those places. If you're somewhat resourceful and perceptive, you're pretty much going to know what's going on because human nature is human nature: they understand it, you understand it, and it works.
Well, my wife always says to me, and I think it's true, it's very difficult for us to understand the Elizabethan understanding and enjoyment and perception of form as it is to say... it would be for them to understand computers or going to the moon or something.
I think more to the point, these pivotal times means something other than a politician. I understand the economy. I understand the world. I have a lot of foreign policy experience. I understand bureaucracies. I understand technology, and I understand leadership.
The Bible is very easy to understand. But we Christians are a bunch of scheming swindlers. We pretend to be unable to understand it because we know very well that the minute we understand, we are obliged to act accordingly.
I don't set out to make movies about famous people, though I guess I have. I think what I set out to do is to try to understand things that we don't understand. Or to find out what is blocking us from understanding things we should understand.
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