A Quote by Malcolm Forbes
Economists' unanimity that bad business is ahead is the most reassuring news possible. It's very unlikely that this will be the one time they're right.
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The idea that you will make the right decision every time is very unlikely.
The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
The news media are, for the most part, the bringers of bad news... and it's not entirely the media's fault, bad news gets higher ratings and sells more papers than good news.
The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.
Sometimes, I think my most important job as a CEO is to listen for bad news. If you don't act on it, your people will eventually stop bringing bad news to your attention and that is the beginning of the end.
I'm not in the news business and won't tell people how to do their job. I'd like to restore trust in the news business, though, and feel that restoring fact-checking will really help. News business realities mean that such fact-checking has to be practical, it has to be fast and cheap.
It is much, much worse to receive bad news through the written word than by somebody simply telling you, and I’m sure you understand why. When somebody simply tells you bad news, you hear it once, and that’s the end of it. But when bad news is written down, whether in a letter or a newspaper or on your arm in felt tip pen, each time you read it, you feel as if you are receiving the bad news again and again.
Don't hide bad news. With multiple information channels available, bad news always becomes known. Be candid right from the start.
When you're expecting bad news you have to be prepared for it a long time ahead so that when the telegram comes you can already pronounce the syllables in your mouth before opening it.
There's racism and sexism and ageism and all sorts of idiocies. But bad news is not news. We've had bad news as a species for a long time. We've had slavery and human sacrifice and the holocaust and brutalities of such measure.
For a long period of time, the media covered rap music and hip hop the same way they cover a lot of black people, people of color, you know, the bad news happens to be news. They used to have these little stupid colloquialisms that pop up like, "You know what? No news is bad news!" They trick the masses into thinking that any news is great for you. And I just think that's a piece of crap.
While we would typically encourage young people to start saving for the future as early as possible, it's unlikely that a budding entrepreneur will be able to do so. The entrepreneur will need every bit of capital available for the business, which will likely crowd out personal savings.
Frightening media messages...pervade the news business, which really ought to be called "the bad news business" for its preoccupation with disaster and destruction. In broadcast journalism, killing is almost always covered, while kindness is almost always ignored. The more alarming a news item is, the more attention it receives.
When the news is slow, or when there's just so many other responsibilities bearing down on me that I don't have the time to do it right, that's when it gets frustrating. As an artist, you just don't wanna put bad work out. So when you have to do it seven days a week, you're just gonna have some bad days and bad weeks and bad months and bad years.
My own take on it is that government will never adequately represent every person in the country. It can't. It's not possible. It's a multicultural, multifaceted society in which we live. The country, I think, thrives because it's willing to embrace many ideas at the same time, but once a decision is made you will be unpopular with many people. The business of our political leaders is to go ahead and make a decision and let the chips fall where they may. That's a very hard thing to do.
In the business world, bad news is usually good news - for somebody else.
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