A Quote by Andrew Ross Sorkin

Shareholders are sort of like cats; they get herded around, and they follow the leader. With the exception of a few activist shareholders, there are a very rare number of big, important, influential shareholders that like to step up and say there's a problem here, especially when they're making money.

Andrew Ross Sorkin

Quote Topics

Activist Around Big Cats Exception Few Follow Get Important Influential Leader Like Making Making Money Money Number Problem Rare Say Shareholders Sort Step Step Up Up Very

Quote Author

Andrew Ross Sorkin
American - Journalist
Born: February 19, 1977

What I am saying is, all health care has a problem with costs. Medicare is growing slower than the private insurance plans. Why? Because of their efficiency. They don't have to give money to shareholders. Why should be defending shareholders?

Anthony Weiner

With every story that TV covers, somebody - some corporation, some shareholders - are making money. That's true whether covering Libya, Iraq, the tsunami in Japan, Osama bin Laden, whatever story there is. That day, the shareholders are making money off it. Every newspaper that's sold, somebody's making a dime.

Nancy Grace

When you face the shareholders, then you can feel the heat is on you. For 20 years I got to answer to my shareholders. It's not easy.

Tan Cheng Bock

I am convinced that companies should put staff first, customers second and shareholders third - ultimately that's in the best interest of customers and shareholders.

Richard Branson

Companies, to date, have often used the excuse that they are only beholden to their shareholders, but we need shareholders to think of themselves as stakeholders in the well being of society as well.

Simon Mainwaring

I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.

John C. Bogle

If you were at Lehman, the same thing happened. If you were at AIG, the shareholders are getting creamed on these things. And those shareholders are not just a bunch of big shots in Wall Street. Those are pension funds, and those are investors all over the country. I wouldn't worry too much about that. Justice won't be perfect on it.

Warren Buffett

People need to understand: Businesses are going to make mistakes. They shouldn't be shot and hung every time. We should apologize for it. We should make up for it. My shareholders paid for it. No customer was hurt, which is critical to me. But I hurt my shareholders, and I wish I hadn't.

Jamie Dimon

We like our current shareholders and don't want to entice anyone to become one. It would help current shareholders to hear our CEOs [of the Berkshireoperating subsidiaries], but we promised them they could spend 100% of their time on their business. We place no impediments on them running their businesses. Many have expressed to me how happy they are that they don't have to spend 25% of time on activities they didn't like.

Charlie Munger

Well-managed companies with independent boards have nothing to fear from activist shareholders.

Whitney Tilson

Who are businesses really responsible to? Their customers? Shareholders? Employees? We would argue that it’s none of the above. Fundamentally, businesses are responsible to their resource base. Without a healthy environment there are no shareholders, no employees, no customers and no business.

Yvon Chouinard

A lot of people love Oreos. So their manufacturer is making money. That means more dividends for shareholders.

Maria Bartiromo

... Our first priority should be the people who work for the companies, then the customers, then the shareholders. Because if the staff are motivated then the customers will be happy, and the shareholders will then benefit through the company's success.

Richard Branson

In the age of activism that is clearly not going away, it would seem that some form of engagement from directors with shareholders - rather than directors simply taking their cues from management - would go a long way toward helping boards work on behalf of all shareholders rather just the most vocal.

Andrew Ross Sorkin

Customers should be number 1, Employees number 2, and then only your Shareholders come at number 3.