A Quote by Arnold Rothstein
Some days I make 20 bets. Some days, I make none...so I wait, plan, marshal my resources. And when I finally see an opportunity and there is a bet to make, I bet it all.
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The one thing that I think separates Microsoft from a lot of other people is we make bold bets. We're persistent about them, but we make them. A lot of people won't make a bold bet. A bold bet doesn't assure you of winning, but if you make no bold bets you can't continue to succeed. Our industry doesn't allow you to rest on your laurels forever. I mean, you can milk any great idea. Any idea that turns out to be truly great can be harvested for tens of years. On the other hand, if you want to continue to be great, you've got to bet on new things, big, bold bets.
I waited all those years for a title shot, and when I finally got it, I had to pay $20,000 for the opportunity. My purse was only $18,000. So to make money, I had to bet $10,000 on myself at 8-5. That was how it was in those days.
If you bet on a horse, that's gambling. If you bet you can make three spades, that's entertainment. If you bet cotton will go up three points, that's business. See the difference?
Bet you never eat, he says. Bet you drink up the oxygen like it's butter. Bet you can go for days on nothing but thoughts.
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
Anytime you make a bet with the best of it, where the odds are in your favor, you have earned something on that bet, whether you actually win or lose the bet. By the same token when you make a bet with the worst of it, where the odds are not in your favor, you have lost something, whether you actually win or lose the bet.
I have an idea about voting, how about on every ballot we include "None of the above". People may laugh at that, but what that is, it is a vote of no confidence in your government and I'm willing to bet that in some elections, 'None of the Above' would win. Imagine if you won the election but lost to 'None of the Above'. Wouldn't that make you re-think your positions?
To have the opportunity to be creative and clarify the nature of that creativity, there are definitely some long days, some 18-20 hour days with interviews or computer work, but I have a friend who is every bit as intelligent and creative as me who works at the mill.
He wanted to impart some of the truths Bruce Denton had taught him, that you dont' become a runner by winning a morning workout. The only true way is to marshal the ferocity of your ambition over the course of many days, weeks, months, and (if you could finally come to accept it) years. The Trial of Miles; Miles of Trials. How could he make them understand?
In early 2008, it was confirmed that there would be an opportunity to build applications for the iPhone. We were fortunate enough to make the right call on that: to bet early, to put resources into it and have a pretty good application in the store at the moment when it opened.
On some days in prison you might just need to get out of there, but on some days - not all days, but some - you might be able to see the sky and see the blue in it.
I dress according to my mood. Some days I don't want to dress up, while some days I want to look great and so I make an extra effort to put on some Kajal and beautiful dresses, but it all depends on my mood.
Some days felt longer than other days. Some days felt like two whole days. Unfortunately those days were never weekend days. Our Saturdays and Sundays passed in half the time of a normal workday. In other words, some weeks it felt like we worked ten straight days and had only one day off.
If your goal is to make money, becoming an entrepreneur is a sucker's bet. Sure, some entrepreneurs make a lot of money, but if you calculate the amount of stress-inducing work and time it takes and multiply that by the low likelihood of success and eventual payoff, it is not a great way to get rich.
This election isn't about Barack Obama or Mitt Romney. It's about you. The other guys write $10 million checks and make $10,000 bets. But we've bet this campaign on you.
Look, I want to be able to make the stupidest movies ever, because they make people laugh and they make money. But that's not all I want to do. And I think I've proven to some people - the ones paying attention - that I can do more. Everybody else, well, they can wait and see and make up their mind.
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