A Quote by David Maister

The noble path does win but only if you are prepared to make the investment over a long period of time. — © David Maister
The noble path does win but only if you are prepared to make the investment over a long period of time.
In investment management today, everybody wants not only to win, but to have a yearly outcome path that never diverges very much from a standard path except on the upside. Well, that is a very artificial, crazy construct. That's the equivalent in investment management to the custom of binding the feet of Chinese women
After I watched Tom Brady win the Super Bowl, it made me start to think that the only thing that marks greatness is consistency over a long period of time.
I have had a strong and a long relationship on national security, I've been involved in every national crisis that this nation has faced since Beirut, I understand the issues, I understand and appreciate the enormity of the challenge we face from radical Islamic extremism. I am prepared. I am prepared. I need no on-the-job training. I wasn't a mayor for a short period of time. I wasn't a governor for a short period of time.
In order to ensure long-term investment, it is important to make infrastructure as transparent and as bankable as possible - should be a win-win for all.
The most straightforward path would be if we could bring the cost of solar electric and wind down by another factor of say, three, and then have some miraculous storage solution, so that not only over the 24-hour day but over long periods of time where the wind doesn't blow, you have reliable energy. That's a path. But energy storage is hard. That's not a guaranteed path.
We need to have preparation to win. A disciplined team will win more close games over a period of time.
Over the long term, despite significant drops from time to time, stocks (especially an intelligently selected stock portfolio) will be one of your best investment options. The trick is to GET to the long term. Think in terms of 5 years, 10 years and longer. Do your planning and asset allocation ahead of time. Choose a portion of your assets to invest in the stock market - and stick with it! Yes, the bad times will come, but over the truly long term, the good times will win out - and I hope the lessons from 2008 will help get you there to enjoy them.
A path is only a path, and there is no affront, to oneself or to others, in dropping it if that is what your heart tells you . . . Look at every path closely and deliberately. Try it as many times as you think necessary. Then ask yourself alone, one question . . . Does this path have a heart? If it does, the path is good; if it doesn't it is of no use.
It is a long time,' repeated his wife; 'and when is it not a long time? Vengeance and retribution require a long time; it is the rule.' 'It does not take a long time to strike a man with Lightning,' said Defarge. 'How long,' demanded madame, composedly, 'does it take to make and store the lightning? Tell me?
Marco Rubio said he was personally open over a long period of time to offering a path to citizenship for immigrants here illegally. Rubio's work on a comprehensive immigration bill is one of his biggest vulnerabilities with Republican primary voters.
It's not about how many games we win with me as captain, it's about us being consistently getting better over a long period of time and looking to be that number one side in the world.
I wanted to make a more Romanesque film that told a story over a long period of time - this one spans 45 years. I had a great desire to make another musical, but this time I wanted to be more ambitious.
Humans more easily remember or learn items when they are studied a few times over a long period of time (spaced presentation), rather than studied repeatedly in a short period of time.
If each of your time steps is one week long, you are not modeling the stock price terribly well over a one-week time period, because you are saying that there are only two possible outcomes.
Every time I reach a major milestone in my career, I expect it to make more of a difference than it does, and I guess that means I'm in the sport for the right reasons. I'm not in it to win it because winning can only last for so long, and it's a very fickle thing, sport.
The surgeon general warned today that saliva causes stomach cancer. But apparently only when swallowed in small amounts over a long period of time.
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