A Quote by Henry Kravis

Our industry expertise (at KKR) enables the firm not only to make better investment choices but also to win the confidence of senior management and sellers, which has enabled us to purchase many companies on an exclusive basis.
The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment, with funds run by investment professionals. The firm I worked with, Wellington Management Co., they had one fund. That was very typical in the industry... investment professionals focused on long-term investing.
When I play for Delhi in Ranji Trophy, I try to help Delhi win, and when I play IPL for KKR, I aim to make KKR win.
The central problem of management is how spontaneous interaction of people within a firm, each possessing only bits of knowledge, can bring about the competitive success that could only be achieved by the deliberate direction of a senior management that possesses the combined knowledge of all employees and contractors
Once you develop confidence in your own ability, you'll be able to make a real contribution to creating a better world. Self-confidence is very important. Not in the sense of blind pride, but as a realistic awareness of what you can do. As human beings we can transform ourselves by our good qualities and reducing our faults. Our intelligence enables us to judge what is good from what is harmful.
In this life, we have to make many choices. Some are very important choices. Some are not. Many of our choices are between good and evil. The choices we make, however, determine to a large extent our happiness or our unhappiness, because we have to live with the consequences of our choices.
In this life we have to make many choices. Some are very important choices. Some are not. Many of our choices are between good and evil. The choices we make, however, determine to a large extent our happiness or our unhappiness, because we have to live with the consequences of our choices. Making perfect choices all of the time is not possible. It just doesn't happen. But it is possible to make good choices we can live with and grow from.
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
The rich and luxurious may claim an exclusive right to those pleasures which are capable of being purchased by pelf, in which the mind has no enjoyment, and which only afford a temporary relief to languor by steeping the senses in forgetfulness; but in the precious pleasures of the intellect, so easily accessible by all mankind, the great have no exclusive privilege; for such enjoyments are only to be procured by our own industry.
The billionaire founder of investment firm Elliott Management was one of several investors who warned financial ministers in 2007 that a crack in the housing market could cause huge problems for the banking industry.
I'm delighted to be joining INVESCO, an organization that has been growing both in terms of assets under management and the breadth of investment capabilities offered. I see great potential in working with the accomplished investment centers within INVESCO and providing expertise to help develop strategic solutions for our clients.
The story started over a decade ago when I ran Hermitage Capital Management, the largest investment firm in Russia. I was very successful, but when I started to complain publicly about corruption at the companies in which my fund invested, President Vladimir Putin had me expelled from the country and declared a threat to national security.
Not only does the Atonement of Jesus Christ overcome the effects of the Fall of Adam and make possible the remission of our individual sins and transgressions, but His Atonement also enables us to do good and become better in ways that stretch far beyond our mortal capacities.
In industry, we are now concentrating our best effort in trying to make plants work at a maximum capacity, trying to replace the equipment which is in bad conditions due to lack of spare parts from the U.S.., that we cannot get from the U.S.; to extend our industry later on the basis of our primary resources. And to lessen our dependence on external markets and dedicate our efforts in 1965 to the aspect of security and hygiene of work, to make our plants better for the worker: that the worker may feel really a man there.
Many think of management as cutting deals and laying people off and hiring people and buying and selling companies. That's not management, that's deal making. Management is the opportunity to help people become better people. Practiced that way, it's a magnificent profession.
We must make choices that are outside of the familial expectations of us, or we'll just be repeating the mistakes. Our parents came here to give us better choices.
The illusion of skill is not only an individual aberration; it is deeply ingrained in the culture of the [investment management] industry.
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