A Quote by Mohnish Pabrai

Industries with rapid change are the enemy of the investor. Tech businesses, particularly biotech, is a problem from that point of view. All industries work with change, but you should ideally be investing in businesses with a low rate of change, not a high rate of change.

Mohnish Pabrai

Quote Topics

Biotech Businesses Change Enemy High Ideally Industries Investing Investor Low Particularly Point Point Of View Problem Rapid Rapid Change Rate Rate Of Change Should Should I Tech View Work

Quote Author

Mohnish Pabrai
Indian - Businessman
Born: June 12, 1964

In most industries, technological change is happening at a rapid rate.

Ken Moelis

Tech is a key driver of social and economic change, and around the world, women like me are transforming businesses, industries, and communities.

Gillian Tans

If the rate of change on the outside exceeds the rate of change on the inside, the end is near.

Jack Welch

My experience to date has been that change, particularly relative to business, rarely happens in a revolutionary way. That isn't to say there are not times when major change happens, but my experience is that particularly when you're encouraging businesses to change of their own volition, the change is more slow over time. I don't think global trade is going to go away. I think it's unlikely that global trade and multinationals are not going to be around.

Jeffrey Hollender

I work in the tech industry and my husband works in biotech. He's head of IP for a company listed on the NASDAQ. And we have a lot of discussions in tech and biotech about the role of unionization in our industries.

Brianna Wu

People don't want to change. It's hard for people to change and it's hard for businesses to change. If I was running an oil company, I would be resistant to change too.

Ed Begley, Jr.

In most industries, technological change is happening at a rapid rate. I find it is happening in different ways to every industry in the world, and positioning yourself for that, and trying to get ahead of that, is a big conversation right now. Digitization has created opportunities for everybody to accumulate information in a way they were never able to, and analyze it with a speed that just wasn't there.

Ken Moelis

The rate of change is not going to slow down anytime soon. If anything, competition in most industries will probably speed up even more in the next few decades.

John P. Kotter

In most Western economies, the general relationship is not in fact between the rate of inflation and the level of unemployment, but between the rate of change of inflation and the rate of change of unemployment.

Paul Ormerod

With the emergence of civilization, the rate of change shifted from hundreds of thousands of years to millennia. With the emergence of science as a way of knowing the universe, the rate of change shifted to centuries.

William Irwin Thompson

We targeted five industries for growth, industries where we have natural advantages in North Dakota: value-added agriculture, advanced manufacturing, technology-based businesses, energy and tourism. We worked very hard to grow all those businesses, and that's what's happening.

John Hoeven

Probably people always feel that they are living in a time of transition, but we can hardly be mistaken perhaps in thinking that this is an era of particularly momentous change, rapid and proceeding at an ever quickening rate.

Emily Greene Balch

Industries and businesses that must operate in the marketplace of free choice know that they must change, they must adapt, they must accommodate to changes in public attitudes-or they will surely die.

William Ruckelshaus

You see, I know change I see change I embody change All we do is change Yeah, I know change We are born to change We sometimes regard it as a metaphor That reflects the way things ought to be In fact change takes time It exceeds expectations It requires both now and then See, although the players change The song remains the same And the truth is... You gotta have the balls to change