A Quote by P. J. O'Rourke
All business is capitalistic. You require capital for any sort of business endeavour.
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All the business of war, and indeed all the business of life, is to endeavour to find out what you don't know by what you do; that's what I called 'guess what was at the other side of the hill'.
We're in the doing business, or acting business and creating business. We're not in the results business, so we don't have any control over what the result is.
It doesn't require expropriation or confiscation of private property or business to impose socialism on a people. What does it mean whether you hold the deed or the title to your business or property if the government holds the power of life and death over that business or property?
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.
What makes small business develop into big business is not spending, but saving and capital accumulation.
We're in the doing business, or acting business and creating business. We're not in the results business, so we don't have any control over what the result is. My reward comes in the doing of it.
Call on a business man only at business times, and on business; transact your business, and go about your business, in order to give him time to finish his business.
The issue of access to growth capital is common to all entrepreneurs. Any entrepreneur who can demonstrate a credible business model and plan would be able to access to capital.
A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business.
There's show business, and the business is sometimes in capital letters. You just have to give it your best shot when up at bat.
Long ago I added to the true old adage of "What is everybody's business is nobody's business," another clause which, I think, morethan any other principle has served to influence my actions in life. That is, What is nobody's business is my business.
The purpose of finance is to enable business to acquire the ownership of capital instruments before it has saved the funds to buy and pay for them. The logic used by business in investing is things that will pay for themselves is not today available to the 95% born without capital. Most of us owe instead of own. And the less the economy needs our labor, the less able we are to "save" our way to capital ownership.
Wherever you go in the galaxy, you can find a food business, a house-building business, a war business, a peace business, a governing business, and so forth. And, of course, a God business, which is called 'religion,' and which is a particularly reprehensible line of endeavor.
ICG wasn't an index fund so much as a collection of venture-capital investments focused on so-called business-to-business Internet companies.
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
When we separate the word business into its component letters, B-U-S-I-N-E-S-S, we find that U and I are both in it. In fact, if U and I were not in business, it would not be business. Furthermore, we discover that U comes before I in business and the I is silent-it is to be seen, not heard. Also, the U in business has the sound of I, which indicates it is an amalgamation of the interests of U and I. When they are properly amalgamated, business becomes harmonious, profitable, and pleasant.
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