A Quote by Sergio Ermotti
If I have to tell you what was and is my mission, I think UBS can be the Apple or IBM of the banking industry: companies that went from being admired to severe difficulties and to being back stronger than before.
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I think you might see us growing much deeper into banking. You might see us acquiring companies in the banking area. You might see us acquiring companies in the retail area. I think you might see us acquiring companies in the telecommunications. I think you will see us getting stronger in business intelligence.
Innovation has stalled in the banking industry. While the rest of the world is in the digital age, banking remains stagnant. We are here to change this and bring banking to the 21st century. We will ensure our customers feel involved in the progress of this bank and are offering them a truly enjoyable banking experience – different from anything they have experienced before.
I don't think that the financial services industry and that banking in particular are any different than any other part of the economy, any other industry outside banking.
The love of new acquaintance comes not so much from being weary of what we had before, or from any satisfaction there is in change, as from the distaste we feel in being too little admired by those that know us too well, and the hope of being more admired by those that know us less.
If you think about companies that were built in Silicon Valley, a lot of them early on were chip companies. And now the companies that are there, like Apple, are much more successful than any of the chip companies were.
I think the idealism has always been marketing. Even back in the early days of Apple and the 'pirate' mentality, they were building a computer that they wanted to differentiate from IBM and Microsoft.
We tell anybody who asks that we think Apple is making a big mistake by not being compatible.
Because nonbeing longs for being, on occasion it creates a stronger sense of being than being itself.
I think the music industry, for instance, is such a huge, multibazillion-dollar industry and it's become very, very savvy. There's a very short grace period in which actual human rebellion or resistance can thrive before it's co-opted by these huge companies. And all of youth culture is packaged and sold back to us at this furious rate these days. I think it's part and parcel to this corporate encroachment on our lives in general.
I've been a Fellow in a number of companies: Xerox, Apple, Disney, HP. There are certain similarities because all the Fellows programs were derived from IBM's, which itself was derived from the MIT 'Institute Professor' program.
One of the difficulties of photography is that it is much better at being explicit than at being reticent.
Money follows mission, not the reverse. This is a shorthand way of saying that the stronger the congregation's relational characteristics, the easier it is to raise money. The stronger the congregation's mission, visitation, groupings, leadership, and decision making, the stronger the giving.
I don't think you can consistently be a winning trader if you're banking on being right more than 50 percent of the time. You have to figure out how to make money being right only 20 to 30 percent of the time.
The energy within you is stronger than ever for being held back, compressed, and said No to.
I admired what my students were writing, but I think their improvement doesn't directly result from me but from being in a class, being with each other.
Suddenly Yankel was overcome with a fear of dying, stronger than he felt when his parents passed of natural causes, stronger than when his only brother was killed in the flour mill or when his children died, stronger even than when he was a child and it first occurred to him that he must try to understand what it could mean not to be alive -- to be not in darkness, not in unfeeling -- to be not being, not to be.
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