A Quote by Warren Buffett
There's not many businesses where someone can come in and offer to cut the price in half and somebody doesn't think about shifting. But that's the nature of the ratings business.
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I teach at the Stanford Business School, and about half of my students are foreign, many of whom, I hope, will stay and build businesses in U.S. But I must tell you that they also have opportunities to come back to India and start great companies and operations.
I think 'Y&R's future is contingent upon the ratings. Obviously, none of the soaps are kept alive for the sake of loyalty. It's all about ratings. It's show business. Period.
Every single television product has the ambition to chase ratings, every one of them. Many have other ambitions, for many, ratings are not #1. But my experience on TV, and on the entertainment side, has been entirely ratings-based. When I look at TV I look at ratings. And I never second guess ratings. Never.
In the financial markets, however, the connection between a marketable security and the underlying business is not as clear-cut. For investors in a marketable security the gain or loss associated with the various outcomes is not totally inherent in the underlying business; it also depends on the price paid, which is established by the marketplace. The view that risk is dependent on both the nature of investments and on their market price is very different from that described by beta.
We are in the top five restaurants in New York. Daniel is about luxury. It's a luxury where when somebody has never come they maybe expect to be intimidated, but once they have the experience I think they feel this is a welcoming, fun and great experience to have. The menu, the price point, the level of service, and class we offer to people... I think it's incredible. Not every restaurant can be like that - it's a commitment, in terms of dedication to excellence.
No half measures. Some things can’t be cut in half. You can’t half-love someone. You can’t half-betray, or half-lie.
As you probably know, half of the people who work in this country work for small businesses. And it's more than that, because two out of every three net new jobs come from small business. So we mean it when we talk about small business being the engine for the economy.
Then by the springtime, you'll see us moving an effort to cut taxes for working families, small businesses and family farms to reform our business taxes in this country so that American businesses can compete more effectively with businesses around the world.
I think that one thing fiction can offer, and must offer, is a place where someone's mind and their imagination can come to rest for a little while.
On the one hand, Porto Monenegro is shape-shifting - it replaced a naval shipyard with a new marina - but it's also mind-shifting, opening up an array of other small business opportunities. And this shape-shifting and mind-shifting, it is exactly what we're trying to do in Montenegro.
How many businesses do you know that want to cut their revenue in half? That's why the healthcare system won't change the healthcare system.
You know, l don't kid myself about the show. If it doesn't get ratings, it's off. Look, if I came up with the cure for cancer and it didn't get ratings, they wouldn't put it on. That's how vicious that business is.
You should be unconcerned about short-term price action when you own the securities directly, just as you were unconcerned when you owned them indirectly through BPL. I think about them as businesses, not "stocks", and if the business does all right over the long term, so will the stock.
Don't sell yourself short. No one will value you. Set a fair price for you, your book, your services, whatever it is that you have to offer. Most of us set way too low a price. Put it a little higher than you would normally be inclined to do. The worst that can happen is someone will come along and steal it.
I mean, all the ratings wars are silly. But, I mean, someone has to be concerned about the ratings because it means, you know, it translates into revenue.
As mayor of Milwaukee, I've had many developers come and many businesses come and have asked for financial assistance from the city, and my questions have always been: how many jobs are we talking about and are these family-supporting jobs.
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