• "The more you got, the bigger the target you are." - Peter Jackson, film director

 

• "The danger lies not in change but in the excesses of optimism or pessimism which result from assuming that this time there will be no change." - Peter L. Bernstein

 

Peter Lynch

 

• "The person that turns over the most rocks wins the game. And that's always been my philosophy."

 

• "Just because a company is doing poorly doesn't mean it can't do worse."

 

• "It’s no surprise why so many annual reports end up in the garbage can. The text on the glossy pages is the understandable part, and that’s generally useless, and the numbers in the back are incomprehensible, and that’s supposed to be important."

 

• "When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom."

 

• "I think you have to learn that there's a company behind every stock, and that there's only one real reason why stocks go up. Companies go from doing poorly to doing well or small companies grow to large companies."

 

• "You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."

 

• "The smart money isn’t so smart, and the dumb money isn’t really as dumb as it thinks. Dumb money is only dumb when it listens to the smart money."

 

• "There seems to be an unwritten rule on Wall Street: If you don't understand it, then put your life savings into it."

 

Peter Drucker

 

• "Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got."

 

• "Knowledge has to be improved, challenged, and increased constantly, or it vanishes."

 

• "No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings."

 

• "Management by objective works - if you know the objectives. Ninety percent of the time you don't."

 

• "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window."

 

• "My greatest strength as a consultant is to be ignorant and ask a few questions."

 

• "Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the "naturals," the ones who somehow know how to teach."

 

• "The entrepreneur always searches for change, responds to it, and exploits it as an opportunity."

 

• "Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs."

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