Jerome Powell Quotes
Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take.
Quotes to Explore
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In the United States we have the great Harvard Business School, but America is the country with the greatest debt in the world.
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In the back of my mind, I can never forget this could be gone tomorrow - and at this point I think the odds are against me... the chances of succeeding in this business are slim to none; there's only a handful of people that have long careers. You have to put in the work, you can never be satisfied, never take it for granted.
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There are many things which swallow up men's thoughts while they live, which they will think little of when they are dying. Hundreds are wholly absorbed in political schemes and seem to care for nothing but the advancement of their own party. Myriads are buried in business and money matters and seem to neglect everything else but this world.
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Getting into the residential investment business entails lots of renovation work.
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At some point, you decide to take something you really like and turn it into a business you love.
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Management manages by making decisions and by seeing that those decisions are implemented.
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Business is tough; you need tough guys.
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I'm a lobbyist and had a career lobbying. The guy who gets elected or the lady who gets elected president of the United States will immediately be lobbying. They would be advocating to the Congress, they'll be lobbying our allies and our adversaries overseas. They'll be asking the business community and labor unions.
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We live in a culture that's been hijacked by the management consultant ethos. We want everything boiled down to a Power Point slide. We want metrics and 'show me the numbers.' That runs counter to the immensely complex nature of so many social, economic and political problems. You cannot devise an algorithm to fix them.
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Nobody talks about how Puffy went to Howard University or about Lil Wayne attending the University of Houston. All the young kids know is what they see on the videos. They don't realize that these guys have taken managerial and business courses, and know how to brand and how to market themselves. They're very smart.
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I held a conference in Harvard where Americans said they didn't believe in risk. They thought it was just European hysteria. Then the terrorist attacks happened and there was a complete conversion. Suddenly terrorism was the central risk.
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We must eliminate all nuclear weapons in order to eliminate the grave risk they pose to our world. This will require persistent efforts by all countries and peoples. A nuclear war would affect everyone, and all have a stake in preventing this nightmare.
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Soon after, I returned home to my family, with a determination to bring them as soon as possible to live in Kentucky, which I esteemed a second paradise, at the risk of my life and fortune.
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What we have tried to instill across the league through ownership and management is that we stand for inclusiveness and to judge somebody on the merits.
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I invited a group of students to my studio to expose them to both the creative and business sides of the fashion industry. It was fun because the group was so bright and full of curiosity. They asked really challenging questions about all aspects of the business and absorbed so much information so quickly.
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Actually, I have another record I made with them in 1976, but I've had such a bad experience with record companies, because I keep my head so much in music and not in business.
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This has been a trend for a long time; the days of lifetime employment are long since over.
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If there's any business that instructs you in the strong hand of fate, it's show business. You can plan and plan, but it's what happens to you that really determines what your career will be like.
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I realised I had to work in something creative, but with a business and global element. And that I had to do it while I was still young and had an appetite for risk.
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I credit Google for having the foresight to identify threats to its main business of selling advertising against search results. The potential loss of market share in the mobile space led them to the Android acquisition.
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'Lost' seems to be the inverse of 'Air': It explores dispossession and identity by forcing a bunch of people into one invented landscape instead of using many invented landscapes to keep people apart.
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Every marathon starts with that first mile. But somewhere around mile 16 or 18 - trust me on this - your feet are killing you, you're not sure you can breathe anymore, your mind is frazzled, your body wracked with pain, and all you want to do is stop.
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Because nobody wanted to play bass, I was instantly in a band.
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Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take.
