If someone were to ask 'us', "Have you incurred a loss…
““If someone were to ask 'us', "Have you incurred a loss this year?" Then 'we' would answer, "No sir, we have not incurred a loss, the business has incurred a loss!" And when a profit is made, 'we' say, "The business has made a profit." 'We' never have a profit or loss.””
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Distinguishes personal accountability from corporate outcomes, highlighting ethical separation.
In simple terms: Company profits aren't personal.
Key Takeaway
Separate personal from business results.
Themes
ethics
accountability
business
Mood
reflective
thoughtful
Type
philosophical
ethical
When to use this quote
- entrepreneurship
- investment
- tax planning
- leadership
Key Concepts
corporate responsibility
financial reporting
Questions to Reflect On
- Do you take personal responsibility for business results?
- How does this view affect decision‑making?
A Different Perspective
May obscure personal responsibility for outcomes.