From 1977 to 1987, our average annual return to investors…
““From 1977 to 1987, our average annual return to investors was 46 percent. And even in the middle of the recession, in 1991, we reported a return on equity of more than 32 percent.””
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Consistent high returns demonstrate disciplined business practices despite economic cycles.
In simple terms: Good business yields strong returns even in downturns.
Focus on disciplined, long‑term strategy.
Themes
Mood
Type
When to use this quote
- investor presentations
- strategic planning
- risk management
Key Concepts
Questions to Reflect On
- What practices drove these returns?
- How can similar results be achieved today?
Past performance may not guarantee future results.