"In general, an asset should be sold when……" — Charles Koch
"In general, an asset should be sold when it has greater value to a buyer. This happens when a buyer has a complimentary business or capability that would enable them to do more with that business. Many businesses we have exited were not failures, but had simply reached a point in their life cycle where they no longer provided a core capability or served as a platform for growth."
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Charles Koch
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39 Quotes by Charles Koch
Charles Koch has 39 quotes on this site.
A few more worth reading:
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Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this…
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Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential…
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We strive to hire and retain only those who embrace our MBM® Guiding Principles, which encompass integrity, compliance, value creation,…
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Most power is power to coerce somebody. We don't have the power to coerce anybody.
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No centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society…
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When everyone gets something for nothing, soon no one will have anything, because no one will be producing anything.
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Citizens who over-rely on their government to do everything not only become dependent on their government, they end up having…
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Repeatedly asking for government help undermines the foundations of society by destroying initiative and responsibility. It is also a fatal…
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I want my legacy to be greater freedom, greater prosperity and a better way of life for my family, our…
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As an engineer, I understood that the natural world operated according to fixed laws. Through my studies, I came to…
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Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity…
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We have the best leaders and the most depth of leadership we've ever had. If I get hit by a…
See all 39 quotes by Charles Koch »
More Asset Quotes
This quote is filed under Asset Quotes,
one of 383 quotes in that category. Here are a few more:
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People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A…
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Don't let what you don't know scare you, because it can become your greatest asset. And if you do things…
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I believe that a newspaper is a great civic asset and that ownership is best in the hands of foundations…
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When Gordon the Brown, in London in 1997, commissioned a great inquisition or survey of his new realm, the result…
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that…
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Healthy citizens are the greatest asset any country can have.
— Winston Churchill
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When there wasn't any money involved, for all intents and purposes, nobody gave a damn. But now the land, supposedly…
— Neil Abercrombie
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Aggressive play is a vital asset of the world's greatest golfers. However, it's even more important to the average player.…
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My mind is my biggest asset. I expect to win every tournament I play.
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Your decision to be, have and do something out of ordinary entails facing difficulties that are out of the ordinary…
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Your company's most valuable asset is how it is known to customers.
— Brian Tracy
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Goodwill is the only asset that competition cannot undersell or destroy.
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