--- title: "Meaning & Key Takeaway of: Major investment decisions have become…" description: "\"Major investment decisions have become too important to be left to the private sector.\" — Lester Thurow" image: "https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png" --- # Major investment decisions have become too important to be… ![“Major investment decisions have become too important to be left to the private sector.” quote by Lester Thurow](https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png) [Download](https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png) [Open image](https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png) > “Major investment decisions have become too important to be left to the private sector.” [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Private sector alone shouldn't decide major investments; public oversight is needed. **In simple terms:** Big investments need public involvement. Key Takeaway Advocate for public‑private balance. Themes economics governance investment Mood critical analytical Type policy economic When to use this quote - infrastructure - healthcare - technology Key Concepts Policy analysis public finance Questions to Reflect On - When should private lead? - How to ensure accountability? A Different Perspective Public processes can be inefficient. ★ ★ ★ ★ ★ No ratings yet [Decision](https://sms4smile.com/quotes/about/decision/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Private sector](https://sms4smile.com/quotes/about/private-sector/) ## Related quotes > [Property is my major investment. My accountant has put money into various long-term savings arrangements. To be honest, I am a bit vague about…](https://sms4smile.com/quotes/anne-robinson/property-is-my-major-investment-my-accountant-has-put-money-into/) [Anne Robinson](https://sms4smile.com/quotes/author/anne-robinson/) > [Individual and institutional investors alike frequently demonstrate an inability to make long-term investment decisions based on business fundamentals.](https://sms4smile.com/quotes/seth-klarman/individual-and-institutional-investors-alike-frequently-demonstrate/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [Making the right decisions is one of the most important issues in life.](https://sms4smile.com/quotes/anonymous/making-the-right-decisions-is-one-of-the-most-important-issues-in-life/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Ironically enough, why I got into politics is because I came to the conclusion that if you wanted to save the world, which in…](https://sms4smile.com/quotes/mike-quigley/ironically-enough-why-i-got-into-politics-is-because-i-came-to-the/) [Mike Quigley](https://sms4smile.com/quotes/author/mike-quigley/) > [It is only in our decisions that we are important.](https://sms4smile.com/quotes/jean-paul-sartre/it-is-only-in-our-decisions-that-we-are-important/) [Jean-Paul Sartre](https://sms4smile.com/quotes/author/jean-paul-sartre/) > [Kids instinctively know - although they will argue to the contrary - that they really are not mature enough to make good decisions on…](https://sms4smile.com/quotes/zig-ziglar/kids-instinctively-know-although-they-will-argue-to-the-contrary-that/) [Zig Ziglar](https://sms4smile.com/quotes/author/zig-ziglar/) > [What's crucial is to never get stuck. Making hard decisions is such an important part of being a startup in order to keep moving…](https://sms4smile.com/quotes/payal-kadakia/what-s-crucial-is-to-never-get-stuck-making-hard-decisions-is-such-an/) [Payal Kadakia](https://sms4smile.com/quotes/author/payal-kadakia/) > [It is important that the Greek people make decisions on important developments.](https://sms4smile.com/quotes/george-papandreou/it-is-important-that-the-greek-people-make-decisions-on-important/) [George Papandreou](https://sms4smile.com/quotes/author/george-papandreou/) > [Most of us think that decisions such as where shall I live, with whom shall I partner, what shall I pick as a career…](https://sms4smile.com/quotes/gary-zukav/most-of-us-think-that-decisions-such-as-where-shall-i-live-with-whom/) [Gary Zukav](https://sms4smile.com/quotes/author/gary-zukav/) > [Deciding to be honest was one of the hardest decisions I have ever made, and also the most important.](https://sms4smile.com/quotes/nadia-murad/deciding-to-be-honest-was-one-of-the-hardest-decisions-i-have-ever/) [Nadia Murad](https://sms4smile.com/quotes/author/nadia-murad/) > [“People say that it's the big decisions that are important... that these are the type of issues worthy of prolonged consideration. But no one…](https://sms4smile.com/quotes/julie-gittus/people-say-that-it-s-the-big-decisions-that-are-important-that-these/) [Julie Gittus](https://sms4smile.com/quotes/author/julie-gittus/) > [Think about it this way - if you have five senses, and they're all feeding into one place, kind of like a bottleneck, then…](https://sms4smile.com/quotes/apollo-robbins/think-about-it-this-way-if-you-have-five-senses-and-they-re-all/) [Apollo Robbins](https://sms4smile.com/quotes/author/apollo-robbins/) > [My motivation has to do with what happened to my family. I want to help young people make important decisions at the most important…](https://sms4smile.com/quotes/george-chuvalo/my-motivation-has-to-do-with-what-happened-to-my-family-i-want-to/) [George Chuvalo](https://sms4smile.com/quotes/author/george-chuvalo/) > [Be willing to make decisions. That's the most important quality in a good leader. Don't fall victim to what I call the 'ready-aim-aim-aim-aim syndrome'.…](https://sms4smile.com/quotes/t-boone-pickens/be-willing-to-make-decisions-that-s-the-most-important-quality-in-a/) [T. Boone Pickens](https://sms4smile.com/quotes/author/t-boone-pickens/) > [Be willing to make decisions. That's the most important quality in a good leader.](https://sms4smile.com/quotes/anonymous/be-willing-to-make-decisions-that-s-the-most-important-quality-in-a-2/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## More by Lester Thurow > [A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.](https://sms4smile.com/quotes/lester-thurow/a-competitive-world-offers-two-possibilities-you-can-lose-or-if-you/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [“Probably no country has ever had as large a shift in the distribution of wealth \[as what we've seen in the U.S. in the…](https://sms4smile.com/quotes/lester-thurow/probably-no-country-has-ever-had-as-large-a-shift-in-the-distribution/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [We've believed for 50 years that the Japanese are small Americans who wanted to be like us. They are not.](https://sms4smile.com/quotes/lester-thurow/we-ve-believed-for-50-years-that-the-japanese-are-small-americans-who/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [Change requires individuals who recognize that new things can be done and who take the initiative to get them done ... The existing bureaucracies,…](https://sms4smile.com/quotes/lester-thurow/change-requires-individuals-who-recognize-that-new-things-can-be-done/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [Natural resources have dropped out of the competitive equation. In fact, a lack of natural resources may even be an advantage. Because the industries…](https://sms4smile.com/quotes/lester-thurow/natural-resources-have-dropped-out-of-the-competitive-equation-in/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [Technology and Ideology are shaking the foundations of 21st century capitalism. Technology is making skills and knowledge the only sources of sustainable strategic advantage.](https://sms4smile.com/quotes/lester-thurow/technology-and-ideology-are-shaking-the-foundations-of-21st-century/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [The old foundations of success are gone ... The world's wealthiest man, Bill Gates, owns nothing tangible: no land, no gold or oil, no…](https://sms4smile.com/quotes/lester-thurow/the-old-foundations-of-success-are-gone-the-world-s-wealthiest-man/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [AT&T invented the cellular telephone, but saw no future in it. It takes entrepreneurs, who are angels of destruction, to take advantage of things…](https://sms4smile.com/quotes/lester-thurow/at-t-invented-the-cellular-telephone-but-saw-no-future-in-it-it-takes/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [There is nothing antithetical in American history, culture, or traditions to teamwork. Teams were important in America's history - wagon trains conquered the West,…](https://sms4smile.com/quotes/lester-thurow/there-is-nothing-antithetical-in-american-history-culture-or/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [“No country without a revolution or a military defeat and subsequent occupation has ever experienced such a sharp a shift in the distribution of…](https://sms4smile.com/quotes/lester-thurow/no-country-without-a-revolution-or-a-military-defeat-and-subsequent/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [One of the peculiarities of economics is that it still rests on a behavioral assumption-rational utility maximization-that has long since been rejected by sociologists…](https://sms4smile.com/quotes/lester-thurow/one-of-the-peculiarities-of-economics-is-that-it-still-rests-on-a/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [If a group of people has no sense where they came from-it is difficult for them to have a sense where they should go.](https://sms4smile.com/quotes/lester-thurow/if-a-group-of-people-has-no-sense-where-they-came-from-it-is/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [Economists are always recommending the elimination of this or that market imperfection ... no astrophysicist recommends the elimination of planets that he does not like.](https://sms4smile.com/quotes/lester-thurow/economists-are-always-recommending-the-elimination-of-this-or-that/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) > [Without entrepreneurs, economies become poor and weak. The old will not exist, the new can't enter](https://sms4smile.com/quotes/lester-thurow/without-entrepreneurs-economies-become-poor-and-weak-the-old-will-not/) [Lester Thurow](https://sms4smile.com/quotes/author/lester-thurow/) [Explore all 15 Lester Thurow quotes ](https://sms4smile.com/quotes/author/lester-thurow/) ## More Decision quotes > [Making the right decision is hard,telling someone your decision is even harder.](https://sms4smile.com/quotes/abhishek-tiwari/making-the-right-decision-is-hard-telling-someone-your-decision-is/) [Abhishek Tiwari](https://sms4smile.com/quotes/author/abhishek-tiwari/) > [It is said that history turns on small hinges. A human career, too, results from an accumulating series of decisions about large and small…](https://sms4smile.com/quotes/norman-vincent-peale/it-is-said-that-history-turns-on-small-hinges-a-human-career-too/) [Norman Vincent Peale](https://sms4smile.com/quotes/author/norman-vincent-peale/) > [Elections belong to the people. It's their decision. If they decide to turn their back on the fire and burn their behinds, then they…](https://sms4smile.com/quotes/abraham-lincoln/elections-belong-to-the-people-it-s-their-decision-if-they-decide-to/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [Bush reiterated his stand to conservatives opposing his decision on stem cell research. He said today he believes life begins at conception and ends…](https://sms4smile.com/quotes/jay-leno/bush-reiterated-his-stand-to-conservatives-opposing-his-decision-on/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [“How can you make an informed decision about whether to save the world if you never leave your tiny part of it?”](https://sms4smile.com/quotes/shaun-david-hutchinson/how-can-you-make-an-informed-decision-about-whether-to-save-the-world/) [Shaun David Hutchinson](https://sms4smile.com/quotes/author/shaun-david-hutchinson/) > [Love is the foundation from which your decisions about your life should be made.](https://sms4smile.com/quotes/anonymous/love-is-the-foundation-from-which-your-decisions-about-your-life/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Indecision becomes decision with time.](https://sms4smile.com/quotes/anonymous/indecision-becomes-decision-with-time/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [If you think of people as making decisions actively, every time we think about the cup of coffee, we say, "How much will I…](https://sms4smile.com/quotes/dan-ariely/if-you-think-of-people-as-making-decisions-actively-every-time-we/) [Dan Ariely](https://sms4smile.com/quotes/author/dan-ariely/) > [It was a conscious decision on my part to take up fewer films. And if you're not seen that often on screen, nobody calls…](https://sms4smile.com/quotes/johnny-lever/it-was-a-conscious-decision-on-my-part-to-take-up-fewer-films-and-if/) [Johnny Lever](https://sms4smile.com/quotes/author/johnny-lever/) > [Decision is a risk rooted in the courage of being free.](https://sms4smile.com/quotes/paul-tillich/decision-is-a-risk-rooted-in-the-courage-of-being-free/) [Paul Tillich](https://sms4smile.com/quotes/author/paul-tillich/) > [I never think of things rationally or intellectually. I swear, every single decision I make is just instinct and my instincts tend to be…](https://sms4smile.com/quotes/neill-blomkamp/i-never-think-of-things-rationally-or-intellectually-i-swear-every/) [Neill Blomkamp](https://sms4smile.com/quotes/author/neill-blomkamp/) > [“it is either you happen to life or life happens to you.”](https://sms4smile.com/quotes/sesan-kareem/it-is-either-you-happen-to-life-or-life-happens-to-you/) [Sesan Kareem](https://sms4smile.com/quotes/author/sesan-kareem/) > [How strange that something so simple could have been instrumental in my decision to ruin one of my most relationships and friendships, and damage…](https://sms4smile.com/quotes/veronica-roth/how-strange-that-something-so-simple-could-have-been-instrumental-in/) [Veronica Roth](https://sms4smile.com/quotes/author/veronica-roth/) > [I am encouraged President Obama now says he will fulfill his constitutional obligation to seek authorization for any potential military action in Syria. This…](https://sms4smile.com/quotes/rand-paul/i-am-encouraged-president-obama-now-says-he-will-fulfill-his/) [Rand Paul](https://sms4smile.com/quotes/author/rand-paul/) > [In New York, you are constantly faced with this very urgent decision that you have to make, about every twenty minutes...you have to decide,…](https://sms4smile.com/quotes/david-cross/in-new-york-you-are-constantly-faced-with-this-very-urgent-decision/) [David Cross](https://sms4smile.com/quotes/author/david-cross/) [Browse all 9,145 Decision quotes ](https://sms4smile.com/quotes/about/decision/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Major investment decisions have become too important to be left to the private sector.", "creator": { "@type": "Person", "name": "Lester Thurow" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/lester-thurow/major-investment-decisions-have-become-too-important-to-be-left-to/", "about": { "@type": "Thing", "name": "Decision" }, "@id": "https://sms4smile.com/quotes/lester-thurow/major-investment-decisions-have-become-too-important-to-be-left-to/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png", "contentUrl": "https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png", "url": "https://sms4smile.com/quotes/i/100/lester-thurow-32621_decision_major-investment-decisions-have-become-t_2774886.png", "width": 1080, "height": 1080, "caption": "“Major investment decisions have become too important to be left to the private sector.” — Lester Thurow", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Lester Thurow", "item": "https://sms4smile.com/quotes/author/lester-thurow/" }, { "@type": "ListItem", "position": 4, "name": "Major investment decisions have become too...", "item": "https://sms4smile.com/quotes/lester-thurow/major-investment-decisions-have-become-too-important-to-be-left-to/" } ], "@id": "https://sms4smile.com/quotes/lester-thurow/major-investment-decisions-have-become-too-important-to-be-left-to/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```