Business Quote by Matthew Specktor
“I think having power ingrains people with a conservatism. There's a tendency to hedge one's bets. (Which explains a lot, actually, about why the movie business is the way it is, and why the publishing industry is too.)”
About This Quote
Source Essay: Power and Conservatism, 2015
Power tends to make people cautious and risk‑averse, leading to hedging behavior.
In simple terms: Power breeds caution.
Key Takeaway
Be aware of how power influences decision‑making.
Themes
power
conservatism
risk
decisionmaking
Mood
thoughtful
analytical
Type
critical
philosophical
When to use this quote
- leadership roles
- business negotiations
- creative projects
- policy making
Key Concepts
psychology
political economy
Questions to Reflect On
- How does power affect your own choices?
- When might hedging be beneficial?
A Different Perspective
Power can also inspire bold innovation when checked.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)