--- title: "Meaning & Key Takeaway of: It is the performance of the business…" description: "\"It is the performance of the business that matters. It is hard enough to figure out the future of the business. Do not try to figure out the future of ..." image: "https://sms4smile.com/quotes/i/d00/mohnish-pabrai-17471_business_it-is-the-performance-of-the-business-th_2993105.png" --- # It is the performance of the business that matters. It is… ![“It is the performance of the business that matters. It is hard enough to figure out the future of the business. Do not try to figure out the future of the country or the world; focus on the business.” quote by Mohnish Pabrai](https://sms4smile.com/quotes/i/d00/mohnish-pabrai-17471_business_it-is-the-performance-of-the-business-th_2993105.png) [Download](https://sms4smile.com/quotes/i/d00/mohnish-pabrai-17471_business_it-is-the-performance-of-the-business-th_2993105.png) [Open image](https://sms4smile.com/quotes/i/d00/mohnish-pabrai-17471_business_it-is-the-performance-of-the-business-th_2993105.png) > “It is the performance of the business that matters. It is hard enough to figure out the future of the business. Do not try to figure out the future of the country or the world; focus on the business.” [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Advocates concentrating on business fundamentals rather than macro predictions. **In simple terms:** Focus on business performance, not global forecasts. Key Takeaway Prioritize core business metrics. Themes business strategy focus pragmatism Mood pragmatic direct Type business motivational When to use this quote - entrepreneurship - investment - operational planning Key Concepts economics management Questions to Reflect On - What metrics best indicate business health? - How can you stay insulated from macro volatility? 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The…](https://sms4smile.com/quotes/marty-cagan/in-the-model-i-m-describing-it-is-management-s-responsibility-to/) [Marty Cagan](https://sms4smile.com/quotes/author/marty-cagan/) > [When it comes to people I love and care about, I may condense the time, but I'm giving them every ounce of my energy.…](https://sms4smile.com/quotes/jay-shetty/when-it-comes-to-people-i-love-and-care-about-i-may-condense-the-time/) [Jay Shetty](https://sms4smile.com/quotes/author/jay-shetty/) ## More by Mohnish Pabrai > [Entrepreneurs are great at dealing with uncertainty and also very good at minimizing risk. That's the classic great entrepreneur.](https://sms4smile.com/quotes/mohnish-pabrai/entrepreneurs-are-great-at-dealing-with-uncertainty-and-also-very/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [The essence of a good investment manager is one who studies a given business and extrapolates the future cash flows that the business is…](https://sms4smile.com/quotes/mohnish-pabrai/the-essence-of-a-good-investment-manager-is-one-who-studies-a-given/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [“Einstein also recognized the power of simplicity, and it was the key to his breakthroughs in physics. He noted that the five ascending levels…](https://sms4smile.com/quotes/mohnish-pabrai/einstein-also-recognized-the-power-of-simplicity-and-it-was-the-key/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [The single biggest advantage a value investor has is not IQ. It's patience and waiting. 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Their models made…](https://sms4smile.com/quotes/mohnish-pabrai/before-starting-my-own-investment-funds-the-only-models-i-was-aware/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [I have a hard time getting past the day without the nap, so the nap is a must.](https://sms4smile.com/quotes/mohnish-pabrai/i-have-a-hard-time-getting-past-the-day-without-the-nap-so-the-nap-is/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [We Americans love original ideas. But truly, there are already plenty of good ones out there, ours for the taking. If I were too…](https://sms4smile.com/quotes/mohnish-pabrai/we-americans-love-original-ideas-but-truly-there-are-already-plenty/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [The problem most nonprofits have is that they are run by romantics who are great to hang out with, but they have no clue.](https://sms4smile.com/quotes/mohnish-pabrai/the-problem-most-nonprofits-have-is-that-they-are-run-by-romantics/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [The stock knows that I bought it, and it decides, 'Mohnish is done. Now let's go down.'](https://sms4smile.com/quotes/mohnish-pabrai/the-stock-knows-that-i-bought-it-and-it-decides-mohnish-is-done-now/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [Mistakes are the best teachers. One does not learn from success. It is desirable to learn vicariously from other people's failures, but it gets…](https://sms4smile.com/quotes/mohnish-pabrai/mistakes-are-the-best-teachers-one-does-not-learn-from-success-it-is/) [Mohnish Pabrai](https://sms4smile.com/quotes/author/mohnish-pabrai/) > [ Wall Street sometimes gets confused between risk and uncertainty, and you can profit handsomely from that confusion. 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