Money Quote by Paul B. Carroll and Chunka Mui

Situations emerge in the process of creative destruction in which many firms may have to perish that nevertheless would be able to live on…

— Joseph A. Schumpeter

“this book will teach you three powerful lessons: how you can minimize the odds of suffering irreversible losses; how you can maximize the chances…

— Benjamin Graham

The federal government needs a strategic approach that includes strong leadership and the ability to manage weather related risks. The challenge of developing such…

— Matt Cartwright

Strategy is all about combining choices of what to do and what not to do into a system that creates the requisite fit between…

— Constantinos C. Markides

“Strategy can be viewed as building defenses against the competitive forces or finding a position in the industry where the forces are weakest. P.35”

— Michael E. Porter

“When thinking about risk, rather than making things unnecessarily complicated, there are really two main things you should want to know about an investment…

— Joel Greenblatt

The threat from extreme weather events highlights the importance of investing in preparedness.

— Sheri Fink

We're certainly interested in maximizing our return and doing it - we're interested in maximizing our return, but we're also interested in doing it…

— Warren Stephens

Strategy is about shaping the future.

— Max McKeown

As an investor my job is to figure out what will happen rather than what should happen.

— David Einhorn

“A strategy is not permanent. It’s like water, it will keep changing itself as the obstacles come.”

— Pooja Agnihotri

Limiting the destructive risk-taking by large financial firms and banks which are 'too big to fail' is needed.

— Sharan Burrow