Opus Business Quotes

Siquid desit in annum, uti paretur: quae supersint, ut veneant: quae opus sint locato, locentur: quae opera fieri velit et quae locari velit, uti imperet et ea scripta relinquat... Patrem familias vendacem, non emacem esse oportet. Give orders that whatever may be lacking for the current year be supplied; that what is superfluous be sold; that whatever work should be let out be let. Give directions as to what work you want done on the place, and what you want let out, and leave the directions in writing... The master should have the selling habit, not the buying habit.

Vidal could not not work hard (“I find that when I do not write, I do not think”). He agreed to do a teleplay for NBC about Abraham Lincoln, which soon grew into the novel that would be his magnum opus and most successful book. Work was fueled by coffee (“This stuff has killed more writers than liquor”) and a desire to stave off the melancholy of middle age. So he kept busy (“The mind that doesn’t nourish itself devours itself”). By

Siquid desit in annum, uti paretur: quae supersint, ut veneant: quae opus sint locato, locentur: quae opera fieri velit et quae locari velit, uti imperet et ea scripta relinquat... Patrem familias vendacem, non emacem esse oportet.

Penetration was unnecessary, he explained, because the Church was already there—in Catholics who were busy at their work. He told an interviewer: “I hope the time will come when the phrase ‘the Catholics are penetrating all sectors of society’ will go out of circulation because everyone will have realized that it is a clerical expression…. [They] have no need to ‘penetrate’ the temporal sector for the simple reason that they are ordinary citizens, the same as their fellow citizens, and so they are there already.

Having just been named the number one business school in the world by The Economist, the institution’s plans were already underway to assemble a large research team in the city, which would be tasked with advising the country’s largest companies on important topics such as globalization, innovation, regulation, and corporate governance.

One respected Swiss theologian, who would later become an advisor to two popes, dismissed The Way, the founder’s seminal work, as nothing more than a “handbook for senior scouts” and openly criticized Opus Dei for “purchasing” spirituality through its various business interests. “Purchased spirit is a contradiction in itself,” he surmised.

a man of business and seems kind,’ that

The full treatment of the formal theory of how to make decisions in risky situations—called expected utility theory—was published in 1944 by the mathematician John von Neumann and the economist Oskar Morgenstern. John von Neumann, one of the greatest mathematicians of the twentieth century, was a contemporary of Albert Einstein at the Institute of Advanced Study at Princeton University, and during World War II he decided to devote himself to practical problems. The result was the 600-plus-page opus The Theory of Games and Economic Behavior, in which the development of expected utility theory was just a sideline. The way that von Neumann and Morgenstern created the theory was to begin by writing down a series of axioms of rational choice. They then derived how someone who wanted to follow these axioms would behave. The axioms are mostly uncontroversial notions such as transitivity, a technical term that says if you prefer A over B and B over C then you must prefer A over C. Remarkably, von Neumann and Morgenstern proved that if you want to satisfy these axioms (and you do), then you must make decisions according to their theory. The argument is completely convincing. If I had an important decision to make—whether to refinance my mortgage or invest in a new business—I would aim to make the decision in accordance with expected utility theory, just as I would use the Pythagorean theorem to estimate the altitude of our railroad triangle. Expected utility is the right way to make decisions.