Profit Taker Quotes

We've searched our database for all the quotes and captions related to Profit Taker. Here they are! All 14 of them:

The shareholders who financed the risk taking had no real understanding of what the risk takers were doing, and, as the risk taking grew ever more complex, their understanding diminished. All that was clear was that the profits to be had from smart people making complicated bets overwhelmed anything that could be had from servicing customers, or allocating capital to productive enterprise.
Michael Lewis (The Big Short: Inside the Doomsday Machine)
Obama’s claims about teachers and CEOs gets to a broader puzzle about how a capitalist society assigns rewards. At first glance, it seems that there is no relationship between merit and reward. Athletes and entertainers, who provide services much less indispensable than teachers and doctors, earn vastly more than either of those two professions. Earlier I mentioned the example of the parking lot guy who parks all the cars and makes money for the resort, yet he gets a pittance of that money. From his point of view, there is no relationship between work and reward. He does the work, and “they” get the profits. This is pretty much how workers feel in a variety of occupations. They are the “makers” and their bosses are the “takers.” In a truly fair and merit-based society, they should get more and the bosses should get less. These arguments are, whether their proponents recognize it or not, anchored in Karl Marx’s notion of “surplus value.” Marx is largely discredited today, because Communism proved a failure, and Marx’s prophecies proved dead wrong.
Dinesh D'Souza (America: Imagine a World Without Her)
Yes” is nothing without “How.” While an agreement is nice, a contract is better, and a signed check is best. You don’t get your profits with the agreement. They come upon implementation. Success isn’t the hostage-taker saying, “Yes, we have a deal”; success comes afterward, when the freed hostage says to your face, “Thank you.
Chris Voss (Never Split the Difference: Negotiating as if Your Life Depended on It)
The best CEOs recognize this dynamic and, in turn, approach setting the direction of their company with a different mindset. They embrace uncertainty with a view that fortune favors the bold. They’re less a “taker” of their fate and more a “shaper”—constantly looking for and acting on opportunities that bend the curve of history. CEOs who embrace this mindset are well aware that only 10 percent of companies create 90 percent of the total economic profit (profit after subtracting the cost of capital) and that the top quintile performers deliver thirty times more economic profit than the companies in the next three quintiles combined. And here’s the kicker: The odds of moving from being an average performer to a top-quintile performer over a ten-year period are only one in twelve.
Carolyn Dewar (CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest)
Skepticism is the elegance of wisdom—but too much skepticism gets you drunk with impasse. You want to be a risk-taker who loves uncertainty. Skepticism doesn’t mean inaction but rather taking advantage of your doubts and questions—turning them into gold and profit.
Vizi Andrei (The Sovereign Artist: Meditations on Lifestyle Design)
3. MIGRATE YOUR DNA New products require new capabilities. Equally, new products can result from the unique character and living expansion of your firm. No two species are identical. Neither are two ventures. The mix of founders and early employees is unique. Nobody will ever do things quite the way you do. The more different you can make your firm, the better. Intelligently, of course, ★ hire and promote people who have similar attitudes to the target market; ★ hire people who get on well with each other and go the extra mile for customers and colleagues; ★ hire people who have a high ratio of smarts to cost - younger or from neglected talent pools; ★ hire risk-takers, experimenters, explorers, oddballs, and those with a restless spirit; ★ train on the job; team novices with senior role models; concentrate on the few things customers like most, that can be done with least effort and cost; ★ make your venture bright, quirky, colourful, distinctive, fun and highly commercial - thrilling customers at a high profit for the firm. Encourage smart experiments at every level, in every way, at every time. Make it a way of life in your firm. Then, sooner or later, your star will emerge. LEK did not start by migrating its product. First we migrated its DNA, then we created products we were uniquely able to sell. This goes against the grain, but it works!
Richard Koch (The Star Principle: How it can make you rich)
The global financial crisis was caused by excesses of the liberal system of regulations and the belief that a completely free market will allow enormous innovation and allocate capital to the most profitable enterprises with the highest returns. Once the Federal Reserve Chairman decided it was not necessary to regulate derivatives and supervise them, the fuse was lit. Once you find that you can mash up a lot of good and bad assets in one bundle and pass on your risk all around Europe and other parts of the world, you have started something like a Ponzi scheme which must come to an end sometime…The business of a person in a financial institution is to make the biggest profit for himself, so just condemning the bankers and the profit takers does not make sense. You have allowed these rules, and they work within these rules.
Graham Allison (Lee Kuan Yew: The Grand Master's Insights on China, the United States, and the World (Belfer Center Studies in International Security))
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Roman
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Binance
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Alex Hormozi ($100M Money Models: How To Make Money)
Never did a book reveal such truths, Why seek a name? It matters not; The boundless found a shape and form In sacrifice's sacred knot. Oh see, what is possession's worth If it knows not to offer its all? Things pass away. Aid them in passing, Lest life from a hidden crack should fall. Forever, be the giver, not the taker. The mule, the cow—all press their way To where the king’s image, like a child, Is sated, smiles, and softly lays. His temple breathes unceasing calm, He takes and takes, yet grants reprieve, So gentle even, the princess's hand Holds the papyrus bloom, but does not cleave. Here, sacrifice’s paths are cut, The Sunday rises, ungrasped by weeks. Man and beast drag gains aside, Unseen by gods, as profit speaks. Though hard, commerce bends to will, Earth cheapened, tamed by practiced skill, But one who pays the ultimate price, Surrenders all—they too are sacrificed.
Rainer Maria Rilke
Never did a book reveal such truths, Why seek a name? It matters not; The boundless found a shape and form In sacrifice's sacred knot. Oh see, what is possession's worth If it knows not to offer its all? Things pass away. Aid them in passing, Lest life from a hidden crack should fall. Forever, be the giver, not the taker. The mule, the cow—all press their way To where the king’s image, like a child, Is sated, smiles, and softly lays. His temple breathes unceasing calm, He takes and takes, yet grants reprieve, So gentle even, the princess's hand Holds the papyrus bloom, but does not cleave. Here, sacrifice’s paths are cut, The Sunday rises, ungrasped by weeks. Man and beast drag gains aside, Unseen by gods, as profit speaks. Though hard, commerce bends to will, Earth cheapened, tamed by practiced skill, But one who pays the ultimate price, Surrenders all—they too are sacrificed. (Translation by CoPilot AI)
Rainer Maria Rilke (Samtliche Werke (Poems translated in Romanian))