It's Not Luck

The paper suffers all dreams

we shouldn’t assume ignorance or incompetence on the part of managers. We should assume that they are captured in a conflict that is preventing them from doing the right thing

A knight who doesn’t believe in the Holy Grail will never find it.

Vultures deserve whatever is coming to them, I think to myself.

Two sections of the market are called segmented from each other if and only if changes in prices in one section do not cause any changes in the other section.

untie the knot.

I guess that was always the case; slave drivers always lived in better conditions than the slaves.

That’s the danger of using common sense, when the entire industry is using common nonsense. Things change above you and you are forced back.

To accomplish flexibility of the work force, you have to segment your market and not your work force.

“There is no absolute competitive edge, it’s just a window of opportunity, which will be closed.”