Lee > Lee 's Quotes

“Success leaves traces. —John Templeton”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“need to know three things to evaluate a CEO’s greatness: the compound annual return to shareholders during his or her tenure and the return over the same period for peer companies and for the broader market (usually measured by the S&P 500).”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“It is impossible to produce superior performance unless you do something different. —John Templeton”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“The business of business is a lot of little decisions every day mixed up with a few big decisions.”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“There is a fundamental humility to decentralization, an admission that headquarters does not have all the answers”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“hire the best people you can and leave them alone.”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“Here’s the key to understanding risk: it’s largely a matter of opinion.”
― Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

“when risk bearing doesn’t work, it really doesn’t work, and people are reminded what risk’s all about.”
― Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

“Risk means uncertainty about which outcome will occur and about the possibility of loss when the unfavorable ones do.”
― Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

“One of the most important decisions any CEO makes is how he spends his time—specifically, how much time he spends in three essential areas: management of operations, capital allocation, and investor relations.”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“After orbiting the moon, mundane business problems did not faze him.”
― William N. Thorndike, The Outsiders: Eight Unconventional CEOs and Their Radically Rational Blueprint for Success

“The Englishman does not so much make English civilization as it makes him; if he carries it wherever he goes, and dresses for dinner in Timbuktu, it is not that he is creating his civilization there anew, but that he acknowledges even there its mastery over his soul.”
― Will Durant, The Lessons of History

“The moral of the story? Beware of intellectuals who make a monotheism out of their theories of motivation.”
― Jordan B. Peterson, Beyond Order: 12 More Rules for Life