(Extracted from Bloomberg on Bloomberg) We have no reserved parking spaces for senior executives. If you want to leave your car right by the door, just come in earlier. Creating class distinctions isn’t...
(Extracted from Bloomberg on Bloomberg) We handle perks differently, too. At Bloomberg, as you get promoted and your compensation increases, you aren’t expected to work less and take more vacations. Quite the...
(Extracted from Bloomberg on Bloomberg) I’ve always believed that management’s ability to influence work habits through edict is limited. Ordering something gets it done, perhaps. When you turn your back,...
(Excerpt from Bloomberg on Bloomberg) Humans are loath to change and nervous about anything difficult to understand. More capabilities, better efficiency, increased reliability, fewer controls—all are benefits buyers...
(Extracted from Bloomberg on Bloomberg) The risks attendant with developing technology I think properly belong to the manufacturer or software writer. They get the profits if it works; they should take the grief if...
(Extracted from Bloomberg on Bloomberg) Another software development practice I started at Salomon (and apply at Bloomberg today) was to insist on an explanation from the programmers of what they were trying to do...
(Extracted from Bloomberg on Bloomberg) Don’t devise a Five-Year Plan or a Great Leap Forward. Central planning didn’t work for Stalin or Mao, and it won’t work for an entrepreneur either. Slavishly follow a...
(Extracted from The Intelligent Investor by Benjamin Graham) If most secondary issues tend normally to be undervalued, what reason has the investor to believe that he can profit from such a situation? For if it...
(Extracted from The Prince by Niccolo Machiavelli) People should either be caressed or crushed. If you do them minor damage they will get their revenge; but if you cripple them there is nothing they can do. If you...
(Extracted from The Founder) I want to take the future, I want to win, and you don’t get there by being aw-shucks nice guys sap. There’s no place in business for people like that. Business is war. It’s dog eat...
