Ted Waitt Quotes

Buying a company that is number one in its business is hard to do. When something is for sale, it's often not a leader.

You don't get a chance to buy a company like NBCUniversal unless it's not doing well.

I don't think it's a good idea to plan to sell a company.

We understand that the real market value of Blockbuster may never be fully realized as a wholly owned part of Viacom.

Let me tell you, one of the most proud aspects of my career was buying Indymac during the financial crisis.

We like to buy businesses, but we don't like to sell them.

It used to be that you would go in to see a CEO, and you would ask them, 'Is your company for sale?' and if they said 'No, we have no interest in selling,' that was sort of the end of the conversation.

My guess is that Apple won't just pass Microsoft in market capitalization, but will go way beyond it.

If I'm on the board of any company where there's an offer that comes in, I want to negotiate.

Goodrich is a perfect addition to our Hamilton Sundstrand business. And with a strong portfolio of complementary products, Goodrich also brought great leadership balance, great opportunities to provide more integrated systems.

Ozon.ru is made up of four businesses. Ozon.ru is an online retailer, O'Courier focuses on shipping, Ozon.Travel, and our most recent acquisition, Sapato, the leading online shoe and accessory retailer.

Murdoch paid too much for the Wall Street Journal even when he didn't have any competition.

If you've done a bit of journalism, everyone assumes you must be moving into PR. We're absolutely not becoming a PR agency and we're not turning into Brunswick. We will remain SRU, but we will be owned by the Brunswick Group. It's quite different.

There could be no better time to fully integrate Infinity with Viacom's tremendous portfolio of assets. Infinity is performing at record levels and continues to generate a tremendous amount of free cash flow that will now fully benefit Viacom.

You cannot exist as a $20 billion company with speculation.

Travelex has grown into a global business in just 25 years. The acquisition of Thomas Cook's Global & Financial Services has created a business that would have had a combined turnover of U.S. $28.4 billion in 2000.

I want to go public because I have the right reason to go public - because the benefits outweigh the costs.

Everyone recognizes that's a joke because obviously the number and shape of the pieces doesn't affect the size of the pizza. And similarly, the stocks, bonds, warrants, etc., issued don't affect the aggregate value of the firm.

I had come out of retirement into a very difficult situation with the PeopleSoft takeover, got through it, and was having a good time, frankly. We just ran out of runway at PeopleSoft. Had we had another year, maybe two years, I think we would have made it.

But once you buy a company, you are married. You are married to that company.

I learned so much in the year after Flickr was acquired. People forget, but Flickr launched in February 2004. And a year later, the deal was done with Yahoo, and we closed it in March of 2005. It was really independent for a relatively short period of time.

I don't invest in companies where my mental model is that they need to get themselves acquired in the next few years - or ever.

Everyone has the idea of owning good companies. The problem is that they have high prices in relations to assets and earnings, and that takes all of the fun out of the game.

The Internet is a powerful way to make lots of money... But we are not going to buy Yahoo!

It's better to take over and build upon an existing business than to start a new one.