Peter Drucker Quotes

My experience has taught me that in such a case a quick decision prevents bitterness.

The actions you plan to take and the actions you actually decide to take [in a crisis] are not always the same.

There is some risk involved in action, there always is. But there is far more risk in failure to act.

I am not going to make decisions based on barricades and blockades, nor am I going to make decisions based on the short-term volatility of the oil price.

I know what I want to do and it makes sense to get going.

There is a time to let things happen and a time to make things happen.

Your decision to walk creates the path ahead

Being on the outside of something, watching someone make a risky decision, it's so easy to judge someone for that. But when you're in it, it's impossible to see it.

We don't let a car company just throw out a car and start driving it around without checking that the wheels are fastened on. We know that would result in death; but for some reason we have no hesitation at throwing out some algorithms untested and unmonitored even when they're making very important life-and-death decisions.

The only way to make the right decision is to find out which is the wrong decision, to examine that other path without fear, and only then decide.

As an entrepreneur making decisions for your company, always go back to your first principles of what's important to you and why you started in the first place.

Decisions are always made with insufficient information. If you really knew what was going on, the decision would make itself.

We make investment decisions based on our evaluation of the most profitable combination of probabilities.

My point taken further is that True and False (hence what we call "belief") play a poor, secondary role in human decisions; it is the payoff from the True and the False that dominates-and it is almost always asymmetric, with one consequence much bigger than the other, i.e., harboring positive and negative asymmetries (fragile or antifragile). Let me explain.

Experience taught me to listen to your gut, no matter how good something sounds on paper.

Before I make an action, think about the consequences. ... Any decision I make is a heavy decision.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test. The main difference is that the hypothesis that underlies an investment decision is intended to make money and not to establish a universally valid generalization.

Count the cost first. Don’t pay too big a price for pursuing minor values.

When faced with a decision, many people say they are waiting for God. But I understand, in most cases, God is waiting for me.

you must be careful never to allow doubt to paralyze you. always take the decisions you need to take, even if you're not sure you're doing the right thing. You'll never go wrong if, when you make a decision, you keep in mind an old German proverb: 'The devil is in the detail.' Remember that proverb and you'll always be able to turn a wrong decision into a right one.

Sometimes the hardest thing to do in a pressure situation is to allow the tension to persist. The temptation is to make a decision, any decision, even if it is an inferior choice.

Most of our decisions are driven by either love or fear. Figure out who's doing the talking, then decide what you'll do.

Making an investment decision is like formulating a scientific hypothesis and submitting it to a practical test.

June smiled. "So what will it be? Safety, or a future of pain and possibility?"

Don’t be scared... Be positive... Please don’t think that your life is about to end... Take the right advice and act as soon as you can... If there’s an issue in your system, don’t ignore it.