Mohnish Pabrai Quotes

Economy consists in a due and proper application of the means afforded according to the ability of the employer and the situation chosen; care being taken that the expenditure is prudently conducted.

For resourceful tech founders, finding capital is rarely a problem; making the best use of it is another story. A few years slinging pepperoni pies and chicken wings - on tiny margins and with minimal investment - might not be the worst fiscal training.

Then, again, the ability to organize and conduct industrial, commercial, or financial enterprises is rare; the great captains of industry are as rare as great generals.

In the not-for-profit world, there can be wastefulness because there's not the desperate urgency of when you're on a clock.

The 9/11 Commission strongly recommends that the National Intelligence Director be fully in control of the budget, from developing it to implementing it, to ensuring that the National Intelligence Director has the clout to make decisions.

Because Tom Doherty and people like that are not stupid. If they could have streamlined their operation more to get more money out of it, they would have done it. It's not like they're a bunch of idiots.

A man to carry on a successful business must have imagination. He must see things as in a vision, a dream of the whole thing.

Young film makers should learn how to deal with the money and learn how to deal with the power structure. Because it is like a battle.

It will be a great day when our schools have all the money they need, and our air force has to have a bake-sale to buy a bomber.

I have a good eye for great projects, talent, and entrepreneurs.

Adhering to budgeting rules shouldn't trump good decision-making.

When it comes to fundraising for a social enterprise, if you are pursuing your true passion, you'll learn to become great at your craft because you'll care so much about perfecting the skills necessary to make that dream a reality.

Business is war! Its leaders are strategic commanders, who boldly snatch victory from the jaws of defeat - and who perform other acts of derring-do. This kind of talk sounds great in the boardroom, and, for that matter, in the bookstore, where dozens of authors counsel would-be corporate warriors.

The bottom line is, I hear my donors, I hear our base out there, I hear the leadership. And we're taking steps to make sure that we're even more - how shall we say it - fiscally conservative in our spending and certainly making sure the dollars are there when it's time to run our campaigns.

Twenty-eight years in business and you understand the importance of problem solving and the importance of efficiency, because if you don't become efficient, you don't run a business well, and you are out of business. And I think some of those principles could be applied to leadership in Washington.

He works his business and manipulates and keeps himself in front of the world.

This industry is 90 percent business, 10 percent talent.

Being a successful CEO, where I've driven a bottom line, assembled teams, driven results, that's a critical benefit to running the state government.

Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.

The budget evolved from a management tool into an obstacle to management.

The State of Virginia is similar to a great business corporation... and should be conducted with the same efficiency and economy as any private business.

Managing university finances is very tricky business. We're nonprofits. We're not supposed to accumulate large surpluses.

We ought to start running the government like a private-sector business. I have that ability as CEO of our companies. I have line item vetoes, and if I didn't, we'd probably be out of business by now.

The new rule of thumb is that 80% of a president's time must be spent in raising funds for their schools.

Our biggest single theme is trying to make the NIH work better with the same amount of money.