Judith McKenna Quotes

One of the great responsibilities that I have is to manage my assets wisely, so that they create value.

The key, I think, from a business point of view, is to learn how to be efficient in making a record that's not too expensive, so that you're not going crazy spending tons of money making a product that might not ever return that money.

When a project has an ample budget, I am interested now in using bigger units of materials.

The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you.

As much as it's sometimes hard to make choices about where you invest, it's equally hard to make choices about where you don't invest and what you eliminate.

The Pentagon should use data to guide financial decision-making.

If we do another 'Deadpool,' we'd love to have more money for visual effects. But I don't think anybody does good with an excess of time or money.

I'm always investing and building things at the same time.

A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.

It is very likely that many firms spend more on advertising than, for their own best interests, they should.

The law of diminishing returns is something I really believe in.

Farmers the world over, in dealing with costs, returns and risks, are calculating economic agents. Within their small, individual, allocative domain, they are fine-tuning entrepreneurs, tuning so subtly that many experts fail to recognize how efficient they are.

The Interros strategy toward various assets generally depends on the stage of their development and level of their maturity.

Investing is for wealth preservation, not wealth creation, so first you have to make wealth.

Creating value isn't enough - you also need to capture some of the value you create.

That is what we know how to do better than anyone else: We know how to maximize value for our projects. If the government would like to hire my services to maximize value for their stake, they should approach me. No problem.

Our entire team is focused on managing this company for value - fixing or eliminating those operations that lessen value and expanding or adding those that enhance value.

You can't run a €10 million business the way you run a €1 million business.

Savings is the fundamental input for capital investment, and capital investment is the primary ingredient in productivity.

Free enterprise picks investments successfully by running millions of experiments, and the survival of a product depends on its producing more value per dollar of cost than other products do. Competition ruthlessly prunes products that fail to meet this threshold. The public sector works in the opposite way; it undertakes large investment with virtually no competition.

We have multiple challenges competing for finite resources—–and grotesque uncertainty with regard to the military budget.

The challenge of any business owner is not only to keep the saw sharp, but also to know if you even have a need for such a tool.

We think that excellence in investing comes from focus.

With the amount of fixed expense that goes into developing something like the BE-4 engine, you want it to be used as much as possible.

You can't look at the problem and say, 'I want them to do more, better, faster miracles - and not invest in research, not invest in development, and have those miracles delivered to me free.' It's unrealistic.