Concentrate your energy, thought and capital exclusively upon the business in which you are engaged... 'Don't put all your eggs in one basket' is all wrong. I tell you 'put all your eggs in one basket, and then watch that basket.'
Engineering talent is the most precious resource for any technology company - Palantir and Addepar are successful first and foremost because of their top tech cultures, and the same is true for our best portfolio companies at 8VC.
Every dollar needlessly spent on our military … diminishes our overall security.
Marketing and innovation produce results; all the rest are costs.
Throughout U.S. history, competent public investments have been an essential complement to private investments - from the Louisiana Purchase, to land-grant colleges, to the Interstate Highway System, to the Internet.
Our stay-put behavior reflects our view that the stock market serves as a relocation center at which money is moved from the active to the patient.
People who add value to others do so intentionally. I say that because to add value, leaders must give of themselves, and that rarely occurs by accident.
You have to build businesses for longer term.
It's not given to human beings to have such talent that they can just know everything about everything all the time. But it is given to human beings who work hard at it - who look and sift the world for a mispriced bet - that they can occasionally find one. And the wise ones bet heavily when the world offers them that opportunity. They bet big when they have the odds. And the rest of the time they don't. It's just that simple.
We will see growth in the U.S., and we will selectively acquire in the U.S., but we prefer to use our global opportunity.
Borrowing for expansion is one thing; borrowing to make up for mismanagement and waste is quite another.
A market downturn, doesn't bother us. For us and our long term investors, it is an opportunity to increase our ownership of great companies with great management at good prices. Only for short term investors and market timers is a correction not an opportunity.
The strategic plan to transform Valeant smartly focuses on rebuilding the company's core franchises in ophthalmology, dermatology, and gastroenterology while simultaneously using the proceeds from the sale of non-core assets and operating cash flow to de-lever the company.
Our diplomacy and development budget is not just about reducing spending and finding efficiencies. We need a frank conversation about what we stand for as that 'shining city on a hill.' And that conversation begins by acknowledging that we can't do it on the cheap.
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.
I believe our foreign assistance should be scrutinized, should be debated, and that we should strike the right balance, but in all cases the foreign assistance that we provide around the world should be used to further our national security interests.
Towards the end of 2005, Ineos acquired Innovene, the petrochemicals arm of BP, for $9 billion. It quadrupled the size of Ineos overnight and brought with it some of the world's largest industrial sites.
Lethargy bordering on sloth remains the cornerstone of our investment style. The exception was Wells Fargo, a superbly-managed, high-return banking operation in which we increased our ownership to just under 10%, the most we can own without the approval of the Federal Reserve Board.
Anybody who can improve the business in the long run is a good buyer.
You must take risks, both with your own money or with borrowed money. Risk taking is essential to business growth.
Foreign aid is neither a failure nor a panacea. It is, instead, an important tool of American policy that can serve the interests of the United States and the world if wisely administered.
Invest in the millenium.
We need to invest in a way that makes sure we've got the workforce we need in the future.
Nation’s that don’t invest in the future tend not to do well there.
India is an important market for Ericsson, not only as a telecom market but also as a global hub for R&D.
