In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense read more

In its famous paradox, the equation of money and excrement, psychoanalysis becomes the first science to state what common sense and the poets have long known -- that the essence of money is in its absolute worthlessness.

Business is never so healthy as when, like a chicken, it must do a certain amount of scratching for what read more

Business is never so healthy as when, like a chicken, it must do a certain amount of scratching for what it gets.

The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion read more

The problem with the person who thinks he's a long-term investor and impervious to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.

The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more

The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.

My father taught me to work; he did not teach me to love it.

My father taught me to work; he did not teach me to love it.

We are all manufacturers. Making good, making trouble, or making excuses.

We are all manufacturers. Making good, making trouble, or making excuses.

Whenever an individual or a business decides that success has been attained, progress stops.

Whenever an individual or a business decides that success has been attained, progress stops.

I don't want to do business with those who don't make a profit, because they can't give the best service.

I don't want to do business with those who don't make a profit, because they can't give the best service.

Money is something you got to make in case you don't die.

Money is something you got to make in case you don't die.