"If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers."

#Trading Floor Quotes #Looks Quotes #Phantoms Quotes

“The problem with most failing businesses is not that their owners don?t know enough about finance, marketing, management, and operations - they don?t, but those things are easy enough to learn - but that they spend their time and energy defending what they think they know. My experience has shown me that the people who are exceptionally good in business aren?t so because of what they know but because of their insatiable need to know more.”
“I feel like utopia is neither here nor there. It's in that sort of space where you feel the most present, and that can be on tour [or] at home. It's easier to get to that place on tour because your environment is constantly changing, and from a very primal, evolutionary perspective, you have heightened awareness when you're in an unfamiliar place, so it's easier to access that state.”
“My father read GÃ¼nter Grass. He introduced me to German literature. I believe the first book I read by a German author was from Grass. After that, Thomas Mann accompanied me for a few years during my literature studies. I tried again and again to read the original German text, but I never really succeeded.”
“I am god...to the dislexic segment of the population.”
“I can get more out of God by believing Him for one minute than by shouting at Him all night.”
“A flower is a miracle, but it does not have the sight or speech to describe us. And our own ability is no greater than that flower when we try to describe God. His infinity covers not only one planet, but the entire solar system and 100 billion suns. That doesn't mean he is limited in his ability to be part of you.”
“Rather fail with honor than succeed by fraud.”
“Science and technology contribute to the fast-expanding vocabularies of all living civilized tongues at a faster rate than all other fields of human endeavor put together.”

Source : Mario Pei (1965). “The Story of Language”

You may also like:

Carl Icahn
Businessman
Charlie Munger
Business person
David Einhorn
Hedge fund manager
David Tepper
Manager
Edward Lampert
Businessman
John Paulson
Manager
Ray Dalio
Businessman
Warren Buffett
Investor
Daniel S. Loeb
Manager