Books are the quietest and most constant of friends; they are the most accessible and wisest of counselors, and the most patient of teachers.
Charles William EliotRead
All business proceeds on beliefs, or judgments of probabilities, and not on certainties.
Interpretation
Business decisions are based on beliefs and probabilities rather than sure outcomes.
The quote by Charles William Eliot emphasizes that in the world of business, actions and strategies are driven more by beliefs and estimations of future events rather than solid certainties. This highlights the inherent uncertainty in business operations, where leaders must make informed judgments based on incomplete information, thereby navigating risks and opportunities through their understanding and perception of the market.
In practice
A speaker at a business conference discussing market strategies could use this quote to illustrate the importance of intuition.
Books are the quietest and most constant of friends; they are the most accessible and wisest of counselors, and the most patient of teachers.
The best way to secure future happiness is to be as happy as is rightfully possible to-day.
Books are the quietest and most constant of friends; they are the most accessible and wisest of counsellors, and the most patient of teachers.
Books are the quietest and most constant of friends.
In a commodity business, it's very hard to be smarter than your dumbest competitor.
Helping doing business easier, we choose the name Alibaba because it is a global company. It is founded in China, but it was created for the world.
The NBA is never just a business. It's always business. It's always personal. All good businesses are personal. The best businesses are very personal.
I think I've realized that business and being polite [don't] match. You can be fair, but me being polite was not me being fair to myself.
If you can tune into the fantasy life of an 11-year-old girl, you can make a fortune in this business.
There's nothing worse that you can do than create an aura about a company that's not substantiated by fact. It's not only ineffective but actually harmful to the company. You can create an image or whatever, but it won't stick.
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