It's one of the most important things at the end of the day, being able to say no to an investment.
Henry KravisRead
To understand KKR, I always like to say, don't congratulate us when we buy a company. Any fool can buy a company. Congratulate us when we sell it and when we've done something with it and created real value.
Interpretation
What this quote means
The true measure of success in business is not just acquiring companies but creating lasting value from them.
Henry Kravis emphasizes that the act of purchasing a company is not inherently impressive, as it can be done by anyone. The real achievement lies in the ability to enhance the company's value and sell it successfully, reflecting not just business acumen but the creation of tangible results and impact.
Themes
SuccessValueBusinessAchievementImpact
In practice
Example use cases
During a business conference when discussing investment strategies.
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