QuoteProject
I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people.
Jeffrey R. Immelt
ShareWTF𝕏

Interpretation

What this quote means

Success involves being prepared for uncertainties and relying on strong relationships and resources.

This quote emphasizes the importance of managing risks and having financial stability in the face of uncertainty. It highlights that in order to succeed, one must be willing to invest even without clear outcomes, while also acknowledging the value of surrounding oneself with capable and trustworthy individuals.

Themes

Risk ManagementCashInvestmentUncertaintyPeople

In practice

Example use cases

In a business meeting about future investments where uncertainty is discussed.

More from Jeffrey R. Immelt

Leadership is an intense journey into yourself. You can use your own style to get anything done. It's about being self-aware. Every morning, I look in the mirror and say, 'I could have done three things better yesterday.'
Jeffrey R. ImmeltRead

Similar quotes

I want to be remembered like Pete Rose. 'Charlie Hustle.' I want people to say, 'Wherever he was, he was always giving it his all.'
Walter PaytonRead
I like putting money back into what made my life, and tennis has been great to me.
Billie Jean KingRead
I have always been selling. I always had something going on. That was just my nature.
Mark CubanRead
What if getting bigger isn't the point? What if you merely got better?
Seth GodinRead
By this measure (on the gap between Fischer & his contemporaries), I consider him the greatest world champion
Garry KasparovRead
Creating value isn't enough - you also need to capture some of the value you create.
Peter ThielRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.