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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
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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.

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