Larry Ellison: Primary goal versus primary role

“A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others.”

—Larry Ellison. 


Grace Kelly: Indiscreet 

“I’ve been accused of being cold, snobbish, distant. Those who know me well know that I’m nothing of the sort. If anything, the opposite is true. But is it too much to ask to want to protect your private life, your inner feelings? Lots of things touch me and I don’t want to be indiscreet.”

—Grace Kelly. 

Warren Buffett: Really wonderful businesses

“A really wonderful business is very well protected against the vicissitudes of the economy and competition over time. And I’m talking about businesses that are resistant to effective competition. Three of those will be better than 100 average businesses. And they’ll be safer. There’s less risk in owning three, easy-to-identify, wonderful businesses than in owning 50 well known and big businesses. Bad things won’t happen to those three. That’s one of the characteristics of a wonderful business. If my own family’s fortunes for the next 30 years were dependent on the income from a group of businesses, I can assure you that I’d rather pick three businesses from those we own than own a diversified group of 50.”

—Warren Buffett.