Money quotes
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Contents
William_Ian_Beardmore_Beveridge
Role of Hypothesis
“The role of hypothesis in research can be discussed more effectively if we consider first some examples of discoveries which originated from hypotheses. One of the best illustrations of such a discovery is provided by the story of Christopher Columbus’ voyage; it has many of the features of a classic discovery in science. (a) He was obsessed with an idea—that since the world is round he could reach the Orient by sailing West, (b) the idea was by no means original, but evidently he had obtained some additional evidence from a sailor blown off his course who claimed to have reached land in the west and returned, (c) he met great difficulties in getting someone to provide the money to enable him to test his idea as well as in the actual carrying out of the experimental voyage, (d) when finally he succeeded he did not find the expected new route, but instead found a whole new world, (e) despite all evidence to the contrary he clung to the bitter end to his hypothesis and believed that he had found the route to the Orient, (f) he got little credit or reward during his lifetime and neither he nor others realized the full implications of his discovery, (g) since his time evidence has been brought forward showing that he was by no means the first European to reach America.”
- Source: W. I. B. Beveridge in his book ‘The Art of Scientific Investigation’ published in 1950 by William Heinemann, London, page 41.
- See also:
- Keywords: Hypothesis_quotes Research_quotes Discovery_quotes Exploration_quotes Evidence_quotes Money_quotes Experiment_quotes Belief_quotes Perseverance_quotes Reward_quotes Role_quotes Disscussion_quotes Effective_quotes Consider_quotes Example_quotes Originate_quotes Best_quotes Illustration_quotes Provide_quotes Story_quotes Voyage_quotes Feature_quotes Classic_quotes Science_quotes Obsess_quotes Idea_quotes World_quotes Round_quotes Orient_quotes Sail_quotes Original_quotes Obtain_quotes Additional_quotes Sailor_quotes Blow_quotes Course_quotes Claim_quotes Reach_quotes Land_quotes Return_quotes Great_quotes Difficult_quotes Money_quotes Enable_quotes Test_quotes Find_quotes Expect_quotes Route_quotes Despite_quotes Contrary_quotes Cling_quotes Bitter_quotes End_quotes Little_quotes Credit_quotes Lifetime_quotes Realize_quotes Full_quotes Implication_quotes Time_quotes Show_quotes First_quotes European_quotes America_quotes
Robert_N_Britcher
Up Front Time and Money
“Put enough time and money into any project, up front, and it will fail.”
- Source: Britcher, Robert N. (1999). The Limits of Software: People, Projects, and Perspectives. Reading, MA: Addison Wesley. ISBN 0-201-43323-0. Page 187.
- Keywords: Time_quotes Money_quotes Project_quotes Up_Front_quotes Failure_quotes Budget_quotes Front_quotes
Warren_Buffett
Money Versus Business
“So as a practical matter we need management with the businesses that we buy and three times out of four thereabouts the manager is the owner and is receiving tens of millions maybe hundreds of millions of dollars so they don't have to work and we have to decide in that time when we meet them whether they love the business or love money... I'm not making a moral judgment about whether it's better to love the business or love money but it's very important for me to know which which of the two is the primary motivator with them... so all all we have to do is avoid anything that on our part that diminishes that love of the business or makes other conditions so intolerable that they overcome that love of the business. We have a number of people working for us that have no financial need to work at all and they probably outwork 95 percent or more of the people in the world and they do it because they just they love smacking the ball.”
- Source: YouTube Video: '"Why I Fire People Every Day" - Warren Buffett'. Channel: 'Freenvesting'. Retrieved 2024-02-20 from https://youtu.be/bHB8NLY-870?si=BOzpUlSFCWpclZkK at 00:22.
- Keywords: Practical_quotes Matter_quotes Management_quotes Business_quotes Owner_quotes Receive_quotes Money_quotes Work_quotes Decide_quotes Love_quotes Morality_quotes Judgment_quotes Knowledge_quotes Diminish_quotes Motivator_quotes Primary_quotes Avoid_quotes Condition_quotes Intolerable_quotes Overcome_quotes People_quotes Financial_quotes Need_quotes Outwork_quotes Do_quotes Smack_quotes Ball_quotes
Edward_Bulwer-Lytton
Almighty Dollar
"My father died shortly after I was twenty-one; and being left well off, and having a taste for travel and adventure, I resigned, for a time, all pursuit of the almighty dollar, and became a desultory wanderer over the face of the earth."
- Source: Edward Bulwer-Lytton, The Coming Race (1870), Chapter 1.
- Notes: This is the origin of the phrase "pursuit of the almighty dollar". Washington Irving coined the expression almighty dollar itself.
Samuel_Butler
Scientific Mind
"The best class of scientific mind is the same as the best class of business mind. The great desideratum in either case is to know how much evidence is enough to warrant action. It is as unbusiness-like to want too much evidence before buying or selling as to be content with too little. The same kind of qualities are wanted in either case. The difference is that if the business man makes a mistake, he commonly has to suffer for it, whereas it is rarely that scientific blundering, so long as it is confined to theory, entails loss on the blunderer. On the contrary it very often brings him fame, money and a pension. Hence the business man, if he is a good one, will take greater care not to overdo or underdo things than the scientific man can reasonably be expected to take."
- Source: Samuel Butler, Henry Festing Jones (ed.), The Note-Books of Samuel Butler (1917), 217.
- Keywords: Mind_quotes Science_quotes Business_quotes Evidence_quotes Action_quotes Desire_quotes Mistake_quotes Suffering_quotes Theory_quotes Fame_quotes Money_quotes Best_quotes Desideratum_quotes Warrant_quotes Buy_quotes Sell_quotes Content_quotes Difference_quotes Blunder_quotes Pension_quotes Overdo_quotes Underdo_quotes
Sam_Cutler
Americana
"The Grateful Dead didn't really care about, you know, having a particularly, commercially, successful record. And they certainly didn't care about making lots of money. ... something very interesting happened at the time that I joined them, not that it had anything to do with me I hasten to add, which was the Grateful Dead, I think, my view of it is, is that they were attempting to redefine, as every generation of American artists does, what it means to be an American artist. What in fact it means to be an American. Artists in America constantly struggled with this. They want to define what America is. They want to discover what America is. They want to find some clue to what it means to be American. Americans have got this very, very strange and interesting pre-occupation with the discovery of what constitutes America. What it is. In America, people leave home and go out in search of America. People in England don't set out and leave home and go in search of England. That would be quite preposterous."
- Source: Sam Cutler, Documentary "Long Strange Trip", Episode 2, Act II.
- See Also:
- Keywords: America_quotes Record_quotes Art_quotes Artists_quotes Commercial_quotes Money_quotes Discovery_quotes Search_quotes Absurdity_quotes Grateful_quotes Dead_quotes Care_quotes Success_quotes Time_quotes Redefine_quotes Generation_quotes Struggle_quotes Clue_quotes Constitute_quotes People_quotes Home_quotes England_quotes Preposterous_quotes
Henry_Ford
Capital
“Capital that is not constantly creating more and better jobs is more useless than sand. Capital that is not constantly making conditions of daily labour better and the reward of daily labour more just, is not fulfilling its highest function. The highest use of capital is not to make more money, but to make money do more service for the betterment of life. Unless we in our industries are helping to solve the social problem, we are not doing our principal work.”
- Source: Henry Ford. A book. Entitled My Life and Work. Written by Henry Ford in collaboration with Samuel Crowther. Published 1922, Garden City, NY: Doubleday. Chapter XIII.
- See Also:
- Keywords: Capital_quotes Create_quotes Constant_quotes Better_quotes Job_quotes Uselessness_quotes Sand_quotes Labor_quotes Justice_quotes Fulfill_quotes Function_quotes High_quotes Money_quotes Life_quotes Industry_quotes Society_quotes Problem_quotes Work_quotes Principal_quotes Reward_quotes Daily_quotes Service_quotes Help_quotes Solve_quotes
Steve_Jobs
Show_Them
“We have a lot of customers, and we have a lot of research into our installed base. We also watch industry trends pretty carefully. But in the end, for something this complicated, it's really hard to design products by focus groups. A lot of times, people don't know what they want until you show it to them. That's why a lot of people at Apple get paid a lot of money, because they're supposed to be on top of these things.”
- Source: Steve Jobs as quoted in an interview entitled “Steve Jobs: There's Sanity Returning” published in BusinessWeek, 1998-05-25. Interviewed by Ira Sager, Peter Burrows, and Andy Reinhardt. Online at https://web.archive.org/web/19991110003323/http://www.businessweek.com/1998/21/b3579165.htm retrieved 2024-05-28.
- See Also:
Baruch_Spinoza
How Much Money
“they who know the true use of money, and who fix the measure of wealth solely with regard to their actual needs, live content with little.”
- Source: A book. Entitled Ethics. Written by Baruch Spinoza. Originally published 1677. Online at https://en.wikisource.org/wiki/Ethics_(Spinoza). Translated from Latin by R. H. M. Elwes. Part IV, Prop. XXIX.
