There is a time for weighing evidence and a time for acting. And if there's one thing I've learned throughout my work in finance, government, and conservation, it is to act before problems become too big to manage.
Henry PaulsonRead
I've always said to everyone that ever worked for me, if you get too dug in on a position, the facts change, and you don't change to adapt to the facts, you will never be successful.
Interpretation
What this quote means
Adaptability to changing facts is crucial for success.
This quote by Henry Paulson emphasizes the importance of being flexible and open-minded in the face of new information or changing circumstances. It warns against becoming too rigid in one's beliefs or positions, as this could lead to failure in achieving success when faced with evolving realities.
Themes
AdaptabilitySuccessChangeFactsFlexibility
In practice
Example use cases
During a team meeting to discuss project strategies, this quote can be shared to encourage adaptability.
More from Henry Paulson
All quotes →In all my life, I've been trained that when there's a big problem, you run toward it.
Henry PaulsonRead
Complexity and interconnectedness matter as much as size in assessing risk in banking.
Henry PaulsonRead
Every global concern - economic, environmental or security-related - can be addressed more effectively when the U.S. and China work together.
Henry PaulsonRead
I think history shows that countries have to have some kind of a threshold level of economic success before they begin to have the means and the will to focus on the environment.
Henry PaulsonRead
A single agency responsible for systemic risk would be accountable in a way that no regulator was in the run-up to the 2008 crisis. With access to all necessary information to monitor the markets, this regulator would have a better chance of identifying and limiting the impact of future speculative bubbles.
Henry PaulsonRead
Similar quotes
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.
Paul Tudor JonesRead
An exceptional company is the one that gets all the little details right.
Richard BransonRead
I appreciate all my fans, on all occasions, everyday of my life. Its your presence & your loyalty that has given me great strength
Michael JacksonRead
Wealth isn't always measured in dollar signs. We each have time, talent and creativity, all of which can be powerful forces for positive change. Share your blessings in whatever form they come and to whatever level you have been blessed.
Jon M. Huntsman Sr.Read
If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.
Frederick W. SmithRead
Success each day should be judged by the seeds sown, not the harvest reaped.
John C. MaxwellRead