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

A lot of singers think all they have to do is exercise their tonsils to get ahead. They refuse to look for new ideas and new outlets, so they fall by the wayside... I'm going to try to find out the new ideas before the others do.
Ella FitzgeraldRead
The day when a sportsman stops thinking above all else of the happiness in his own effort and the intoxication of the power and physical balance he derives from it, the day when he lets considerations of vanity or interest take over, on this day his ideal will die.
Pierre De CoubertinRead
You want to get rich in order that you may surround yourself with beautiful things, see distant lands, feed your mind, and develop your intellect; in order that you may love others and do kind things, and be able to play a good part in helping the world to find truth.
Wallace D. WattlesRead
Acquire Riches by Industry and Frugality.
Benjamin FranklinRead
The important thing is to keep playing, to play against weak opponents and to play for big stakes.
Warren BuffettRead
The competitor to be feared is one who never bothers about you at all, but goes on making his own business better all the time.
Henry FordRead

A little wisdom, now and then

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