Breaking Business News | Breaking business news AM | Breaking Business News PM | Business News Select | Link from bio | Quotes

Quote: Socrates

1 Sep 2022

20220824_GobalAdvisors_Marketing_Quotes_Socrates_AR

“Smart people learn from everything and everyone, average people from their experiences, stupid people already have all the answers.” — Socrates

Related

Download brochure

"If we want #AI to favor #democracy and individual #rights, we are going to have to fight for that outcome."

"It’s my guess that powerful AI could at least 10x the rate of these discoveries, giving us the next 50-100 years of biological progress in 5-10 years."

“I think that most people are underestimating just how radical the upside of AI could be, just as I think most people are underestimating how bad the risks could be.”

“Build a company that benefits from the model getting better and better ... I encourage people to be aligned with that.”

Our #Spotify #podcast - https://globaladvisors.biz/spDDPod - explores why most #mergers and #acquisitions fail to create value and provides a practical guide to performing a strategic due diligence process.

“Building a business - man that's the brass ring: the rules still apply. You can do it faster than ever before and better than ever before, but you still have to build a business.”

"We're making this analogy that AI is the new electricity. Electricity transformed industries: agriculture, transportation, communication, manufacturing."

“Is it perfect? No. Is it as good as my executive team? No. Is it really, really valuable, so valuable that I talk to ChatGPT every single day? Yes.”

Our Spotify #podcast explores the relationship between #return on Net Assets (RONA) and #growth, arguing that both are essential for shareholder value creation. The hosts contend that focusing solely on one metric can be detrimental, and propose a framework for evaluating business portfolios based on their RONA and growth profiles. This approach involves plotting business units on a “market-cap curve” to identify value-accretive and value-destructive segments.

Our latest podcasts on Spotify