Strategy Quotes - page 12
The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it. In stating this opinion, we define risk, using dictionary terms, as "the possibility of loss or injury."
Warren Buffett
Our first objective in undertaking the experimental program described here has been to gain some understanding of what goes on in long sequences of plays of Prisoner's Dilemma. We have attempted to gain this understanding by postulating a system going through a sequence of states and by attempting to formulate some mathematical models from which the dynamics of the system could be deduced. Once such a model is found, its parameters, properly interpreted, become the key terms in the emerging psychological theory. This strategy can be deemed successful, if the parameters so discovered are independent of the process itself, if they suggest further investigation, and if the further investigations, in turn, lead to a more inclusive theory.
Anatol Rapoport
I was supporting the Buddhists. But the, the Buddhists in a a general uh strategy. You know, we have uh...India, Burma, Cambodia...uh Vietnam, Taiwan, and Japan. What we call that...it's a Yellow Bear. Yellow Bear to stop the red invasion. That's a kind of, of uh, uh...religion side of the fight again the Communists. So I was for the organization of kind of international Buddhists. And if you remember, we had a headquarters, international Buddhists at that time, in Saigon to all, to buil-build its forces, to face Communists red, "vague" of red, you know, invasion from the China, Indochina or Russian.
Nguyen Khanh
That's what torture does: it creates a miasma of unknowing, about as dangerous a situation in wartime as one can imagine. This hideous fate was made possible by an inexperienced president with a fundamentalist psyche and a paranoid and power-hungry vice-president who decided to embrace "the dark side" almost as soon as the second tower fell, and who is still trying to avenge Nixon. Until they are both gone from office, we are in grave danger - the kind of danger that only torturers and fantasists and a security strategy based on coerced evidence can conjure up.
Andrew Sullivan
One thing we have got to change in our strategy - allowing Office documents to be rendered very well by other peoples browsers is one of the most destructive things we could do to the company. We have to stop putting any effort into this and make sure that Office documents very well depends on PROPRIETARY IE capabilities.
Bill Gates
Another characteristic of the A. R. F.'s "Western"-dependent strategy is its complete disregard for the need to transfer the Armenian armed struggle to the historic Armenian homeland, the need to build a mass-based guerrilla force closely aligned with Turkish and Kurdish revolutionaries. Many appeals in A. R. F. literature and propaganda are directed to "international public opinion" and other non-Armenian audiences. Meanwhile, few appeals are directed to the Armenian people themselves...
Monte Melkonian
...In essence, the A. R. F.'s present strategy does not differ from the strategy it pursued at the turn of the [20th] century. The A. R. F. viewed its armed propaganda as a means of introducing the "Armenian Cause" (Hai Tad) into the arena of international politics. In fact, almost all of the A. R. F.'s tactics, armed or not, are still aimed at somehow convincing "Western" governments and diplomatic circles to sponsor the party's demands... This strategy is very dependent on foreign initiatives, and it implies a belief that the Armenian people's future cannot be determined primarily by the Armenian people themselves.
Monte Melkonian
Active defence is also known as offensive defence, or defence through decisive engagements. Passive defence is also known as purely defensive defence or pure defence. Passive defence is actually a spurious kind of defence, and the only real defence is active defence, defence for the purpose of counter-attacking and taking the offensive. As far as I know, there is no military manual of value nor any sensible military expert, ancient or modern, Chinese or foreign, that does not oppose passive defence, whether in strategy or tactics. Only a complete fool or a madman would cherish passive defence as a talisman.
Mao Zedong
The episode in Sodom is undoubtedly the earliest account in human history of the entrapment of homosexuals, a strategy widely practiced by the law enforcement agencies of modern Western countries, especially those of the United States. In effect, the men of Sodom were entrapped by two strangers, who in truth were not travelers but angels, that is to say, God's plain-clothesmen. These agents of the Biblical vice-squad wasted no time punishing the offenders.
Thomas Szasz
Stalin's strategy at the end of World War II was to acquire a small "buffer zone between Russia and Germany, consisting of Estonia, Latvia, Lithuania, Poland, Czechoslovakia, Hungary, Romania, Bulgaria, Yugoslavia, Albania, and most of Germany. In an effort to garner public support in these nations, Stalin mounted a public-relations campaign around the upbeat theme "Maybe We Won't Have Your Whole Family Shot," and in 1945 Eastern Europe decided to join the Communist bloc by a vote of 28,932,084,164,504,029-0. Heartened by this mandate, Stalin immediately ordered construction work to begin on the Iron Curtain, which was given its name by Sir Winston Churchill, who, in a historic anecdote at a dinner party, said, "Madam, I may be drunk, but an iron curtain has descended upon BLEAAARRRGGGHHH."
Dave Barry
