"It’s simply to say that managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation."
Management is the administration of organizations, whether businesses, nonprofit organizations, or government bodies through business administration, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations.
"the net effect of increasing scale, centralization of capital, vertical integration and diversification within the corporate form of enterprise has been to replace the invisible hand of the market by the visible hand of the managers."
"Most managers receive much more data (if not information) than they can possibly absorb even if they spend all of their time trying to do so. Hence they already suffer from an information overload."
"I think managers have realized that most software people are slightly brain damaged, that theyre off on their own planets."
"I think that not relying too heavily on one bank and one bank manager is a good rule to learn."
"A managers to give advice, not to physically get involved."
"Managers are to information as alcoholics are to booze. They consume enormous amounts, constantly crave more, but have great difficulty in digesting their existing intake."