Share this sentence
— Charlie Munger"For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood."
Discover more quotes
Previous Quote
While the importance of a strong brand is widely understood, nothing is as misunderstood in American business as the question of how to use it.
— David F. D'Alessandro
Next Quote
Every company in America should be on its knees thanking Jesus for being born. Without Christmas, most American businesses would be far less profitable. More than enough reason for business to be screaming 'Merry Christmas.'
— Bill O'Reilly
Loading recommended content...