Writing · Operations / Property Management

2023-10-19
“You never can tell whether bad luck may not, after all, turn out to be good luck.” — Winston Churchill "I recall one story when Arco was celebrating making a lot of money on its oil fields. Their house counsel was an Irish guy who could get away with saying things, so he said: 'I want to toast the guy who really deserves the credit for our success: Here's to King Faisal! All the predictions we made were wrong, costs were way over budget, etc. But along came King Faisal, who formed a cartel [OPEC, caused the price of oil to soar, and made us a fortune.'" "That is the kind of toast you seldom hear in corporate life, because it'll get you fired. But I love the kind of man who'll make a toast like that -a credit to the human race and an ornament to the civilization. Anyone who can join that [group], do so." - MUNGER
Operations / Property ManagementHiring / People / LeadershipMindset / Mental Models / Decision Making

View original on LinkedIn

← Back to writing