BusinessQuotes

Valentino, Bottom line vs. famous and happy

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  • Valentino’s partner comments that the new investor/owners are more ‘concerned with the bottom line.’ His strategy was always to make Valentino ‘famous and happy.’

  • — Valentino, Bottom line vs. famous and happy
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Now, speculation – in which the focus is not on what an asset will produce but on what the next fellow will pay for it – is neither illegal, immoral, nor un-American. But it is not a game in which Charlie and I wish to play. We bring nothing to the party, so why should we expect to take anything home? - alluding to why he and his partner avoid speculation.

—Warren Buffett (1930-) American Investor
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