I just finished up the 75th anniversary issue of Fortune ( Sept 26, 2005). Its a great issue, and there are lot of things inside to share. Of course, as a businessman, and an avid writer, I particularly agree that ” Modern business is the greatest journalistic assignment in history.”
Here’s some more gems. ” Over the long run, the stock will behave itself. ” — Warren Buffet
” We are not a family business, we are a family in business.” - heirs of Estee Lauder as they try to prove that the third generation family will do an even better job on managing the business.
What Thomas Friedman has accomplished ( author of ” The world is Flat”), is also what I aspire for. This is what somebody said of him, ” He is an intellectual entrepreneur. Entrepreneurship in the business world is about a guy who has the best idea and acts very quickly to get his product to market. He’s the equivalent of that.”
” The word Abracadabra is the only 11 letter word that you can type out on the left hand side of the keyboard” — this is according to Warren Buffett as told to Fortune writer, Carol Loomis.
Ask if Fortune practices sex discrimination, Wyndham Robertson, a former Fortune assistant managing editor is purportedly have said, ” We’d hire an orangutan if it could write.”
Here are also some interesting facts.”
The US Treasury has assets of $237 billion and liabilities of $4.4 trillion, as of Sept 2004.
The next frontier on making the cell phone sound better is to have louder speakers, and the way to do it is to see how to use the surface of the display screen as speaker.