All business proceeds on beliefs, or judgements of probabilities, and not on certainties.
Sentiment: NEGATIVE
If there's one thing that's certain in business, it's uncertainty.
Business is all about risk taking and managing uncertainties and turbulence.
Sometimes the probabilities are very close to certainties, but they're never really certainties.
Judgment is not my business. Existing is my business.
But individuals and firms spend an enormous amount of resources acquiring information, which affects their beliefs; and actions of others too affect their beliefs.
All business success rests on something labeled a sale, which at least momentarily weds company and customer.
Business underlies everything in our national life, including our spiritual life. Witness the fact that in the Lord's Prayer, the first petition is for daily bread. No one can worship God or love his neighbor on an empty stomach.
From principles is derived probability, but truth or certainty is obtained only from facts.
What I learned is that in business you must make decisions based on facts, not react with your heart.
Philosophy goes no further than probabilities, and in every assertion keeps a doubt in reserve.