Managers Quotations

Legg Mason's structure is misunderstood by the market. Legg Mason has an affiliate model. They own 100% of their affiliates, which are investment managers such as Permal, Western Asset Management, and Royce.

The world isn't fast-paced, it's frenetic. People have to be managers of themselves. Time has been managing itself for 15 billion years; we have to manage ourselves in the context of time.

After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means that going forward, and despite extraordinary past returns, even the top performers are expected to be only as good as a low-cost passive index fund. The other 97% can be expected to do worse.

There are no managers like there used to be managers.

I always liked Casey Stengel as a manager because he seemed to have a grasp of so many things.

Managerial discretion can take many forms, some very subtle. Individual managers may run slack operations; they may pursue subgoals that are at variance with corporate purposes; they can engage in self-dealing.

I'm not the manager because I'm always right, but I'm always right because I'm the manager.

Jobless workers, especially those out of work for months and years, don't have the skills to multitask in a fast-paced economy where medical workers need to know electronic record-keeping, machinists need computer skills, and marketing managers can no longer delegate software duties.

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

An investor doesn’t have a prayer of picking a manager that can deliver true alpha.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

When results aren't good the manager gets the sack, that's the game.

The owners and managers were too stupid to realize we had brains.

The No. 1 criticism most managers get is that they don't ever change or wait too long to make changes... It's very simple: Either things are performing or they're not. And if it's not performing, we have to make changes.

One skill of a great entrepreneur is to get a whole complicated discussion and then say, 'We're going to do this one and we're only going to do this one'. Managers are good at prioritizing. Entrepreneurs know what is the one thing.

I moved to Princeton, Indiana, and became a professional Farm Manager for that Princeton Farms.

Politicians or pundits can distort or cherry-pick climate science any way they want to try and gain temporary influence with the public. But any serious industrialist who's facing 'climate exposure' - as it's now called by money managers - cannot afford to engage in that sort of self-delusion.

Managers don't have as much leverage as they used to have. We can't really be the boss.

The key to management is to get rid of the managers.

The greatest manager has a knack for making ballplayers think they are better than they think they are.

What I would say about Barney Eastwood is that when our relationship worked, it worked extremely well. He had a lot of strengths as a promoter and a manager.

We must have the time to create strict rules so that property is not sold by Communist managers for a low price. They often get payments under the table to sell to the first bidder. This does not build public support for a market economy.

Most of the managers are lifetime .220 hitters. For years pitchers have been getting these managers out 75% of the time and that's why they don't like us.

Asset managers have different approaches, and I don't wish to suggest there is only one way to run money. There are many ways one can attempt to reduce risk, improve performance, lower drawdowns and reduce volatility.

People aren't going to talk about it except me and that is communication and the visits I have personally had in our meetings with our store managers saying if you do these things you will be terminated, period.

Some hedge fund managers have made big bucks trading oil futures - George Soros is one.

My most romantic job: I was a manager at Baskin-Robbins.

The manager asks how and when; the leader asks what and why.

The manager is to be blamed who distributes parts to his players which they are unable to act.

I've never had a manager, and I've had various agents, and, fortunately or unfortunately, I've been blessed.

Managers are important: they are leading the company and guiding and have to provide vision and manage the daily business.

Most people think of leaders as being these outgoing, very visible, and charismatic people, which I find to be a very narrow perception. The key challenge for managers today is to get beyond the surface of your colleagues. You might just find that you have introverts embedded within your organization who are natural-born leaders.

In the '70s and '80s, what private equity did is it changed corporate America. It started holding companies accountable, and for the first time managers started thinking like owners.

Of the 25 songs we've recorded there were 24 that we wanted to have on an album. That wouldn't have worked. So when one of our wise managers suggested the idea of considering two different album, it cleared the way for us.

When the Americans are behind you, they're behind you 100%, and this gives you real confidence as an architect. They expect you to lead a building project - to make the kind of big and costly decisions that, in Britain, have been handed over to project managers and cost-cutters.

My main regret about my years in football was keeping my mouth shut like a little mouse, not daring to speak out because I was told you left the managers to get on with the job and that the chairman must never interfere with the manager's decisions or the performance of his team.

As social is where consumers' eyeballs are, businesses must take ownership of their online company profiles. By providing their customers with a place to share content, social media managers can monitor and track content which directly relates to their brand.

I came back to do a live concert. Nobody had done that before and I know my managers were worried.

Companies and managers that find a way to harness social media stand to gain.

Millions have been taken from me. If you are not on top of it and you make a lot of money, and you trust business managers, then, yes, money will be taken from you.

I think that, too many times, business has been seen as acting in its narrow self-interest rather than, essentially, contributing more broadly to society. I think a lot of that is unintentional; I don't think that many managers are deliberately trying to be unethical or are not trying to be sensitive to social needs.

I've been told I'm a good midcareer manager.

The biggest cowards are managers who don't let people know where they stand.

My manager is definitely a mentor as well as Usher.

When choosing between two similar applicants, hiring managers are increasingly turning to social media outlets to supplement information they are unable to glean from applications or interviews.

Executives don't burn out and leave when they feel deep satisfaction. They don't create the human detritus that disgruntled managers do.

I hit a grand slam off Ron Herbel and when his manager Herman Franks came out to get him, he was bringing Herbel's suitcase.

But when the 'Glee' audition came around, my manager literally had to talk me into it. I was petrified to sing in front of anyone.

Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.

My manager and my agents, they go over my contracts.

I've played under some of the biggest and best managers and achieved almost everything in football. Of course it hurts when people question it, but I've come to the end of my career and can look back and say I've achieved everything with every club that I've played for.

You, your employer and your plan's investment managers fail to follow even the most basic rules of investing. You overtrade, chase performance, do not think long term. All of you - All Of You - have done a horrible job managing your retirement plans.

The more books there are on shelves, the more will be sold. Once you get to the level of The Secret and have 40-100 copies in many stores, managers have almost no choice but to put them in prime real estate like front-of-store, end caps, or front window.

Mutual fund managers want your money in their funds. They get paid based on assets under management.

Our view is that younger customers love our digital offering, our mobile banking applications and so on. Older customers expect relationship managers and want much more personal attention in terms of their needs.

You know, I'm not in a hurry, and everybody else in Hollywood - particularly agents and managers - they're all in a hurry.

The longer people are unemployed, the less employable they become. Skills become rusty; managers look more suspiciously at someone who has been out of work for years than a candidate already employed.

Among all the upheavals of war with al Qaeda, the surest indicator of the historic stakes is the ongoing rotation of top U.S. government managers - scores at a time - into a bunker deep underground and far from Washington.

I always thought there were some people who were just destined to be disengaged in their jobs because that was their personality, and no matter how hard managers tried, there wasn't much they could do with some of those people.

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.

A lot of camps and summer programs for kids seem to have discovered that among the most valuable things they offer is what they don't offer. No Wi-Fi. No grades. No hovering parents or risk managers or parents who parent like risk managers.

World War II made prosperous the United States, which had been undergoing a depression for a dozen years, and made very rich those magnates and their managers who govern the republic - with many a wink - in the people's name.

The other two are protection of biodiversity and preservation of the local ranching economy. We have a guiding framework that's helping managers plan for their individual parcels with all those goals in mind.

The people who own Internet stocks are taking on a very high level of risk. Myself and most of the other managers at the conference are concerned about people who own and trade those stocks not understanding the risks they're taking.

The point of the book was to give fans an inside look at what a general manager does, in terms of personal interaction, in terms of trade-making, in terms of issues that general managers deal with. In this case, I thought I had an opportunity, with literary license, to show a very human side of him. If his point is, 'OK, John, that was a private conversation and I would prefer that you keep it that way,' I understand that.

We applaud the courageous person that made this referral, and congratulate our investigators and fiscal managers that have worked hundreds of hours investigating this case. We mean business when we say we are going to clean up programs and run a tighter ship. We will urge prosecution to the full extent of the law for those who abuse the system and misuse public resources taking them away from those who need them most. This agency is on course to reform its operations; those that are defrauding DSS may want to consider coming forward of their own accord.

We are seeing a lot of managers, especially those for whom valuation is really important . . . build up cash stakes that are higher than historical averages. It's something we are seeing some very good managers do right now.

There are certainly plenty of opportunities to put $500 million worth of capital in the hedge fund space. I think by and large Yale is looked upon as a preferred investor, and therefore I think a lot of managers would be open to having discussions with them.

We strongly dispute the claim that the behavior of some store managers reflected a corporate plan devised to further the company's position during the prolonged labor negotiations.

When you've been in the game as long as I have, you know the managers you've played for, the good ones and the bad ones. Even the good ones get fired.

If you have managers reporting to managers in a startup, you will fail.

We're going to play to win, but as managers we also have the responsibility to have these guys ready for the regular season.

Unions do believe in proper regulation - but this initiative shows workplaces can do even better when managers and employees work together.

U.S. investment managers are bullish on large-cap growth based on what they know, what they believe and what they expect. Managers know that the economy has been resilient through some challenging times, they believe that the long-awaited swing from value to growth stocks has begun and still has some ways to go, and they expect the Fed to stop raising rates before short-term rates inflict any significant damage to economic growth.

Years later, I was in Baltimore one day and I talked to (then-manager) Johnny Oates. He said, 'You changed the game. You created the ninth-inning pitcher.' I said, 'It was the managers who did it. They started holding back their best relief pitchers to get saves.'

Top doctors, I have come to believe, are as big a menace to your health as top money managers are to your bank account. They are almost never available to talk to.

Three years from now or two years from now, there's still going to be the same mess. It's still too big, too complicated, too many people. Until they solve that fundamental problem, the best managers in the world are still not going to get Windows to ship on time.

We're putting what little money we have into the system so that managers and agency heads can reward their employees.

We knew this would happen because players are competitive and they do what they have to do to win the game. So this is how the players and the managers have asked us to do handle it.

We know how important the final of this Cup is. The incident is not serious. Both managers had the same idea. Someone must be sensible.

We're seeing a little turnaround, after so much negative news. It's also the end of the quarter, so portfolio managers need to do a little window dressing.

My manager says we've been working with the FDA on this.

The one thing I hate about other managers is waffle that is nowhere near the truth. I would never conduct myself like that.

We want to streamline the management and admin staff of the business and get our managers closer to the business to deliver that better leadership and get the right people in the right jobs.

I think corporate managers should learn to be better investors because it would make them better managers.

When John (Giles) was manager of Ireland, much as he loved me, he still dropped me.

We developed this system to aid other workflows. If you don't have the right people reporting to the right people, the routing won't work. The great thing is that it reduces the data entry at the back end and empowers the managers and employees on the front end to make transactions.

There are no emergency managers at any level in the Department of Homeland Security. It's all law enforcement. It doesn't look like anyone's in charge to me because the system has been deconstructed.

The Onscreen Financial Statement converts data into useful and actionable business information. Managers can identify and assess vulnerable areas for one or all of their stores. It helps them to keep pace with daily business activities and mitigates negatives month-end impacts.

... The fact that middle managers think their companies are mismanaged is particularly alarming.

The process relies heavily on general managers and player personnel directors whose daily responsibility is to handicap the draft and evaluate players. As we get closer to the draft, they have a pretty accurate idea as to team needs. And certainly they're pretty accurate in most cases.

We're hearing from a lot of value-oriented managers that they're taking this opportunity to move into stocks with growth prospects. My goodness, Cisco is in the portfolio right now, which isn't something that Windsor shareholders might be expecting.

This quarter was a great way to kick-off 2006. We attribute our success to our ability to meet the rising demand for software services that help online marketers and IT managers more effectively manage and deliver their Web sites. Throughout 2006, we expect this momentum to continue as we debut additional services and integration with strategic partners while upholding our unparalleled standard for customer service.

This program allows lenders to build a risk preparedness model to respond to future disasters. In addition, the graphical representation allows managers to quickly assess and communicate the risk to their business in the event of a disaster.

People join organizations, they leave managers.

When the horn did it at the end, and it was blaring in my ears, I put the managers on the line and made them run. How funny do you think that was to our players?

The Principal(R) is very pleased to provide employees of our home state a robust investment platform that includes the Principal Investors Funds LifeTime Funds--a simple, yet powerful way to invest effectively for retirement. Principal LifeTime options give participants easy access to portfolios professionally managed to a specific retirement year. Through the partnership with Nationwide, State of Iowa employees will have access to well known investment managers and some of the most thorough due diligence processes in the industry.

We've never been compared to the Dow. No managers use the Dow as a benchmark.

We're sensing that corporate IT managers are now trying to offer workers a more flexible lifestyle, with the ability to access applications and data from anywhere.