The key thing in management is goal setting. In medicine, goal-based approach is particularly important. Management should be aimed at minimizing health damage and, with a high degree of correlation, at reducing mortality
Dayodhuam: I have heard the key Turn in the door once and turn once only We think of the key, each in his prison Thinking of the key, each confirms a prison.
Better take the keys and drive forever. Staying won't put these futures back together. All the perfect drugs and superheroes wouldn't be enough to bring me back to zero.
The sea, washing the equator and the poles, offers its perilous aid, and the power and empire that follow it... ''Beware of me,'' it says, ''but if you can hold me, I am the key to all the lands.
Dayodhuam: I have heard the key Turn in the door once and turn once only We think of the key, each in his prison Thinking of the key, each confirms a prison.
Who gave thee, O Beauty,
The keys of this breast,--
Too credulous lover
Of blest and unblest?
Say, when in lapsed ages
Thee knew I of old?
Or what was the service
For which I was sold?
One of the absolute rules I learned in the war was, don't know anything you don't need to know, because if you ever get caught they will get it out of you.
Surely we cannot take an open question like the supernatural and shut it with a bang, turning the key of the madhouse on all the mystics of history. You cannot take the region of the unknown and calmly say that, though you know nothing about it, you know all the gates are locked. We do not know enough about the unknown to know that it is unknowable.
Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.
I have noticed in every campaign that I have fought-that there is a key segment of time, somewhere between 13 and 15 minutes in which the battle is won or lost. I focus on that segment of time, and I win.
The key to investing is not assessing how much an industry is going to affect society, or how much it will grow, but rather determining the competitive advantage of any given company and, above all, the durability of that advantage.