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You just have to be opportunistic, and
try to figure out what creates value..
where the bottom is, what creates incremental
value, and in what combinations.
John
Malone - Opportunity
- Investing
What you really are afraid of is that
you're competing against somebody who
is rich and irrational. I mean, it used
to be a given, a saying in the industry:
Don't ever bid against Rupert
Murdoch for anything Rupert wants,
because if you win you lose. You will
have paid way too much.
John
Malone - Winning
- Losing
- Rich
- Assets
The fact that equities are being sold
down, despite the lowest interest rates
in recent history, simply means that the
market doesn't see growth ahead for very
many businesses.
John
Malone - Investing
- Markets
- Growth
Synergies are something that the CEO basically
has to force to happen, because organizations
are, generally, like bodies in motion
that tend to stay in motion. It's very
hard to get big organizations to change.
And it takes really a very powerful mandate
to force things to happen.
John
Malone - Management
- Change
- Power
Synergy is the driver. There are two levels
of synergy: there are operating synergies,
which, you know, you'd have to be stupid
not to try to take advantage of, and then
there are strategic synergies. In other
words, in what positions you would be
more sustainable, more long term, and
so on.
John
Malone - Change
- Improvement
- Long
Term Investing
There's an old saying that the government
is your partner from birth, but they don't
get to come to all the meetings.
John
Malone - Government
- Partnership
- Taxes
Recently somebody said, "Hey, you
lost weight," and I said, "Yeah,
thirty-five pounds and three and a half
billion dollars." So I'm quite a
bit lighter and more flexible than I was.
John
Malone - Investing
- Loss
- Money
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