Chief Executives Quotes

1. "To see how transfer of antifragility works, consider two scenarios, in which the market does the same thing on average but following different paths. Path 1: market goes up 50 percent, then goes back down to erase all gains. Path 2: market does not move at all. Visibly Path 1, the more volatile, is more profitable to the managers, who can cash in their stock options. So the more jagged the route, the better it is for them. And of course society—here the retirees—has the exact opposite payoff since they finance bankers and chief executives. Retirees get less upside than downside. Society pays for the losses of the bankers, but gets no bonuses from them. If you don't see this transfer of antifragility as theft, you certainly have a problem."
Author: Nassim Nicholas Taleb

2. "Businessmen... were not born chief executives. They were often people first."
Author: Richard Jefferson

3. "I yearn to see other chief executives throughout the nation follow suit, so that as a people we may hasten the elimination of barbarism as a tool of American justice."
Author: Winthrop Rockefeller

Chief Executives Quotes Pictures