• "We are just talking about... how the rating agency is getting all this wrong. We cannot believe that they're saying that the lifetime overall losses are going to be 4 to 5%. That is absolute insanity. These losses are going to be 9, 10, 11, 12%. They turned out to be 30%." - Dan Ivascyn [00:00:00]

• "It's nice to get paid for complexity as…

"I always felt incorrectly I felt that growing was going to be selling out. And I had to convince myself that you can also sell up. You don't have to sell out. And if you can actually use your growth to advance your culture and get better and create more jobs and do better things for more neighborhoods, that's not a bad thing." - Danny Meyer [00:00:04]

…

• "You want intellectual conviction as opposed to emotional conviction. People who are intellectually convicted, they have the work. They can tell you exactly the research they've done... emotion is less of the valuable kind." - Justin Lubell [00:01:24]

• "I actually try to describe what we offer as like an exoskeleton... But if you're not a great…

"Selling is a transfer of enthusiasm in whatever it is you're selling, but you've got to make a choice every day, 'Today is going to be great, and here's why.'" - Ryan Serhant [00:08:34]

"My dad always told me, 'You can quit whenever you want at anything you do, but you're only allowed to quit on your best day.' And I've never forgotten that." - **Ryan…

• "The art of the sale is that nothing is for sale and I'm not selling you anything." - Ryan Serhant [00:00:08]

• "Burnout is doing the same thing over and over again and not seeing results." - Ryan Serhant [00:01:26]

• "If you're willing to embarrass yourself, you make more money." - Ryan Serhant…

"Tim comes in and he says 'You know diversification is a thing.' Um but I I didn't think I would find another good idea that summer. So I put it in IPOs at 18 goes to 80." — Marc Stad (quoting Tim from IGSB) [05:50]

"Whatever you do do not be a poor kid in Washington at 22 years old. Go make some money first and learn how the economy works and how…

• "The job of no one at this company is to make me happy. The job of this company is to do the right thing for the company, the clients, the community, and the country." - Jamie Dimon [00:00:09]

• "We're like a bunch of gangly teenagers who want to have a beer... at the Patriot's Bar, and we just didn't get some people knew there were warnings... we…

• "We have a culture of constantly reinventing ourselves of disrupting ourselves... remaining relevant to your customers... staying true to your values." - Ana Botín [00:01:28]

• "It takes time because I think women have a bigger issue with speaking up and raising their hand and saying 'I can do that job and I can do more.' ... We need to be…

• "We wanted to be more focused on medical innovation... the consumer business has departed from medical innovation... it didn't fit in the overall umbrella on trying to bring medical innovation to treat tough difficult conditions like oncology, cardiovascular, or dementia." - Joaquin Duato [00:02:00]

• "The important thing is not the medicine, it's the person." -…

"We here in America think we discover and invent and improve faster than any European nation." — Abraham Lincoln [03:20]

"Cut costs, take share, gain scale; profits will take care of themselves." — Charles R. Morris [01:25]

"Gentlemen pay their debts." — J.P. Morgan…

"Take home an annual report, rip out the pages so is the stock price... and then say what you think it's worth. You'll be shocked how wrong you are, and it is humbling about how you value something." — Jamie Dimon [00:07:56]

"When governments spend a trillion dollars, that goes into spending, machine tools, burgers, pools, homes, and…

• "If you find a business that you think is a spectacular business, it's not possible to own enough of it." - George Soros (quoted by Ron Baron) [00:35:58]

• "When you wake up that morning and say, 'Look how much risk I've taken in my life,' go to your broker and buy more." - Ron Baron…

"In most technology spaces when a new category is introduced it's typically additive and it's... usually coming from high value products... Will a new AI device come along that displaces the phone and totally replaces its usage? Most likely not. But is it likely that another category will come along that augments the use of a smartphone? Almost for sure." - Rick Osterloh…

• "What I am is a guy who's been able to take moderate obsession and a long attention span and turn them into pretty good results." - Charlie Munger [00:00:35]

• "He was like a guy who wears size 16 shoes and webbed feet competing with a bunch of ordinary people... he was so cool and rational." - Charlie Munger…

"After we acquired a number of other businesses we reflected on our business. Our conclusion was that the key was cash flow. Our attitude towards cash generation and asset management came out of our own thinking. It is not copied." - Henry Singleton [00:04:15]

"I know a lot of people have very strong and definitive plans that they've worked out on all kinds of…

"the most surprising finding in researching the book was that the eight ceos had a remarkable similarity of approach that the specific actions they took the decisions that they made were very different than their peers but very similar to each other" - Narrator [00:00:21]

"i can think of no individual in the history of business that i have ever known…

"The CEO job is not to make all the decisions, but to create the conditions under which other people can make great decisions." - Nitin Nohria [01:41]

"A CEO accounts for about 15% of the variance in a company's performance—roughly equivalent to the effect of the entire industry the company operates in." - Nitin Nohria…