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Richard
Quotations PDF Print E-mail
Written by Mark Mulkerin   
Friday, 07 November 2008 05:31

Richard "Bull" Chai on ...



Success

There are those that scratch and those that get scratched. Losers bleed; winners have to clean their claws.

 
Current Accounting Standards

Beancounters f###ing with other beancounters. Just make sure your beancounter knows what will happen to him if he lands you in court. Then remind him what happens if your profits are too small. Let him stay up all night - it isn't like they have better things to do in the dark hours.


Ethics

(Laughter) Really? Don't get caught. (More laughter).


Finding Good Employees

People are like light bulbs - use the dimmest ones you can get away with and when they burn out, replace them.


Market Share 

Your competitors are like beer - the more you consume, the more territory you can mark.


Corporate Strategy 

Always leave the other guys wondering if you are going to bite their hands - it limits their ability to think proactively.


Film

Dumbo. I just love that elephant and the scene with his mother, it just ... (crying) Wait. You aren't recording this. Use the Godfather in the article. Do you understand me? THE GODFATHER!


Postscript - Mr. Chai has agreed to forego any libel charges in exchange for our dropping the battery charges. As Mr. Chai pointed out "Quid pro quo is good business, otherwise it would have pro in it." Cards and flowers may be sent to our reporter care of Saint Margaret's Long Term Convalescent Home.

 
Investment Tips PDF Print E-mail
Written by Mark Mulkerin   
Friday, 07 November 2008 04:51

Richard's Top 10 Investment Tips



10 - Look before you pee.

9 - If you aren't bright enough to make these decisions yourself, follow around someone who is.

8 - An expanding equities market is like a bladder, eventually something has to give.

7 - Always be well rested. Investment decisions and ribbon chasing suffer from lack of sleep.

6 - A diverse equities portfolio is the best bet to maximize returns when your time horizon is 10 years or more.

5 - Some equities are like cat treats. Everybody has to have them. This is when it pays to be discriminating.

4 - Business deals going bad are like fur clumps - much easier to get out of early on.

3 - Increase the amount you can invest by reducing personal expenses. Don't pay for someone else to lick you when you can lick yourself.

2 - Corruption or cheating is like pissing on the floor. If they don't see you do it, you aren't guilty.

1 - Never take investment or business advice from someone who plans to fleece chumps like you. If you want a more detailed discussion of this point, buy my book - Investing for Suckers.

 
Comments by Biz leaders PDF Print E-mail
Written by Mark Mulkerin   
Wednesday, 01 October 2008 00:00

Comments from other business people ...

 

"Bad kitty, bad kitty.  Get off the commercial paper market.  Look what you just did.  Nobody is going to want to lend that now!" - Henry Paulson, Treasury Secretary 

"He's the best. Absolutely fxxxing fabulous. He's the business man that I always wanted to be. Is he hiring?" - anonymous Fannie May executive

"I don't know what the big deal is. He never tried to float around the world in a balloon." - Richard Branson, Virgin Airlines

"Evil. So very evil. He can be my Mr. Bigglesworth any time." - Dr. Evil

"There was this time when Bull and I were riding our hawgs down a lonely stretch of desert highway. We stopped by a car that had an overheated radiator and Bull sold the man some water. Back on the road, I mentioned to him that the water wouldn't get the man all the way to town. Bull laughed and said if it did, how would he sell the man more water on the way back. You learn a lot riding with the Bull.  Of course, now that I'm trying to save the world ... darn it, can you get him on the phone?  I have some questions." - Bill Gates, former CEO of Microsoft

"Cat sit? Why would I want to cat sit?" - anonymous work colleague

"Mr. Chai, he is one of the world's richest ten cats; but when he comes to my business, it is always the same - too expensive, poor quality, am I crazy. Mr. Chai, if you don't like what I have to sell, buy somewhere else." - Mrs. Wong, street fish monger

"Heck, if I were one gatrillionth the business person that Richard is, I wouldn't have had to go into politics." - George W. Bush, former owner of a sports team

 

Last Updated ( Sunday, 19 October 2008 01:40 )