I'm just going to focus on great returns, and…

I'm just going to focus on great returns, and everything else at my business will work itself out. I surprisingly have heard it hundreds of times over the last twenty years. The frequency is not going down. I think it couldn't be more wrong. This manner of thinking ignores all of the other aspects that go into making a great firm and a firm great.

— from Leadership & Business (Leadership/Business) · Holy Grail of Investing: The World's Greatest Investors Reveal Their Ultimate Strategies f

In the book

Ego, and the fantasy of returns. I have heard it hundreds of times over twenty years, and it has not gotten less wrong: "I'll just focus on great returns, and everything else will work itself out." It will not. That thinking ignores every other thing that makes a firm great. Power has a poison in it too — the powerful insider starts believing he automatically knows everything that matters about his own organization, which is precisely when he stops. — Leadership & Business (Leadership/Business)

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