Andrew Grove

United States
2 Sep 1936 // 21 Mar 2016
Businessman, Engineer

Quotes

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Competition is warfare. Mostly it is played by prescribed rules � there is a sort of Geneva Convention for competition�but it's thorough and often brutal.

New Yorker (1997)
Consumers resent it when a company presumes to judge the quality of its products on their behalf.

Fortune 1995)
These companies have money thrown at them. And that's good, but it's also dangerous. It's good because it allows them to do big things, and it is dangerous because companies who have too much money don't have the market discipline of learning to operate with the money that they bring in as part of their business... and developing a pattern or focusing that that discipline brings.

Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
You can't treat your people like an expense item.

Quoted in In the Company of Giants (1997)
Columbus didn't have a business plan when he discovered America.

New Yorker (1994)
A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge?... Mark TWain hit it on the head when he said, 'Put all of your eggs in one basket and WATCH THAT BASKET.'

Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company and Career (1996)
Too much money is a dangerous thing to deal with. And the point I'm saying is exponential-huge opportunities bring exponentially huge opportunities for failure as well.

Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
If the whole world operates as one big market, eveiy employee will compete with every person in the world who is capable of doing the same job.

Fortune (1995)
When you're caught in the turbulence of a strategic inflection point, the sad fact is that instinct and judgment are all you've got to guide you through.
Market share is gained and lost at times of technology breaks. This is the mother of all technology breaks...So the opportunity to try and bet on the horse that's going to get ahead is very, very tempting. At the same time, the ability to discriminate between one choice and another choice in this very noisy investment environment is becoming very difficult.

Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
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