The goal of competitors is to prevail, not to preserve competition in the markets.

Atlantic Monthly (1998)
Control your expenses better than your competition. This is where you can always find the competitive advantage.
Perfect competition is a theoretical concept like the Euclidean line, which has no width and no depth. Just as we've never seen that line there has never been truly free enterprise.

There's No Such Thing as a Free Lunch (1975)
Competition is the final price determinant and competitive prices may result in profits which force you to accept a rate of return less than you hoped for.

My Years with General Motors (1964)
I believe that if you're going to take someone on, you might as well take on the biggest brand in the world.

'The Mavericks,' Fortune (1995)
The price which society pays for the law of competition, like the price it pays for cheap comforts and luxuries, is also great; but the advantages of this law are also greater still, for it is to this law that we owe our wonderful material development, which brings improved conditions in its train.

'Wealth,' North American Review (1889)
Assessing the current tactical advantages of known competitors will not help you understand the resolution, stamina, and inventiveness of potential competitors.

Harvard Business Review (1989)
I found that competition was supposed to be a menace and that a good manager circumvented his competitors by getting a monopoly by artificial means.

My Life and Work (rewritten with Samuel Crowther; 1922)
Competition is the keen cutting edge of business, always shaving away at costs.
Again and again in business history, an unknown competitor comes from nowhere and in a few short years overtakes the established leaders without apparently even breathing hard.

Harvard Business Review (January/February 1995)


On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."