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Duff McDonald Quotes: When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.
         

When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.


Duff McDonald
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Other quotes of Duff McDonald


Any chief executive who hires a consultant to give them strategy should be fired.

Any chief executive who hires a consultant to give them strategy should be fired.



The goal [is] not only to earn high returns at the top of the cycle but also to avoid giving them back at the bottom.

The goal [is] not only to earn high returns at the top of the cycle but also to avoid giving them back at the bottom.





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When we make our own misery we sometimes cling to it even when we want so bad to change, because misery is something we know. The misery is comfortable.



I am living. I am a miracle. Everyday of my life is miraculous!

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And in the morning rising up a great while before day he went out and departed into a solitary place and there prayed.

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Il est plus facile de faire la guerre que la paix. It is far easier to make war than to make peace.



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It doesn't escape me for one moment that so much joy in my life is thanks to so much pain in someone else's.

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Life in itself is short enough, but the physicians with their art, know to their amusement, how to make it still shorter.

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Quote Description


This page presents the quote "When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money, you're in a commodity business.". Author of this quote is Duff McDonald. This quote is about money, way, selling, banking, business, cost, commodity, thrive,.