Monday, May 21, 2007

Bad to the Bone

Rowan Manahan has an interesting post on how profit and loss thinking can lead firms into dangerous territory.

Two lines surfaced while I was reading this. I quote from memory:

1. "Before you tear down a wall you should find out why it was put up."

2. A line from the Old West about revolvers: "You ordinarily didn't need one but when you did you needed it real bad."

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