Friday, December 9, 2011

Ross Perot on Investing

There are a lot of good lessons that can be pulled from the recently released Steve Jobs biography written by Walter Isaacson.  Among my favorite lessons is actually a quote from Ross Perot, who made an investment in Jobs' first venture after leaving Apple "NeXT."  Perot is quoted as telling Jobs:
I pick the jockeys, and the jockeys pick the horses and ride them.  You guys are the ones I'm betting on, so you figure it out.
Although NeXT wasn't a home run, betting on Jobs certainly was.  Perot picked a good jockey.

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