23 Quotes by Gerry Schwartz
- Author Gerry Schwartz
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Good decisions can have bad short-term outcomes but be great for the business long-term.
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In an undergraduate business environment, the best learning experience is the interaction students have with each other. They need to learn from each other as much as from professors and lectures and other teaching tools.
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Just looking at Onex: We hire almost entirely at the most bottom level and bring them through a nine-year training program. We're probably 70/30 today not requiring an MBA.
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Helping people getting a great start in life, a great foundation, is an investment.
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I was a kid from Winnipeg - I didn't know anything about the world.
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You see these young people in Antigonish who are coming from Cape Breton, and these are really smart, attractive young people, who are living in a place that's been very rough economically. It's a very special thing to be helpful there.
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I came from Winnipeg and a small-town background, and I wouldn't say a depressed area, but Winnipeg has never been a rich area like Toronto.
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Private equity does pay very well, and my counterparts, guys that I grew up with who are still working at a number of firms, all make a lot of money.
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A lot of what I do is running businesses rather than buying stocks. My worst decision is probably when I know I have the wrong chief executive running the business, and I keep on waiting to make the difficult decision of replacing him.
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