Showing posts with label outside forces. Show all posts
Showing posts with label outside forces. Show all posts

October 10, 2008

Outside Forces: The Inevitable, Invisible Hand



"You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets."


Peter Lynch


Like sailors at sea always watching for the unexpected storm, managers must constantly be aware of the potential impact of stock market fluctuation; the "scorecard" of things beyond their control. Those who don't or who do not see financial turmoil as inevitable are not ready to manage.