Below is a list of thoughts firm owner Albert Mason has had over the years. Please read and share your thoughts, favorites, comments, or questions. We value your feedback.
-Don’t lend money to companies that need the money to stay alive.
-There are three C’s to lending money. They are Character, Capacity, Collateral. The first C, character, is the most important. If you have doubts about the borrower’s character, the other two C’s will not count because they are in the hands of someone you do not trust.
-The difference between the small guy and the big guy is the small guy makes small mistakes and the big guy makes big mistakes.
-For every situation that pertains to life, there is a formula with the symbol “T” for time. No matter what you do, no matter how deep your algebra, this T cannot be factored out. It has to play itself out on its own internal and external clock.
-Maybe the reason a technology has not been disrupted is that those who are in it know more than you.
-No one knows a company as well as the people who now own or run it. The reason they are selling may not be the reason they are telling you they are selling.
-The consultant experts do not make a living telling well-paying managements that they are wrong.
-The most important people to a business in order of importance are first the customer without whom there is no business; then the employees without whom the customer cannot be served; then the suppliers on whom every business relies; and finally the stockholder, who is assuming all the risks but who will usually be just fine if attention is paid to the other categories in that order.
-Things don’t just happen. There is a reason for everything in this world. The question is what.
-It was observed early on by Confucius that there was nothing more important or more valuable than one’s reputation and keeping one’s word, but nowadays this seems to have fallen into question for the biggest no-gooder’s often have nine lives.
We hope you enjoyed the read!
Email us here to chat or share your thoughts if you’d like: office@mason-capital.com
