Four investing lessons from Intel’s Andy Grove

Livewire News

Former Intel CEO, Andy Grove, passed away in March 2016. Many have celebrated his life by sharing the business lessons they learned from his career. But there are also investing lessons to glean from his life, writings, and the legendary Intel culture he helped create. Here are four investing lessons from his life, all of which are quotations from Grove himself. 1) Make decisions based on evidence. “Altogether too often, people substitute opinions for facts and emotions for analysis.” 2) Perception matters. “The ability to recognise that the winds have shifted and to take appropriate action before you wreck your boat is crucial to the future of an enterprise.” 3) Embracing fear is helpful. “Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” 4) The future favours the optimist. “To build anything great, you have to be an optimist, because by definition you are trying to do something that most would consider impossible. Optimists most certainly do not listen to leading indicators of bad news.” Find out more: (VIEW LINK)


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