Quote by Ludwig Erhard

A compromise is the art of dividing a cake in such a way that everyone believes that he has got the biggest piece.

A compromise is the art of dividing a cake in such a way tha

Summary

This quote illustrates the idea that compromise involves finding a solution where each party feels favorable, even if the outcomes are unequal. It suggests that compromise requires skill in distributing resources or benefits in a manner that allows everyone involved to believe they have received more than they actually have. This highlights the importance of negotiation and creating the perception of fairness to achieve agreements and maintain harmony in various situations.

Topics

Business

By Ludwig Erhard

Liked the quote? Share it with your friends.

Random Quotations

Heroes are important not only because they symbolize what we

Heroes are important not only because they symbolize what we believe to be important, but because they also convey universal truths about personal self-discovery and self-transcendence, one's role in society, and the relation between the two.

Truth Society Self Heroes

Is a faith without action a sincere faith?

Is a faith without action a sincere faith?

Faith

Candor is the brightest gem of criticism.

Candor is the brightest gem of criticism.

Benjamin Disraeli

Sincerity

The surprises of thought are like those of love: they wear o

The surprises of thought are like those of love: they wear out. But here too you can carry on for a long time doing your conjugal duty.

Jean Baudrillard

Thought

I have many valentines. My mom and my sister and my director

I have many valentines. My mom and my sister and my directors. I got calls from all of them. And my friends. I respect what Valentine's Day stands for because it is about love.

Michelle Trachtenberg

Mom

We are constantly invited to be who we are.

We are constantly invited to be who we are.

Henry David Thoreau

Sin

We have a government that borrows $4 billion a day. We have

We have a government that borrows $4 billion a day. We have a government that owes trillions of dollars in debt, half of that to foreigners, most of that to Chinese investors. I don't - that is extreme. Not only is it extreme. It's insane and it's unsustainable.

Government

Fate does not invite ugly boring people to save the world; a

Fate does not invite ugly boring people to save the world; and if you try to save the world (without being beautiful, strong, clever, or wise), you will soon die pointlessly and how much adventure is there in that?

James Alan Gardner

Beauty

The only way a kid is going to practice is if it's total fun

The only way a kid is going to practice is if it's total fun for him... and it was for me.

Practice

The drop hollows the stone not by force but by often falling

The drop hollows the stone not by force but by often falling.Latin: Gulta cavat lapidem non vi sed saepe cadendo

Mistakes

To succeed you need to find something to hold on to, somethi

To succeed you need to find something to hold on to, something to motivate you, something to inspire you.

Success & Failure

You never know what motivates you.

You never know what motivates you.

Motivational