Quote by Peter Lynch
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
Summary
This quote suggests that when choosing a business venture, it is advisable to opt for a business that is simple and straightforward. The reason behind this advice is that eventually, someone inexperienced or unqualified might take charge of the business. By selecting a business that even an “idiot†can run, it implies that it is more likely to withstand challenging circumstances and still be managed adequately, regardless of who is in charge. This can be seen as a strategic approach to mitigating risks and maintaining the stability and success of the business.
Topics
Business
By Peter Lynch
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