Carlos Slim quotes:

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  • Our philosophy is you need to give nonprofit money for health, nutrition, education, culture, and sports.

  • I love baseball. And American Football, too. But not rugby.

  • In high school, I loved history. I also loved cosmography, algebra. Mexico is so rich in culture and history, and I have always enjoyed that.

  • It's a society of knowledge and experience. You have better experience and knowledge when you are 60, 65 and 70.

  • No, my father passed away when I was 13 years old. I was very young.

  • My parents weren't artistic, but I was always surrounded by beautiful things. And Mexico is a country which has experienced thousands of years of art and culture.

  • With three work days a week, we would have more time to relax; for quality of life,

  • Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.

  • My mother born in Mexico, but was Lebanese in origin. She born 1902 the same year my father arrived to Mexico when he was 14 years old.

  • CompUSA was a bad decision. We stayed too much with CompUSA, and we stayed too short with Apple.

  • If Wal-Mart invests a billion dollars and others invest $100 million, Wal-Mart is going to grow more.

  • Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

  • I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso. There is art everywhere, murals on the walls. It's beautiful.

  • You cannot make thousands of universities or hundreds of thousands of professors, but with technology and the Internet you can have great courses and make a digital university.

  • You need to support human development and human capital as much as possible. And we've had 25 years of programs, great programs. We supported 125,000 surgeries. We fund 15,000 scholarships every year for college and higher education. We gave bicycles for rural areas. We gave laptops.

  • At 25, I made many companies. I was thinking more like a businessman or entrepreneur than a CEO. I created many companies, small companies, medium companies. I tried to be involved in many kinds of activities, in finance, in real estate, in mining.

  • I've always said that the better off you are, the more responsibility you have for helping others. Just as I think it's important to run companies well, with a close eye to the bottom line, I think you have to use your entrepreneurial experience to make corporate philanthropy effective.

  • Do not allow negative feelings and emotions to control your mind. Emotional harm does not come from others; it is conceived and developed within ourselves.

  • When you live for others' opinions, you are dead. I don't want to live thinking about how I'll be remembered.

  • With three work days a week, we would have more time to relax; for quality of life. Having four days (off) would be very important to generate new entertainment activities and other ways of being occupied.

  • We think that in Mexico, online trading of shares and financial instruments is not going to be as important as it is in the U.S. On days that there is a banking holiday in the U.S., you hardly see any movement here on the stock exchange.

  • No, my father passed away when I was 13 years old. I was very young."

  • When we face our problems, they disappear. So learn from failure and let success be the silent incentive.

  • When you live for others' opinions, you are dead.

  • We don't take anything when we pass away, and we need to do with the sense of responsibility.

  • You want to have a toy and another toy, and that's not maturity. The biggest things in life are not materials.

  • You should have more time for you during all of your life - not when you're 65 and retired.

  • You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains.

  • The artistic part of us all - I think that the easiest way to appreciate this - is through architecture. Architecture is very impressive; the beauty of buildings, temples.

  • The biggest things in life are not materials.

  • The year 1983 was crazy. People wanted to sell not only their investments... but also their companies.

  • First I opened a check account. I looked at the - I looked that there was nothing of yield. So I bought some bonds. It was a bond. When I bought this bond, it was duplicated in 10 years. I think it was 10 percent.

  • If you are in business, you are not enjoying. You are working.

  • I think that anything that has privileges have responsibility and all people that is clear about their responsibility has compromise.

  • Live the present intensely and fully, do not let the past be a burden, and let the future be an incentive. Each person forges his or her own destiny.

  • Most people try to make a better world for our children when what they should be doing is making better children for our world.

  • Mistakes are normal and human. Make them small, accept them, correct them, and forget them.

  • Competition makes you better, always, always makes you better, even if the competitor wins.

  • Anyone who is not investing now is missing a tremendous opportunity.

  • In this new wave of technology, you can't do it all yourself, you have to form alliances.

  • I still have my laptop but I haven't used it. I'm a paper man, not electronic.

  • I think one of the big errors people are making right now is thinking that old-style businesses will be obsolete, when actually they will be an important part of this new civilization. Some retail groups are introducing e-commerce and think that the bricks are no longer useful. But they will continue to be important.

  • The key is the Internet. The United States is by far the most advanced country in this new digital culture, so we have to be there. The Internet is the heart of this new civilization, and telecommunications are the nervous system, or circulatory system.

  • Focus on essentials and try not to get distracted and bogged down by things that don't add value to the bottom line.

  • I am convinced that all this poverty in Mexico and in Latin America, like it's happening in China is the opportunity to grow. It's an opportunity for investment; it's an economic activity and to take out poverty is the best investment any person or a person can do in any place.

  • When we decide to do something, we do it quickly.

  • All times are good time for those who know how to work and have the tools to do so.

  • You cannot have people in your organization who are pessimists. They take you to mediocrity.

  • When there is a crisis, that's when some are interested in getting out and that's when we are interested in getting in.

  • Money is not a goal. The goal is to make companies grow, develop, be competitive, be in different areas, be efficient to have a great human team inside the company.

  • It's important to give a better country to your children, but it is more important to give better children to your country.

  • Work well done is not only a responsibility to yourselves and society; it is also an emotional need.

  • Technology is going to transform people's lives and society everywhere in the world. I spend most of my time studying new technologies. My main task is to understand what's going on and try to see where we can fit in.

  • It is not important NOT to make mistakes, but the mistakes to be small

  • Building a business and becoming a billionaire is it's not championship. It's the competence; the competence in your sector with other companies not looking to have some kind of records in this issue.

  • You cannot live without doing something.

  • It's not a question of arriving and putting in a whole new administration, but instead, arriving and "compacting" things as much as possible, reducing management layers. We want as few management layers as possible, so that executives are very close to the operations. We also don't believe in having big corporate infrastructures.

  • All businesses make mistakes. The trick is to avoid large ones.

  • Firm and patient optimism always yields its rewards.

  • The truth is, you leave this world with nothing. What you are is a temporary administrator, and you must administer well... the wealth in your care, and generate more. The surplus can be used to do many things for people.

  • Courage taught me no matter how bad a crisis getsâ?¦ any sound investment will eventually pay off.

  • Well, when I was very young, maybe 12 years, I began to make investments.

  • Choose the right employees and then set them loose.

  • Staying occupied displaces preoccupation and problems, and when we face our problems, they disappear.

  • I studied engineering in the national university, the Universidad Autonoma, in San Ildefonso.

  • I've always said that the better off you are, the more responsibility you have for helping others

  • You have to have an international reference of competition. You have to go beyond your home.

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