John Kay

Havens exist only because larger states allow them to exist, and larger states allow them to exist because the customers of havens are the rich and powerful.

I do not think children should be taught that greed is the most powerful human motivation. The people who are most successful in business in the long run are people who are passionate about business, not money.

Commercial and economic success, even in technological industries, depends not on the quality of technology, but on the match between technology and the needs of its customers.

Why do we use no more materials today than a century ago? Modern economic growth is about better rather than more

A report to CE International plc (formerly the Church of England) on the management challenges it faces.

Although the progress of grief is predictable, it is also slow. Sell on denial, buy on depression, was my advice to investors last year and it looks still valid today.

There are historic lessons to be learnt from the recent high definition format war: the importance of the installed base and the unpredictability of consumer markets.

Mr Buffett’s success demonstrates the weakness of one economic theory, the efficient market hypothesis, and the strength of another – the central role that the pursuit and defence of economic rents plays in modern corporate life.

The corporation’s unique identity is defined by its distinctive capabilities. The matching of distinctive capability to market and industry is the process that defines “our space”.

People who hold to a single idea, or a fixed design, generally lose in chess, as they lose in battle, in business and in economics.