Wolf
Junior Member
Slightly off-topic (especially considering your bad news, Berry), but I heard an interesting piece of advice today, from a talk by Craig Barrett, Chairman of Intel:
"This my 11th recession. The principle to tackle them has been the same every time. You cannot save your way out of a recession. You can only innovate out of a recession. Intel R&D budgets will remain the same."
Not many of us will have R&D budgets as such, but the basic idea is clear: Battening down the hatches is necessary, but you will only succeed in a downturn if you carry on taking risks, innovating and investing in your skills.
Food for thought.
Wolf.
"This my 11th recession. The principle to tackle them has been the same every time. You cannot save your way out of a recession. You can only innovate out of a recession. Intel R&D budgets will remain the same."
Not many of us will have R&D budgets as such, but the basic idea is clear: Battening down the hatches is necessary, but you will only succeed in a downturn if you carry on taking risks, innovating and investing in your skills.
Food for thought.
Wolf.