Ken Moelis Quotes and Sayings - Page 1

“In each business, there is a process, or a delivery system or information system, that is changing rapidly under them.”
-- Ken Moelis

#Information #Process #Information Systems

“Everybody is talking about synergies. You've got to take out every cost you possibly can. You have to position yourself as your services change.You have to think about in five years from now what is going to happen technologically to you. And then you do have to think about M&A or your balance sheet, and you have to think about everything in the context of, "Am I prepared to meet that challenge?".”
-- Ken Moelis

#Thinking #Talking #Years

“Digitization has created opportunities for everybody to accumulate information in a way they were never able to, and analyze it with a speed that just wasn't there.”
-- Ken Moelis

#Opportunity #Information #Able

“The investing public understands that you need to do things to position yourself.”
-- Ken Moelis

#Needs #Investing #Position

“The challenges, the changes we're talking about often seem to them like unbelievable opportunities to deliver a product quicker, better. If you can improve the quality, lower the cost, and improve the turns - and you can do that because your information systems, your delivery systems, are better because of technology - well, you see that as a wonderful opportunity to gain market share.”
-- Ken Moelis

#Technology #Opportunity #Talking

“That is the brilliant thing about the millennials. They're not obsessing about, "Hey, there is not going to be a job for me" - they're trying to take advantage of how good a life they can have without having to create so much nominal income. Income is there to create quality of life, but you can share your car and get where you want to go, and you can travel the world by couch surfing. I think they're taking advantage of deflationary forces to improve their life while not maybe having to chase the nominal money that was needed to buy a whole car, a whole house, a whole couch.”
-- Ken Moelis

#Thinking #Car #House

“I've always said this: I've never seen a Michelin three-starred restaurant that was a buffet. They usually serve à la carte. I do think the delivery of a specific service, a specific advice for a specific reason, is the way you get the equivalent of a Michelin three-starred relationship.”
-- Ken Moelis

#Thinking #Advice #Three

“Without going too deep, without globalization I am not sure everyone would be able to have a supercomputer in their pocket at the low cost.”
-- Ken Moelis

#Pockets #Would Be #Cost

“If you're not exposing yourself to a non-consensus view somehow over the course of a day, you can reject them, but you should expose yourself to them.”
-- Ken Moelis

#Views #Exposing Yourself #Should

“The consensus is a very dangerous thing to get complacent about.”
-- Ken Moelis

#Dangerous #Complacent #Consensus

“I would point out is that most of the change over the past 5,000 years has been arithmetic, and it now logarithmic. Digitization, the whole Moore's law thing where it doubles every 18 months - that is a speed that is faster than most people are used to.”
-- Ken Moelis

#Past #Years #Law

“By the way, I'm not sure the managing director who was 50 in 2005 understood that the job had changed - that when he or she came out of school in 1986, that it was different. How would they know? We've got to admit that.”
-- Ken Moelis

#Jobs #School #Directors

“I went to Brazil, and you get on the ground and you see it, and you could tell the government was in trouble two years ago. This was just going to sweep the government aside, and it was a force you could feel. Brexit, the same thing.”
-- Ken Moelis

#Government #Years #Two

“In most industries, technological change is happening at a rapid rate. I find it is happening in different ways to every industry in the world, and positioning yourself for that, and trying to get ahead of that, is a big conversation right now. Digitization has created opportunities for everybody to accumulate information in a way they were never able to, and analyze it with a speed that just wasn't there.”
-- Ken Moelis

#Opportunity #Trying #Different

“A big secular thing going on is technology and deflation. This is where I think millennials are getting that it is an improvement in life, and they're taking advantage of it.”
-- Ken Moelis

#Technology #Thinking #Millennials

“There are only two people running [Donald trump and Hillary Clinton] - you have to pick one of two people, and it's not like I said Mickey Mouse was going to win. This is why, like you said about Brexit, inside of London I don't think they saw what was going on.”
-- Ken Moelis

#Running #Thinking #Winning

“You ever go out to a restaurant now? You can get quality food - you can go out and get the best food that was available 20 years ago. They'll put it on a plate, you'll sit in a plastic chair because nobody values the chair, the white tablecloth, the maître d', but they'll put on your plate some great food for what used to be available at Applebee's prices. There are some really nice things going on, some external values being delivered to people.”
-- Ken Moelis

#Nice #White #Years

“I think that life expectancy over the last 10 years has increased dramatically. You're living longer.”
-- Ken Moelis

#Thinking #Years #Lasts

“There are some very difficult things to understand that globalization is providing, that people really think are just here but really are a function of some of that. There are some very difficult arguments.”
-- Ken Moelis

#Thinking #People #Argument

“The leverage Wall Street has to change the world is greater than technology. At a very young age, you're in the room with CEOs, making critical decisions. It should be exciting. It is exciting.”
-- Ken Moelis

#Wall #Technology #Critical Decisions

“You get behind some of the numbers, like the underfunded pensions in the US, and I'm not sure people even understand how wrong their situation is.”
-- Ken Moelis

#Numbers #People #Situation

“I want to be clear. Who knows if [ Donald Trump] will be a vessel that people will get behind, it might not be, but there is a movement out there.”
-- Ken Moelis

#People #Movement #Want

“[Millennials ] are sharing cars. They're sharing apartments. I'm not sure my generation quite knows how to take advantage of it.”
-- Ken Moelis

#Car #Generations #Millennials

“There is a lot of opportunity in all of this stuff [like healthcare business]. I don't know why everybody is focused on the negatives.”
-- Ken Moelis

#Opportunity #Stuff #Healthcare

“That is the brilliant thing about the millennials. They're not obsessing about, "Hey, there is not going to be a job for me" - they're trying to take advantage of how good a life they can have without having to create so much nominal income.”
-- Ken Moelis

#Jobs #Trying #Income

“Income is there to create quality of life, but you can share your car and get where you want to go, and you can travel the world by couch surfing.”
-- Ken Moelis

#Car #Surfing #Quality

“I think [millenials] are taking advantage of deflationary forces to improve their life while not maybe having to chase the nominal money that was needed to buy a whole car, a whole house, a whole couch.”
-- Ken Moelis

#Thinking #Car #House

“It is a very interesting world. I'm excited. It is much more optimistic than people think, and there is going to be huge job creation from all these things, and there are going to be huge life improvements.”
-- Ken Moelis

#Jobs #Optimistic #Thinking

“Remember, for 5,000 years people probably rode those horses. They probably felt that horses were a permanent part of civilization. Everybody has had this moment.”
-- Ken Moelis

#Horse #Years #Civilization

“You see a wave of populism in the world. There is something wrong. This maybe because of technology. The ability of people to reach their own news sources now, and create different views, is really unbelievable. There is a desire for change. There is a millennial generation that doesn't like what they're seeing, but doesn't quite know what the solution is.”
-- Ken Moelis

#Technology #People #Desire