Here are a few bad decisions from the world of business that have become famous -- and are downright humorous in hindsight. Some people learned from their mistakes and moved on (Bill Gates.) Some, sadly, faded into history (Decca).
"640K ought to be enough for anybody." -- Bill Gates, 1981
"Drill for oil? You mean drill into the ground to try to find oil? You're crazy." -- Drillers who Edwin L. Drake tried to green Patrice Bergeron jersey enlist to his project to drill for oil in 1859
"But what ... is it good for?" -- Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.
"There is no reason anyone would want a computer in their home." --Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977
"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" --David Sarnoff's associates in response to his urgings for investment
"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible." -- A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found green Patrice Bergeron jersey Federal Express Corp.[FedEx])
"Heavier-than-air flying machines are impossible." -- Lord Kelvin, president, Royal Society, 1895.
"Airplanes are interesting toys but of no military value." -- Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre. Wasn't France bombed in World War Two?
"I'm just glad it will be Clark Gable falling on his face and not Gary Cooper" -- Gary Cooper on his decision not to take the leading role in "Gone With the Wind"
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