Business one-liners 52

Berra's Law: You can observe a lot just by watching. - Yogi Berra

Bierman's Laws of Contracts: (1) In any given document, you can't cover all the "what if's". (2) Lawyers stay in business resolving all the unresolved "what if's". (3) Every resolved "what if" creates two unresolved "what if's".

Billing's Law: Live within your income, even if you have to borrow to do so. - Josh Billings

Billings Phenomenon: The conclusions of most good operations research studies are obvious. - Robert E. Machol (The name refers to a well-known Billings story in which a farmer becomes concerned that his black horses are eating more than his white horses. He does a detailed study of the situation and finds that he has more black horses than white horses, Machol points out.)

Bloom's Seventh Law of Litigation: The judge's jokes are always funny.

Blutarsky's Axiom: Nothing is impossible for the man who will not listen to reason.

Bolton's Law Of Ascending Budgets: Under current practices, both expenditures and revenues rise to meet each other, no matter which one may be in excess. - Joe Bolton, Fellow of the RAND Graduate Institute

Bonafede's Revelation: The conventional wisdom is that power is an aphrodisiac. In truth, it's exhausting. - Dom Bonafede in a February, 1977 article in the Washington Post entitled "Surviving in Washington"

Boren's Laws Of The Bureaucracy: (1) When in doubt, mumble. (2) When in trouble, delegate. (3) When in charge, ponder. - James H. Boren, Founder, President and Chairperson of the Board of the International Association of Professional Bureaucrats [INATAPROBU]