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" If you don't have ample liquidity, and it's not durable, in times of stress, as you're looking for liquidity, you're forced to sell assets at declining prices, which then eats into your capital position, so it becomes this very, very negative cycle. There's no question that liquidity is sacrosanct. "

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" One of the biggest problems women have is they work really hard and put their heads down and assume hard work gets noticed. And hard work for the wrong boss does not get noticed. Hard work for the wrong boss results in one thing - that boss looks terrific, and you get stuck. "

Ruth Porat

Work

Hard Work

Problems

" We think machine learning, as it relates to healthcare and life sciences, is extraordinary. "

" The most important thing is culture. "

" You can't cost-cut your way to greatness. "

" If you're just focused on work, my view is that you'll never get enough back from any organization, no matter how fantastic the role is, and you have to have a full life so that you really get enriched in a lot of different ways, and that can be family and kids. It can be, for others, sports. "

" Businesses perform better when you have diversity of view in your senior leadership positions. This is not just the right thing to do socially; it's the right thing to do for your business. "

" Innovation happens everywhere. "

" I've had the opportunity to experience firsthand how tech companies can help people in their daily lives. "

" Competition is one click away. Innovation happens everywhere... you better have a culture asking for a voice. "

" Liquidity is oxygen for a financial system. "

" It's been invigorating being back on the West Coast, being at Alphabet, because there is so much innovation. And the big challenge is, how do you think about resource allocation and priorities when you have so many great options? But wearing jeans instead of suits and popping into driverless cars has also been a lot of fun. "

" I'm delighted to be returning to my California roots and joining Google. "

" I view investors as our partners and stakeholders in the company. They are trying to build financial models. What I try to focus on is helping them understand how we think. "

" Stick to your true north - build greatness for the long term. "

" If the door is nailed shut, and you're 'Leaning In,' you're just going to get bruised and battered. "

" I hate the term 'work-life balance.' I think it's a setup, and it's trap for all of us. "

Ruth Porat

Think

Balance

" Culture is more important than rules and regulations. "

Ruth Porat

Culture

Important

" If you continue to plow ahead in something that is OK, you will miss the opportunity to do something that is great. "

" There are no good options in the midst of a crisis. "

" I have not been a believer of point guidance. It really limits your flexibility to do what you want. It leads to behavior that is not supportive of long-term shareholder value. "

" Incrementalism in technology leads to irrelevance; what you need is revolutionary change. "

" I stayed at Morgan Stanley for 27 years because it was fun. I kept learning. "

" Solving problems for users at scale ultimately results in monetization opportunities. "

" The cloud is one of the most extraordinary opportunities of our lifetime. If we're not investing now, we'll rue the day we didn't. "

" The wealth disparity between the lowest and the highest continues to expand, and that's inappropriate. "

" I remember, the first time it struck me is I was an econ major at Stanford as an undergrad, and it struck me how few women were econ majors back in the '70s. And then in business school how few women... And even then, I thought, 'Gosh, this is really unfortunate.' "

" I think what Sheryl Sandberg said about the importance of 'leaning in' is very true, but it's not sufficient. "

" Women are still not reaching the most senior levels of corporations. This is not the shortcoming of women. We're talented and smart. "

" The most valuable thing you can have as a leader is clear data. "

" Recognize that killing a weak idea early is valuable. "