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Part of Business quotes: the complete list, checked

Business quotes misquotes: how to check a quotation

Business quotes misquotes are a risk once a line stops decorating and starts supporting a claim. Learn to tell a company statement from a personal remark.

A quotation in business writing switches roles without warning. On a conference slide it is decoration and nobody treats it as a claim. Three weeks later the same sentence is in a memo supporting a recommendation, and it has quietly become evidence.

That switch is what makes the business quotes misquotes problem worth taking seriously, more seriously than the sentiment categories where the cost of being wrong is embarrassment. Here a fabricated line can end up inside a document that someone relies on to spend money, or inside a public statement about a named person who is alive, employed, and reachable by lawyers.

What to take away

  • Work out whether the quotation is decorating a point or supporting one. Only the second use requires a source, and the second use is the one that arrives by accident.
  • The dismissive prediction is the most forged genre in commercial quotation, because it flatters everyone who repeats it.
  • A fabricated line attributed to a living executive is a public statement about a real person and about their employer. There is no hedge that makes it safe.
  • A company's approved statement and an individual's remark are different objects. Captions merge them constantly.

The prediction that aged badly

Every field keeps a stock of confident wrong forecasts attributed to people who should have known better. These lines circulate harder than almost anything else in commercial quotation, and a large share of them will not survive a check.

The reasons they spread are structural. They are funny. They flatter the reader, who now knows better than an expert. They confirm a comfortable story about how progress works. And critically, nobody checks a quotation that makes them feel clever, because the impulse to verify is an impulse to doubt, and doubt is not what the line is producing.

The underlying material, where there is any, is usually one of these:

  • A qualified assessment of one product at one price, at one moment, which was often correct about that product and says nothing about the category.
  • A remark about a market rather than a technology, compressed until the distinction disappears.
  • A joke, made to a room that understood it as one.
  • A summary written by a criticof what somebody's position amounted to, later quoted as their words.
  • Nothing at all, in the cases where the line appears only in later retellings and never in a contemporary record.

The check is ordinary and unusually productive: find the earliest appearance, then see if it carries a source or only a name.

If a line on a technology first appears decades after its supposed date, you are reading folklore. The pipeline that carries a commercial remark from a room to a caption explains why the early record is often missing.

Where the check actually happens

The work runs through a small set of named places, and none of them is obscure. Quote Investigator traces a line to its earliest documented appearance and is the first stop for anything that sounds too neat. Wikiquote and Snopes will tell you quickly whether a line is already catalogued as disputed or apocryphal. For the printed record, search Google Books and HathiTrust for the wording with the name stripped out; for the web's own history, the Internet Archive's Wayback Machine shows when a page first carried the line. Newspaper and broadcast coverage lives in databases such as Nexis, Factiva and ProQuest, usually reachable through a public library. And the standard reference works — Bartlett's Familiar Quotations, the Oxford Dictionary of Quotations and the Yale Book of Quotations — exist precisely to date a line to its first appearance in print.

When a quotation stops being decoration

Where it appearsWhat it is being asked to supportThe cost of it being false
A conference slideA moodLow, until the deck is reused
An internal strategy memoA recommendation to actA decision resting on a sentence nobody produced
A pitch or fundraising documentA claim about a market or a person's viewA statement to investors that cannot be substantiated
A due diligence fileA fact about a company or its officersA finding built on an unverified quotation
Published marketingAn implied endorsementA named person associated with a product they never discussed
A journalistic pieceAn account of what someone saidA correction, and a source who will not talk to you again
A performance review or a complaintWhat a colleague saidAn allegation about an identifiable individual

The middle rows are where quotations most often arrive as ornament and stay as evidence. A line that entered a deck to warm up an audience gets copied into the appendix of a memo, and the memo is read by people who assume anything in quotation marks was checked by somebody.

Where Quotes Become Evidence

Context

Conference slide
Mood
Strategy memo
Recommendation
Pitch document
Market claim
Due diligence
Company fact
Marketing
Endorsement
Journalism
Account of speech

Support

Conference slide
Low
Strategy memo
Bad decision
Pitch document
Unsubstantiated
Due diligence
Unverified finding
Marketing
False association
Journalism
Correction

Cost if false

Conference slide
Strategy memo
Pitch document
Due diligence
Marketing
Journalism

Living people, named companies

This is the part that separates commercial quotation from the sentiment categories.

A fabricated or altered quote attributed to a living executive is a published false statement about a named person, and in the United States that puts it in the territory of defamation law, which is set by each state rather than by a single federal statute. A public figure, which a senior executive usually is, must show that the publisher knew the statement was false or acted with reckless disregard for whether it was true — the actual malice standard from New York Times Co. v. Sullivan. An invented quotation about a real person can also support a false light or right of publicity claim under state law. And it implicates the employer, since an executive's public speech is read as tied to their role.

If the quote is unflattering, or reads as a company commitment it never made, the consequences stand, and calling it widely attributed cannot repair them.

No version of hedging fixes this: "Reportedly said" attached to an invented sentence still publishes it.

Choose a real source or no quotation, since describing a position instead of quoting it costs you nothing. When the line matters enough to want it anyway, it needs the full chain from the words back to a document you can open.

The company did not say it, and neither did the person

Two objects get merged in captions and they are not the same.

An approved corporate statement was drafted, reviewed and issued, generally as a press release. It represents a position the organization decided to take. It is attributable to the company, on a date, and it usually exists in a retrievable form: a filing, a release, a published response.

An individual's remark was made by a person, in a setting, sometimes on their own account and sometimes on the company's. It may contradict the approved statement. It is attributable to the person, and treating it as the company's position is a claim nobody made.

The distinction is not academic. When Elon Musk posted on Twitter in 2018 that he was considering taking Tesla private and that funding was secured, the SEC charged him with securities fraud over the post and he settled the case. The post was his own, not a company disclosure, and the regulator treated it as a statement to investors anyway. A personal post, a remark at a conference and a filed company statement are three different objects, and only one of them is the company speaking.

Say which one you have. "In its statement, the company said" and "at the conference, she said" claim different things, and a reader can tell you have checked which is which. The difficulty of getting a specialist's words out of their working context intact compounds this whenever the speaker was talking about their own technical area.

Checks that fit in a working day

  • Search the wording without the name. If the line was circulating before the name attached to it, you have the whole answer in one query; Quote Investigator, Wikiquote and Snopes are where that answer is usually already written down.
  • Look for a primary carrier: a filing, a transcript, a recording, a published interview. An annual filing is a defined document with defined contents, as the SEC's investor education site sets out in its glossary entry for the annual report on Form 10-K. Trade coverage is a report of a source, not the source.
  • Go to the printed record. Google Books and HathiTrust search the text of books; the Internet Archive's Wayback Machine shows when a page first carried the line; Nexis, Factiva and ProQuest, reached through a library, cover newspapers, magazines and broadcast transcripts.
  • Check the quotation dictionaries before trusting any secondary source: Bartlett's Familiar Quotations, the Oxford Dictionary of Quotations and the Yale Book of Quotations all date a line to its first printed appearance.
  • Check the date against the events the line refers to. Predictions in particular are often dated to the year that makes them look worst.
  • If the person is alive and the line matters, ask. Companies have press offices, and a question about whether someone said a thing is the easiest question they receive.
  • If it does not check out, do not soften it. Cut it, and make the point in your own words; a quotation used as an argument move should carry the same chain back to a source.

Common questions

It appears in a business book from a real publisher. Is that a source?

It is a report of a source. Books carry unsourced quotations at roughly the rate everything else does, and popular business writing is not routinely fact checked to the standard of its confidence. If the book gives a citation, follow it. If it gives a name, you have the name and nothing more.

Our founder is quoted on our own site with a line nobody can trace. Does it matter?

Yes, and it is the easiest fix available to you: ask them. In-house material is the one case where the primary source is down the corridor. Get the wording confirmed, put a date on it, and you now have a quotation that is actually yours.

A rival's executive said something useful in a podcast. Can I quote it?

You can quote what you can hear, cited to the episode and the timestamp, and that is a solid source. What you cannot do is tidy the wording. Spoken sentences are untidy, transcripts vary, and the cleaned version is the one that ends up misquoted later.

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