"Purpose is not the sole pursuit of profits but the animating force for achieving them"
About this Quote
The intent is strategic clarity disguised as ethical awakening. Fink is telling CEOs and investors that purpose is instrumentally valuable: it recruits talent, stabilizes customer loyalty, lowers reputational risk, and anticipates regulation. The subtext is blunt: values are a growth strategy. Purpose isn’t presented as a limit on extraction; it’s a way to justify and sustain it over time, especially when trust in large institutions is brittle.
Context matters because Fink isn’t a philosopher; he’s the face of BlackRock, a firm whose influence sits at the nerve center of global capital. His annual letters helped mainstream “stakeholder capitalism” in the late-2010s moment of climate pressure, political polarization, and worker unrest, when “doing well by doing good” became a necessary corporate dialect. The line reassures skeptics on both sides: to critics, it signals conscience; to shareholders, it promises performance. That double address is exactly why it works.
Quote Details
| Topic | Business |
|---|---|
| Source | Larry Fink, “A Sense of Purpose” (BlackRock CEO annual letter to CEOs), 2018 |
| Cite |
Citation Formats
APA Style (7th ed.)
Fink, Larry. (2026, January 25). Purpose is not the sole pursuit of profits but the animating force for achieving them. FixQuotes. https://fixquotes.com/quotes/purpose-is-not-the-sole-pursuit-of-profits-but-184166/
Chicago Style
Fink, Larry. "Purpose is not the sole pursuit of profits but the animating force for achieving them." FixQuotes. January 25, 2026. https://fixquotes.com/quotes/purpose-is-not-the-sole-pursuit-of-profits-but-184166/.
MLA Style (9th ed.)
"Purpose is not the sole pursuit of profits but the animating force for achieving them." FixQuotes, 25 Jan. 2026, https://fixquotes.com/quotes/purpose-is-not-the-sole-pursuit-of-profits-but-184166/. Accessed 7 Feb. 2026.








