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“Seek the counsel of those who will tell you the truth about yourself, even if it hurts you to hear it. Mere commendation will not bring the improvement you need.” – Napoleon Hill Food for thought as you start this week.
Upon finding out that Margaret Thatcher died this morning, this quote from Thomas Sowell’s Basic Economics* came to mind: “The last President of the Soviet Union, Mikhail Gorbachev, is said to have asked British Prime Minister Margaret Thatcher: How do you see to it that people get food? The answer was that she didn’t. Prices [...]
“The whole gospel of Karl Marx can be summed up in a single sentence: Hate the man who is better off than you are. Never under any circumstances admit that his success may be due to his own efforts, to the productive contribution he has made to the whole community. Always attribute his success to [...]
Today is my birthday. I’m 43. Dang! Anyway, I was reading through the quotes on aging in my copy of The Forbes Book of Business Quotations and I came across one that I thought was worth sharing; “Middle age is when your classmates are so gray and wrinkled and bald they don’t recognize you.” – [...]
Today’s quote of the day comes from Chapter 12 – Investment and Speculation in Thomas Sowell’s Basic Economics: A Common Sense Guide to the Economy*, one of my favorite books: Speculation is often misunderstood as being the same as gambling, when in fact it is the opposite of gambling. What gambling involves, whether in games [...]
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