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I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.

Bill Bonner

Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
BILL BONNER

Failing Harness Succeed
Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
BILL BONNER

Balance Checks Constraints Construction Example
A teacher is never too smart to learn from his pupils.
BILL BONNER

Smart Teacher Teaching
The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.
BILL BONNER

Civilization Consumer Done Needs
The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
BILL BONNER

Country Revolution Ruins Tate
Several of my critics have said, ‘Bowerman just tacks up a piece of paper in the locker room and turns his runners loose.’ They’re partially right. I do give the athletes a relatively free rein and for good reason. One of my principles is? ‘Don’t overcoach.’
BILL BONNER

Athlete Giving Running
And there are cultural norms and traditional prohibitions. But eventually, the norms and traditions wear off, like painkillers. And then, the pain of raw government begins again.
BILL BONNER

Begin Eventually Government Painkillers
The world, then, no longer resembles the one that gave rise to the original insight. Soon, a person’s situation is so at odds with the world as it really is that a crisis develops, and he or she must seek a new metaphor for explanation and guidance.
BILL BONNER

Develop Explain Guidance Situation Soon
If at the end of a race you know yourself that you have done your best, you’re a winner.
BILL BONNER

Done End Race Winner
People are upset. They know something is wrong. But they don’t know what. The real explanation is too complicated. They won’t sit still for it. So, they look for scapegoats – the rich…the banks…the Chinese.
BILL BONNER

People Real Scapegoats Upset
I think people can handle 150 to 200 miles a week. But something has to give somewhere. If he’s a student, how’s he going to study? He may be at the age of chasing and courtship, and that’s an important form of sport and recreation, too.
BILL BONNER

Running Sports Thinking
If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
BILL BONNER

Looks Outlook Secret Source
So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.
BILL BONNER

Current Good Guy might Next Practical
You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
BILL BONNER

Forget Impossibility Recovery
A man’s wealth can…also be measured by what he doesn’t have and doesn’t want. When he wants little, he is a rich man.
BILL BONNER

Littles Man Rich Want Wealth
Both the liberal and the conservative are in agreement: it is all very well to let the people alone, but only if they do what you want them to do.
BILL BONNER

Agreement Liberal People Want

I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.

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I still bother with runners I call hamburgers. They’re never going to run any record times. But they can fulfill their own potential.

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