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

Bill Bonner

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
The real purpose of running isn’t to win a race, it’s to test the limits of the human heart.
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Heart Real Running
People do not get what they want or what they expect from the markets; they get what they deserve.
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Deserve People Want
You don’t get what you want from investing, you get what you deserve.
BILL BONNER

Deserve Investing Want What
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
I hope the competition will resume, and if it does, you must not think that running or throwing or jumping is frivelous. The games were once your fellow Olympians answer to war – competition, not conquest. Now, they must be your answer.
BILL BONNER

Answer Competition Games Jumping Olympians Throwing
A teacher is never too smart to learn from his pupils.
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Smart Teacher Teaching
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.
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Develop Explain Guidance Situation Soon
That is the problem with age and wisdom—it merely shows you how helpless you are. The wiser you become, the more you learn to keep your mouth shut, until eventually the grave silences you forever.
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Forever Learning Wisdom
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.
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Current Good Guy might Next Practical
Only simple ideas can be held by large groups of people. Commonly held ideas are almost always dumbed down until they are practically lies… and often dangerous ones.
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Believe Lying Simple
A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
BILL BONNER

Running Smart Teacher
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.’
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Athlete Giving Running
If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
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Looks Outlook Secret Source
Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself.
BILL BONNER

Behaviour Change Number Original World
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

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

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

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