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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

If there is one thing that marks families with money in the long term it is this: delayed gratification.
BILL BONNER

Delayed Gratification Long Mark
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
God determines how fast you’re going to run; I can help only with the mechanics.
BILL BONNER

Helping Mechanic Running
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.
BILL BONNER

Forever Learning Wisdom
Now it is done by the central bankers and Treasury Secretaries themselves. They don’t apologize for it. They don’t hang their heads and contemplate blowing their brains out. Instead, they’re proud of it… announcing that they ‘saved civilization,’ or some such claptrap.
BILL BONNER

Banker Blowing Brains Hang Head Secretaries
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
People do not get what they want or what they expect from the markets; they get what they deserve.
BILL BONNER

Deserve People Want
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
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
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
There’s no such thing as bad weather, just soft people.
BILL BONNER

Funny Motivational Nike
A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
BILL BONNER

Running Smart Teacher
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.
BILL BONNER

Believe Lying Simple
You don’t get what you want from investing, you get what you deserve.
BILL BONNER

Deserve Investing Want What
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
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

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.

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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.

Related Topics

Popular Authors

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