If at the end of a race you know yourself that you have done your best, you’re a winner.
BILL BONNERThe economic freedom that made the U.S. economy the leader of the world has given way toa rigged, controlled, and regulated economy.
More Bill Bonner Quotes
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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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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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Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
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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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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.
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A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
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If you look carefully, almost all Old Money secrets can be traced to a single source: a longer-term outlook.
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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.
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Everything you need is already inside.
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You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
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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.
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A teacher is never too smart to learn from his pupils.
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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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People do not get what they want or what they expect from the markets; they get what they deserve.
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Don’t give anything away. Never make it easy for the guys you are trying to beat.
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