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A teacher is never too smart to learn from his pupils.

Bill Bonner

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
None of the problems that caused the crises in Europe and America have been resolved. They have been delayed and expanded by more debt and more money printing and will lead to more and worse crises.
BILL BONNER

Country Debt None Problem
A teacher is never too smart to learn from his pupils.
BILL BONNER

Smart Teacher Teaching
Norman Rockwell spent his career painting pictures that helped people understand their own feelings…pictures that enriched their own experiences and celebrated their own lives.
BILL BONNER

Art Careers Experience Real Rock
Neither limits nor adversity are what ruin men. Under pressure, they handle themselves pretty well. It’s the lack of limits they can’t handle. That’s when they run amok. So, if you really want to see what a man is made of let him think he can get away with something.
BILL BONNER

Adversity Men Running Themselves
If there is one thing that marks families with money in the long term it is this: delayed gratification.
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Delayed Gratification Long Mark
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
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
Victory is in having done your best. If you’ve done your best, you’ve won.
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Inspiration Motivational Sports Victory
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
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
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 Real Scapegoats Upset
Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
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Failing Harness Succeed
A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
BILL BONNER

Running Smart Teacher
There is no bad weather, just soft runners.
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Runners Running Weather
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.

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A teacher is never too smart to learn from his pupils.

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