You can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
BILL BONNERNow 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.
More Bill Bonner Quotes
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If at the end of a race you know yourself that you have done your best, you’re a winner.
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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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You don’t get what you want from investing, you get what you deserve.
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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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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.
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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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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.
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A man on his owns knows that he is best advised to leave his dumbbell neighbors alone. But let him join a political party, and he fantasizes that he has the right and the power to tell everyone on the block what to do.
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The idea that the harder you work, the better you’re going to be is just garbage. The greatest improvement is made by the man or woman who works most intelligently.
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The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
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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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A teacher is never too smart to learn from his pupils. But while runners differ, basic principles never change.
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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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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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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.
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