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 BONNERThat 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.
More Bill Bonner Quotes
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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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Victory is in having done your best. If you’ve done your best, you’ve won.
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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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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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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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If someone says, ‘Hey, I ran 100 miles this week. How far did you run?’ ignore him! What the hell difference does it make?…. The magic is in the man, not the 100 miles.
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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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There is no bad weather, just soft runners.
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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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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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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Everything you need is already inside.
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There’s no such thing as bad weather, just soft people.
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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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You don’t get what you want from investing, you get what you deserve.
BILL BONNER







