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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.

Bill Bonner

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

Funny Motivational Nike
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.
BILL BONNER

Develop Explain Guidance Situation Soon
The US is headed for ruin and revolution. The revolution will almost certainly be put down, violently. But the ruin cannot be stopped.
BILL BONNER

Country Revolution Ruins Tate
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
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
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
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
There is no bad weather, just soft runners.
BILL BONNER

Runners Running Weather
The real purpose of running isn’t to win a race, it’s to test the limits of the human heart.
BILL BONNER

Heart Real Running
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
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 at the end of a race you know yourself that you have done your best, you’re a winner.
BILL BONNER

Done End Race Winner
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. But while runners differ, basic principles never change.
BILL BONNER

Running Smart Teacher
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.
BILL BONNER

Block Man Party

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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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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