The athlete makes himself, the coach doesn’t make the athlete.
BILL BONNERYou can forget about recovery. There is no recovery – and there’s not going to be any recovery. Recovery is an impossibility.
More Bill Bonner Quotes
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A teacher is never too smart to learn from his pupils.
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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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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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Victory is in having done your best. If you’ve done your best, you’ve won.
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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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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.
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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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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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The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for.
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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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Don’t give anything away. Never make it easy for the guys you are trying to beat.
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Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
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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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There’s no such thing as bad weather, just soft people.
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If there is one thing that marks families with money in the long term it is this: delayed gratification.
BILL BONNER