Yes, there are constraints on the way the insiders use their power. There are ‘checks and balances,’ built into the constitution, for example.
BILL BONNERThe athlete makes himself, the coach doesn’t make the athlete.
More Bill Bonner Quotes
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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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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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Once vast numbers of people have come to believe the lie, they adjust their own behavior to bring themselves into sync with it, and thereby change the world itself.
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Harness the Power of Accelerated Failure – the faster you fail, the faster you succeed.
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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.
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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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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God determines how fast you’re going to run; I can help only with the mechanics.
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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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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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The real purpose of running isn’t to win a race, it’s to test the limits of the human heart.
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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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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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That 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.
BILL BONNER