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 BONNERPeople do not get what they want or what they expect from the markets; they get what they deserve.
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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If there is one thing that marks families with money in the long term it is this: delayed gratification.
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So it’s a matter of fitting your current practices to fit the event and the individual. See, what’s good for you might not be worth a darn for the next guy.
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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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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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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.
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There’s no such thing as bad weather, just soft people.
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To bring inspiration and innovation to every athlete* in the world.
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If you have a body, you are an athlete!
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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 athlete makes himself, the coach doesn’t make the athlete.
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You don’t get what you want from investing, you get what you deserve.
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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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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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