“I can find only three kinds of business in the universe: mine, yours and God's. Much of our stress comes from mentally living out of our business. When I think, "You need to get a job, I want you to be happy, you should be on time, you need to take better care of yourself," I am in your business. When I'm worried about earthquakes, floods, war, or when I will die, I am in God's business. If I am mentally in your business or in God's business, the effect is separation.” IfsThinkingWantNeedsShouldKindI CanWarCareJobsDiesUniverseThreeBusinessEffectsMinesStressSeparationWorriedI Want YouFloodEarthquakesI Want You To Be Happy Author:Byron Katie
“Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.” IfsShouldTryingRememberBusinessEnemyInvestmentInvestingExcitementExpensesInvestorsFearfulParticipationGreedyEquityBuffetsInvesting Money Author:Warren Buffett
“Long ago, Sir Isaac Newton gave us three laws of motion, which were the work of genius. But Sir Isaac's talents didn't extend to investing: He lost a bundle in the South Sea Bubble, explaining later, 'I can calculate the movement of the stars, but not the madness of men.' If he had not been traumatized by this loss, Sir Isaac might well have gone on to discover the Fourth Law of Motion: For investors as a whole, returns decrease as motion increases.” IfsMenWellsLongI CanWholeMightLawThreeLostStarsLossBusinessGoneSeaTalentMovementReturnGeniusIncreaseMadnessInvestmentSouthInvestingInvestorsBubblesFourthLong AgoExplainingNewtonDecreaseBundlesBuffetsIsaacHis LossLaws Of MotionEfficient Markets Author:Warren Buffett
“Would your reply possibly be this? Well, it all depends on what my tax rate will be on the gain you're saying we're going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent. Only in Grover Norquist's imagination does such a response exist.” IfsWellsDoeImaginationBusinessDependsTaxesPercentGainsAccountsInvestmentResponseRateSavingQuartersEarningSavingsGroverSavings Accounts Author:Warren Buffett
“If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.” IfsWorldInspirationalMightBusinessMediaInternetSocial MediaCustomersUnhappyMarketersSocial Media MarketingCustomer ExperienceCustomer LoyaltyInspirational Customer ServiceInspirational ServiceBest ServiceLoyal CustomersLoyalty In Business Author:Jeff Bezos