“Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.” RunningYoungWinningIndividualLosesChanceCompanyHigherPureToughSeekingWinnerFollyFundInvestorsSophisticatedTicketsVentureLotteryLottery Ticket Author:Steven Rattner
“I offer something very different from the lifelong career politicians who have worked their way up to run for higher office or those who can parachute in with checks for $5 million or $10 million, and that seems to be the definition of credible or legitimate. I'm rejecting that premise.” WayDifferentSeemsRunningCareersMillionsHigherPoliticianOffersOfficeDefinitionsChecksLifelongPremisesCredibleRejectingParachutesCareer Politicians Author:Elizabeth Emken
“Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.” IfsWayNeedsShouldDoeEndsProblemRunningOpportunityGrowthResultsGreaterFailingHigherCostSucceedIncreaseOriginalsFinalsPopulationDuesIncomeConsumptionNew WaysBetter OffInventorShortageScarcity Author:Julian Simon
“I am a great believer in high-priced people. If a thing cost a lot it may not be any better, but it adds a certain amount of class that the cheap thing can never approach; in the long run it's the higher-priced things that are the cheapest.” PeopleIfsMayLongRunningCertainBusinessClassAmountHigherCostApproachAddBelieverLong RunsCheap Things Book:Letters of a self-made diplomat to his President Source: Letters of a self-made diplomat to his President
“Near the top of the market, investors are extraordinarily optimistic because they've seen mostly higher prices for a year or two. The sell-offs witnessed during that span were usually brief. Even when they were severe, the market bounced back quickly and always rose to loftier levels. At the top, optimism is king, speculation is running wild, stocks carry high price/earnings ratios, and liquidity has evaporated. A small rise in interest rates can easily be the catalyst for triggering a bear market at that point.” YearsTwoRunningInterestLevelsBearsKingsHigherOptimismSellsRoseRateOptimisticInvestorsEarningSevereSpeculationCatalystRatiosInterest RateHigh PricesLiquidityRunning Wild Author:Martin Zweig
“Running a successful, growing company in Silicon Valley can create an ironic sort of depression and delusion. The better you're doing, the higher the stakes, and higher expectations for you to win. Maybe that's why people say it's so hard. But that doesn't make it hard. That just makes it distracting.” PeopleHardRunningWinningCompanySuccessfulGrowingHigherExpectationsDelusionValleysIronicStakesSiliconSilicon Valley Author:David Ulevitch
“The people who run the international tests told us, "the biggest predictor of student success is choice." Nations that "attach the money to the kids" and thereby allow parents to choose between different public and private schools have higher test scores. This should be no surprise; competition makes us better.” PeopleShouldDifferentRunningKidsSchoolChoicesNationsParentStudentsHigherTestsCompetitionSurpriseInternationalScoreStudent SuccessPrivate SchoolTest Scores Author:John Stossel
“Nationalisation...does not in itself engender greater equality, more jobs in the regions, higher investment or industrial democracy. The public knows this perfectly well, and so do the workers who have suffered from pit closures, steel redundancies and the run-down of the railways. It is idiotic to try to bamboozle them.” KnowsTryingWellsDoeRunningJobsDemocracyGreaterHigherInvestmentWorkersRegionsSteelPitsClosureIdioticRailwayRedundancyBamboozle Author:Anthony Crosland
“It is a mistake to think of these men as visionary dreamers, playing around at Philadelphia with abstract conceptions of political theory, pulling a whole scheme of government out of the air like a rabbit out of a hat. True, many of them had read and studied enough about the science of politics to put the average statesman of today to shame. But political science was to them an extremely practical topic of discussion, dealing with the extremely practical business of running a government--not, as today, a branch of higher learning reserved for the use of graduate students.” ThinkingMenEnoughWholeUseGovernmentRunningTodayPoliticalMistakeAirStudentsTheoryHigherShameAveragePracticalsDiscussionAbstractBranchesHatsConceptionDreamerGraduatesSchemesPullingTopicsRabbitsPolitical ScienceVisionariesStatesmenReservedPhiladelphiaTrue ManGraduate StudentsPlaying AroundPolitical TheoryHigher Learning Book:55 Men, Story of Constitution Source: 55 Men, Story of Constitution
“I hunt deer because they aren't capable of higher forms of thinking. All they care about is, 'What am I going to eat next, who am I going to screw next, and can I run fast enough to get away'. They are very much like the French in that way.” ThinkingWayEnoughCareRunningFormNextHigherCapableGet AwayScrewsHuntsDeer Author:Ted Nugent
“It's a Tenth Amendment issue. If you want Washington, if you want to implement their standards, that's your call... We certainly had higher standards than Common Core, so it was a very easy decision for Texans, myself and the legislature included, to basically say we still believe that Texans know how to best run Texas.” IfsKnowsWantBelieveStillsRunningEasyDecisionCommonEducationKnow HowIssuesHigherStandardsCoreTexasAmendmentsLegislatureTexanHigher StandardsCommon Core Author:Rick Perry
“It's the best gift in the world to be able to get up and dance because it's the best gym. You artistically stretch your brain and you physically stretch your body to a higher point than a singular rotation movement like running. It makes your whole body move in lots of different ways, and it can make you very flexible as well, which is good for later life.” WorldWayWellsDifferentWholeBodyRunningAbleMovingBrainMovementHigherYour BodyGet UpDifferent WaysGymFlexibleBest GiftRotation Author:Andrew Stone