“I do know that all of the Michigan delegation worked very hard as related to the revival of the auto industry. There was really a choice between bankruptcy and liquidation. There was no one that was willing to come up not only with the cash to keep them afloat but also to serve the warranties of everyone, you and I that drive all these cars. There was no one that could have picked up those pieces other than the federal government. [The auto bailout was] bipartisan from the get-go. [Without it,] Michigan would have hit 40 percent unemployment rates.” KnowsHardGovernmentChoicesPiecesCarWillingIndustryRepublicanPercentRateCome UpRelatedCashUnemploymentFederal GovernmentRevivalBankruptcyMichiganBipartisanDelegationBailoutsUnemployment RateAuto IndustryWarranty Author:Fred Upton
“If you'd like to meet some fully realized characters while learning some specifics of Zimbabwe's postcolonial struggles, as I did, you're likely to come away with a vague feeling of dissatisfaction. If you're willing to settle for first-rate writing and provocative meditations on memory, corruption and loss, they are all here in abundance.” IfsWritingFirstsCharacterFeelingsMemoriesLossStruggleMeditationWillingRateCorruptionSettlingAbundanceVagueDissatisfactionProvocativeZimbabweSpecifics Author:Jabari Asim
“Innovators and creators are persons who can to a higher degree than average accept the condition of aloneness. They are more willing to follow their own vision, even when it takes them far from the mainland of the human community. Unexplored places do not frighten them- or not, at any rate, as much as they frighten those around them. This is one of the secrets of their power. That which we call genius has a great deal to do with courage and daring, a great deal to do with nerve.” HumansPersonsCommunityDealsSecretAcceptingVisionConditionsWillingGeniusHigherDegreesRateAverageCreatorNervesDaringInnovatorsUnexplored Author:Nathaniel Branden
“Search marketing, and most Internet marketing in fact, can be very threatening because there are no rules. There’s no safe haven. To do it right, you need to be willing to be wrong. But search marketing done right is all about being wrong. Experimentation is the only way. No one really knows whether that page will rank #1 in Google; no one really knows which paid search copy will get the highest click rate. Even experts can’t tell you which content will attract the most links. You just have to try it and see.” KnowsWayNeedsTryingDoneFactsHavensWillingInternetSafeHighestPagesPaidRateMarketingExpertsCopiesLinksGoogleThreateningClicksExperimentationBeing WrongSafe HavenInternet Marketing Author:Mike Moran
“The problem of dealing with the financial industry is being addressed today. You can measure it with interest rates coming down. You can measure it with the quantity of loans, and that sort of thing. The problem is, that nobody wants to take the loans. Once the banks are willing to give it, that's only half the problem.” WantGivingProblemInterestHalfWillingIndustryRateFinancialQuantityLoanInterest Rate Author:Michael Bloomberg
“It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability. Nobody is afraid that the money they place in the US is at risk of expropriation or of in some other way being taken away. For this safety, the wealth holders of the world are willing to accept a lower rate of return.” PeopleWorldWayCountryPoliticalWealthAcceptingTakenRiskSecurityWillingReturnSafetyRateAttractiveInstabilityPolitical Instability Author:Milton Friedman
“We're guessing at our future opportunity cost. Warrenis guessing that he'll have the opportunity to put capital out at high rates of return, so he's not willing to put it out at less than 10% now. But if we knew interest rates would stay at 1%, we'd change. Our hurdles reflect our estimate of future opportunity costs.” IfsOpportunityInterestWillingReturnCostRateOur FutureGuessingInterest RateHurdleOpportunity Cost Author:Charlie Munger
“It is certain that success naturally confirms in us a favourable opinion of our own abilities. Scarce any man is willing to allot to accident, friendship, and a thousand causes, which concur in every event without human contrivance or interposition, the part which they may justly claim in his advancement. We rate ourselves by our fortune rather than our virtues, and exorbitant claims are quickly produced by imaginary merit.” MenHumansMayCertainCausesAbilityOpinionVirtueEventsWillingThousandClaimsFortuneRateAccidentsMeritImaginaryAdvancementScarceConcur Book:The Rambler: In Four Volumes.. Source: The Rambler: In Four Volumes..