A Quote by David Heinemeier Hansson
A fool and his money will soon be departed applies equally to venture capitalists as it does to everyone else.
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Money is the root of all evil.' Then we hear, 'A fool and his money are soon parted.' What are they talking about? If money is so evil, shouldn't it be, 'A wise man and his money are soon parted'? And another thing, how does a fool get money in the first place? I know some fools who have a lot of money, but they won't tell me how they got it, and I won't tell them.
Harvard and Yale concentrated with venture capitalists that got the best calls and brainpower. Very few firms made most of the money, and they made it in just a few periods. Everyone else returned between mediocre and lousy. When returns happened, envy rippled through institutional money management. The amount invested in venture capital went up 10 times post-1999. That later money was lost very quickly. It will happen again. I don't know anyone who successfully resists this stuff. It becomes a new orthodoxy.
In the area of work and money, we have one of the most intense gaps between fear-based and love-based thought. It's not that a miracle mindset applies to work and money any more than it applies to anything else; rather, it applies there no less than anywhere else.
A fool and his money are soon partying.
A fool and his money are soon elected.
A fool and his money are soon parted.
A fool and his money are soon married.
A fool and his money be soon at debate
A fool and his money are soon invited everywhere.
The more successful capitalists are in cutting their wage costs, the less money workers will have to buy back what those same capitalists produce. It's a contradiction.
Back in the late 1990s, venture capitalists got very excited about the Internet. A whole lot of money was poured into some companies that failed rather spectacularly, and a lot of people lost a lot of money.
A fool and his money are soon parted. It takes creative tax laws for the rest.
A fool and his money are soon parted. - Five Hundred Points of Good Husbandry.
There was a time when a fool and his money were soon parted, but now it happens to everybody.
President Obama's assault on the free-enterprise market and venture capitalists is anti-American and shows his greatest insecurity: his lack of private sector experience and his inability to understand the economy and help businesses thrive in these uncertain economic times.
The capitalists owned everything in the world, and everyone else was their slave. They owned all the land, all the houses, all the factories, and all the money. If anyone disobeyed them they could throw him into prison, or they could take his job away and starve him to death. When any ordinary person spoke to a capitalist he had to cringe and bow to him, and take off his cap and address him as 'Sir'
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