A Quote by Bill Watterson
The secret to happiness is short-term, stupid self-interest!
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People always say be true to yourself. But that’s misleading, because there are two selves. There’s your short term self, and there’s your long term self. And if you’re only true to your short term self, your long term self slowly decays.
Self-interest and mutual interest are inextricably linked. National interests can best be advanced through collective action, ... Calculate not just the human misery of the poor themselves. Calculate our loss: The aid, the lost opportunity to trade, the short-term consequences of the multiple conflicts; the long-term consequences on the attitude to the wealthy world of injustice and abject deprivation amongst the poor.
Stupid religion makes stupid beliefs, stupid leaders make stupid rules, stupid environment makes stupid health, stupid companions makes stupid behaviour, stupid movies makes stupid acts, stupid food makes stupid skin, stupid bed makes stupid sleep, stupid ideas makes stupid decisions, stupid clothes makes stupid appearance. Lets get rid of stupidity from our stupid short lives.
Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
The government can indefinitely control both short-term and long-term interest rates.
Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.
Democracies are expense-averse and they think in terms of short-term, political interests rather than a long-term interest in stability.
The most self-disciplined people in the world aren't born with it, but at one point they start to think differently about self discipline. Easy, short-term choices lead to different long-term consequences. Difficult short-term choices lead to easy long-term consequences. What we thought was the easy way led to a much more difficult life. I think that motivation is sort of like a unicorn that people chance like a magic pill that will make them suddenly want to work hard. It's not out there.
I believe compassion to be one of the few things we can practice that will bring immediate and long-term happiness to our lives. I'm not talking about the short-term gratification of pleasures like sex, drugs or gambling (though I'm not knocking them), but something that will bring true and lasting happiness. The kind that sticks.
One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones.
The dominance of short-term perspectives has led to routine decisions in the markets that sacrifice the long-term buildup of genuine value in pursuit of artificial, short-term gains.
This is the secret of life: the self lives only by dying, finds its identity (and its happiness) only by self-forgetfulness, self-giving, self-sacrifice, and agape love.
Your immediate environment is comprised of coffee shops, supermarkets, websites, apps and all kinds of things - none of which have an interest in your long-term or short-term financial well-being.
The FOMC has considerable control over short-term interest rates. We have much less influence over long-term rates, which are set in the marketplace.
Politicians and the government have become too interested in short-term gains. Of course, if you look at the direct financial returns in the short term, human space flight is expensive. But they need to look longer term.
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