A Quote by Buddy Hackett
Your financial cost can best be figured out when you realize that if you were to devote the same time and energy to business instead of gold, you would be a millionaire in approximately six weeks.
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The US in some ways has been the best. Who figured out shale gas? Although that wasn't a good thing [for CO2 levels], it was very innovative. It's led to low-cost energy. Who figured out nuclear power? Largely the United States. Once you get past the steam engine, which is mostly British, then the US has been at the center of most of the energy things that have happened.
Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.
Business is essentially applied rationality:
a systematic process of thinking that produces a real-world result. Instead of mortgaging your life to go to business school, it's possible to dramatically increase your knowledge of business on your own time and with little cost - without setting foot inside a classroom.
In 2008, after holding down a day job for all of six weeks, I gave up on the whole job thing to pursue an online business. At the time, I had absolutely no clue what I was doing, but I figured if I was going to be broke and miserable, I might as well be while working on my own terms.
I sat next to Robert Duvall at the lawyers' table for six weeks, and it's still probably the best six weeks of my life.
You don't realize how long that NFL season is. It's a long season, especially in your first year. Not only do you spend a lot of time preparing for the draft and working out, but they you have OTAs, minicamps, training camp, preseason games. By the time you get to week six you've already had one of the longest years of your football life and you still have 11 weeks to go, plus the playoffs.
It would take six months to get to Mars if you go there slowly, with optimal energy cost. Then it would take eighteen months for the planets to realign. Then it would take six months to get back, though I can see getting the travel time down to three months pretty quickly if America has the will.
When first starting to work with someone you try to get them in the same mindset that you were in when you were successful, and I realized the best thing you can ever do is realize that they are not you. They have a different persona and mindset, and you have to figure out what works best within your communication with that athlete.
Since your time is your main involvement here - I mean, the clay doesn't cost very much. Even the glaze and the firing doesn't cost a great deal. But your time is the cost, and if you can keep your time to a minimum and still come out with the results you want, that means the pots can be sold for an economic price.
If you're able to enjoy something, to devote your life to it or a reasonable amount of time and energy, it will work out for you.
Whoever wants music instead of noise, joy instead of pleasure, soul instead of gold, creative work instead of business, passion instead of foolery, finds no home in this trivial world of ours.
I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis.
The NFL is a performance-based business, so you should have to perform to earn some of your money. At the same time, I realize that my success isn't just because of what I do out there.
If you could do something that would make people happy, and it would cost you neither money nor time, would you do it? If that same thing made you happy, would you do it? What is this magical thing that will brighten your day and the days of people around you and yet cost you nothing? A smile.
Business people do two things with their time fundamentally. The first is that they try to create sales, right? Revenue, key to business. But the other thing they devote their time to equally is cost containment. That is to say, how to not create jobs. Because the fewer jobs you can create for the revenue you create, the more profit you make.
We always work at least a month to six weeks before we go on the road, usually for something like eight to 12 hours a night. It took six weeks to do it this time. We just play virtually everything we know.
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