A Quote by Errol Flynn
My problem lies in reconciling my gross habits with my net income.
Related Quotes
Whenever I think about the budgetary problems, I think about the problems of Errol Flynn ... reconciling net income with gross habits.
The climate change problem is at its heart an ethical problem. It's a problem of income distribution and it's a problem of income distribution with dimensions that we don't usually think about very much.
I often write about reconciling. Reconciling, or maybe half-reconciling between antagonists, between people who are deadly enemies.
I try to figure my adjusted gross income, but no matter how I figure it, it's still gross.
The reasons and purposes for habits are always lies that are added only after some people begin to attack these habits and to ask for reasons and purposes. At this point the conservatives of all ages are thoroughly dishonest: they add lies.
If you aren't going to make your revenue plan, it's unlikely you'll make your EBITDA or Net Income plan. You don't even have to get complicated and look at Gross Margin or more derivative metrics - if you are off in Q1 and have any sort of growth expectations , you are going to miss for the year.
In truth, the only difference between those who have failed and those who have succeeded lies in the difference of their habits. Good habits are the key to all success. Bad habits are the unlocked door to failure. Thus, the first law I will obey, which precedeth all others is - I will form good habits and become their slave.
It seems, in theory, that I should be able to control at least a few of my bad habits. The problem is that my habits make me depressed, and the depression makes me want to indulge my habits and so I do. There isn't any solution to this.
In time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year.
I often write about reconciling. Reconciling, or maybe half-reconciling between antagonists, between people who are deadly enemies. I write about reconciliation, but not as a miracle, as a slow, gradual process of mutual discovery - discovering one another. I write about sad, sober, sometimes heart-breaking compromises.
If I collected all the diamonds in the world, I'd have no 'income' but I'd have a lot of 'assets'. Would my company be worth nothing because I have no income? A lot of Net companies are collecting assets. They have to be measured with a new set of metrics.
I think automation will eliminate certain types of jobs - lower income, lower-skilled jobs in manufacturing. But nobody knows whether it's going to change the job basket of the 21st century, or be net positive, or net negative.
Younger women have no problem in reconciling beauty with ambitions as a professional woman.
I guess I'd be put in the ID politics camp. But there is really nothing in the world-view of, say, Bernie Sanders I actually disagree with. I'd like a guaranteed income, single-payer health care, a stronger safety net, etc. The problem is the temptation to paper over historically fraught issues to achieve that is tempting.
One of the dangers about net-net investing is that if you buy a net-net that begins to lose money your net-net goes down and your capacity to be able to make a profit becomes less secure. So the trick is not necessarily to predict what the earnings are going to be but to have a clear conviction that the company isn't going bust and that your margin of safety will remain intact over time.
To ask the 'right' question is far more important than to receive the answer. The solution of a problem lies in the understanding of the problem; the answer is not outside the problem, it is in the problem.
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