A Quote by Jim Rogers
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
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Of course I think a 10-year investment would be in a team's best interest. Look at Cal Ripken Jr., that guy was around until he was like 40... Not that I'm going to be in my 40s at the end of the 10-year deal or anything.
In June 2005, mortgage rates were at 40-year lows, and risk premiums on mortgage securities were at all-time lows. Once the banks migrated to the subprime area, there was little else that could be done to send housing prices higher.
You're going to have highs and lows, but it's how you get through the lows.
If you're going to buy something which compounds for 30 years at 15% per annum and you pay one 35% tax at the very end, the way that works out is that after taxes, you keep 13.3% per annum. In contrast, if you bought the same investment, but had to pay taxes every year of 35% out of the 15% that you earned, then your return would be 15% minus 35% of 15%-or only 9.75% per year compounded. So the difference there is over 3.5%. And what 3.5% does to the numbers over long holding periods like 30 years is truly eye-opening.
Tomorrow is Now... If we act, 2015 can be a year for the history books. It can be the year that we put the world on the path to end extreme poverty; the year we place sustainability at the heart of our future; and the year that we agree that every person should be able to lead a life of dignity and opportunity.
Remember...this year has already seen more billion-dollar weather-related disasters than any year in US history. Last year was the warmest ever recorded on planet Earth. Arctic sea ice is near all-time record lows. Record floods from Pakistan to Queensland to the Mississippi basin; record drought from the steppes of Russia to the plains of Texas...This is what climate change looks like in its early stages.
I am subject to very powerful lows. When you have highs, you have terrible lows. When you pinpoint that you are responsible for everything that happens to you, it is very frightening.
I've had four knee surgeries in my career. I just don't do small injuries. The highs of winning are always balanced out by the lows of being injured and missing games. There was a time when I was out for nearly a year, having already been out for six months with another surgery before that.
Holiness is irresistible. If even 10% of the world's population had it the whole world would be converted and happy before the year's end.
I've seen a lot of highs and a lot of lows with this team, and one thing I've learned is that even though you have lows, you're not going to have them forever, so you've got to keep fighting.
My personal style has seen so many highs and lows. Probably more lows than highs.
I've seen a lot of highs and a lot of lows with this team, and one thing I've learned is that even though you have lows, you're not going to have them forever, so you've got to keep fighting.
(on the Los Angeles Galaxy)
I'm very lucky in that I still experience highs and lows. And I think those lows are important. But I am not totally paralyzed, and it keeps me from just complete state of paralysis - and emotionally and really kind of almost physically.
The highs and lows of Vitor Belfort, I would not want to be that guy. Be on top of the world getting all these 'knockouts of the night' and all these awards of the year and then all of a sudden get shunned into the shadows. He leads a shady life, and it seems like karma might be coming back.
Year's end is neither an end nor a beginning but a going on, with all the wisdom that experience can instill in us. Cheers to a new year and another chance for us to get it right.
It's become something of a ritual - every year, Google publishes its year-end summary of what the world wants, and every year I complain about how shallow it is, given what Google really knows about what the world is up to.
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