A Quote by Michael Moritz
All you need do is listen to very smart people and sift out the ideas that are unworthy or implausible, and I wouldn't pretend for a moment that I hadn't made lots of mistakes and there are companies, perhaps, that we had been investors in.
Related Quotes
I am being bombed by questions of all kinds. I will try to be very concise and try to explain to the American people. We had a great number of mistakes in the economic fleld, naturally. I am not the critic. It is Fidel Castro, the one who has criticized repeatedly the mistakes we have made, and he explained why we have made them. We did not have a previous preparation. We made mistakes in agriculture. We made mistakes in industry. All these mistakes are being settled now.
Had my dad not been short and fat and balding, there's no doubt his career would have been very different. But he could do lots of stuff and made a very good career out of it. He had an incredible work ethic because he lost his father when he was very young, and the family had to pull together.
I have made lots of mistakes. I have had many bad days. I have hurt people and myself.
When private industry makes a mistake, it gets corrected and goes away. As governments make mistakes, it gets bigger, bigger and bigger and they make more, more and more because as they run out of money, they just ask for more and so they get rewarded for making mistakes. In the meantime that is exactly what we are doing by subsidizing companies which are failing, we have a reverse Darwinism, we've got survival of the unfittest, the companies and people that have made terrible mistakes are being rewarded and other people are being punished and being taxed.
Vladimir Ilyich [Lenin], your concrete actions are completely unworthy of the ideas you pretend to hold.
One of the best investors around, Joel Greenblatt, has written a popular, charming and funny book about investing in great companies at low P/E multiples. To simplify an already simple book, great companies are generally measured as companies that can generate lots of profit without requiring a lot of capital. This means that they have high ROEs.
Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.
I think the best war photos I have taken have always been made when a battle was actually taking place - when people were confused and scared and courageous and stupid and showed all these things. When you look at people right at the very moment of truth, everything is quite human. You take a picture at this moment with all the mistakes in it, with everything that might be confusing to the reader, but that's the right combat photo.
You need to listen to the people experiencing the problems, and their ideas need to crowd out the words of the 'can't be done-ers.'
I have been through a lot and have suffered a great deal. But I have had lots of happy moments, as well. Every moment one lives is different from the other. The good, the bad, hardship, the joy, the tragedy, love, and happiness are all interwoven into one single, indescribable whole that is called life. You cannot separate the good from the bad. And perhaps there is no need to do so, either.
As I look back I know that most of the mistakes I have made have come when I didn't listen to myself, when I didn't trust my instincts... I believe you need to listen, carefully, to hear your inner voice. And then, you have to do what it says.
People need to trust what gardai say on the stand, and I can understand that perhaps in a scenario whereby lots of things are happening quickly and people are caught up in the heat of the moment, they may have a recollection that isn't exactly as things happened.
I've had lots of fans who come out and say, 'Listen, I can relate to Cyborg because I lost a limb,' or 'I have this cochlear implant.' It's one of those things when you actually start seeing it, when you actually start hearing about it, that made Cyborg more relevant to me than I think he ever had been up until that point.
I've had very little negative pushback. I think people in the Senate know that I have believed, for a number of years, and have been outspoken that we need to listen to what the American people are telling us, and we need to focus more on the well-being of people who make lower wages, $50,000 and below.
We all hold on to some image of the family we want, based one way or another on the family we had. Lots of people are thrilled about the families they came from, others couldn't get away fast enough. Most people fall into that vast middle ground: great affection mixed with a few ideas for improvement. A couple of things they wish could have perhaps been done differently.
Everyone feels awkward, everyone feels uncomfortable, everyone gets older, everyone gets lonely, everyone gets sick, everyone eventually dies. You’re at the Aspen Ideas Fest, and you have these really smart, really accomplished people who pretend like they’ve somehow figured out a way to bypass the human condition. We live in this culture where there are so many things that want us to pretend that we’re not truly human.
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