A Quote by Robert Klein
In the book of things people more often do wrong than right, investing must certainly top the list, followed closely by wallpapering and eating artichokes
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Leaders are people who do the right thing: managers are people who do things right. Both roles are crucial, but they differ profoundly. I often observe people in top positions doing wrong things well.
Discipline tops my list of most-hated things, followed closely by portobello mushrooms.
When the economy is strong, people tend to buy three things from the top of their wish list. But when things are bad, people often buy only the first thing on their list.
Investing is not a natural science but rather a social science. So, it's never purely empirical; what you are trying to do is everything you possibly can to enhance your probabilities of being right more often than being wrong.
You must never feel badly about making mistakes ... as long as you take the trouble to learn from them. For you often learn more by being wrong for the right reasons than you do by being right for the wrong reasons.
China is doing lots of things right. It's investing in education and R&D, it's opening up, it's more cosmopolitan than it's ever been. I think it's very likely that China will continue to explode economically and certainly become a superpower.
... The Book is more important than your plans for it. You have to go with what works for The Book - if your ideas appear hollow or forced when they are put on paper, chop them, erase them, pulverise them and start again. Don't whine when things are not going your way, because they are going the right way for The Book, which is more important. The show must go on, and so must The Book.
IBM isn't investing billions of dollars every year into research and development - and winning more patents than our top 10 competitors combined for more than a decade - as an academic exercise. But research is now being driven much more by what people need rather than just by what is possible.
You can never go wrong betting on Americans' bad eating habits. So I've made a ton investing in all fast food chains, while at the same time investing in Dockers, spandex, Spanx, and sweatpants. Basically, anything with an elastic waistband is a goldmine.
I can count on one hand the people who are legendary in my book, and Tom Waits is certainly right at the top. It's funny, though: When I tell people that I like Tom's music, it surprises them.
I like eating the right way, doing things the right way. I never had to have my dad come and say, 'Hey, you have to get back to the gym' or, 'Hey, you're eating wrong.'
Leadership (according to John Sculley) revolves around vision, ideas, direction, and has more to do with inspiring people as to direction and goals than with day-to-day implementation. A leader must be able to leverage more than his own capabilities. He must be capable of inspiring other people to do things without actually sitting on top of them with a checklist.
You can look in a book of wrong and learn more right. If you're reading a book that has all wrong in it , you're learning what not to do.
Many things influence a person's eating habits. Knowledge of what is considered healthy and what is not would be one, but I doubt it would make it to the top of the list.
Suspicion is far more to be wrong than right; more often unjust than just. It is no friend to virtue, and always an enemy to happiness.
I just want someone to explain to the American public why investing in transportation in Iraq is so much more important than investing in passenger rail right here in the United States of America.
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