A Quote by David Wessel

I think the Chinese are really amateurs when it comes to running markets. — © David Wessel
I think the Chinese are really amateurs when it comes to running markets.

Quote Author

Chinese President Xi Jinping says that if Canada wants free access to Chinese markets, Trudeau should first ram a pipeline to the B.C. coast on China's behalf.
Turning pro is a mindset. If we are struggling with fear, self-sabotage, procrastination, self-doubt, etc., the problem is, we're thinking like amateurs. Amateurs don't show up. Amateurs crap out. Amateurs let adversity defeat them. The pro thinks differently. He shows up, he does his work, he keeps on truckin', no matter what.
Turning pro is a mindset. If we are struggling with fear, self-sabotage, procrastination, self-doubt, etc., the problem is, we’re thinking like amateurs. Amateurs don’t show up. Amateurs crap out. Amateurs let adversity defeat them. The pro thinks differently. He shows up, he does his work, he keeps on truckin’, no matter what.
Chinese... companies do not have to think about whether they do something to enhance their competitive edge in international markets.
Chinese don't really believe in markets. They like stability, they like control.
Marathon running, like golf, is a game for players, not winners. That is why Callaway sells golf clubs and Nike sells running shoes. But running is unique in that the world's best racers are on the same course, at the same time, as amateurs, who have as much chance of winning as your average weekend warrior would scoring a touchdown in the NFL.
I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium.
The Chinese government still would like to see U.S. Internet companies explore the Chinese market, providing they are willing to abide by Chinese law. I think companies like Facebook should think about the Chinese market.
Markets do not run better when manufacturing shifts to China largely because of the actions of its government. Nor do they become more efficient when Chinese companies are given special privileges in global markets, while American companies must struggle to compete with unfairly traded goods.
I majored in Chinese. I was never really good at Chinese but I really, really benefited from having been exposed to Asian philosophy early in my life.
I did get introduced to the financial markets while I was in college. And I think I learned also how to sort of filter out all of the nonrational, or nonsensible, noise and sort of concentrate on what matters, and that's really what markets are about.
Display companies, many of them that we've spoken to, are really excited about virtual reality because they're actually running out of innovation opportunities in other markets.
I think the thing that allows me to go into so many markets is that I can speak all the languages. Korean, Chinese, English, whatever. Thank you, my parents, for teaching me all the languages.
I think people are complacent. But complacency is like any other metric. It's easy to measure where it is, but it's hard to tell how persistent it is. What causes really big bear markets is not just when people are overly complacent - it's when that complacency is sticky. As long as the skepticism can refresh itself, I think that the markets are still quite viable.
There are photographers who push for war because they make stories. They search for a Chinese who has a more Chinese are than the others and they end up finding one. They have him take a typically Chinese pose and surround him with chinoiseries. What have they captured on their film? A Chinese? Definitely not: the idea of the Chinese.
Relationships is not a game of amateurs is what people say..But they begin to foster between amateurs and become a reason to make them matured grown-ups!
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