Quotes

"Take a simple idea and take it seriously.”
-Charlie Munger

This is your reminder.
instagram.comPoverty isn’t simply the condition of not having enough money. It’s the condition of not having enough choice and being taken advantage of because of that.
Matthew Desmond • Poverty, by America
“Somebody may beat me—but they’re going to have to bleed to do it.” from Shoe Dog.

12 ideas from Don Valentine (founder of Sequoia)
1. There are two things in business that matter, and you can learn this in two minutes- you don’t have to go to business school for two years: high gross margins and cash flow. The other financial metrics you can forget.
2. The… Show more
Entrepreneurship and hard work, not dynastic inheritance, is the primary path to a nine- or ten-figure net worth. Around three-quarters of the wealthiest 1% of American families
own
privately held businesses (compared to 5% of families in the bottom half of the wealth distribution), with business assets accounting for more than one-third of their ba... See more
own
privately held businesses (compared to 5% of families in the bottom half of the wealth distribution), with business assets accounting for more than one-third of their ba... See more
Michael R. Strain • In Defense of Billionaires | by Michael R. Strain - Project Syndicate
There is no possession more valuable than a sober sunrise, and any drunk who demands more out of life than that will probably not have it - James Lee Burke. Can’t remember which book of his it’s from.
Don’t fear the competition. Fear the customer.