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Brunello: I wanted the brand to have my face. I wanted the product to convey the culture, life, lifestyle, dignity of work. We are a listed company, and I wanted to manufacture a product with dignity. I wanted a profit with dignity. Because the press all talk about the moral ethics of profit. Why can’t we have a dignified profit then?

There are almost the same except for one small thing – profitability.

After seven experiments with hundreds of children, we had some of the clearest findings I’ve ever seen: Praising children’s intelligence harms their motivation and it harms their performance. How can that be? Don’t children love to be praised? Yes, children love praise. And they especially love to be praised for their intelligence and talent. It re... See more

Back in the day, you had to read a Warren Buffett book or watch Jim Cramer on CNBC to effectively be in the know. If you didn’t have friends on Wall Street, you might be even further removed from the conversation.

Execution is the only moat.

Bob Dylan asks Cohen: "How long did it take you to write Hallelujah?”

“A couple of years” - Cohen replied.

It was a lie — it took him 7 years but he wanted to play it down

Cohen then asked Bob Dylan: “How long did it take you to write Just Like a Woman?”

Dylan replied: “Fifteen minutes”

Without action, knowledge is often meaningless. As Aristotle put it, to be excellent we cannot simply think or feel excellent, we must act excellently.

Logic requires that people find universal laws, but outside of scientific fields and once human psychology has a role to play, it is perfectly possible for behavior to become contradictory. A tax rise can cause you to work less because the returns of your labor are lower, or work harder to maintain your present level of disposable wealth. There are... See more