There are two main drivers of asset class returns – inflation and growth.
- Ray Dalio
Notable Quotables
I’m for the Wall Street Occupiers. But will they accept me when they find out I sell packaged mortgage default instruments to children?
- Steve Martin
The dove is my emblem…. I want to save and advance human life, not destroy it…. I am proud of the fact that I never invented weapons to kill…
- Thomas Edison
Never in the field of human conflict was so much owed by so many to so few.
- Winston Churchill
You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.
- Zig Ziglar
With sustained recovery of the local economy, marked improvement in consumer spending and increasing tourist arrivals from Mainland China, these led to the expansion of certain local retail trades including cosmetics, audio-visual products and jewellery which in turn boosted the demand for retail shop spaces.
- Lee Shau Kee
I’m a great believer in luck, and I find the harder I work the more I have of it.
- Thomas Jefferson
The future is here. It’s just not widely distributed yet.
- William Gibson
Success is a lousy teacher. It seduces smart people into thinking they can’t lose.
- Bill Gates
I don’t like accidental success. It’s what Bill Gates calls ‘random,’ a term he uses with the opposite of respect.
- Masayoshi Son
Where you start is not as important as where you finish.
- Zig Ziglar
Worry is interest paid before it’s due.
- Zig Ziglar
Making small changes to things that already exist might lead you to a local maximum, but it won’t help you find the global maximum.
- Peter Thiel
So much of what we call management consists of making it difficult for people to work.
- Peter Drucker
I think art is the ability to change people with your work, to see things as they are and then create stories, images, and interactions that change the marketplace.
- Seth Godin
Russia is a riddle wrapped in a mystery inside an enigma.
- Winston Churchill
Look at the product pipeline, look at the fantastic financial results we’ve had for the last five years. You only get that kind of performance on the innovation side, on the financial side, if you’re really listening and reacting to the best ideas of the people we have.
- Steve Ballmer
I guess Mr. Walton just had a personality that drew people in. He would yell at you from a block away, you know. He would just yell at everybody he saw, and that’s the reason so many liked him and did business in his store. It was like he brought in business by his being so friendly. (on role of managing partner)
- Inez Threet
I buy expensive suits. They just look cheap on me.
- Warren Buffett
When I feel particularly tired at the end of the day, or when irritability proves that my nerves are tired, I know beyond question that it has been an inefficient day both as to quantity and quality.
- Dale Carnegie
Pouring espresso is an art, one that requires the barista to care about the quality of the beverage.
- Howard Schultz
I agree with people like Richard Dawkins that mankind felt the need for creation myths. Before we really began to understand disease and the weather and things like that, we sought false explanations for them. Now science has filled in some of the realm – not all – that religion used to fill.
- Bill Gates
In this sense, if nothing about our society changes for the next 100 years, then the future is over 100 years away.
- Peter Thiel
I cringe at backstory. Because it never quite explains or gets into some psychological thing that is never quite right and never quite the truth and who knows why someone is some way.
- Steve Martin
Small groups of people bound together by a sense of mission have changed the world for the better. The easiest explanation for this is negative: it’s hard to develop new things in big organizations, and it’s even harder to do it by yourself. Bureaucratic hierarchies move slowly, and entrenched interests shy away from risk. In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work (if this describes your company, you should quit now).
- Peter Thiel
To all of us comes that moment in life when we are literally tapped on the shoulder to do a very special thing unique to ourselves and our talents. What a pity if that moment finds us unprepared.
- Winston Churchill
I never called my work an ‘art’. It’s part of show business, the business of building entertainment.
- Walt Disney
I got my first computer in the 6th grade or so. As soon as I got it, I was interested in finding out how it worked and how the programs worked and then figuring out how to write programs at just deeper and deeper levels within the system.
- Mark Zuckerberg
You only have to succeed the last time.
- Phil Knight
The dollar has lost 90% of its value in the last century.
- Robert Kiyosaki
You can make something big when young that will carry you through life. Look at all the big startups like Microsoft, Apple, Google, Facebook, Twitter, etc. They were all started by very young people who stumbled on something of unseen value. You’ll know it when you hit a home run.
- Steve Wozniak
Let’s realize that the person we are going to correct and condemn will probably justify himself or herself, and condemn us in return; or, like the gentle Taft, will say: I don’t see how I could have done any differently from what I have.
- Dale Carnegie
Twenty years from now you will be more disappointed by the things that you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.
- Mark Twain
GE’s businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets.
- Jack Welch
The Group sold an attributable HK$3,434.6 million worth of properties in Hong Kong as compared with HK$6,810.9 million for the year before. In light of the then cautious market sentiment, the Group decided to defer the launch of a few new developments…
- Lee Shau Kee
Most people will choose unhappiness over uncertainty.
- Timothy Ferriss
The year I was born, 1955, the first big disease-eradication program in the world was declared for malaria. After about a decade of work, they realized that, at least in the tropical areas, they did not have the tools to get it done.
- Bill Gates
Most comedies are really hard to write, or to watch, because you kind of generally know what’s coming.
- Steve Martin
You know, there is always times where you feel discouraged and things coming against you, but I don’t know if I ever wanted to throw in the towel.
- Joel Olsteen
E – Energize Others
- Jack Welch
I’ve always had that gratitude that I had the opportunity to pursue my potential. So I think my story says that, when women are given the chance and the opportunity, that we can achieve a lot. We deliver. We can make the world a better place, one butt at a time.
- Sara Blakely
Think of your life as an hourglass. You know there are thousands of grains of sand in the top of the hourglass; and they all pass slowly and evenly through the narrow neck in the middle. Nothing you or I could do would make more than one grain of sand pass through this narrow neck without impairing the hourglass. You and I and everyone else are like this hourglass…if we do not take [tasks] one at a time and let them pass…slowly and evenly, then we are bound to break our own…structure.
- Dale Carnegie
My biggest wish is for government, the private sector and all of us to work together to make the Philippines the best tourism destination in Southeast Asia.
- Henry Sy
The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don’t like to use the word efficiency. It’s creativity. It’s a belief that every person counts.
- Jack Welch
If you pay that price daily by planning and preparing and working to become the right kind of person, then you can legitimately expect to have all that life has to offer.
- Zig Ziglar
Time can be an ally or an enemy. What it becomes depends entirely upon you, your goals, and your determination to use every available minute.
- Zig Ziglar
This is our commitment to users and the people who use our service, is that Facebook’s a free service. It’s free now. It will always be free. We make money through having advertisements and things like that.
- Mark Zuckerberg
Capitalism is this wonderful thing that motivates people, it causes wonderful inventions to be done. But in this area of diseases of the world at large, it’s really let us down.
- Bill Gates
I encourage active skepticism – when people are being skeptical because they’re trying to identify the best course of action. They’re trying to identify the next step for themselves or other people.
- Timothy Ferriss
Thinking about what might happen if we ran completely out of money—laying off all the employees that I’d so carefully selected and hired, losing all my investors’ money, jeopardizing all the customers who trusted us with their business—made it difficult to concentrate on the possibilities. Marc Andreessen attempted to cheer me up with a not-so-funny-at-the-time joke: Marc: “Do you know the best thing about startups?” Ben: “What?” Marc: “You only ever experience two emotions: euphoria and terror. And I find that lack of sleep enhances them both.
- Ben Horowitz
Recovery continues to gain momentum on a global basis.
- John Chambers
The good-to-great companies displayed two distinctive forms of disciplined thought. The first, and the topic of this chapter, is that they infused the entire process with the brutal facts of reality. (The second, which we will discuss in the next chapter, is that they developed a simple, yet deeply insightful, frame of reference for all decisions.)
- James C. Collins
You have to have your heart in the business and the business in your heart.
- Thomas J Watson
[On his son Matt dying in 2004 in a scuba diving accident] It aged me much faster than anything you can imagine…
- Phil Knight
We were pretty schizophrenic. We were going to take on the world, but we couldn’t make payroll.
- Phil Knight
I will be liken to the rain drop which washes away the mountain; the ant that devours a tiger; the star which brightens the earth; the slave who builds a pyramid. I will build my castle one brick at a time for I know that small attemps, repeated will complete my undertaking.
- Og Mandino
Be a victor , not a victim.
- Joel Olsteen
We started with this very simple idea
- Jack Dorsey
From his neck down a man is worth a couple of dollars a day, from his neck up he is worth anything that his brain can produce.
- Thomas Edison
We are in the throes of a transition where every publication has to think of their digital strategy.
- Bill Gates
As an immigrant, I chose to live in America because it is one of the freest and most vibrant nations in the world. And as an immigrant, I feel an obligation to speak up for immigration policies that will keep America the most economically robust, creative and freedom-loving nation in the world.
- Rupert Murdoch
To change somebody’s behavior, change the level of respect she receives by giving her a fine reputation to live up to. Act as though the trait you are trying to influence is already one of the person’s outstanding characteristics.
- Dale Carnegie
When we try to drill and practice someone into subservient obedience, we’re stamping out the artist that lives within.
- Seth Godin
My first professional job was to sell heavy-duty waterless cookware.
- Zig Ziglar
I worked with such concentration and focus and I had hundreds of obscure engineering or programming things in my head. I was just real exceptional in that way.
- Steve Wozniak
Measles will always show you if someone isn’t doing a good job on vaccinations. Kids will start dying of measles.
- Bill Gates
You won’t get anything unless you have the vision to imagine it.
- John Lennon
A person’s toothache means more to that person than a famine in China which kills a million people. A boil on one’s neck interests one more than forty earthquakes in Africa.
- Dale Carnegie
I was not naturally talented. I didn’t sing, dance or act, though working around that minor detail made me inventive.
- Steve Martin
Creating content that allows us to share our experiences, thoughts, and ideas in real time is becoming an intrinsic part of life in the twenty-first century.
- Gary Vaynerchuk
I think it is a sad day for the company and we are going to miss him. But, typically of him, he has planned his own succession immaculately. We will have a dinner and a nice party for him.
- Simon Wolfson
On John D. Rockefeller and the ideal entrepreneur: He embodied all its virtues of thrift, self-reliance, hard work, and unflagging enterprise.
- Ron Chernow
Negative Personality.
- Napoleon Hill
Elite students climb confidently until they reach a level of competition sufficiently intense to beat their dreams out of them. Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?
- Peter Thiel
The odds of me coming into the rocket business, not knowing anything about rockets, not having ever built anything, I mean, I would have to be insane if I thought the odds were in my favor.
- Elon Musk
By June this year, the [Henderson] Group had sold approximately 9,500 residential units totally around HK$21 billion in aggregate value.
- Lee Shau Kee
We gave new customers $10 for joining, and we gave them $10 more every time they referred a friend.
- Peter Thiel
When Paul Allen and I started Microsoft over 30 years ago, we had big dreams about software.” We had dreams about the impact it could have.
- Bill Gates
Exercise is bunk. If you are healthy, you don’t need it: if you are sick you should not take it.
- Henry Ford
Most fears of rejection rest on the desire for approval from other people. Don’t base your self-esteem on their opinions.
- Harvey Mackay
Money won’t make you happy… but everybody wants to find out for themselves.
- Zig Ziglar
We must learn to live together as brothers or perish together as fools.
- Martin Luther King Jr.
I DECLARE breakthroughs are coming in my life, sudden bursts of God’s goodness. Not a trickle. Not a stream. But a flood of God’s power. A flood of healing. A flood of wisdom. A flood of favor. I am a breakthrough person and I choose to live breakthrough minded. I am expecting God to overwhelm me with His goodness and amaze me with His favor. This is my declaration.
- Joel Olsteen
We believe that within five years, 96 percent of British consumers will have access to the internet, whether it be through a personal computer, a set-top box or a mobile phone.
- Richard Branson
From an evolutionary standpoint, human consciousness has not been around very long. A little light just went on after four and a half billion years. How often does that happen? Maybe it is quite rare.
- Elon Musk
When two partners always agree, one of them is not necessary. If there is some point you haven’t thought about, be thankful if it is brought to your attention.
- Dale Carnegie
Anyone who prefers owning a part of your company to being paid in cash reveals a preference for the long term and a commitment to increasing your company’s value in the future. Equity can’t create perfect incentives, but it’s the best way for a founder to keep everyone in the company broadly aligned.
- Peter Thiel
You have to BE before you can DO, and DO before you can HAVE.
- Zig Ziglar
Innovation is a good thing. The human condition – put aside bioterrorism and a few footnotes – is improving because of innovation.
- Bill Gates
EVERYBODY SELLS Nerds might wish that distribution could be ignored and salesmen banished to another planet. All of us want to believe that we make up our own minds, that sales doesn’t work on us. But it’s not true. Everybody has a product to sell—no matter whether you’re an employee, a founder, or an investor. It’s true even if your company consists of just you and your computer. Look around. If you don’t see any salespeople, you’re the salesperson.
- Peter Thiel
One thing I resent is the slur that I just support political candidates because of the business.
- Rupert Murdoch
Great vision without great people is irrelevant.
- Jim Collins
We believe our growth rate indicates that Cisco continues to gain market share against our traditional competitors in most product sectors.
- John Chambers
Just because something doesn’t do what you planned it to do doesn’t mean it’s useless.
- Thomas Edison
The basis of our partnership strategy and our partnership approach: We build the social technology. They provide the music.
- Mark Zuckerberg
Nonviolence is a powerful and just weapon. which cuts without wounding and ennobles the man who wields it. It is a sword that heals.
- Martin Luther King Jr.
On scores of occassions, when I have faced emergencies, some of them so grave that my life was in jeopardy, I have been miraculously guided past these difficulties through the influence of my Invisible Counselors. My original purpose in conducting Council meetings with imaginary beings, was soley that of impressing my own subconscious mind, through the principle of auto-suggestion, with certain characteristcs which I desired to acquire. In more recent years, my experimentation has taken on a different trend. I now go to my imaginary counselors with every difficult problem which confronts me and my clients. The results are often astonishing, although I do not depend entirerely on this form of counsel.
- Napoleon Hill
I’ve actually not read any books on time management.
- Elon Musk
It took thirty-eight years before 50 million people gained access to radios. It took television thirteen years to earn an audience that size. It took Instagram a year and a half.
- Gary Vaynerchuk
My job as a leader is to make sure everybody in the company has great opportunities, and that they feel they’re having a meaningful impact and are contributing to the good of society. As a world, we’re doing a better job of that. My goal is for Google to lead, not follow that.
- Larry Page





