A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn’t dramatic.
- Ray Dalio
Notable Quotables
We will be one of the most productive residential developers in China in the next few years.
- Lee Shau Kee
Few people are logical. Most of us are prejudiced and biased. Most of us are blighted with preconceived notions, with jealousy, suspicion, fear, envy and pride.
- Dale Carnegie
The librarian is the interface between reams of data and the untrained but motivated user.
- Seth Godin
Like it or not, life is a series of competitions. You may be competing for a grade, a spot on a team, a job, or the largest account in town. The higher your self-esteem is, the better you get along with yourself, with others, and the more you’ll accomplish.
- Harvey Mackay
Use money to make money. Save your ‘first bucket of gold.’ or small fortune – but then use it for investments. Don’t just park money in the bank.
- Lee Shau Kee
Freely chosen, discipline is absolute freedom.
- James C. Collins
American running shoes were still made by offshoots of the tire companies, cheap and terrible. They cost five bucks and gave you blood blisters…
- Phil Knight
To boil water, the MED is 212°F (100°C) at standard air pressure. Boiled is boiled. Higher temperatures will not make it more boiled.” Higher temperatures just consume more resources that could be used for something else more productive.
- Timothy Ferriss
Today, if you want to access a typical out-of-print book, you have only one choice – fly to one of a handful of leading libraries in the country and hope to find it in the stacks.
- Sergey Brin
I am not a best-writing author. I am a best-selling author.
- Robert Kiyosaki
The group has continued to dedicate itself to its core businesses in property, infrastructure development, hotel operations and telecommunications. As for our operations in China, we expect to reap good returns from the investments in infrastructure, government housing and city core redevelopment projects as time goes by. Our strategic foothold in telecommunications will allow us to become an important player in the telecom industry.
- Cheng Yu-tung
Before I left China, I was educated that China was the richest, happiest country in the world. So when I arrived Australia, I thought, ‘Oh my God, everything is different from what I was told.’ Since then, I started to think differently.
- Jack Ma
An analysis of several hundred people who had accumulated fortunes well beyond the million dollar mark, disclosed the fact that every one of theme had the habit of reaching decisions promptly, and changing these decisions slowly if and when they were changed…The major weaknes of all educational systems is that they neither teach nor encourage the habit of DEFINITE DECISION…Most individuals lack the will-power to reach decisions promptly, and to stand by them after they have been made, even during normal business conditions.
- Napoleon Hill
Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.
- Winston Churchill
How Many Marriages Would Be Better If the Husband and the Wife Clearly Understood That They’re On the Same Side?
- Zig Ziglar
Since time is your most valuable asset, it’s odd to spend it working with people who don’t envision any long-term future together. If you can’t count durable relationships among the fruits of your time at work, you haven’t invested your time well—even in purely financial terms.
- Peter Thiel
The great ambition should be to excel all others engaged in the same occupation.
- P.T. Barnum
The interesting thing is when we design and architect a server, we don’t design it for Windows or Linux, we design it for both. We don’t really care, as long as we’re selling the one the customer wants.
- Michael Dell
Sometimes put the idea away…
- Jack Dorsey
As much as possible, avoid hiring MBAs. MBA programs don’t teach people how to create companies. At my companies, our position is that we hire someone in spite of an MBA, not because of one.
- Elon Musk
The mediocre teacher tells. The good teacher explains. The superior teacher demonstrates. The great teacher inspires.
- William Arthur Ward
Look at what caused people to make a lot of money and you will see that usually it is in proportion to their production of what the society wanted.
- Ray Dalio
Difference between TV and the internet was how far you sat from the screen. TV was an 8 foot activity, and you were a consumer. The internet was a 16 inch activity, and you participated. I think the sitting down thing is similar. You’re not going to buy an armoir while standing on the subway.
- Seth Godin
Life can be boring unless you put some effort into it.
- John C. Maxwell
If we only have great companies, we will merely have a prosperous society, not a great one. Economic growth and power are the means, not the definition, of a great nation.
- James C. Collins
Why don’t you start believing that no matter what you have or haven’t done, that your best days are still out in front of you.
- Joel Olsteen
Dear Sir: My ten years of bank experience should be of interest to a rapidly growing bank like yours. In various capacities in bank operations with the Bankers Trust Company in New York, leading to my present assignment as Branch Manager, I have acquired skills in all phases of banking including depositor relations, credits, loans and administration. I will be relocating to Phoenix in May and I am sure I can contribute to your growth and profit. I will be in Phoenix the week of April 3 and would appreciate the opportunity to show you how I can help your bank meet its goals. Sincerely.
- Dale Carnegie
The truth of Moore’s law has made remarkable things possible. On the software side, I think natural user interfaces in all their forms are equally significant.
- Bill Gates
Making it good at scale means admitting that it must be different and embracing the changes that you’ll need to make to keep things from falling apart.
- Ben Horowitz
Choose wise and Godly people to advise you.
- George Foreman
Take every opportunity to inject self-confidence into those who have earned it. Use ample praise, the more specific the better.
- Jack Welch
The slower growth in revenues and continued pressure on margins will result in negative earnings comparison for at least the next two quarters, with fiscal 1998 earnings per share likely to be in the 2 to 2.15 range.
- Phil Knight
Never hold discussions with the monkey when the organ grinder is in the room.
- Winston Churchill
I was fascinated with jeans, because you can impress your life upon the jeans you wear. The way you sit imprints on the jeans.
- Jack Dorsey
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
The War was decided in the first twenty days of fighting, and all that happened afterwards consisted in battles which, however formidable and devastating, were but desperate and vain appeals against the decision of Fate.
- Winston Churchill
There is one weakness in people for which there is no remedy. It is the universal weakness of LACK OF AMBITION!
- Napoleon Hill
The three short years I spent at Harvard, where I lived with excellent people, taught me not only that I must know how to choose my partners but also that choosing excellent partners is a skill you can learn. Obviously, when you spend time with the best, you learn how to choose among them.
- Jorge Paulo Lemann
Unless you have perfectly conventional beliefs, it’s rarely a good idea to tell everybody everything that you know. So who do you tell? Whoever you need to, and no more. In practice, there’s always a golden mean between telling nobody and telling everybody—and that’s a company. The best entrepreneurs know this: every great business is built around a secret that’s hidden from the outside.
- Peter Thiel
Young people in China and Hong Kong are the future of the motherland.
- Cheng Yu-tung
We believed in our idea – a family park where parents and children could have fun together.
- Walt Disney
An individual has not started living until he can rise above the narrow confines of his individualistic concerns to the broader concerns of all humanity.
- Martin Luther King Jr.
Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets.
- Henry Ford
Today our challenge is to both imagine and create the new technologies that can make the 21st century more peaceful and prosperous than the 20th.
- Peter Thiel
History recalls the remarkable resilience of the territory’s people.
- Cheng Yu-tung
Jeremy Stoppelman started Yelp. Max Levchin started Slide. I started LinkedIn. It was a mininova explosion of folks jumping out to doing other entrepreneurial activities.
- Reid Hoffman
We cannot continue. Our pension costs and health care costs for our employees are going to bankrupt this city.
- Michael Bloomberg
God would not have put a dream in your heart if He had not already given you everything you need to fulfill it.
- Joel Olsteen
Develop success from failures. Discouragement and failure are two of the surest stepping stones to success.
- Dale Carnegie
the average person is more interested in his or her own name than in all the other names on earth put together.
- Dale Carnegie
This implies two very strange rules for VCs. First, only invest in companies that have the potential to return the value of the entire fund. This is a scary rule, because it eliminates the vast majority of possible investments. (Even quite successful companies usually succeed on a more humble scale.) This leads to rule number two: because rule number one is so restrictive, there can’t be any other rules.
- Peter Thiel
We’re totally legal, like totally legal, and the government is telling us to shut down. And you can either do what they say or you can fight for what you believe.
- Travis Kalanick
Age doesn’t matter, an open mind does.
- Timothy Ferriss
People who sell advertising are called “account executives.” People who sell customers work in “business development.” People who sell companies are “investment bankers.” And people who sell themselves are called “politicians.” There’s a reason for these redescriptions: none of us wants to be reminded when we’re being sold.
- Peter Thiel
The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under.
- Peter Drucker
If you want to help the poor and our next generation, make investment, reinvestment and businesses welcome.
- Gina Rinehart
Tip #1 – Self-motivation is the key to success and will achieve powerful results.
- Jack Nadel
Dream more than others think practical.
- Howard Schultz
People don’t care about what someone says about you in a movie – or even what you say, right? They care about what you build. And if you can make something that makes people’s life better, then that’s something that’s really good.
- Mark Zuckerberg
Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy only when others are fearful.
- Warren Buffett
The most important rule of raising money privately: Look for a market of one. You only need one investor to say yes, so it’s best to ignore the other thirty who say “no.”
- Ben Horowitz
Time is the scarcest resource and unless it is managed nothing else can be managed.
- Peter Drucker
Residential properties that were sold by the Group summed up to around 5,800 units and amounted to approximately HK$12.8 billion.
- Lee Shau Kee
You will either look back in life and say, I wish I had, or, I’m glad I did.
- Zig Ziglar
The more you praise and celebrate your life, the more there is in life to celebrate.
- Oprah Winfrey
Look at Microsoft, Google, and Facebook. They have all entered many sectors, and actually, in many of those sectors, they weren’t as early as Tencent.
- Ma Huateng
Too few people in computer science are aware of some of the informational challenges in biology and their implications for the world. We can store an incredible amount of data very cheaply
- Sergey Brin
The reality is that I surround myself with very smart, very strong people – including my ex-wives.
- Ronald Perelman
Have we not come to such an impasse in the modern world that we must love our enemies – or else? The chain reaction of evil – hate begetting hate, wars producing more wars – must be broken, or else we shall be plunged into the dark abyss of annihilation.
- Martin Luther King Jr.
Nothing can bring you peace but yourself.
- Dale Carnegie
We shall show mercy, but we shall not ask for it.
- Winston Churchill
I pass with relief from the tossing sea of Cause and Theory to the firm ground of Result and Fact.
- Winston Churchill
The moral arc of the universe bends at the elbow of justice.
- Martin Luther King Jr.
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
A group needs only two things to be a tribe: a shared interest and a way to communicate
- Seth Godin
Lack of ambition to aim above mediocrity.
- Napoleon Hill
Mobile is a lot closer to TV than it is to desktop.
- Mark Zuckerberg
With comedy, you have no place to go but more comedy, so you’re never off the hook.
- Steve Martin
The hazards of imitative competition may partially explain why individuals with an Asperger’s-like social ineptitude seem to be at an advantage in Silicon Valley today.
- Peter Thiel
Don’t wait for the right answer and the golden path to present themselves.This is precisely why you’re stuck. Starting without seeing the end is difficult, so we often wait until we see the end, scanning relentlessly for the right way, the best way and the perfect way.The way to get unstuck is to start down the wrong path, right now.Step by step, page by page, interaction by interaction. As you start moving, you can’t help but improve, can’t help but incrementally find yourself getting back toward your north star.You might not end up with perfect, but it’s significantly more valuable than being stuck.Don’t just start. Continue. Ship. Repeat.
- Seth Godin
Many residents have grown more cynical about government, … Sure, I want my constituents to feel good about me as their legislator, but we have to do something to restore the public’s faith in government.
- Michael Gerber
If the rate of change on the outside exceeds the rate of change on the inside, the end is near.
- Jack Welch
Freedom is only part of the story and half the truth…. That is why I recommend that the Statue of Liberty on the East Coast be supplanted by a Statue of Responsibility on the West Coast.
- Viktor E. Frankl
If something is worth doing, it is worth doing right. I take that one step further. You shouldn’t do anything unless you do it right.
- George Foreman
I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
- Prince Al Waleed Bin Talal Alsaud
Socialism needs to pull down wealth; liberalism seeks to raise up poverty. Socialism would destroy private interests, Liberalism would preserve [them] … by reconciling them with public right. Socialism would kill enterprise; Liberalism would rescue enterprise from the trammels of privilege and preference. Socialism assails the preeminence of the individual; Liberalism seeks … to build up a minimum standard for the mass. Socialism exalts the rule; Liberalism exalts the man. Socialism attacks capitalism; Liberalism attacks monopoly.
- Winston Churchill
Leadership qualities of Effective Leaders:
- Jack Welch
As a founder, your first job is to get the first things right, because you cannot build a great company on a flawed foundation.
- Peter Thiel
Visionary companies make some of their best moves by experimentation, trial and error, opportunism, and—quite literally—accident. What looks in retrospect like brilliant foresight and preplanning was often the result of Let’s just try a lot of stuff and keep what works.
- James C. Collins
Most answers to the contrarian question are different ways of seeing the present, good answers are as close as we can come to looking into the future.
- Peter Thiel
We’re pleased with the solid revenue and earnings per share results Cisco delivered during its second quarter, but also especially pleased with our strong order momentum. This proves our strategy is working in terms of the convergence of voice, video and data along with our balanced approach to our customer segments, core and advanced technologies, business and technology architecture and key geographic theaters.
- John Chambers
The one thing coaches cannot tolerate… is the individual who grows arrogant because he excelled at a lower level and believes he has nothing else to learn.
- Zig Ziglar
Successful people are always looking for opportunities to help others. Unsuccessful people are always asking, ‘What’s in it for me?
- Brian Tracy
Science investigates religion interprets. Science gives man knowledge which is power religion gives man wisdom which is control.
- Martin Luther King Jr.
The problem with competition is that it takes away the requirement to set your own path, to invent your own method, to find a new way.
- Seth Godin
If I hadn’t given my money away, I’d have had more than anyone else on the planet.
- Bill Gates
It might interest you to know that the 1828 Noah Webster Dictionary identifies the optimist in complimentary terms, but says nothing about the pessimist. The word ‘pessimist’ was not in our vocabulary at that time. It’s a modern ‘invention’ which I believe we should ‘dis-invent.’
- Zig Ziglar
Do not swallow anything Satan is trying to ram down your throat. Jesus comes first.
- Joel Olsteen
The way to work with a bully is to take the ball and go home. First time, every time. When there’s no ball, there’s no game. Bullies hate that. So they’ll either behave so they can play with you or they’ll go bully someone else.
- Seth Godin
