David Ruella > David's Quotes

“Humanity is an organism, inherently rejecting all that is deleterious, that is, wrong, and absorbing after trial what is beneficial, that is, right. If so disposed, the Architect of the Universe, we must assume, might have made the world and man perfect, free from evil and from pain, as angels in heaven are thought to be; but although this was not done, man has been given the power of advancement rather than of retrogression. The Old and New Testaments remain, like other sacred writings of other lands, of value as records of the past and for such good lessons as they inculcate. Like the ancient writers of the Bible our thoughts should rest upon this life and our duties here. "To perform the duties of this world well, troubling not about another, is the prime wisdom," says Confucius, great sage and teacher. The next world and its duties we shall consider when we are placed in it.”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and the Gospel of Wealth

“Among the conditions of life or the laws of Nature, some of which seem to us faulty, some apparently unjust and merciless, there are many that amaze us by their beauty and sweetness. Love of home, regardless of its character or location, certainly is one of these.”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and The Gospel of Wealth

“I believe that higher wages to men who respect their employers and are happy and contented are a good investment, yielding, indeed, big dividends. The”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and The Gospel of Wealth

“Certainly the man who makes his own wealth eclipses those who inherit rank from others.” I”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and The Gospel of Wealth

“If we truly care for others we need not be anxious about their feelings for us. Like draws to like.”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and The Gospel of Wealth

“tall oaks from little acorns grow.”
― Andrew Carnegie, The Autobiography of Andrew Carnegie and The Gospel of Wealth

“Effectiveness is about asking the questions, what do we want our business to be great at? And what is the best way to achieve the results we desire?”
― Hendrith Smith

“In terms of biological systems, efficiency is a matter of life or death. And the same is true in terms of business systems.”
― Hendrith Smith

“In natural ecosystems, the efficient allocation of capital is a prerequisite for all other success metrics. The same is true of economic systems. The efficient allocation of capital is a prerequisite for all other success metrics.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Human resource management begins in elementary school. You can’t expect to hire a 21 year old or a 40 year old or a 60 year old and magically with good training, replace the programming they received in K-12.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“One way to improve efficiency is to streamline processes according to schedules, required inputs and expected outputs.”
― Hendrith Vanlon Smith Jr

“Ideas are valuable in business and they should be treated as such.”
― Hendrith Smith

“Capital markets need to reward human progress in addition to profits. The two can be co-collaborators - human progress can amplify profits and profits can amplify human progress.”
― Hendrith Smith

“Nature has mastered compounding. At Mayflower-Plymouth we want our capital, profits and growth to compound the way compounding happens in thriving forests.”
― Hendrith Smith

“Large scale investing is best done by professional investors, not hobbyists.”
― Hendrith Smith

“Mayflower-Plymouth will be the largest Capital Management Company in the world by 2040.”
― Hendrith Smith

“We prioritize integrity and honesty when it comes to our Assets Under Management.”
― Hendrith Smith

“Investing is an art and a science, not a hobby.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“An unplanned day invites both distraction and destruction.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“I don’t believe we have to choose between capital preservation, income and growth. All of these are attainable at the same time, but to varying degrees.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“I hate debt - except when I’m buying it at a premium and expecting to earn a profit on it.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“I hate debt - except when I’m the lender.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“North Carolina and Virginia are probably two of the most business friendly states in the USA.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“The thriving business environment in Charlotte North Carolina is a beautiful thing to see.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“We cannot have a healthy economic system if all the money is being invested passively. Active money management is vital to economic well-being.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“I love having statistical advantages.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Return on Investment should be holistic.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Capital is a lot like people; it needs to be employed.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“There’s nothing more disastrous than unemployed capital.”
― Hendrith Smith

“Disengaged ownership of capital causes ownership of capital disengaged.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth