Yuning Zhang

“The innovation of the high-savings development strategy is that consumption is squeezed to pay for productive investment in infrastructure and capital goods, rather than to pay for elaborate monuments and the military. Done correctly, this investment raises ordinary people’s living standards even as their share of economic output declines. The high-savings model is therefore the original version of trickle-down growth.”
― Matthew C Klein, Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace

“As a sentient being, you have the potential to flourish. You can refine your faculty of reason itself by learning and debating. You can seek explanations of the natural world through science, and insight into the human condition through the arts and humanities. You can make the most of your capacity for pleasure and satisfaction, which allowed your ancestors to thrive and thereby allowed you to exist. You can appreciate the beauty and richness of the natural and cultural world. As the heir to billions of years of life perpetuating itself, you can perpetuate life in turn. You have been endowed with a sense of sympathy—the ability to like, love, respect, help, and show kindness—and you can enjoy the gift of mutual benevolence with friends, family, and colleagues.”
― Steven Pinker, Enlightenment Now: The Case for Reason, Science, Humanism, and Progress

“But there's a world of difference between knowing a type and knowing a person. When you've traveled all over the planet, as I have, and communicate with people from other cultures, you come to understand that, ultimately, very few human beings conform to the stereotypes imposed upon them. And, for the most part, we all want the same things out of life.”
― Jim Rogers, A Gift to My Children: A Father's Lessons for Life and Investing

“Finally, financial markets move for infinite reasons: economic developments, political decisions, unexpected shocks, technological innovations, etc. All of them have different impacts and we cannot and should not seek to analyse them in depth, due to the difficulty of establishing appropriate relations between cause and effect. We”
― Francisco García Paramés, Investing for the Long Term