The higher the level of their investment activity, the greater the cost of financial intermediation and taxes, the less the net return that shareholders—as a group, the owners of our businesses—receive.
“When financial wizardry and short-term returns trump prudence and long-term value creation, customers and employees suffer.”
― The Personal MBA: Master the Art of Business
― The Personal MBA: Master the Art of Business
“I can’t emphasize this enough: the quickest and easiest way to screw up your life is to take on too much debt. The primary reason people spend decades working in jobs they despise is to pay off their creditors. Financial stress can destroy relationships, threaten your health, and jeopardize your sanity.”
― The Personal MBA: Master the Art of Business
― The Personal MBA: Master the Art of Business
“Skip business school. Educate yourself.”
― The Personal MBA: Master the Art of Business
― The Personal MBA: Master the Art of Business
“A Springfield “horseshoe” was an often grotesque open-faced sandwich in which a piece of meat was covered first with french fries and then with a cheeselike sauce. Visitors knowledgeable enough to avoid the local delicacy felt rightfully proud. The statement that Springfield was a city of “bad hotels and worse food” was perhaps apocryphal, but there was no shortage of bars, because drinking was state politicos’ top recreational activity.”
― Rising Star: The Making of Barack Obama – The Definitive Biography of the Formative Years and Forces Behind the 44th President
― Rising Star: The Making of Barack Obama – The Definitive Biography of the Formative Years and Forces Behind the 44th President
“Talent hits a target no one else can hit. Genius hits a target no one else can see. —Arthur Schopenhauer”
― Rumsfeld's Rules: Leadership Lessons in Business, Politics, War, and Life
― Rumsfeld's Rules: Leadership Lessons in Business, Politics, War, and Life
Eric’s 2025 Year in Books
Take a look at Eric’s Year in Books, including some fun facts about their reading.
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