I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
Among the rich you will never find a really generous man even by accident. They may give their money away, but they will never give themselves away; they are egotistic, secretive, dry as old bones. To be smart enough to get all that money you must be dull enough to want it.
Most people who meet my wife quickly conclude that she is remarkable. They are right about this. She is smart, funny and thoroughly charming... Often, after hearing her speak at some function or working with her on a project, people will approach me and say something to the effect of "You know, I think the world of you, Barack, but your wife... wow!"
All over the world there are enormous numbers of smart, even gifted, people who harbor a passion for science. But that passion is unrequited. Surveys suggest that some 95% of Americans are "scientifically illiterate." That's...the same fraction...of slaves who were illiterate before the Civil War.
The why is plain as way to parish church:
He that a fool doth very wisely hit
Doth very foolishly, although he smart,
Not to seem senseless of the bob; if not,
The wise man's folly is anatomiz'd
Even by the squand'ring glances of the fool.
No company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.
I often went entire days without speaking - unable to get a word in over my inner taskmaster, who never shut up: “You fat, disgusting slob, you'll never be thin enough, good enough, smart enough, tough or talented enough.
As I said in my State of the Union address ensuring the security of the United States and the safety of our people demands a smart, patient and disciplined approach to the world.
It is the responsibility of scientists never to suppress knowledge, no matter how awkward that knowledge is, no matter how it may bother those in power; we are not smart enough to decide which pieces of knowledge are permissible, and which are not.
Another editor. That thing behind his ear is his pencil. Whenever he finds a bright thing in your manuscript he strikes it out with that. That does him good, and makes him smile and show his teeth, the way he is doing in the picture. This one has just been striking out a smart thing, and now he is sitting there with his thumbs in his vest-holes, gloating. They are full of envy and malice, editors are.
You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing. I've never borrowed a significant amount of money in my life. Never. Never will. I've got no interest in it.
We're all getting too smart. Our brains are just getting bigger and bigger, and the world dries up and dies when there's too much thought and not enough heart.
I think most importantly the reason we've been on the upswing is Ring of Honor has been very smart about the speed of its growth. ROH is not a company that says ok we're going to throw all this money in and let's just go for it. ROH has the business approach of slow but steady.