"There is no deception now, Mr. Weller. Tears," said Job, with a look of momentary slyness, "tears are not the only proofs of distress, nor the best ones."
The leadership knows that you cannot solve the issues of China's future with the means of the past. The demographic consequences of the one-child policy, the build-up of the welfare state, the jobs for 7 million university graduates every year, the immense corruption: Even some Western governments would have to scramble to find solutions to such problems.
What we really have to do is take a day and sit down and think. The world is not going to end or fall apart. Jobs won't be lost. Kids will not run crazy in one day. Lovers won't stop speaking to you. Husbands and wives are not going to disappear. Just take that one day and think. Don't read. Don't write. No television, no radio, no distractions. Sit down and think. . . . Go sit in a church, or in the park, or take a long walk and think. Call it a healing day.
I got my first job the old-fashioned way: I took an elevator to the top floor of many buildings and walked down floor by floor on the stairs going into every firm and asking the receptionist if she knew of any jobs available.
My rather puritanical view is that any investment manager, whether operating as broker, investment counselor of a trust department, investment company, etc., should be willing to state unequivocally what he is going to attempt to accomplish and how he proposes to measure the extent to which he gets the job done.
And what's interesting, and I don't think a lot of Americans understand this fact, is that, one, most new jobs are created by small businesses; two, most small businesses pay tax at the individual income tax, or many small businesses pay tax there.