Americans make money by playing `money games,' namely mergers, acquisitions, by simply moving money back and forth ... instead of creating and producing goods with some actual value.
If we're serious about building an economy that lasts, we have got to get serious about education. We are going to have to pick up our games and raise our standards.
and he began to understand what a wild game we play in life; he began to understand that a thing once done cannot be undone nor changed by saying "I am sorry!
It's exciting to be with really, really good people. Some people make you feel like you've got to up your game. Working with good people is always good.
But other people also 'invite' us to behave like victims, when they complain about the unfairness of life, for example, and ask us to agree, to offer advice, to participate. Be careful. When you join in that game you always end up losing.
The game of life does not proceed like a mathematical calculation on the principle that two and two make four. Sometimes they make five, or minus four, and sometimes the blackboard topples over in the middle of the sum and the pedagogue is left with a black eye.
The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.