Factors Affecting Earnings
If we're talking purely about making money, any job that requires you to curry favor with others, seek their approval j…
I expected your future demand to increase, which is what we call an investment.
Who Exactly Are Ordinary People?
Most people, when they say this, aren’t describing a state or a social class—they’re describing their expectations of t…
The biggest fear in doing business is becoming distant, and distance means having to stick to principles.
Business people rarely talk about principles. They talk about favors and mutual obligations—only by weaving each other’…
The Essence of Investing: It’s All About Demand
Location Is More Important Than Wealth
The more globalized we become, the stronger wealth’s attributes grow. The more decoupling occurs, the stronger position’s attributes grow. Because as the size of a cluster shrinks, wealth’s redefinition happens faster and more frequently.
Good positions are rare in this world, but those ruthless enough to themselves are rarer still.
In this world, all extraordinary achievements aren’t determined by who’s smarter, but by who’s fiercer — especially wit…
What Investment Products to Buy After Interest Rate Cuts
You might not believe it, but 3-year large-denomination certificates of deposit at banks now yield only 3% annualized (…
Understand the world through human nature and interests, not through visions.
Even if the entire world were to lose the species of cattle, as long as I could profit from one cow, I would be content. That is human nature.