Ziad K. Abdelnour Quotes
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People comment today that we shouldn't focus on money so much but rather think of our fellow people who are less fortunate. So much baloney.
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Don't think outside the box. Think like there is no box.
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I strongly believe in the fact that there’s still plenty of money and plenty of private equity capital available around the globe. What are in short supply are great entrepreneurs and great teams. A trading opportunity or a company’s biggest challenge is and has always been the team behind it. There’s enormous change under way in every facet of the world. Some is technology driven, some is market driven. All that change creates unprecedented opportunity, but to take full advantage of such opportunities I mostly focus on the team. The right teams and right people behind those opportunities always win. There is no secret sauce. Trading and investing has, in my experience, boiled down to building relationships and exchanging value. It consists of striking the right balance between backing and interacting with the right teams with the right business model at the right time and with the right amount of money.
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Real Learning comes from failures and mistakes...rarely from success.
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The single biggest reason why the vast majority of people go nowhere in life is because they don't or won't take risks. They take the easy way out, the path of least resistance. You don't make it big that way. Ever.
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I believe the LIE that prosecuting bank fraud will destabilize the U.S economy is what is really destroying it.
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Make the money, don't let the money make you.. Change the game, don't let the game change you
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The only guaranteed way to be a genius is to surround yourself with idiots.
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The longer the explanation, the bigger the lie.... Always remember that.
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In a victory speech, I always like to thank the opposition, because without their help and stupidity, I couldn’t have won.
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I strongly support liquidating the corporation that is the Federal Reserve and returning to a monetary system based on a marketproduced precious metal, like gold, which is represented by a currency printed and managed by the U.S. Treasury Department as stipulated by our Constitution. The assets currently owned by the Fed should be liquidated and parceled out on a pro-rata basis to its creditors. All we need is the will.
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No one is fearless. The difference between achievers and everyone else is that they take action despite their fears.
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If you can’t fire your best friend or your brother, don’t hire them.
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5 rules to live a happier life: 1) Love yourself. 2) Do good. 3) Always forgive. 4) Harm no one. 5) Be positive.
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You can't make people work harder. People have to want to work hard and make a difference. Purpose matters.
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Only idiots get bored when we've all got handheld devices containing infinite knowledge at our fingertips.
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Knowledge in youth is wisdom in age.
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Forget the housing, bond or derivatives bubbles … Fraud Is the Biggest Bubble of all time.
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I learned over the years never to correct a fool or he will hate you; correct a wise man, and he will appreciate you.
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If the world economy is going to revive, I believe commodities are going to lead it back up. If the world economy is not going to revive, commodities are still the place to be—especially with governments printing so much money. Look at the 1970s. The world economy was in the tank, but commodities did very well.
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I find it hilarious that if we lie to the government, it's a crime. But if they lie to us its politics.
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Many entrepreneurs resist to owing up to the conditions that created the shortcoming—conditions they themselves may have contributed to. They need to put ownership of the problem above the egotistical need of always wanting to look good. If they don’t, failure will result.
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The best relationship is when you can completely act yourself and they can still love you for who you are.
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Biggest mistake Reagan ever did re: foreign policy? 1984 decision to appease Hezbollah with Lebanon withdrawal.