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Work smart, stay informed, never give up, and great things will happen.
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Until the Fed lets us have a real recession, as painful as that may be, we are never gonna have a recovery.
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Putting your pride first makes the results come in second, at best.
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Bankruptcy cleans out the system. What’s wrong with that? South Korea went through this in the late 1990s. They didn’t have anyone to bail them out, and they had to go through the pain. Sweden did it in the early 1990s. Mexico did it. Russia did it. The list goes on and on. Competent people take over the assets from incompetent people and rebuild from a solid base. Business has always been survival of the fittest and Darwinism at its best. After all, this is what capitalism is all about.
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Never let your feelings get too deep, people can change at any moment.
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Money does not change people, it unmasks them.
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Most people quit because they look how far they have to go, not how far they have come.
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We're taught by repetition but great innovators need to be great at doing the different.
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I remain fundamentally optimistic about Wall Street as a marketplace and as a vehicle for wealth creation. Its future will rightly depend on several variables, chief among them being human choices; whether they be rationally, emotionally, subjectively or objectively made. Financial engineering taught us that if it could be quantified, it could be qualified. We learned about how to use leverage and have abused that knowledge for a myriad of reasons. We became practitioners of the transaction-based model, but forgot that long before the abacus there was trust and integrity, anchors of relationship-based models common with Middle East and Asian markets. It goes back to a handshake, the first and enduring example of mutual consensus.
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Great companies are formed by great people. It’s not about attracting great people; it’s about retaining them.
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You want something real bad? Go after it with ferocity like if your life depended on it and never ever surrender. Only a question of time.
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Remember this... People too weak to follow their own dreams, will always find a way to discourage yours.
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You know you have a transparency problem when citizens of a democracy need to rely on WikiLeaks for details on changes to laws.
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I may die young, but at least I'll die smart.... If you can't be seven feet tall, be seven feet smart...Best advice I can ever give you.
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May my haters live very long to see my continued success and make their lives miserable.
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Sometimes people try to expose what's wrong with you, because they can't handle what's right about you.
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Three things you cannot recover in life: the WORD after it’s said, the MOMENT after it’s missed and the TIME after it’s gone. Now you know.
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Time decides who you meet in life, your heart decides who you want in your life, and your behavior decides who stays in your life.
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Real Learning comes from failures and mistakes...rarely from success.
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It is an oft-repeated axiom that a person can learn a whole lot about a society by how it treats its poor; but just as much may be learned by looking at how that same society treats its rich. Indeed, the economic future of the poor—and our nation—will be determined in the coming decades by how we treat the people in this country who create great wealth. It will be determined by our understanding of the so-called rich and by our need to foster and protect this minority of true wealth creators.
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Some lessons are painful, some are painless.. but, all are priceless.
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The trouble with school is they give you the answer, then they give you the exam. That's not life...
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When people tell you that this venerable firm or private investor invested X millions of dollars in that entity and that it is a good investment, be skeptical and stay open to the option of running as far as you can in the opposite direction. We have all seen the biggest names on Wall Street along with the largest sovereign wealth funds on the planet make the dumbest investments ever made. Do your due diligence; ask the right questions, and most important, check out the character of the people involved unless you want to end up being prey to another master of the universe à la Bernie Madoff.
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The Lebanese banking system helps Iran, Syria & Hezbollah evade sanctions.