Ziad K. Abdelnour Quotes
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Money does not change people, it unmasks them.
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I am not interested in power for power's sake. Only interested in power that will allow people to liberate themselves from Big Brother.
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Be a good person but do not waste time to prove it.
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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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If you have the guts to do anything,then you better save enough to face the consequences. Becoming bigger than life requires guts & instinct.
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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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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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Most people quit because they look how far they have to go, not how far they have come.
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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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Work smart, stay informed, never give up, and great things will happen.
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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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At $4 trillion, and roughly only $55 billion in equity, the Fed is leveraged about 77-to-1. They define the word - leverage.
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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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Great companies are formed by great people. It’s not about attracting great people; it’s about retaining them.
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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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May my haters live very long to see my continued success and make their lives miserable.
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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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Putting your pride first makes the results come in second, at best.
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We're taught by repetition but great innovators need to be great at doing the different.
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Keep people in your life who truly love you, motivate you, and make you happy. If you know people who do none of these things, let them go.
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I personally believe mavericks are people who write their own rulebook. They are the ones who act first and talk later. They are fiercely independent thinkers who know how to fight the lizard brain (to use Seth Godin’s term). I don’t believe many are born, rather they are products of an environment, or their experiences. They are usually the people that find the accepted norm does not meet their requirements and have the self-confidence, appetite, independence, degree of self reliance and sufficient desire to carve out their own niche in life. I believe a maverick thinker can take a new idea, champion it, and push it beyond the ability of a normal person to do so. I also believe the best mavericks can build a team, can motivate with their vision, their passion, and can pull together others to accomplish great things. A wise maverick knows that they need others to give full form to their views and can gather these necessary contributors around them. Mavericks, in my experience, fall into various categories – a/ the totally off-the-wall, uncontrollable genius who won’t listen to anyone; b/ the person who thinks that they have the ONLY solution to a challenge but prepared to consider others’ views on how to conquer the world &, finally, the person who thinks laterally to overcome problems considered to be irresolvable. I like in particular the third category. The upside is that mavericks, because of their different outlook on life, often sees opportunities and solutions that others cannot. But the downside is that often, because in life there is always some degree of luck in success (i.e. being in the right place at the right time), mavericks that fail are often ridiculed for their unorthodox approach. However when they succeed they are acclaimed for their inspiration. It is indeed a fine line they walk in life.
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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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Real Learning comes from failures and mistakes...rarely from success.
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The biggest threat to American power in the long run is the persistent decline in its middle class standard of living today.