Ziad K. Abdelnour Quotes
-
Central planning inevitably leads to economic chaos and failure. Friedrich Hayek called the delusion that a single person or a group of government planners could possibly possess the knowledge to plan an entire economy a “fatal conceit.” The overwhelming historical evidence is that the more freedom a nation has, the more economic opportunities will exist and the more dynamic that nation’s economy will be. Likewise, the more regulations, controls, taxes, governmentrun industries, protectionism, and other forms of interventionism that exists, the poorer the country will become.
-
People with higher ratios of positive to negative emotions are more likely to flourish in life.
-
Do you want to be super successful? Never appeal to people’s mercy or gratitude... Appeal only to their self-interest & see the results.
-
We're taught by repetition but great innovators need to be great at doing the different.
-
My book is not for everyone in the venture capital and entrepreneurial world, and that’s okay. If you try to please everybody and worry about offending anybody, nothing is going to happen. You might make some money, but you certainly won’t create wealth.
-
You always invest the money you earn. That's the only way you can really speed up your fortune.
-
You can make excuses and you can make money, but you cannot make both.
-
The biggest threat to American power in the long run is the persistent decline in its middle class standard of living today.
-
The Fed’s policies have been an unqualified success for financiers and an abject failure for the bottom 99.5% who have to work for a living.
-
Geniuses are always marginalized to one degree or another. Someone wholly invested in the status quo is unlikely to disrupt it. Did you get to where you are by accepting the status quo? I didn’t.
-
This nation was founded on the principle of wealth creation. As a young Henry Clay said in the House of Representatives in 1812, “It wealth creation is a passion as unconquerable as any with which nature has endowed us. You may attempt to regulate—you cannot destroy it.” That is supposed to be the federal government’s primary objective. It is supposed to promote the creation of an environment conducive to the creation of wealth—not job creation, not bailouts, not subsidies, not expansion of the federal bureaucracy, and not providing lifetime support to those who choose not to take advantage of the innumerable opportunities that exist in this nation for them to create a better, more productive life for themselves.
-
Fear and self-doubt are the greatest killers of personal genius.
-
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.
-
Some lessons are painful, some are painless.. but, all are priceless.
-
If you look at big companies, only 1/3 of them will exist in 2 decades.
-
Unless you choose to do great things with your life it makes no difference how much money you make or how much power you have.
-
Frankly speaking, making money isn't hard in itself... What's real hard is to earn it doing something worth devoting one's life to.
-
People keep asking me ...How to instantly become a better writer? It’s simple: Use "power words" and see for yourself.
-
I'd rather look back at my past and say, "I can't believe I did that!" instead of saying "I wish I did that.
-
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.
-
There's a story behind every person. There's a reason why they're the way they are. Think about that before you judge anyone.
-
Make decisions even with incomplete info. You'll never have all the info you need. What matters is what you do with the info you have.
-
Affordable Care Act" roll out isn't Obama's fault. It's what happens when you elect a President without any real-world business experience.
-
The wealth of America isn’t an inventory of goods; it’s an organic, living entity, a fragile, pulsing fabric of ideas, expectations, loyalties, moral commitments, visions, and people. To slice it up like an apple pie and redistribute it would destroy it just as surely as trying to share Stephen Hawking’s intellect by sharing slices of his brain would surely kill him.