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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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Our debts don't leave us much in terms of choices. We can choose to pay now or try to pay later. But the longer we wait the steeper the bill.
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If you are bitter, that means they got the best of you. If they got the best of you, that means they won.
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How you gather, manage and use intel in life determines whether you win or lose. That's the # 1 rule for the mavericks in business.
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Business Fights Poverty Better Than Charity Does.
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May my haters live very long to see my continued success and make their lives miserable.
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Revenge is always the weak pleasure of a little and narrow mind.
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I don’t see any dearth of women leaders, it’s a question of what we consider a woman leader.
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The difference between the Haves and Have-nots? The will to sacrifice and to do what others won't.... Very simple.
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There are two theories to arguing with a woman. Neither one works. Don't bother.
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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.
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Job tip: If you were the employer, what kind of person would you most desire as an employee? Be that person.
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Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of bonds?
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Your place in history depends on what you do for others, not what others do for you.
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The next time you think you're perfect, try walking on water.
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I do not believe in diversification. Take a close look at some of the greatest entrepreneurs in U.S. history. Henry Ford never diversified; Bill Gates didn’t diversify. I strongly believe that the best way to create real wealth is to put one’s eggs in one basket and watch that basket (the right one) very carefully. In fact, one can go broke diversifying.
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If you want to know where your heart is, look where your mind goes when it wanders.
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All of us, try to eliminate risk from our lives. The sad thing about risk is that when you eliminate risk you also eliminate the future.
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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.
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People succeed or fail on the merits in America, not on who they know or whose reelection campaign they supported. This absolutely American principle must be reestablished and permanently fortified. There can be no more “too big to fail.” If you are reckless, greedy, and arrogant, the American taxpayer should not bail you out.
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We are today engaged in a war. It is an economic war over our sovereignty as human beings with inalienable rights to life, liberty, and the pursuit of happiness. The “pursuit of happiness” means the right to create wealth through our labor and to enjoy the fruits thereof. The battle now is over who has the moral, the ethical, and the legal right to the fruits of our labor. Are we to be free, or are we to be slaves? Just whose money is it anyway?
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Capitalism is the most powerful tool for positive social change.
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If you're always telling people why you can't do something, if you parse everything and nitpick, I've got news for you: You're not going anywhere. If you want to make it in this world, learn to say, "sure, no problem." Practice. It's good for you. When is the last time you went on a limb trusting your gut feeling?
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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.