Eileen Gu answers her critics about competing for China

Q: Did you feel like you needed to have a thick skin for what came at you after [your decision to compete in the Olympics for China]?

A: Absolutely.  People always have their own opinions, but for me what I try to stick to is... there's no wrong or right; there's only intention.  And I'm trying to make the world a better place in my own way.  And if people disagree with that, that's ok.  And I just encourage them to make the world better in their way, right?  We can approach this situation from different standpoints.  So... to each their own.

~ Eileen Gu, USA Today interview, 3:50 mark, May 4, 2022

Kevin Duffy on the complex game of investing

This is not an easy game and it's very easy to get tricked... Sometimes we can get fooled by being right... You always have to be humble and think, 'What am I missing?' If it seems too easy then it probably is because this is a very complex game we're playing.

~ Kevin Duffy, interview with Jason Burack, 1:12:40 mark, July 28, 2022

Dr. Keith Smith: "Big medicine is in big trouble"

As an eternal optimist, I would say that big medicine is in big trouble.  The system is dysfunctional, but people are waking up.  There are alternatives out there that are free market, and people are becoming aware that they exist, that they work.  With this awareness, it becomes real tough for the big monsters—that is, the cartel that controls the strings with their pal, Uncle Sam—to continue driving the getaway car in this heist.

~ G. Keith Smith, MD, co-founder of Surgery Center of Oklahoma, "The Free Market Medical Revolution," The Austrian, July-August 2022

Friedrich Nietzsche: "There are two different types of people in the world"

There are two different types of people in the world, those who want to know, and those who want to believe.

 ~ Friedrich Nietzsche

Gary Mishuris on humility and investing

I think that you want to be humble in this business...  Base your approach on humility and then work really hard from the position that you can be wrong a lot and build that being wrong into everything: into security selection, into portfolio construction, into how you build the structure of your firm, into which clients you choose or not choose to partner with.  So humble but confident.  Humility is not the opposite of confidence.  I think you can be humble and confident at the same time.

~ Gary Mishuris, interview with Dan Ferris, Stansberry Investor Hour, 45:00 mark, July 25, 2022

Charlie Munger on work ethic

The only way to win is to work, work, work, work, and hope to have a few insights.

~ Charlie Munger

Jeff Polet on the value of comedians mocking power

One good comedian is more valuable to society than a hundred public intellectuals because nothing exposes power as a joke at its expense … for the tyrant can endure anything except being laughed at.

~ Jeff Polet, professor of political science at Hope College in Michigan