Showing posts with label relationships. Show all posts
Showing posts with label relationships. Show all posts

Jan 7, 2025

Aunt Jane: "There once was a man named Trent"

There once was a man named Trent
Who hated to part with a cent
Until he met a spender of the opposite gender
Now he's not saving, he's spent

~ Aunt Jane, cousin of Ernest Duffy (my grandfather), at the age of 98, December 13, 2010




May 4, 2008

Chinese entrepreneur Zhang Xin on diversification

When it comes to business and relationships, I don't buy this idea of diversification. It neglects comparative advantage. The best way to lower risk is to specialize: Put the things you love into one portfolio.

Zhang Xin, co-founder and CEO, Soho China, "'The Best Advice I Ever Got'," Fortune, May 12, 2008

(Zhang, a woman, is one of Beijing's most successful property developers and a product of Western training - Cambridge, Goldman Sachs. Her husband, Pay Shiyi, focuses on sales while she handles construction.)