~ Kevin Duffy, tweet, May 31, 2021
May 31, 2021
Kevin Duffy on how government creates problems
Government germinates, nurtures and harvests problems. They are the sustenance of the state.
Labels:
crises,
government,
people - Duffy; Kevin,
tweets
Ludwig von Mises on war and peace
War...is harmful, not only to the conquered but to the conqueror. Society has arisen out of the works of peace; the essence of society is peacemaking. Peace and not war is the father of all things. Only economic action has created the wealth around us; labor, not the profession of arms, brings happiness. Peace builds, war destroys.
~ Ludwig von Mises, Socialism (1922)
Labels:
books - Socialism,
civilization,
peace,
people - Mises; Ludwig von,
war
May 30, 2021
Henry Ellenbogen: "Companies are like biological organisms"
Companies are like biological organisms. They're either fundamentally healthy or out of balance. If they're in balance with their employees, customers, shareholders and the greater community they can grow and thrive. If not, they can seem in sync for a while, but eventually there will be an imbalance.
~ Henry Ellenbogen, Durable Capital Partners
Warren Buffett on discipline and investing
We don't have to be smarter than the rest. We have to be more disciplined than the rest.
~ Warren Buffett
Labels:
discipline,
investing,
people - Buffett; Warren
May 28, 2021
Warren Buffett on patience and investing
The stock market is a device for transferring money from the impatient to the patient.
~ Warren Buffett
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