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    High premiums are being paid today not particularly for quality service or long-term building of a business but rather for making money quickly, getting rich, and getting out. And that's wrong.

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  21  /  25  

If you're not serving the customer, you'd better be serving someone who is.

If you're not serving the customer, you'd better be serving someone who is.

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In all recorded history there has not been one economist who has had to worry about where the next meal read more

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

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It is your mind that matters economically, as much or more than your mouth or hands. In the long run, read more

It is your mind that matters economically, as much or more than your mouth or hands. In the long run, the most important economic effect of population size and growth is the contribution of additional people to our stock of useful knowledge. And this contribution is large enough in the long run to overcome all the costs of population growth.

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  18  /  16  

The saddest thing I can imagine is to get used to luxury.

The saddest thing I can imagine is to get used to luxury.

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A gift blinds the wise and perverts the words of the righteous.

A gift blinds the wise and perverts the words of the righteous.

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90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

90% of the people in the stock market, professionals and amateurs alike, simply haven't done enough homework.

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  19  /  19  

The highest use of capital is not to make more money, but to make money do more for the betterment read more

The highest use of capital is not to make more money, but to make money do more for the betterment of life.

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Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides read more

Whoever claims that economic competition represents 'survival of the fittest' in the sense of the law of the jungle, provides the clearest possible evidence of his lack of knowledge of economics.

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The boss must first distinguish between action information and status information. He must discipline himself not to act on problems read more

The boss must first distinguish between action information and status information. He must discipline himself not to act on problems his managers can solve, and never to act on problems when he is explicitly reviewing status. I once knew a boss who invariably picked up the phone to give orders before the end of the first paragraph in a status report. That response is guaranteed to squelch full disclosure.

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