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Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right read more
Uncle claims that if he files his income tax wrong he'll go to jail, and if he files it right he'll go to the poor house.
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information read more
Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.
Concentrate your strengths against your competitor's relative weaknesses.
Concentrate your strengths against your competitor's relative weaknesses.
The market is a place set apart where men may deceive each other.
The market is a place set apart where men may deceive each other.
Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price read more
Greater consumption due to increase in population and growth of income heightens scarcity and induces price run-ups. A higher price represents an opportunity that leads inventors and businesspeople to seek new ways to satisfy the shortages. Some fail, at cost to themselves. A few succeed, and the final result is that we end up better off than if the original shortage problems had never arisen. That is, we need our problems, though this does not imply that we should purposely create additional problems for ourselves.
It's not your salary that makes you rich, it's your spending habits.
It's not your salary that makes you rich, it's your spending habits.
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way read more
Hire the best. Pay them fairly. Communicate frequently. Provide challenges and rewards. Believe in them. Get out of their way and they'll knock your socks off.
Avarice is the vice of declining years.
Avarice is the vice of declining years.
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell read more
Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.
