Happy life

Happy wife – Happy life

American men’s wisdom

Materalism

A man is incapable of comprehending any argument that interferes with his Revenue.

Wisdom

Being right

You are neither right nor wrong because the crowd disagrees with you. You are right because your data and reasoning are right.

Benjamin Graham – born Benjamin Großbaum, American investor and inventor of systematic stocks analysis (1894-1976)

Expectations

High expectations are the key to everything.

Samuel M. “Sam” Walton – American entrepreneur, founder of Walmart (1918-1992)

Confidence

I learned this early on: You’ve got to give folks responsibility, you’ve got to trust them and then you’ve got to check on them.

Samuel M. “Sam” Walton – American entrepreneur, founder of Walmart (1918-1992), Quotations book 2003

Difference

The difference between the almost right word and the right word is really a large matter–it’s the difference between the lightning bug and the lightning.

Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910)

Wilberforce and manners

The almighty LORD set two targets for me: the abolishment of slavery and the reformation of manners.

William Wilberforce – British parliamentarian and philanthropist, who had a relevant contribution to the abolishment of slavery (1759-1833)

Trust

Comradeship and trust will emerge naturally when discipline and high standards are enforced.

Tao Zhu Gong – born Fan Li, Chniese advisor to the emperor of Yue (500 BC), eleventh Business principle

Respect

Treating people with respect will gain one wide acceptance and improve the business.

Tao Zhu Gong – Born Fan Li, Chinese advisor to the emperor of Yue (500 BC), second business principle

Action

Do the right thing. It will gratify some people and astonish the rest.

Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910), Quotations book 2004

Success

He has achieved success who has lived well, laughed often and loved much;
who has enjoyed the trust of pure women, the respect of intelligent men and the love of little children;
who has filled his niche and accomplished his task;
who has left the world better than he found it, whether by an improved poppy, a perfect poem, or a rescued soul;
who has never lacked appreciation of earth’s beauty nor failed to express it;
who has always looked for the best in others and given them the best he had;
whose life was an inspiration;
whose memory is a benediction..

Bessie Anderson Stanley – American author (1879-1952), written 1904

Success

If you want to go fast, go alone. If you want to go far, go together.

Kenyan proverb – Quotations book 2005

Taxes and civilization

Taxes are the price that we pay for a civilized society.

Oliver Wendell Holmes jr. – American Supreme Court justice (1841-1935), Quotations book 2006

From the necessary to the impossible

Start by doing what’s necessary, then do what’s possible, and suddenly you are doing the impossible!

Francis of Assisi – Italian friar and orders founder (1181/82-1226), Quotations book 2006

Serenity

God, give us grace to accept with serenity the things that cannot be changed, courage to change the things which should be changed, and the wisdom to distinguish the one from the other.

Reinhold Niebuhr – German-American theologian (1892-1971), Quotations book 2006

Anger

For every 60 seconds of anger, you lose one minute of happiness.

Proverb – Quotations book 2006

Spirit of Prussia

The idea of freedom can never be separated from the true spirit of Prussia.

Henning von Tresckow – German generalmajor and resistance fighter (1901-1944), Quotations book 2006

Are you strong enough to handle critics?

It is not the critic who counts, not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat und blood, who strives valiantly, who errs and comes short again and again because there is no effort without error and shortcomings, who knows the great enthusiasms, the great devotion, who spends himself in a worthy cause, who at his best knows in the end the high achievement of triumph and who at worst, if he fails while daring greatly, knows his place shall never be with those timid and cold souls who know neither victory nor defeat.

Theodore Roosevelt – American politician, 1901-09 26th president, Nobel Peace Prize 1906 (1858-1919), on April 23rd, 1910 at the Sorbonne, Paris, Quotations book 2006

Votes

A vote is like a rifle; its usefulness depends upon the character of the user.

Theodore Roosevelt – American politician, 1901-09 26th president, Nobel Peace Prize 1906 (1858-1919)

Family

FAMILY = Father And Mother, I Love You

from the dictionary

Riht to criticise

He has the right to criticise who has the heart to help.

Abraham Lincoln – American politician, 1861-65 16th president (1809-1865)

Broker

Brokers know the price of everything and the value of nothing.

attributed to Philip A. Fisher – American Growth investor and mentor of Warren Buffett (1907-2004)

Risk

Risk = exposure to change

Alexander Ineichen – Swiss banker (*1967), from “Asymmetric Returns”

Who am I?

Who am I? They often tell me I would step from my cell’s confinement calmly, cheerfully, firmly, like a squire from his country-house.

Who am I? They often tell me I would talk to my warden freely and friendly and clearly, as though it were mine to command.

Who am I? They also tell me I would bear the days of misfortune equably, smilingly, proudly, like one accustomed to win.

Am I then really all that which other men tell of, or am I only what I know of myself, restless and longing and sick, like a bird in a cage, struggling for breath, as though hands were compressing my throat, yearning for colors, for flowers, for the voices of birds, thirsting for words of kindness, for neighborliness, trembling with anger at despotisms and petty humiliation, tossing in expectation of great events, powerlessly trembling for friends at an infinite distance, weary and empty at praying, at thinking, at making, faint and ready to say farewell to it all.

Who am I? This or the other? Am I one person today, and tomorrow another? Am I both at once? A hypocrite before others, and before myself a contemptibly woebegone weakling? Or is something within me still like a beaten army, fleeing in disorder from victory already achieved?

Who am I? They mock me, these lonely questions of mine. Whoever I am, Thou knowest, O God, I am thine.

Dietrich Bonhoeffer – German Lutheran theologian (Confessing Church) and resistance fighter (1906-1945), from “Widerstand und Ergebung”

Savior

If our greatest need had been information, God would have sent us an educator.

If our greatest need had been technology, God would have sent us a scientist.

If our greatest need had been money, God would have sent us an economist.

If our greatest need had been pleasure, God would have sent us an entertainer.

But our greatest need was forgiveness, so God sent us a Savior.

seen Pentecost 1994 in New Orleans – Quotations book 2002 + 2006

Peer pressure

Anyone taken as an individual is tolerably sensible and reasonable – as a member of a crowd, he at once becomes a blockhead.

Friedrich Schiller – German writer (1759-1805)

Risk

Only those who dare to fail greatly can ever achieve greatly.

Robert Francis “Bobby” Kennedy – American jurist and senator (1925-1968)

Preparation

I will study, I will prepare, and my opportunity will come.

attributed to Abraham Lincoln – American politician, 1861-65 16th president (1809-1865)

Dislike

Since half the people are not going to like me anyway, they may as well not like me for the right reason.

Patrick Morley – English auhor and former BBC journalist

Overreaction

Markets always overreact.

Markets wisdom

Chances

Wherever we look upon this earth, the opportunities take shape within the problems.

Nelson A. Rockefeller – American politician and philanthropist,1974-77 vicepresident (1908-1997)

Smart leader

If you are a leader and you are the smartest guy in the room, you have got real problems.

Jack Welch – born John Francis Welch Jr., legendary American manager (General Electric), Fortune 1999: Manager of the Century (b. 1935)

Minimize Risk

The way to minimize risk is to think..

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924)

Please God

To the person who pleases HIM, GOD gives wisdom, knowledge and happiness, but to the sinner HE gives the task of gathering and storing up wealth to hand it over to the one who pleases GOD.

The Bible, Ecclesiastes 2:26 (NIV)

Wisdom and wealth

Wisdom outweighs any wealth.

Sophocles – Greek poet (496 – 406/405 BC)

Profit from advice

Many receive advice, only the wise profit from it.

Publilius Syrus – Roman poet (1st century BC)

Secret of success

Be yourself.

Jack Welch – born John Francis Welch Jr., legendary American manager (General Electric), Fortune 1999: Manager of the Century (b. 1935)

Experience

All experience is an arch to build upon.

Henry Brooks Adams – American historian (1838-1918)

Reputation

he reputation of a thousand years may be determined by the conduct of one hour.

Japanese proverb

Abilities

Nobody knows what’s in him until he tries to pull it out.

Ernest M. Hemingway – American writer, Nobel Prize in literature 1954 (1899-1961)

Seeds of time

If you can look into the seeds of time and say which grain will grow and which not, speak then to me…

William Shakespeare – English writer (1564-1616), in “Macbeth” 1st act, Scene 3/4 “Banquo” (1623)

Expert

If you wish to know the road up the mountain, ask the man who goes back and forth on it..

from the Zenrin Kushu – collection of Zen quotes from the 15th century

Long-term-performance

We focus not on the performance of our stocks on the short run but on the performance of our business.

Stockholder’s slogan

Obedient stockholders

The typical American stockholder is the most docile and apathetic animal in captivity. He does what the board of directors tell him to do and never thinks of asserting his individual rights as owner of the business and employer of its paid officers.

Benjamin Graham – born Benjamin Großbaum, American investor and inventor of systematic stocks analysis (1894-1976)

Children

Children’s games should be seen as their most serious-minded activity.

Michel de Montaigne – French writer and philosopher (1533-1592)

Creave thinking

To cease to think creatively is but little different from ceasing to live.

Benjamin Franklin – American politician, writer and scientist (1706-1790)

Objectives

I never did anything worth doing by accident, nor did any of my inventions come by accident.

Thomas Alva Edison – American inventor (1847-1931)

Growth needs thinking

To grow you must innovate,

to innovate you must think.

Business slogan of the Italian firm Socotherm

Improvement

When was the last time, you were looking for a better solution?

Question to motivate

Friendship

Friendship is unnecessary, like philosophy, like art… it has no survival value; rather, it is one of those things that give value to survival..

C. S. Lewis – British writer (1898-1963)

Self-deception

The easiest person to fool is yourself.

Richard Phillips Feynman – American physicist, Nobel Prize in physics 1965 (1918-1988)

Question mark

The question mark is more powerful than the exclamation point.

Dale Carnegie – born Dale Carnagey, American author and personality coach (1888-1955)

Do it right

Do it right the first time!

Management’s wisdom

Listen

Wenn Sie jemandem eine Frage stellen, warten Sie auf die Antwort.

Business-philosophy of Edward Valenti (b. 1948) and Barry Becher (1941-2012) – American infomercial pioneers (Ginsu knives)

Salvation

Nothing that is worth doing can be achieved in our lifetime; therefore we must be saved by hope.

Nothing which is true or beautiful or good makes complete sense in any immediate context of history; therefore we must he saved by faith.

Nothing we do, however virtuous, can be accomplished alone; therefore we are saved by love.

No virtuous act is quite as virtuous from the standpoint of our friend or foe as it is from our standpoint. Therefore we must be saved by the final form of love which is forgiveness.

Reinhold Niebuhr – German-American theologian (1892-1971)

Respect

Respect people for who they are, not for what their titles are.

Herbert D. “Herb” Kelleher – American entrepreneur, co-founder of Southwest Airlines (1931-2019)

Drive

There are two levers to set a man in motion, fear and self-interest.

Napoleon Bonaparte – French general and 1804-14 and 1815 emperor (1769-1821)

Plans

Plans are often worthless, yet the planning process is priceless.

Dwight David Eisenhower – American general and politician, 1953-61 34th president (1890-1969)

Whatever you do

Whatever you do, do wisely, and think of the consequences.

Quidquid agis, prudenter agas et respice finem!

from the”Gesta Romanorum” – late medieval collection of examples (14th Century)

Man of value

Try not to become a man of success but rather become a man of value!

Albert Einstein – German physicist, Nobel Prize in physics 1921 (1879-1955), Quotations book 2005

What counts

Not everything that counts can be counted, and not everything that can be counted counts.

attributed to Albert Einstein – German physicist,Nobel Prize in physics 1921 (1879-1955)

Simplify

Everything should be made as simple as possible, but not simpler.

attributed to Albert Einstein – German physicist, Nobel Prize in Physics 1921 (1879-1955), Quotations book 2007

Love

Love is a better teacher than duty.

Albert Einstein – German pysicist, Nobel Prize in physics 1921 (1879-1955)

Watchword 2007

Behold! I am doing a new thing! Now it springs up; do you not perceive it?

The Bible, Jesaja 43:19a (ESV) – Quotations book 2007

The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An act of civil courage! He has established a tradition that still exists today. Meanwhile, the annual solution is set by the Ecumenical Association for Bible Reading (Ökumenische Arbeitsgemeinschaft für Bibellesen) three years in advance.

Change

Do not conform any longer to the pattern of this world, but be transformed by the renewing of your mind.

The Bible, Romans 12:2 (NIV)

Faith

tell you the truth, if you have faith as small as a mustard seed, you can say to this mountain, ‘Move from here to there’ and it will move. Nothing will be impossible for you!

The Bible, Matthew 17:20-21 (N.N.) – Quotations book 2007

Store profits

Don’t store your profits here on earth, they can erode away or be stolen. Store them in heaven where they will never lose their value, and are safe from thieves! If your profits are in heaven your heart will be there too.

The Bible, Matthew 6:19-21 (N.N.) – Quotations book 2006

Vision

Where there is no vision, the people perish.

The Bible, Proverbs 29:18 (KJV) – Quotations book 2007

Faith

Commit to the LORD whatever you do, and your plans will succeed.

The Bible, Proverbs 16:3 (NIV) – Quotations book 2007

People and books

Of all the inanimate objects, of all men’s creations, books are the nearest to us, for they contain our very thoughts, our ambitions, our indignations, our illusions, our fidelity to truth, and our persistent leaning toward error. But most of all they resemble us their precarious hold on life.

Joseph Conrad – born Josef Teodor Nalecz Konrad Kerzeniowski, Polish-born British writer (1857-1924)

Wealth

It is precisely the ability to foresee both the needs of others and the combinations of productive factors most adapted to satisfying those needs that constitutes another important source of wealth in modern society.

Pope John Paul II – born Karol Wojtyła, 1978-2005 Holy Father (1920-2005), from “Centesimus Annus” (1991), Quotations book 2006

Freedom and happiness

τὸ εὔδαιμον τὸ ἐλεύθερον, τὸ δ’ ἐλεύθερον τὸ εὔψυχον.

Felicitatem existimantes esse libertatem, et libertatem esse animi generositatem.

Happiness depends on being free, and freedom depends on being courageous.

Thucydides – Greek historian (ca. 454-395 BC), from Pericles‘ funeral speech (Greek politician, ca. 490-429 BC) in “The Peloponnesian War” (Book2, ca. 430 BC), Quotations book 2004

Secret of success

The secret of success in life is for a man to be ready for his opportunity when it comes.

Benjamin Disraeli – English writer and politician, 1868 and 1874-80 Prime Minister (1804-1881)

Retirement

He who thinks that he has finished is finished. Those who think that they have arrived, have lost their way.

Henri J.M. Nouwen – Dutch theologian and psychologist (1932-1996), Quotations book 2007

Dreams

What dreams would you have if you knew you could not fail?

Inscription at the Crystal Cathedral’s Welcoming Center in Garden Grove, California – Quotations book 2007

Resist the commencements

First they came for the communists, and I did not speak out— because I was not a communist;

Then they came for the socialists, and I did not speak out— because I was not a socialist;

Then they came for the trade unionists, and I did not speak out— because I was not a trade unionist;

Then they came for me— and there was no one left to speak out.

Martin Niemöller – German theologian and resistance fighter against Nationalsocialism (1892-1984), Quotations book 2007

Listen

I never learned anything while I was talking.

Larry King – born Lawrence Harvey Zeiger, American journalist (b. 1933), Quotations book 2007

Wise

When a wise man points to the moon, the fool looks at the finger.

Chinese proverb – Quotations book 2007

Winning margain

What are you doing your competitors aren’t doing yet?

Philip A. Fisher – American Growth investor and Mentor of Warren Buffett (1907-2004), Quotations book 2007

Ten Cannots

1. You cannot bring about prosperity by discouraging thrift.

2. You cannot help small men by tearing down big men.

3. You cannot strengthen the weak by weakening the strong.

4. You cannot lift the wage earner by pulling down the wage payer.

5. You cannot help the poor man by destroying the rich.

6. You cannot keep out of trouble by spending more than your income.

7. You cannot further the brotherhood of man by inciting class hatred.

8. You cannot establish security on borrowed money.

9. You cannot build character and courage by taking away man’s initiative and independence.

10. You cannot help men permanently by doing for them what they could and should do for themselves.

Reverend William J. H. Boetcker – American Presbyterian pastor (1873-1962), often falsely attributed to Abraham Lincoln, Quotations book 2006

The way families invest

“Compared with other institutional investors, ‘families are more adventurous about where they invest their capital,’ says a managing director at one advisory firm whith a large wealthy client base. ‘They’re quicker in their decision-making, and sometimes don’t have hard and fast rules like pension funds do.'”

from: The Private Equity Analyst – March 2004, Quotations book 2006

One Solitary Life

He was born in an obscure village, the child of a peasant woman. He grew up in still another village, where he worked in a carpenter shop until he was thirty. Then for three years he was an itinerant preacher. He never wrote a book. He never held an office. He never had a family or owned a house. He didn’t go to college. He never visited a big city. He never travelled two hundred miles from the place where he was born. He did none of the things one usually associates with greatness. He had no credentials but himself.

He was only thirty-three when the tide of public opinion turned against him. His friends ran away. He was turned over to the enemies and went through the mockery of a trial. He was nailed on a cross between two thieves. While he was dying, his executioners gambled for his clothing, the only property he had on earth. When he was dead, he was laid in a borrowed grave through the pity of a friend.

Nineteen centuries have come and gone, and today he is the central figure of the human race and the leader of mankind’s progress. All the armies that ever marched, all the navies that ever sailed, all the parliaments that ever sat, all the kings that ever reigned, put together, have not affected the life of man on this earth as much as that One Solitary Life.

following Dr. James Allan Francis – American Pastor and author (1864-1928), Quotations book 2006

Three rules of work

1. Out of clutter find simplicity.

2. From discord, find harmony.

3. In the middle of difficulty lies opportunity.

Wisdom – often falsely attributed to Albert Einstein (“The new quotable Einstein”)

Art of investing

The art of investing in public companies is… simply to acquire, at a sensible price, a business with excellent economics and able, honest management. Thereafter you need only monitor whether these qualities are being preserved.

Charlie Munger – Vice-Chairman of Berkshire Hathaway (*1924), Quotations book 2005

Retrospective

When I look back on my life nowadays, which I sometimes do, what strikes me most forcibly about it is that what seemed at the time most significant and seductive, seems now most futile and absurd. For instance, success in all of its various guises, being known and being praised, ostensible pleasures, like acquiring money … going to and fro in the world and up and down it like Satan. … In retrospect all these exercises in self-gratification seem pure fantasy, what Pascal called “licking the earth.” They are diversions designed to distract our attention from the true purpose of our existence in this world, which is, quite simply, to look for God, and, in looking, to find him, and having found him, to love him, thereby establishing a harmonious relationship with his purposes for his creation..

Malcolm Muggeridge – English writer (1903-1990)

Certainty

When I despair, I remember that all through history the way of truth and love has always won. There have been tyrants and murderers and for a time they seem invincible but in the end, they always fall — Think of it, ALWAYS!

Mahatma Gandhi – Indian politician (1869-1948)

Money

I worry about what money might do to my kids. So I have decided to make it very clear that they are not going to get a penny. My wife Trudie and I are heroically trying to spend it all!

Sting – born Gordon Matthew Sumner, Rockstar, whose bargain ich estimated to 35 million Euro by “Euro am Sonntag” (b. 1951), Quotations book 2005

Freedom of the press

Were it left to me to decide whether we should have government without newspapers, or newspapers without government, I should not hesitate a moment to prefer the latter.

Thomas Jefferson – American politician, 1801-1909 third president and member of the American Enlightment movement (1743-1826)

Public finances

Of all the enemies to public liberty war is, perhaps, the most to be dreaded, because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies and debts and taxes are the known instruments for bringing the many under the domination of the few. In war, too, the discretionary power of the Executive is extended; its influence in dealing out offices, honours, and emoluments is multiplied; and all the means of seducing the minds, are added to those of subduing the force, of the people … (There is also an) inequality of fortunes, and the opportunities of fraud, growing out of a state of war, and … degeneracy of manners and of morals … No nation could preserve its freedom in the midst of continual warfare.

Marcus Tullius Cicero – Roman politician (106-43 BC)

Choosing a manager

The best way to choose a manager – like the best way to choose a son-in-law – is by character or culture. You should only go with a manager who aims to do what you too intend. Never try to change the way a manager manages. Only hire a manager you really expect to stay with for a very long time – at least 20 years – because the cost to change managers is high.

Charley Ellis – American Investment acountant and author (b. 1937), Quotations book 2005

Aims

It is important that an aim never be defined in terms of activity or methods. It must always relate directly to how life is better for everyone. … The aim of the system must be clear to everyone in the system. The aim must include plans for the future. The aim is a value judgement.

Prof. Dr. William Edwards Deming – founder of Total-Quality-Management TQM (1900-1993)

Do it

Most organizations spend all their time looking for the next new management concept rather than following up on what everyone just learned.

Dr. Ken Blanchard – American management expert and author (b. 1939), Quotations book 2007

Role model

Don’t worry that children never listen to you; worry that they are always watching you.

Robert Fulghum – American theologian and author (b. 1937), Quotations book 2007

The fruit of silence

The fruit of silence is prayer,
the fruit of prayer is faith,
the fruit of faith is love,
the fruit of love is service,
the fruit of service is peace.

Mother Teresa – born Agnes Gonxha Bojaxhiu, Albanian-born Indian nun and order’s founder, Nobel Peace Prize 1979 (1910-1997), Quotations book 2007

Old or bold

There’s a saying in the British Royal Air Force that investors need to remember: “There are old pilots, and there are bold pilots, but there are no old, bold pilots.”

Quotations book 2007

Get up

Falling isn’t failing unless you don’t get back up.

Earl Nightingale – American publisher (1921-1989), Quotations book 2007

Selection

It is only occasionally that there is any reason for selling (carefully selected stocks) at all.

Philip A. Fisher – Growth-Investor and mentor of Warren Buffett (1907-2004), Quotations book 2007

Seven social sins

1. Wealth without work

2. Pleasure without conscience

3. Knowledge without character

4. Commerce without morality

5. Science without humanity

6. Worship without sacrifice

7. Politics without principle

Mahatma Gandhi – Indian politician (1869-1948), Quotations book 2007

Power of Managers

In the modern corporation the decisive power, that of the managers, is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.

Peter F. Drucker – Austrian-born American Management expert (1909-2005), Quotations book 2007

Networking

Always look for a neighbour before you look for a house.

Wisdom – Quotations book 2007

Investment strategy

Whenever you sell a stock, thinking it will go down, somebody else has to buy it, thinking it will go up. One of you is wrong – every time. That’s why you always have to think about, if and why you are on the right side of the trade. An that is why you have to start with a systematic search strategy and not with coincidence.

Bruce C. Greenwald – American professor for finance and asset managemant (*1946), Quotations book 2007

Priorities

I am generous with my money and stingy with my time.

Nandan Nilekani – Indian entrepreneur, CEO at Infosys (b. 1955), Quotations book 2007

Mutual Funds

There was only one place to make money in the mutual fund business – as there is only one place for a temperate man to be in a saloon, behind the bar and not in front of it… so I invested in a management company.

Paul A. Samuelson – American economist, Nobel-Memorial Prize in economic sciences 1970 (1915-2009), Quotations book 2007

Evaluation

A fool often fails because he thinks what is difficult is easy, a wise man because he thinks what is easy is difficult.

John Churton Collins – British writer (1848-1908), Quotations book 2007

Have everything

You can’t have everything. Where would you put it?

Steven Wright – American Comedian and actor (*1955), Quotations book 2007

WIN!

· Get in Front of Wealth.

· Represent the Firm in Areas Where You Have Conviction.

· Ask for the Business.

· Know Your Customer.

· Use the Firm’s Resources Wisely.

· Don’t Procrastinate!

· If You Don’t Know the Answer, Say So, Then Get It.

· When in a Gray Area, See Your Manager.

· Help Your Colleagues.

· Contribute to the Firm & the Department.

· Treat Your Assistant as a Partner.

· Be Honest … With Yourself and With Your Customers.

· Be Humble.

· Be a Good Listener, Not Just a Good Talker.

· Take a Long-term Perspective but Have Short-term Goals.

· Don’t Be Afraid to Take a Loss.

· Communicate with Your Customers … Through Thick and Thin.

· Have a Well Thought-out Business Plan.

· Always Prospect.

· Don’t Fear Rejection; Be Prepared for It.

· Don’t Open Small Accounts; Think Big!

· Do It All … with Discipline, Enthusiasm and Persistence!.

James W. Little – American banker (Morgan Stanley), Quotations book 2007

Winning

You never win alone. Once you start believing something different, you start loosing.

Mika Häkkinen – Finnish former Formula One-racing driver (b. 1968), Quotations book 2007

Concentration

It’s better to do a lot of work on one idea, than do some work on a lot of ideas.

Mike Onghai – American investor (b. 1970), Quotations book 2007

The proper ambition

The Reverend Fred Craddock, a remarkable preacher from Georgia, may have been imagining things –the way preachers are wont to do – but he says this story really happened.
Dr. Craddock was visiting in the home of his niece. There was this old greyhound dog there, just like the ones who race around a track chasing those mechanical rabbits. His niece had taken the dog in to prevent it from being destroyed because its racing days were over.
Dr. Craddock strikes up a conversation with the dog: “I said to the dog, ‘are you still racing?’ ‘No,’ he replied. ‘Well, what was the matter? Did you get too old to race?’ ‘No, I still had some race in me.’ ‘Well, what then? Did you not win?’ ‘I won over a million dollars for my owner.’
‘Well, what was it? Bad treatment?’ ‘Oh, no,’ the dog said, ‘They treated us royally when we were racing.’ ‘Did you get crippled?’ ‘No.'”
“Then why?” Craddock pressed, “Why?” The dog answered, “I quit.” “You quit?” “Yes,” he said, “I quit.”
“Why did you quit?” “I just quit. Because after all that running and running and running, I found out that the rabbit I was chasing wasn’t even real.”
On this day of celebration, achievement, and the commencement of a new phase in your lives, it takes considerable temerity for me to challenge you to consider what kind of rabbit you’ll choose to chase during your careers. I do so only because – this may surprise you – I challenge myself as to whether the rabbit I’ve been chasing all these long years is real.

John C. Bogle – American author and founder of The Vanguard Group and the world’s first index mutual fund (1929-2019)

Humility

Success breeds complacency and arrogance.

Proverb

Wait a while

There is an old adage in investment lore that says, “Buy when blood is in the streets.” Actually, it is sometimes best to wait a while. An investor did not have to buy during the riots in the streets of Watts; a year later was time enough to catch the lowest prices and make a fortune.

James “Jim” Rogers – American star-investor (b. 1942)

Statistics

He uses statistics as a drunken man uses lamp posts – for support rather than illumination.

Andrew Lang – Scottish writer (1844-1912)

The Ten Commandments (Version by Martin Luther)

1. I am the Lord thy God, which have brought thee out of the land of Egypt, out of the house of bondage.
2. Thou shalt have no other gods before me. Thou shalt not make unto thee any graven image, or any likeness of any thing that is in heaven above, or that is in the earth beneath, or that is in the water under the earth. Thou shalt not bow down thyself to them, nor serve them; for I the Lord thy God am a jealous God, visiting the iniquity of the fathers upon the children unto the third and fourth generation of them that hate me; And shewing mercy unto thousands of them that love me, and keep my commandments.
3. Thou shalt not take the name of the Lord thy God in vain; for the Lord will not hold him guiltless that taketh his name in vain.
4. Remember the sabbath day, to keep it holy. Six days shalt thou labour, and do all thy work; But the seventh day is the sabbath of the Lord thy God; in it thou shalt not do any work, thou, nor thy son, nor thy daughter, thy manservant, nor thy maidservant, nor thy cattle, nor thy stranger that is within thy gates; For in six days the Lord made heaven and earth, the sea, and all that in them is, and rested the seventh day; wherefore the Lord blessed the sabbath day, and hallowed it.
5. Honour thy father and thy mother; that thy days may be long upon the land which the Lord thy God giveth thee.
6. Thou shalt not kill.
7. Thou shalt not commit adultery.
8. Thou shalt not steal.
9. Thou shalt not bear false witness against thy neighbour.
10. Thou shalt not covet thy neighbour’s house; thou shalt not covet thy neighbour’s wife, nor his manservant, nor his maidservant, nor his ox, nor his ass, nor anything that is thy neighbour’s.

These commandments can be found in the Bible at Moses 2:20 and Moses 5:5 – Quotations books 2002 to 2019

False security

You have acquired a false security, and it is this false security on which you live that causes your feelings of inferiority.

One lives wrapped in cotton, protected from the cold and heat. It is not good never to be cold or hot.

Dr. Carl Gustav Jung – Swiss psychologist (1875-1961)

Decision to invest

The decision to invest in one place rather than another, in one productive sector rather than another, is always a moral and cultural choice.

Pope John Paul II – born Karol Wojtyła, Holy Father 1978-2005 (1920-2005), from “Centesimus Annus” (1991), Quotations book 2003

Businessmotivation

Obviously, what motivates a businessman is profits. But what gives us comfort and – why not say it? – makes us proud, is to see that our business activities are making a contribution to the economic and social development of the country.

Olacyr Francisco de Moraes – Brazilian entrepreneur, who offers a free healthcare at his firmbranches (1931-2015), Quotations book 2004

Don’t give up

When things go wrong as they sometimes will.
When the road you’re trudging seems all up hill.
When funds are low and the debts are high.
And you want to smile, but you have to sigh.
When care is pressing you down a bit.
Rest, if you must, but don’t you quit.
Life is queer with its twists and turns.
As everyone of us sometimes learns.
And many a fellow turns about
When he might have won had he stuck it out:
Don’t give up though the pace seems slow –
You may succeed with another blow.
Success is failure turned inside out –
The silver tint of the clouds of doubt.
And you never can tell how close you are.
It may be near when it seems so far:
So stick to the fight when you’re hardest hit –
It’s when things seem worst that you must not QUIT.

Motivation

Our deepest fear

Our deepest fear is not that we are inadequate.
Our deepest fear is that we are powerful beyond measure.
It is our light, not our darkness that frightens us most.
We ask ourselves: who am I to be brilliant, gorgeous, talented and fabulous?
Actually, who are you not to be? You are a child of God.
Your playing small doesn’t save the world.
There is nothing enlightened about shrinking so that other people won’t feel insecure around you.
We were born to make manifest the glory of God within us.
It is not just in some of us: It’s in everyone.
And, as we let our own light shine, we unconsciously give other people permission to do the same.
As we are liberated from our own fear, our presence automatically liberates others

Marianne Williamson – American author and scholar (b. 1952). This Quote is oft falsely attributed to Nelson Mandela in his inaugural speech from 1994, see: ANC history

Philanthropy

Philanthropy, while meritorious, on a large scale becomes a political act: the tycoon who extracts a fortune from the public to build a museum in one place rather than another has not created new beauty, only imposed his priorities on society.

John Train – American author and investor (b.1928)

Anyway

People are unreasonable,
illogical and self-centered,
LOVE THEM ANYWAY!

If you do good,
people will accuse you of selfish,
ulterior motives,
DO GOOD ANYWAY!

If you are successful,
you win false friends and true enemies,
SUCCEED ANYWAY!

The good you do today
will be forgotten tomorrow,
DO GOOD ANYWAY!

Honesty and frankness
make you vulnerable,
BE HONEST AND FRANK ANYWAY!

What you spent years building
may be destroyed overnight,
BUILD ANYWAY!

People who really need help
but may attack you if you help them,
HELP PEOPLE ANYWAY!

Give the world your best
and you’ll get kicked in the teeth,
GIVE THE WORLD YOUR BEST ANYWAY!

from a boeard in Sishu Bhavan, a children’s home in Calcutta, where Mother Teresa (Albanian nun, 1910-1997) used to work. “Anyway”) is a text from eight of the “Paradoxical Commandments” by Dr. Kent M. Keith (see below), Quotations book 2002

Original PARADOXICAL COMMANDMENTS

1. People are illogical, unreasonable, and self-centered. Love them anyway.
2. If you do good, people will accuse you of selfish ulterior motives. Do good anyway.
3. If you are successful, you win false friends and true enemies. Succeed anyway.
4. The good you do today will be forgotten tomorrow. Do good anyway.
5. Honesty and frankness make you vulnerable. Be honest and frank anyway.
6. The biggest men with the biggest ideas can be shot down by the smallest men with the smallest minds. Think big anyway.
7. People favor underdogs, but follow only top dogs. Fight for a few underdogs anyway.
8. What you spend years building may be destroyed overnight. Build anyway.
9. People really need help but may attack you if you do help them. Help people anyway.
10. Give the world the best you have and you’ll get kicked in the teeth. Give the world the best you have anyway.
Additional to “Paradoxical Commandments” at  “The Final Analysis”: You see, in the final analysis, it is all between you and God; I was never between you and them anyway.

Give in

Never give in, never, never, never – in nothing, great or small, large or petty – never give in except to convictions of honour and good sense.

Sir Winston L. Churchill – British politician, 1940-45 and 1951-55 Prime Minister, Nobel Prize in literature 1953 (1874-1965), from the speech “9th February 1941 World Broadcast”, Quotations book 2002

Children See What They Live

If a child lives with criticism, he learns to condemn.

If a child lives with hostility, he learns to fight.

If a child lives with ridicule, he learns to be shy.

If a child lives with shame, he learns to feel guilty.

If a child lives with tolerance, he learns to be patient.

If a child lives with encouragement, he learns confidence.

If a child lives with praise, he learns to appreciate.

If a child lives with fairness, he learns justice.

If a child lives with security, he learns to have faith.

If a child lives with approval, he learns to like himself.

If a child lives with acceptance and friendship, he learns to find love in the world.

seen at Guthrie Castle, Scotland – Quotations book 2002

Success

My material success was not to be attributed to what I have known or done myself, but to the faculty knowing and choosing others who did know better than myself. Precious knowledge this for any man to posses. I did not understand (for example) steam machinery, but I tried to understand that much more complicated piece of mechanism – man.

Andrew Carnegie – Scottish-born American steel entrepreneur (1835-1919), Quotations book 2003

Character

The best index to a persons character is (a) how he treats people who can’t do him any good, and (b) how he treats people who can’t fight back.

Abigail van Buren – born Pauline Esther Friedman, American advice columnist (1918-2013), Quotations book 2003

Water

We never know the worth of water ’til the well is dry.

Proverb – Quotations book 2005

Venture Capital

We back jockeys, not horses.

Motto of venture investors – Quotations book 2005

Trust

We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philosophies, and competitive values. For a nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.

John F. Kennedy – American politician, 1961-63 35th president (1917-1963), Quotations book 2005

Trust

In God we trust, all others bring data.

Prof. Dr. William Edwards Deming – founder of “Total Quality”-movement (1900-1993), Quotations book 2005

National debt

Blessed are the young, for they shall inherit the national debt.

Herbert C. Hoover – American politician, 1929-33 31st president (1874-1964), Quotations book 2005

Salvation

For what profit is it to a man if he gains the whole world, and lose his own soul? Or what will a man give in exchange for his soul?

The Bible, Matthew 16:26 (N. N.) – Quotations book 2005

Principles

A people that values its privileges above its principles soon loses both.

Dwight David Eisenhower – American general and politician, 1953-61 34th president (1890-1969), Quotations book 2005

Myth as the enemy of truth

For the great enemy of truth is very often not the lie – deliberate, contrived and dishonest – but the myth – persistent, persuasive and unrealistic. Too often we hold fast to the cliches of our forebears. We subject all facts to a prefabricated set of interpretations. We enjoy the comfort of opinions without the discomfort of thougt.

John F. Kennedy – American politician, 1961-63 35th president (1917-1963), during a speech at the Yale University on June 11th, 1962, Quotations book 2005

Attitude of managers

As partial owners of a dozen plus companies we are by necessity absentee owners. Consequently, our first and overriding task in evaluating an investment is to determine whether management would work for us. Would they do what an owner with a long-term view would do with their knowledge of the business?

Arthur D. Clarke – American Investment Advisor (b. 1942), Quotations book 2005

Learning

You cannot teach a man anything; you can only help him to discover it in himself.

Galileo Galilei – Italian astronomist und physicist (1564-1642), Quotations book 2005

Long-term investments

More fortunes are made by sitting on good securities for years at a time than by active trading.

Philip L. Carret – American investor, founder of Pioneer Fund (1896-1998), Quotations book 2005

Long-term investments

Referring to 1913: Even in these earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear.

Philip A. Fisher – American Growth-Investor and Mentor for Warren Buffett (1907-2004), Quotations book 2005

Integrity

Does the company have a management of unquestionable integrity?

Philip A. Fisher – American Growth-Investor and Mementor for Warren Buffett (1907-2004)

Hope

Hope is not the conviction that something will turn out well, but the certainty that something makes sense, regardless of how it turns out.

Wisdom

Value of life

The value of life ist not in the length of days, but in the use we make of them; a man may live long yet very little.

Michel de Montaigne – French writer and philosopher (1533-1592)

Knowledge

Knowledge is of no value unless you put it into practice.

Proverb

Hope

Every child has its own statistic:

Wise medical doctors answer to the question of worried parents what survivial chance percentage their child would have: The child is well and alive today.

said at the Ira W. Sohn Conference for Tomorrows Childrens Fund – Quotations book 2005

Holding period

How long should you hold a stock? As long as the good things that attracted you to the company are still there.

Philip L. Carret – American investor, founder of Pioneer Fund (1896-1998), Quotations book 2005

Being generous

Whoever sows sparingly will also reap sparingly, and whoever sows generously will also reap generously.

The Bible, 2 Corinthians 9:6 (NIV) – Quotations book 2005

Life

All life is problem solving.

Sir Karl Raimund Popper – Austrian-born English philosopher and sociologist (1902-1994)

To live means to fight

Vivere militare est..

Lucius Annaeus Seneca – Roman philosopher (4 BC-65 AC)

Committees

Committees should be small and in odd numbers, preferably below three.

Wisdom

Love

Love never fails.

The Bible, 1 Corinthians 13:8 (NIV)

Examen of Consciousness

1. God, I believe that at this moment I am in your presence and you are loving me.
2. God, you know my needs better than I know them. Give me your light and help as I review this day.
3. God, help me now to review the events of this day in order to recognize your blessings and my shortcomings.
4. God, I ask your forgiveness for my failings and I thank you for all your blessings.
5. As I look forward to the remainder of this day (or tomorrow) make me aware that you are with me, show me how to become the person you want me to be.

following Ignatius of Loyola – basque monk, founder of the Jesuit order(1491-1556), Quotations book 2005

Income statement

A firm’s income statement may be likened to a bikini – what it reveals is interesting, but what it conceals is vital.

Burton G. Malkiel – American economist, professor for economy at Princeton University (b. 1932), Quotations book 2005

Justice

When we get what we deserve, that is justice.

When we don’t get what we deserve, that is mercy.

When we get what we don’t deserve, that is grace.

Proverb – Quotations book 2005

Money

A business that makes nothing but money is a poor kind of business.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2005

Commitment

When you cease to make a contribution, you begin to die.

Eleanor Roosevelt – American presidential spouse 1933-45 and philanthropist, co-writer of the UN Charta for human rights (1884-1962)

Discussions

Great minds discuss ideas.

Average minds discuss events.

Small minds discuss people.

Eleanor Roosevelt – American presidential spouse 1933-45 and philanthropist, co-writer of the UN Charta for human rights (1884-1962)

Discussion

Don’t take the wrong side of an argument just because your opponent has taken the right side.

Baltasar Gracián y Morales – Spanish philosopher and writer (1601-1658), Quotations book 2005

Authentic leadership

When you teach you cannot cheat.

Proverb

Creation of capital

Capital must be propelled by self-interest; it cannot be enticed by benevolence.

Walter Bagehot – English economist and author, editor in chief of “The Economist” (1826-1877)

Character

Reputation is what others think of us; character is what God and the angels know of us.

Thomas Paine – American independece fighter and human rights activist, known as “voice of the American revolution” (1737-1809), Quotations book 2005

Need and greed

Earth provides enough to satisfy every man’s need, but not every man’s greed.

Mahatma Gandhi – Indian politician (1869-1948), Quotations book 2005

Taking the job seriously

Always take your job seriously, never yourself.

Dwight David Eisenhower – American general and politician, 1953-61 34th president (1890-1969), Quotations book 2005

Action

There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction.

John F. Kennedy – American politician, 1961-63 35th president (1917-1963), Quotations book 2005

Equity participation

I don’t have sense enough to figure out when to go into cash, so we’re always fully invested in stocks.

Philip L. Carret – American Investor and founder of Pioneer Fund (1896-1998), Quotations book 2005

Religion

When I do good, I feel good; when I do bad, I feel bad, and that is my religion.

Abraham Lincoln – American politician, 16th president 1896-65 (1809-1865)

The bottom 10 percent

The cruelest system in the world is when they give people 3 percent to 4 percent increases to keep them even with inflation. They carry them along, don’t give them appraisals, don’t tell them what they are doing wrong, how they can improve and then, a recession comes.

Then, they call them in and say, “Hey, you gotta go.” That is the cruellest form of management.

We tell the bottom 10 percent, “Look. You’ve got a year. Find yourself somewhere to go.” And they do. They’ve got good credentials, they go out and they launch into a new career instead of always being tarred as the bottom 10. Don’t think of this as cruel. Think of telling people where they stand as one of your main obligations as a leader.

Jack Welch – born John Francis Welch Jr., legendary American manager (General Electric), Fortune 1999: Manager of the Century (b. 1935)

Factors for success

– The business can only be truly successful if it improves the life of people.

– The richness of man is the work – not the money, which is only a tool to go through life.

– Have clarity on what you do and make it readable to the outside.

Pietro Barilla – Italian food-entrepreneur (1913-1993), Quotations book 2006

Forces

What a curious phenomenon it is that you can get men to die for the liberty of the world who will not make the little sacrifice that is needed to free themselves from their own individual bondage..

Bruce Barton – American author and Advertising expert (1886-1967), Quotations book 2006

Will and achievement

It is God at work in you – giving you the will and the power to achieve His purpose.

The Bible, Philippians 2:13 (N.N.) – Quotations book 2006

Trust in GOD

Commit thy way unto the LORD; trust also in him; and he shall bring it to pass.

The Bible, Psalm 37:5 (KJV) – Quotations book 2006

Entrepreneur

Being an entrepreneur means having a different view of the future.

Ludwig von Mises – Austrian economist (1881-1973), Quotations book 2006

Action

Action speaks louder than words.

Proverb – Quotations book 2006

Govern

It is impossible to rightly govern the world without God and the Bible.

George Washington – American politician, 1789-97 first president (1732-99), Quotations book 2006

New ideas

The man with a new idea is a crank until the idea succeeds.

Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910), Quotations book 2006

Learning

Anyone who stops learning is old, whether at twenty or eighty.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2006

Creditworthiness

The first thing is character … before money or property or anything else.

John Pierpont Morgan – American banker (1837-1913), Quotations book 2006

Watchword 2006

I will not fail thee, nor forsake thee.

The Bible, Josua 1:5 (KJV) – Quotations book 2006

The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An act of civil courage! He has established a tradition that still exists today. Meanwhile, the annual solution is set by the Ecumenical Association for Bible Reading (Ökumenische Arbeitsgemeinschaft für Bibellesen) three years in advance.

Aim high

Aim at Heaven and you will get ‚earth thrown in’. Aim at earth and you will get neither.

C. S. Lewis – British writer (1898-1963), Quotations book 2006

Chains of habit

The chains of habit are too light to be felt until they’re too heavy to be broken.

Bertrand Russell – British philosopher and mathematician, Nobel Prize in literature 1950 (1872-1970), Quotations book 2006

Together

You can do things that I cannot do.

I can do things that you cannot do.

Together we can do great things.

Mother Teresa – born Agnes Gonxha Bojaxhiu, Albanian-born Indian nun and order’s founder, Nobel Peace Prize 1979 (1910-1997), Quotations book 2006

Prayer for Generosity

Lord, teach me to be generous.
Teach me to serve as you deserve;
To give and not count the cost;
To fight and not to heed the wounds;
To toil and not to ask for rest;
To labor and not ask for reward;
Save that of knowing I am doing your will.

Ignatius of Loyola – basque monk, founder of the Jesuit order (1491-1556), Quotations book 2006

Friend and enemy

A wise man gets more use from his enemies than a fool from his friends.

Baltasar Gracián y Morales – Spanish philosopher and writer (1601-1658), Quotations book 2006

Focus

If you chase two rabbits, both will escape.

Otto von Bismarck – German politician, 1871-90 first chancellor (1815-1898), Quotations book 2006

Search for faults

Don’t find a fault, find a remedy.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2006

Success

He profits most who serves best.

Arthur F. Sheldon – president of “Sheldon School of Business Building” (1868-1936), Quotations book  2006

Self-reliance

You have to do your own growing no matter how tall your grandfather was.

Abraham Lincoln – American politician, 1861-65 16th president (1809-1865), Quotations book 2006

Stayng power

One man has enthusiasm for 30 minutes, another for 30 days, but it is the man who has it for 30 years who makes a success out of his life.

Edward B. Butler – American painter (1853-1928), Quotations book 2006

Delegate

If a manager wants to handle everything on his own, he mustn’t be surprised at his staff retiring.

Wisdom – Quotations book 2006

Gratefulness

It is not happiness that makes you grateful, but gratefulness that makes you happy.

Brother David Steindl-Rast – Austrian-born American Benedictine monk (b. 1926), www.gratefulness.org, www.dankbarkeit.org, Quotations book 2006

Expensive Social Assistance State

By intervening directly and depriving society of its responsibility, the Social Assistance State leads to a loss of human energies and an inordinate increase of public agencies, which are dominated more by bureaucratic ways of thinking than by concern for serving their clients, and which are accompanied by an enormous increase in spending.

Pope John Paul II – born Karol Wojtyła, Holy Father 1978-2005 (1920-2005), from “Centesimus Annus” (1991), Quotations book 2006

Top-Performance

Top-Performance is only achieved by people who enjoy what they are doing.

Wisdom

Wrong objective

Don’t chase performance – you will always be late.

Perry J. Kaufman – American financial theorist, investment-expert and author (b. 1943)

Failing

Failing to plan is planning to fail.

Benjamin Franklin – American politician, writer and scientist (1706-1790)

Take the opportunity

The sad truth is that opportunity doesn’t knock twice. You can put things off until tomorrow but tomorrow may never come.

Gloria Estefan – American singer and actress (b. 1957)

Eternal

The things which are seen are temporal; but the things which are not seen are eternal.

The Bible, 2 Corinthians 4:18 (KJV)

Buying Stocks

Buy stocks that are difficult to buy.

Experienced investor’s rule of thumb

Law suit

Law suits always undervalue companies.

Business wisdom

Knowledge

Investment in knowledge pays the best interest.

Benjamin Franklin – American politician, writer and scientist (1706-1790), Quotations book 2002

World

All of the good in the world is not done by foundation donations. Much more good is done via ordinary business operations of the corporations in which they invest.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), Quotations book 2002

Value

Things only have the value that we give them.

Molière – born Jean Baptiste Poquelin, French actor and playwright (1622-1673)

Trust

Everything happens for the best.

Richard Prentice Ettinger – American publisher, inventor of loseleaf-Services and founder of US-publisher Prentice Hall (1893-1971), from “Everything Happens for the Best” (1970), Quotations book 2002

Trust

What would you attempt to do if you knew you could not fail?

Dr. Robert H. Schuller – American evangelist and reformed priest (1926-2015), Quotations book 2002

People are possibilities

Love sees people – not as problems, better as possibilities.

Dr. Robert H. Schuller – Americanisch evangelist and reformed priest (1926-2015)

Dream

If you can dream it, you can do it.

Walt Disney – Americani catoonist and film producer (1901-1966), Quotations book 2002

Self-realisation

Be the person you always wanted to be!

Motivation – Quotations book 2002

Risk

A ship in the harbour is safe… But that’s not what the ships were made for.

Wisdom – Quotations book 2002

Mesurement

What gets measured gets done.

Management’s wisdom – Quotations book 2002

People

You can find out more about someone in an hours play than during a year of discussing..

Plato – Greek philosopher (ca. 428-348 BC), Quotations book 2002

Blasphemy

Do not pay Attention to every word People say or you may hear your servant coursing you – for you know in your heart that many times you you yourselv have cursed others.

The Bible, Ecclesiastes 7:21-22 (NIV) – Quotations book 2002

Watchword 2002

Behold, God is my salvation; I will trust and not be afraid.

The Bible, Jesaja 12:2 (KJV) – Quotations book 2002

The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An act of civil courage! He has established a tradition that still exists today. Meanwhile, the annual solution is set by the Ecumenical Association for Bible Reading (Ökumenische Arbeitsgemeinschaft für Bibellesen) three years in advance.

Property

You never know the true value of a property until you have cashed the check from the sale.

Claude N. Rosenberg, Jr. – American Investment consultant (1928-2008), from “Investing with the Best” (1986), Quotations book 2002

Errors

More is learned from one’s errors than from one’s successes.

Primo Levi – Italian writer (1919-1987),  Quotations book 2002

Honesty

I think you’ll make more money in the end with good ethics than bad.

Charlie Munger – Vice Chairman of Berkshire Hathaway (b. 1924), in “Harvard Law Bulletin” (Summer 2001), Quotations book 2002

Wisdom

Where is the wisdom we have lost in knowledge?

Where is the knowledge we have lost in information?

Thomas Stearns Eliot – English-born American writer, Nobel Prize in literature 1948 (1888-1965)

Cheated

Better to be occasionally cheated than perpetually suspicious.

Bertie Charles Forbes – American journalist and publisher (1880-1954), Quotations book 2002

Assertiveness

Agreeable in manner, strong in substance.

Fortiter in re, suaviter in modo!

Claudius Aquaviva – Italian Jesuit general, Venice (1543-1615), Quotations book 2002

Dreams of the future

The future belongs to those who believe in the beauty of their dreams.

Eleanor Roosevelt – American presidential spouse 1933-45 and philanthropist, co-writer of the UN Charta for human rights (1884-1962), Quotations book 2004

Quote

Have you ever observed that we pay much more attention to a wise passage when it is quoted than when we read it in the original author?

Philip G. Hamerton – English writer (1834-1894), Quotations book 2004

Forgiveness

The weak can never forgive.

Forgiveness is the attribute of the strong.

Mahatma Gandhi – Indian politician (1869-1948), Quotations book 2004

Forgive

Forgive someone and set a person free and you will discover, that this person is you.

Proverb – Quotations book 2004

Planning

It’s not the plan that is important, it is the planning.

Dr. Graeme Edwards – Australian specialist in Occupational and Environmental Medicine, Quotations book 2004

Each individual counts

Individual commitment to a group effort is what makes

– a team work

– a society work

– civilisation work.

Vince Lombardi – legendary American football coach (1913-1970)

Strength

I can do all things through Christ who strengthens me.

The Bible, Philippians 4:13 (ERV)

Failure

A man can fail many times, but he isn’t a failure until he begins to blame someone else.

John Borroughts – American author and naturalist (1837-1921)

Minne

Ett gott samvete beror ofta på dåligt minne.

Swedish proverb, published in a collection by Gunnel (b. 1941) and Kjell Swärd (b. 1937)

Ideas

It’s not how many ideas you have. It’s how many you make happen.

Wisdom – Quotations book 2004

Duty

I believe that every right implies a responsibility; every opportunity, an obligation; every possession, a duty.

John D. Rockefeller jr. – American philanthropist (1874-1960), Quotations book 2003

What matters

One hundred years from now, it will not matter what kind of car I drove, what kind of house I lived in, how much I had in my bank account, nor what my clothes looked like. But the world may be a little better because I was important in the life of a child.

Dr. Forest E. Witcraft – American Scholar and boy scout(1894-1967), from “Within My Power” (1950), Quotations book 2003

Love

You must capture and keep the heart of the original and supremely able man before his brain can do its best.

Andrew Carnegie – Scottish-born American steel industrialist (1935-1919), Quotations book 2003

Imprinting

Values are like fingerprints. Nobody’s are the same, but you leave ’em all over everything you do.

Elvis Presley – American singer (1935-1977), Quotations book 2004

Experience of Life

A woman was strolling along a street in Paris when she spotted Picasso sketching at a sidewalk cafe.

The woman went over and asked Picasso if he could sketch her, and charge her accordingly.

Picasso obliged. In just minutes, there she was: an original Picasso.

“And what do I owe you?” she asked.

“Five thousand francs” he answered.

“But it only took you three minutes”, she exclaimed.

“No”, Picasso said. “It took all my life.”

Pablo Picasso – Spanish artist (1881-1973), Quotations book 2004

Consumers

If I’d listened to my consumers, I’d have given them a faster horse.

Henry Ford – American engineer and industrialist (1863-1947), Quotations book 2004

Watchword 2004

Jesus Christ says: Heaven and earth will pass away, but my words will never pass away.

The Bible, Marcus 13:31 (NIV) – Quotations book 2004

The Protestant pastor and song writer Otto Riethmüller (1889-1939) – he belonged to the Confessing Church – decided in 1930 under the impression of the Nacional Socialism’s propaganda, to give henceforth every calendar year a headline with a Bible verse. An act of civil courage! He has established a tradition that still exists today. Meanwhile, the annual solution is set by the Ecumenical Association for Bible Reading (Ökumenische Arbeitsgemeinschaft für Bibellesen) three years in advance.

Fundraising

Fundraising is the gentle art of teaching the joy of giving.

Henry A. “Hank” Rosso – American fundraiser (1917-1999), Quotations book 2004

Freedom

Where the Spirit of the Lord is, there is freedom.

The Bible, 2 Corinthians 3:17 (NIV) – Quotations book 2004

Focus

Focus on waht you can do not on what you cannot do.

Motto of a handicapped basketball-player and participant of the paralympic games – Quotations book 2004

Implementation

An act of goodness is of itself an act of happiness.

No reward coming after the event can compare with the sweet reward that went with it.

Maurice Maeterlinck – Belgian writer, Nobel Prize in literature 1911 (1862-1949), Quotations book 2004

Precognition

Go where the puck is going to be, not where you see it.

Lowell “Bud” Paxson – American media executive (1935-2015), founder of Home Shopping TV, the Pax Net channels and “Worship TV”, Quotations book 2003

Crocodiles

Don’t think there are no crocodiles because the waters are calm.

Malaysian proverb – Quotations book 2003

Consequences

Because Ideas have consequences

Slogan of the Hillsdale Academy – The Hillsdale Academy is an American School in Michigan, Quotations book 2003