Friend – Ships

There are good ships, and there are wood ships, the ships that sail the sea.
But the best ships are friendships, and may they always be.

Irish saying – Quotations book 2018

Christo

The modern clergy believe they can bring man closer to Christ by insisting on Christ’s humanity.
Thus forgetting that we do not trust in Christ because He is man, but because He is God.

Nicolás Gómez Dávila – Colombian philosopher (1913-1994), from “Escolios a un Texto Implícito: Selección”, p. 472 (1977), Quotations book 2017

El clero moderno cree poder acercar mejor el hombre a Cristo, insistiendo sobre la humanidad de Jesús.
Olvidando así que no confiamos en Cristo porque es hombre, sino porque es Dios.

Nicolás Gómez Dávila – filósofo columbiano (1913-1994), de “Escolios a un texto implícito” (1977), Libro de citas 2017

Seeing the world

You don’t see the world as it is, you see the world as you are.

Wisdom – Quotations book 2017

Go ahead and do it

If it’s a good idea, go ahead and do it. It is much easier to apologize than it is to get permission.

Grace B. M. Hopper – American compoter pioneer, member of the US Navy (1906-1992), Quotations book 2017

Perseverance

It’s not that I’m so smart; it’s just that I stay with problems longer.

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

Brilliance

Brilliance is the ability to simplify a mass amount of information into a simple yes/no decision.

Warren Buffett – American value investor, Chairman of Berkshire Hathaway (b. 1930), Quotations book 2017

Humility instead of arrogance

Wealth is not the problem, but the arrogance that often accompanies it
and conversely, poverty is not a blessing, but the humility which often accompanies it is.

following Johan Chrysostom – born Johan of Antioch, Greek Doctor of Church, 398-407 Archbishof of Constantinopel (344 or 349-407), Quotations book 2017

The right perspective

The pessimist complains about the wind.
The optimist expects it to change.
The realist adjusts the sails.

American proverb – Quotations book 2017

Progress starts in Little steps

All mankind’s progress has been achieved as a result of the initiative of a small minority that began to deviate from the ideas and customs of the majority until their example finally moved the others to accept the innovation themselves.

Ludwig von Mises – Austrian economist (1881-1973), in “Liberalism: In the Classical Tradition” (1927), Quotations book 2017

Education

Education is important, especially when it comes to dismantling prejudices. You can’t help being a prisoner within your own mind, but the least you can do is ensure that the cell is decently furnished.

Sir Peter Ustinov – English actor and writer (1921-2004), Quotations book 2017

Realize

It’s hardest to see what’s wrong about what seems normal.

Jane S. Fonda – American actress and writer (b. 1937), in “My Life So Far”, act two, chapter 1 “1968” (2010)

Initiative

Business is not about ideas, it’s about initiatives.

Sergio Zyman – Mexican marceting executive and Company founder, advisor for Coca Cola (b. 1945), Quotations book 2017

New ideas

I can’t understand why people are frightened of new ideas.
I’m frightened of the old ones.

John Cage – American composer, musical theorist and writer (1912-1992), from an interview with Richard Kostelanetz, published in “Conversing with Cage” (1988), Quotations book 2017

Evolution of a crisis

The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.

Prof. Dr. Rüdiger “Rudi” Dornbusch – German-born American economist (1942-2002), in an interview for “Frontline” (PBS, 1995), Quotations book 2018

Hope

Hope is definitely not the same thing as optimism. It is not the conviction that something will turn out well, but the certainty that something makes sense, regardless of how it turns out.

Dr. h. c. Václav Havel – Czech writer and politician, 1993-2003 president of the Czech Republik (1936-2011), from “Disturbing the peace: a conversation with Karel Hvížďala”, Chapter 5 (1986), Quotations book 2017

Naděje není to přesvědčení, že něco dobře dopadne, ale jistota, že má něco smysl – bez ohledu na to, jak to dopadne.

Dr. h.c. Václav Havel – český a později politik, 1993-2003 prezidentem České republiky (1936-2011), “Dálkový výslech. Rozhovor s Karlem Hvížd’alou” (1986), Citace knihy 2017

Wisdom: A Column of Benjamin Franklin’s Ageless Maxims and Aphorisms

He invented the “Franklin” open stove. He discovered that lightning is an electrical discharge by experimenting with a kite during a thunderstorm. He founded the Philadelphia Library, the University of Pennsylvania, and the American Philosophical Society. An accomplished linguist, he helped his nation better its relations with the European powers when those relations were critical to its survival. He established the US Post Office on a profitable basis. He helped draft the Declaration of Independence. Rising from meager origins, Benjamin Franklin became one of the nation’s wealthiest businessmen, owning its most successful printing and publishing firms. “Poor Richard’s Almanac”, which he published for some 25 years under the pseudonym of Richard Saunders was one of the nation’s most popular publications in its time.

Poor Richard’s Almanac is the source of these observations:

1. Genius without education is like silver in the mine.
2. He that won’t be counseled can’t be helped.
3. Learn of the skilful: He that teaches himself hath a fool for his master.
4. Fools need advice most, but wise men only are the better for it.
5. The learned Fool writes his nonsense in better language than the unlearned; but still ’tis nonsense.
6. Hear reason, or she’ll make you feel her.
7. He that hath a trade, hath an estate.
8. Great estates may venture more; little boats must keep near shore.
9. If your riches are yours, why don’t you take them with you to the other world?
10. He that can have patience, can have what he will.
11. Great talkers, little doers.
12. Half wits talk much but say little.
13. If passion drives, let reason hold the reins.
14. ‘Tis easy to see, hard to foresee.
15. He that waits upon fortune is never sure of dinner.
16. A change of fortune hurts a wise man no more than a change of the moon.
17. Diligence is the mother of good luck.
18. There are lazy minds as well as lazy bodies.
19. No gains without pains.
20. Industry, perseverance, and frugality, make fortune yield.
21. All things are easy to industry, all things difficult to sloth
22. Nothing humbler than ambition, when it is about to climb.
23. Industry pays debts, despair increases them.
24. Well done is better than well said.
25. Great good-nature without prudence is a great misfortune.
26. Keep thy shop, and thy shop will keep thee.
27. Necessity never made a good bargain.
28. Be slow in choosing a friend, slower in changing.
29. Who is rich? He that rejoices in his portion.
30. Wealth is not his that has it, but his that enjoys it.
31. He that buys by the penny, maintains not only himself, but other people.
32. Drive thy business; let not that drive thee.
33. The most exquisite folly is made of wisdom spun too fine.
34. As pride increases, fortune declines.
35. Tricks and trechery are the practice of fools, that have not wit enough to be honest
36. Who is strong? He that can conquer his bad habits.
37. Promises may get thee friends, but non-performance will turn them into enemies.
38. Content makes poor men rich; Discontent makes rich men poor.
39. You can bear your own faults, and why not a fault in your wife?
40. The same man cannot be both Friend and Flatterer.
41. Those who are fear’d, are hated.
42. A true friend is the best possession.
43. Hear no ill of a friend, nor speak any of an enemy.
44. Pay what you owe, and you’ll know what’s your own.
45. At 20 years of age, the will reigns; at 30 the wit; at 40 the judgment.
46. If you would keep your secret from an enemy, tell it not to a friend.
47. They who have nothing to be troubled at, will be troubled at nothing
48. An undutiful daughter, will prove an unmanageable wife.
49. Eat to live; live not to eat.
50. To lengthen thy life, lessen thy meals.
51. A good wife lost, is God’s gift lost.
52. There is no little enemy.

Benjamin Franklin – American politician, writer and scientist (1706-1790), from “Poor Richard’s Almanack” (1733-1758)

Grip

You can’t climb the ladder of success with your hands in your pockets.

Arnold A. Schwarzenegger – Austrian-born American actor, bodybuilder and politician, 2003-11 Governor of California (b. 1947), in his commencement speech at the University of California (May 15th, 2009), Quotations book 2017

Listen

When you talk you are only repeating what you already know,
but when you listen you may learn something.

Wisdom – Quotations book 2017

Content

Content makes poor men rich; Discontent makes rich men poor.

Benjamin Franklin – American politician, writer and scientist (1706-1790), from “Poor Richard Improved” (1749), Quotations book 2017

Get further

You can’t get very far until you start doing something for somebody else.

Melvin Jones – American business leader, founder of Lions Club International (1879-1961), Quotations book 2017

Hvem du er

Det er det du gjør og ikke det du sier som viser hvem du egentlig er.

Norsk ordtak – Sitater bok 2017

It’s what you do, not what you say, that shows who you really are.

Norwegian proverb – Quotations book 2017

Wisdom, morality, determination

Wisdom frees from doubts,
morality frees from suffering,
determination frees from fear.

知者不惑,
仁者不憂,
勇者不懼。

attributed to Confucius – Chinese philosopher and teacher (around 551-479 B.C.), from the “Lun Yu”, a collection of sayings attributed to Master Kong and his followers, first published in the 2nd century (book IX, chapter 28), Quotations book 2017

Precaution

Before you attempt to beat the odds, make sure you can survive the odds beating you.

Dr. Lawrence “Larry” Kersten – American sociologist and author (1933-2006), Quotations book 2017

Business valuation

Managers and investors alike must understand that accounting numbers are the beginning, not the end, of business valuation.

Warren Buffett – American investor, Chairman of Berkshire Hathaway (b. 1930), in his letter to Berkshire Shareholders (1982), Quotations book 2017

Foresight

It wasn’t raining when Noah built the Ark.

proverbial saying – Quotations book 2017

Are you in the right game?

If no mistake have you made, yet losing you are … a different game you should play.

Wisdom from Jedi Master Yoda – character from the book and film series “Star Wars”, from the novel “Shatterpoint” (2004), Quotations book 2017

Try

Whoever tries the most stuff wins!

Tom Peters – American author and consultant (b. 1942), Quotations book 2017
see tompeters.com

Wisdom

Scientiam non ut possessio habeatur, sed sicut aliquid ab eo mutuatum.

Wisdom is not held by men as a possession, but as something on loan .

Thomas of Aquin – Italian philosopher and theologian (c. 1225-1274), from his comment on Aristotle’s Metaphysics “Sententia libri Metaphysicae” (lib. 1 l. 3 n. 13)

Risk

Our doubts are traitors
And make us lose the good we oft might win
By fearing to attempt.

William Shakespeare – English writer (1564-1616), from “Measure for Measure”, act 1, scene 4 (1604)

Getting forward

The secret of getting forward is to make the first step.

Proverb, often attributed to Mark Twain – born Samuel Langhorne Clemens, American writer (1835-1910), Quotations book 2017

Pioneers

First they ignore you. Then they ridicule you. And then they attack you and want to burn you. And then they build monuments to you.

Nicholas Klein – American attorney and trade unionist (1884-1951), from his address at the Third Biennial Convention of the Amalgamated Clothing Workers (1918), Quotations book 2017

Building dreams

Build your own dreams, or someone else will hire you to build theirs.

motivational dictum

Analysis

The time to reflect on your methods is when you are most successful, not when you are making the most mistakes.

Sir John Marks Templeton – British value investor and philanthropist (1912-2008), Quotations book 2017

Blessing or test?

When God provides more money, we often think: This is a blessing!
Well, yes, but it would be just as scriptural to think: This is a test!

Randy C. Alcorn – director of the Eternal Perspective Ministries and author (b. 1954), from “The Treasure Principle: Discovering the Secret of Joyful Giving” (2001), Quotations book 2017

Six Rules on How to Be Successful

1. Trust yourself.
2. Break some rules.
3. Don’t be afraid to fail.
4. Ignore the naysayers.
5. Work like hell.
6. Give something back.

Arnold A. Schwarzenegger – Austrian-born American actor, bodybuilder and politician, 2003-11 Governor of California (b. 1947), in his commencement speech at the University of California (May 15th, 2009), Quotations book 2017

Take a position

Cowardice asks the question: “Is it safe?”
Expediency asks the question: “Is it politic?”
Vanity asks the question: “Is it popular?”
But conscience asks the question: “Is it right?”
And there comes a time, when one must take a position that is neither safe, nor politic, nor popular but he must take it because conscience tells him it is right.

Martin Luther King jr. – American civil rights activist and pastor, Nobel Peace Prize 1964 (1929-1968), from his speech “A Proper Sense of Priorities”, held in Washington on February 6th, 1968, Quotations book 2017

Philanthropy

Philanthropy is harder than business. You are tackling important problems that people with intellect and money have tackled in the past and had a tough time solving.

Warren Buffett – American investor, Chairman of Berkshire Hathaway (b. 1930), from ” The Snowball: Warren Buffett and the Business of Life” by Alice Schroeder (2008), Quotations book 2017

Ville eet

Fader i Himlene! Hvad er dog et Menneske uden Dig!
Hvor er Alt hvad han veed, var det end det Mangfoldiges Mængde, kun et afbrudt Stykke, hvis han ikke kjender Dig;
er al hans Stræben, var den end omfattende en Verden, kun et halvgjort Arbeide, hvis han ikke kjender Dig, Du den Ene, som er Eet og som er Alt!
Saa give Du i Forstanden Viisdom til at fatte det Ene, i Hjertet Oprigtighed til at annamme Forstaaelsen, i Villien Reenhed ved kun at ville Eet;
saa give Du i gode Dage Vedholdenhed til at ville Eet, i Adspredelser Samling til at ville Eet, i Lidelser Taalmod til at ville Eet.
O, Du som giver baade at begynde og at fuldkomme, Du give aarle, naar Dagen gryer, den Unge Beslutningen at ville Eet;
naar Dagen helder give Du Oldingen en fornyet Ihukommelse af sin første Beslutning, at det Sidste maatte være som det Første, det Første som det Sidste, være Dens Liv, der kun har villet Eet.

Father in heaven, what is man without you!
What is all that he knows, vast accumulation though it be, but a chipped fragment if he does not know you!
What is all his striving, could it even encompass a world, but a half-finished work if he does not know you: you the One, who is one thing and who is all!
So may you give to the intellect, wisdom to comprehend that one thing; to the heart, sincerity to receive this understanding; to the will, purity that wills only one thing.
In prosperity may you grant perseverance to will one thing; amid distractions, collectedness to will one thing; in suffering, patience to will one thing.
O you who give both the beginning and the completion, may you early, at the dawn of day, give to the young person the resolution to will one thing.
As the day wanes, may you give to the old person a renewed remembrance of their first resolution, that the first may be like the last, the last like the first, in possession of a life that has willed only one thing.

Søren Aabye Kierkegaard – Danish Protestant theologian an philosopher (1813-1855), known as one of the most important academics in Denmark, from “Purity of Heart Is to Will One Thing”, in “Edifying Discourses in Diverse Spirits” (1847), Quotations book 2017

Niche

As an investor you never have perfect information, and the biggest profits are always available when competition and information are scarce.

Seth A. Klarman – American investor, president and CEO: The Baupost Group, LLC (b. 1957), Quotations book 2017

Concentrate

Multitasking makes you stupid. Doing more than one thing at a time makes you slower and worse at both tasks. Don’t do it. If you think this doesn’t apply to you, you’re wrong – it does.

Dr. Jeff Sutherland – American software engineer and entrepreneur, inventor of the Scrum software development process (b. 1941), in “Scrum: A revolutionary approach to building teams, beating deadlines and boosting productivity” (2014), Quotations book 2017

Courage to act

Courage is the beginning of an action, but chance is the master of the end.

τόλμα πρήξιος ἀρχή, τύχη δὲ τέλεος κυρίη.

Democritus from Abdera – Greek philosopher (c. 460 -371 B.C.), fragment 269

Courage

We must constantly build dykes of courage to hold back the flood of fear.

Martin Luther King jr. – American civil rights activist and pastor, Nobel Peace Prize 1964 (1929-1968), in his essay “The Strength to Love” (1963)

Staff

MBA students come out with: “My staff is my most important asset.” Bullshit. Staff is usually your biggest cost. We all employ some lazy bastards who needs a kick up the backside, but no one can bring themselves to admit it.

Michael O’Leary – Irish businessman, who made Ryanair one of the largest European airlines (b. 1961)

The Live Joyfully Manifesto

One Life. Keep it simple.
Follow your dreams.
Be curious. Learn new things.
Think outside the box.
Do what you love. Love what you do.
Don’t shy away. Speak your mind.
Be yourself. Be free.
Work less. Do more.
Don’t procrastinate.
Shut off the pixels. Disconnect.
Take time out.
Eat heartily. Take long walks.
Read more. Smile often.
Laugh out loud.
Pick a hobby. Flip a coin.
Sleep like a baby.
Love deeply. Make new friends.
Travel often.
Enjoy the little things.
Seize the day. Live every moment.
Live joyfully.

slogan of the lifestyle company LetterNote, New Delhi, India, Quotations book 2017

Makers

We are the makers of our own destiny. We can mend or mar the present and on that will depend the future.

Mahatma Gandhi – Indian politician (1869-1948), from an interview with the Chinese ambassador in India, Dr. Lo Chia Luen (1947)

Work

There’s a lot of big egos in this industry. Most chief executives got into this business because they want to travel for a living. Not me, I want to work.

Michael O’Leary – Irish businessman, who made Ryanair one of the largest European airlines (b. 1961), Quotations book 2017

Customer focus

I am not the boss – the readers are.

Patrick Joseph McGovern, Jr. – American publisher, founder of the media, research and venture capital organization IDG (1937-2014), Quotations book 2017

Passion

Do what you love and you will never have to work a day in your life .

Saying – Quotations book 2017

Long-term

The longer the time horizon, the better the performance is likely to be.

Louis A. “Lou” Simpson – American investor (b. 1936), Quotations book 2017

John Wooden’s “Seven Point Creed”

1. Be true to yourself.
2. Make each day your masterpiece.
3. Help others.
4. Drink deeply from good books, especially the Bible.
5. Make friendship a fine art.
6. Build a shelter against a rainy day.
7. Pray for guidance and give thanks for your blessings every day.

John Hugh Wooden – American farmer (1882-1950), father of the legendary basketball player and coach John Wooden (1910-2010), whom he gave these lines upon graduation from grammar school, which Wooden kept in his wallet a life Long, Quotations book 2017

Watchword 2017

God says: I will give you a new heart and put a new spirit in you.

The bible, Ezekiel 36:26 (NIV) – Zitateheft 2017

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.

Yes and No

The oldest, shortest words, “yes” and “no”, are those which require the most thoughts.

attributed to Pythagoras of Samos – Greek philosopher and mathematician (c. 570-501 B.C.), Quotations book 2017

Bridle

It is easier to catch an escaped horse than to take back an escaped word.

Mongolian proverb

Ideas

Ideas attract even more ideas!

Dr. René Siegl – Austrian manager (b. 1959), Quotations book 2017

Idealism

There is indeed little merit in being idealistic if the provision of the material means required for these idealistic aims is left to somebody else. It is only where a person can himself choose to make a material sacrifice for a nonmaterial end that he deserves credit.

Friedrich August von Hayek – Austrian economist and social philosopher, Nobel Memorial Prize in economic sciences 1974 (1899-1992), from “The moral Element in Free Enterprise” (1962)

Doing well

Thinking well is wise; planning well, wiser;
doing well wisest and best of all.

Persian proverb – Quotations book 2017

Ask good

The better the question. The better the answer. The better the world works.

Slogan by Ernst & Young, business consulting company

Swords to ploughshares

A successful man is one who can lay a firm foundation with the bricks others have thrown at him

David Brinkley – American journalist, news anchor and author (1920-2003), Quotations book 2017

Voyage heureux

He who would travel happily must travel light.

attributed to Antoine de Saint-Exupéry – French aviator and writer (1900-1994), Quotations book 2017

Pour voyager heureux, voyagez léger.

attribué à Antoine de Saint-Exupéry – écrivain, et aviateur français (1900-1944), Brochure de citation 2017

Serving

If you renounce the powerful motor of profit-striving you have to put another power in its place: service in the religious sense. That is solid ground and brings blessings which we feel thankfully every day. Living and believing in the midst of all the indifference – that is the great experience.

Celui qui renonce au puissant moteur du gain doit le replacer par une autre puissance: servir dans le sens de la foi. C’est une base solide qui apporte le bonheur que nous ressentons, chaque jour, avec reconnaissance. Vivre et croire, entouré de tant d’indifférence, est une expérience merveilleuse.

Gottlieb Duttweiler – Swiss entrepreneur, founder of Migros (1888-1962), in “Wir Brückenbauer” (May 16th, 1958), Quotations book 2017

Wanted

GOD, give us men! A time like this demands
strong minds, great hearts, true faith and ready hands;
men whom the lust of office does not kill;
men whom the spoils of office can not buy;
men who possess opinions and a will;
men who have honor; men who will not lie;
men who can stand before a demagogue
and damn his treacherous flatteries without winking!
Tall men, sun-crowned, who live above the fog
in public duty, and in private thinking:
for while the rabble, with their thumb-worn creeds,
their large professions and their little deeds,
mingle in selfish strife, lo! Freedom weeps,
wrong rules the land and waiting justice sleeps.

Josiah Gilbert Holland – American physician and novelist (1819-1881), written in 1872, Quotations book 2017

Supervision

The directors of companies, however, being the managers rather of other people’s money than of their own, it cannot well be expected that they should watch over it with the same anxious vigilance (…) .

Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company.

Adam Smith – English economist (1723-1790), from “n Inquiry into the Nature and Causes of the Wealth of Nations”, Book V, Chapter 1, Part 3 (1776)

Courage for the unpopular

Take advantage of the high rate of analyst forecast error by simply investing in out-of-favour stocks.

David N. Dreman – Canadian investor, founder and Chairman Dreman Value management (b. 1936), in “Contrarian Investment Strategies: The Next Generation”, rule 10 (1998), Quotations book 2017

Investment Success

The unfortunate reality is that investment success cannot be captured in a mathematical equation or a computer program.

Seth A. Klarman – American investor, president and CEO: The Baupost Group, LLC (b. 1957), from “Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor” (2000)

Success

Success doesn’t just come and find you,
you have to go out and get it.

Evan Carmichael – Canadian consultant and company founder (b. 1980), Quotations book 2017

Lord’s Prayer

Our Father in heaven,
hallowed be Your name,
Your kingdom come,
Your will be done, on earth as in heaven.
Give us today our daily bread.
Forgive us our sins as we forgive those who sin against us.
Save us from the time of trial and deliver us from evil.
For the kingdom, the power, and the glory are Yours now and for ever.
Amen.

The Bible, Matthew 6:9-13 – furthest spread prayer in christianity, version by the English Language Liturgical Consultation (1988), Quotations book 2017

Artists and bankers

When bankers get together for dinner, they discuss art.
When artists get together for dinner, they discuss money.

attributed to Oscar Wilde – Irish writer (1854-1900), Quotations book 2017

Innovation

Innovation is the only way to win.

Business motivation, often attributed to Steve Jobs – American company founder, Apple (1955-2011), Quotations book 2017

Innovative

Be innovative.
Listen to your customers.
Always extend your knowledge.

Johann Vaillant – German entrepreneur, founder of the Vaillant family enterprise (1851-1920), Quotations book 2017