There Is Slow Growth, But It Is

Watch Out For People Who Think It's Embarrassing Not To Know.

A Beautiful Deleveraging Balances The Three Options. In Other Words, There Is A Certain Amount Of Austerity, There Is A Certain Amount Of Debt Restructuring, And There Is A Certain Amount Of Printing Of Money. When Done In The Right Mix, It Isn't Dramatic.

More Than Anything Else, What Differentiates People Who Live Up To Their Potential From Those Who Don't Is A Willingness To Look At Themselves And Others Objectively

I've Learned That Each Mistake Was Probably A Reflection Of Something That I Was (or Others Were) Doing Wrong, So If I Could Figure Out What That Was, I Could Learn How To Be More Effective.

The Biggest Mistake Investors Make Is To Believe That What Happened In The Recent Past Is Likely To Persist. They Assume That Something That Was A Good Investment In The Recent Past Is Still A Good Investment. Typically, High Past Returns Simply Imply That An Asset Has Become More Expensive And Is A Poorer, Not Better, Investment.