Never Say Anything About A Person You

There Are Two Main Drivers Of Asset Class Returns - Inflation And Growth.

The Meaningful Work And The Meaningful Relationships Are, To Me, Comparable Rewards. I Think Being On A Mission To Do Something Great Is Great, And To Be On That Mission With People Who You Have Really Meaningful Relationships With Not Only Provides Both Types Of Rewards, But It's Mutually Supportive. Because You Can Have Tough Love, But There's Also The Love Part Of That In Terms Of The Caring For Each Other, And When You Have The Caring You Can Be Tougher On Each Other. Some People Describe It As An Intellectual Navy Seals.

The World Is Still In Deleveraging.

There Is Slow Growth, But It Is Positive Slow Growth. At The Same Time, Ratios Of Debt-to-incomes Go Down. That's A Beautiful Deleveraging.

For Every Mistake That You Learn From You Will Save Thousands Of Similar Mistakes In The Future, So If You Treat Mistakes As Learning Opportunities That Yield Rapid Improvements You Should Be Excited By Them. But If You Treat Them As Bad Things, You Will Make Yourself And Others Miserable, And You Won't Grow.