Just finished my summer holidays. This year i spent all my time in the mountains (Estrela and Minho/Gerês) with my kids. In the Mountains everything is cheap, there is no fog in the morning and almost no wind! It's different from the beach. All the nights are warm and we can look at the stars because there is almost no light. The rivers where we swim were so clean and cold that we could drink the water where we were swimming. Beautiful places but very difficult to make money there. Unfortunately it's impossible to make a living there. One must work in a big city to make money and eventually take some time off to spend there. (i guess the winters should be difficult ....).
My 2 Boys, (Manuel and Vasco) in the highest mountain in Portugal, a bull in Gerês and me and my bike.
Not everybody believes in this and are in business with nothing to offer! Some companies have an average product, with average marketing and average service. When there is excess demand even these people can survive. On Valentine's day every restaurant even the lousy ones are fully booked! Why? because on Valentine's day there is clearly excess demand for seats.
However in all the world there is excess supply of almost everything. So you have to have something to be able to survive. You have to have a difference, you have to know something, to claim some benefit difficult to copy, etc....
Nothing is Nothing.
The county’s district attorney, a fifty-seven-year-old woman with feathered Charlie’s Angels hair named Lynda K. Russell, arrived an hour later. Russell, who moonlighted locally as a country singer, told Henderson and Boatright that they had two options. They could face felony charges for “money laundering” and “child endangerment,” in which case they would go to jail and their children would be handed over to foster care. Or they could sign over their cash to the city of Tenaha, and get back on the road. “No criminal charges shall be filed,” a waiver she drafted read, “and our children shall not be turned over to CPS,” or Child Protective Services.
Well no surprise here, in Europe is the same, almost everything you do is a crime. Therefore you are a criminal! therefore the cops offer you a bargain, either you pay and go free or.....
I guess Ayn Rand Altas Shrugged predicted almost everything we are getting in....
Not yet back to the Caves but...
If you want to make money study History & Philosophy instead of an MBA
minute 25
I can relate to this, an MBA has almost no value these days because in the USA there are 200,000 new MBA every year. Just looking at supply & demand the value of an MBA is going down. If you can get into Harvard i think is worth the money not because of what you learn but because of who you get to know. If you want to really improve and get a world view and to be able to figure out how to navigate this world i think History & Philosophy are good bets. Jim Rogers is right.
- People who reach the top of the tree are only those who
haven't got the qualifications to detain them at the bottom.
- Peter UstinovEnglish actor
& author (1921 - 2004)
In China GDP is growing strongly in America GDP is almost stalled.
However S&P is doing very well but Shanghai Composite is a disaster!
why is this? I guess Globalization/internet/savvy clients/etc.... is very good for the biggest companies. If you put everybody competing on the same footing the biggest and best companies will get bigger.
And America has the biggest companies.
Bigger get Bigger is the key phrase these days
