The ability to deal
with people is as purchasable a commodity as sugar or coffee and I will pay
more for that ability than for any other under the sun.
From Lucy Kellway, FT- The ability to remember people strikes me as a bigger asset than emotional intelligence at work. Most of us don’t especially want empathy in the office, but everyone wants to be remembered. The more someone is able to recall chapter and verse of all small talk exchanged at previous meetings, the more you are inclined to like and trust them. It is not just a skill for politicians: it’s for everyone.
One day, probably very soon, wearable technology will do the job for us by recognising faces and connecting them to a database of trivia. But by then it will be worthless. The reason we want people to remember us is because it is so hard to do so.
http://www.ft.com/intl/cms/s/0/0416a3f4-c74f-11e4-9e34-00144feab7de.html#axzz3WXhDfBBN
Everything else you can look at Google and your Outlook/Agenda, you don't need to remember almost nothing you can check when you need. I only remember my mother Cell number it's the only thing i still recall!
But as Lucy Kellaway says to recall people and be nice is very very important these days and one cannot replace that with a computer. When i see someone i know if we met before, sometimes i don't recall the name asap and that is a shame. I don't ever forget a face and that is very good.
I would like to have a trick to recall names.
Be nice or be fired!
The fact that many investors don't touch Tobacco, Defense, beverage & Gaming makes this industries cheaper and as a consequence the return on investing in them is much bigger than in the normal market.
My take is that when your client is addicted you can charge more and that is the main reason for the big return these industries show.
A great leader takes his or her society from where it is to where it has never been — indeed, where it as yet cannot imagine being. By insisting on quality education, by suppressing corruption and by basing governance on merit, Lee and his colleagues raised the annual per capita income of their population from $500 at the time of independence in 1965 to roughly $55,000 today. In a generation, Singapore became an international financial center, the leading intellectual metropolis of Southeast Asia, the location of the region’s major hospitals and a favored site for conferences on international affairs. It did so by adhering to an extraordinary pragmatism: by opening careers to the best talents and encouraging them to adopt the best practices from all over the world.
By Henry A. Kissinger March 23
Henry A. Kissinger was secretary of state from 1973 to 1977.
Democracy... while it lasts is more bloody than either aristocracy or monarchy. Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There is never a democracy that did not commit suicide.
A teacher should have the aim to raise the average level of the class. To improve them on average that should be the main objective. However sometimes the teacher wants to
level everyone
spend more time with the weaker students
move slow because some students are not up to it
make everybody study even if they are more suited to arts or to a technical job
and the class stops progressing.
The Government these days are worried about the distribution of income and twists and turns the economy with taxes & stupid rules to ensure that no one stays behind. The Government in my country charges 55% Income tax (Marginal above 50,000 euros) , 24% vat, tobacco, car, and many other taxes including a Property tax. The country is big time indebted.
Portugal doesn't grow for 15 years since the year 2000.
Yes income distribution (after taxes) is better because everybody is lower and the middle class has been killed.
If income compression is a Goal Portugal is doing a good job, kill the rich and everybody levels off at a lower level.
“Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.”
― Ronald Reagan
(Bloomberg) -- Billionaire investor Charles Munger faulted Greek citizens for their notion that you can “vote yourselves rich.”
“It’s an idiotic idea,” Munger, 91, said Wednesday during the annual meeting for Daily Journal Corp., a Los Angeles-based newspaper publisher where he serves as chairman.
Munger, better known as the vice chairman at Warren Buffett’s Berkshire Hathaway Inc., has long been critical of Greece, saying in 2011 that the bailed-out nation has been hobbled by insufficient contributions from its citizens. Greek politics were shaken up in January when Alexis Tsipras’s Syriza party was voted in on a pledge to ease austerity and negotiate a writedown of some of the country’s debt.
“The Greek solution is idiocy,” Munger said Wednesday. “If we’re going to prosper, we have to work.”
9:01PM BST 31 Mar 2015
Warren Buffett, the billionaire chief executive and chairman of Berkshire Hathaway, has said a Greek exit from the eurozone could be constructive for the region.
"If it turns out the Greeks leave, that may not be a bad thing for the euro," Mr Buffett told CNBC. He said that member countries could come to better agreements about fiscal policy if Greece left the single currency.
"If everybody learns that the rules mean something and if they come to general agreement about fiscal policy among members or something of the sort, they mean business, that could be a good thing," Mr Buffett said.
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From Quartz- Decades-old quotas limiting
milk production will be lifted, opening up the market for export to countries like China. Ireland is set to
produce 50% more milk by the end of the decade. The Netherlands and Germany are
also increasing production by 20%.
With global production rising and energy use subdued, worldwide production of crude oil is now exceeding demand by about 1.5 million barrels per day compared with consumption of 93 million.
A Gary Shilling Insight, April 2015
The production of too many useful things results in too many useless people
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