“Without the grocer’s greed, you’d be scratching for tunips in your backyard. Without your landlord’s greed, you’d be living in a tree house somewhere. And without your employer’s greed, you wouldn’t have a job. The beauty of markets is that they harness individuals’ greed and make it service other people’s desires”
“Reading and thinking. The beauty of doing it, is that if you’re good at it, you don’t have to do much else" Charlie Munger. "La cantidad de energía necesaria para refutar una gilipollez es un orden de magnitud mayor que para producirla" Paul Kedrosky «Nulla dies sine linea» Antonio Guarino. "Reading won't be obsolete till writing is, and writing won't be obsolete till thinking is" Paul Graham.
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sábado, 15 de septiembre de 2012
Profit motive is the most reliable way to make sure your needs get met
Parafraseando a Adam Smith, Leeson (The Invisible Hook, p 178) dice
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