Posts Tagged ‘reputation’

Begin

Posted: November 1, 2018 in Thought for the Day
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“Begin somewhere; you cannot build a reputation on what you intend to do.” -Liz Smith

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“In her magical mystery world at the Eccles Building (Fed HQ) Janet Yellen surveys all of this.  She has never run a business.  She has never even had a job in a profit-making business…..  Bernanke, in his new book, The Courage to Act, tells us that he ‘did not want to be remembered as the person whose decisions had led to the Fed’s destruction.’  That’s right: The biggest challenge hits the Fed in 80 years and Mr. Bernanke is worried about his own reputation!” -Bill Bonner

Perhaps this is the biggest problem with many of our institutions and politics.  We have leaders with no experience in the real world and care more about their reputation than doing what needs to done.

Good Intentions

Posted: September 28, 2015 in Thought for the Day
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“Begin somewhere; you cannot build a reputation on what you intend to do.” -Liz Smith

Foolish Money

Posted: October 1, 2013 in Money Matters
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“All the money in the world is no use to a man or his country if he spends it as fast as he makes it.  All he has left is his bills and the reputation for being a fool.” –Rudyard Kipling

“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” – Warren Buffett