Posts Tagged ‘requires’

Think Clear

Posted: December 11, 2019 in Thought for the Day
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“Clear thinking requires courage rather than intelligence.” -Thomas Szasz

“Continuous Improvement requires change.” -Bonnie Davis

“‘Switching teams’ requires two things: 1) admitting you are wrong, and then 2) wholeheartedly embracing the new ‘correct’ thinking…. Switching teams requires a unique combination of humility and (oddly enough) confidence.

So my personal differentiator between ‘smart’ and ‘truly brilliant’ is simple: It’s how quickly you are willing to switch teams when you are proven wrong….

Changing your mind isn’t a loss… In fact, it can make you that much better and more effective at what you do. But it takes both guts and wisdom to understand that.” -Steve Sjuggerud

“You’ll never guess what’s leading consumer debt higher now, at this stage in the cycle… mortgages… specifically, a new type of Fannie and Freddie mortgage product. It’s called ‘The Conventional 97’. It only requires a 3% down payment.

What’s ‘conventional’ about this kind of loan? Nothing, of course. No private lender would ever make a loan like this where the lender is taking all of the risk.” -Porter Stansberry