“A small team, committed to a cause bigger than themselves, can achieve absolutely anything.”
—Simon Sinek.
thought for today
Anne Lamott: Joy
“Joy is the best makeup.”
-Anne Lamott.
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William Booth: So incorrigibly lazy
“There are men so incorrigibly lazy that no inducement that you can offer will tempt them to work, so eaten up by vice that virtue is abhorrent to them, and so inveterably dishonest that theft is to them a master passion.”
—William Booth.
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Benjamin Franklin: All born ignorant
“We are all born ignorant, but one must work hard to remain stupid. “
—Benjamin Franklin.
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Charlie Munger: Worldly business
“In a world where you sometimes have to amputate a limb to stay alive, you can’t expect that every business can stay exactly as it is.”
––Charlie Munger.
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Warren Buffett: Close down whole plants
“Yeah, some are doing that, where you give up hours. But a lot of operations don’t lend themselves to that very well, either. So…in other cases, you basically have to close down whole plants. That’s just the nature of it. You really can’t operate every plant at 50 percent and have it work as effectively as shutting down the least-productive plants.”
—Warren Buffett.
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Charlie Munger: Shared-hardship model
“Some of our businesses have a shared-hardship model, where they don’t layoff, at least not yet. And the businesses with that model tend to be very strongly placed economically. So I guess it shows that Benjamin Franklin was right, when he said, ‘It’s hard for an empty sack to stand upright.’ So we’re all over the map on that, and so is all of industry. But I do think an ideal model would be a business so strong that it could operate in the shared-hardship mode instead of the layoffs.”
––Charlie Munger.
