Nothing is illegal so long as you correct it before the SEC catches it.

That’s the problem with any ‘simple truth’—it always takes a gaggle of complete idiots or a team of all-knowing geniuses to miss it.

Never lose time in sending the scapegoat to the slaughterhouse.

You know what—gyms make the largest chunk of their profit from clients who pay their monthly dues on auto-pay but never bother to show up and use the gym. The DVD-rental companies make a good chunk of their profits from late fees; the credit-card companies make a fortune on sundry fines and penalties; the airlines’ margins are highest on ticket changes and cancellations… So, the key to running a successful business in America is to sign up a customer and pray he’ll somehow screw up…