69 Quotes About Wall-street-journal

Security doesn't rob ambition; the illusion of security robs ambition.

Disruption causes vast sums of money to flow from existing businesses and business models to new entrants.

Minimalism is a way of living at the maximum of your potential.

Nearly every time I strayed from the herd, I've made a lot of money. Wandering away from the action is the way to find the new action.

Word of the day- kakistocracy. From the Greek meaning government by the worst persons, least qualified or most unprincipled.

Many people imagine that banks lend borrowers the cash parked with them by savers and, since savers don’t need constant access to all their funds, banks can make loans equivalent to many times the money they have on deposit.In fact, whenever a bank makes a loan and credits the borrower’s account with the funds, it creates new money electronically with a couple of keyboard taps—or in previous decades by the stroke of a banker’s pen.