We live on a finite planet. We have finite resources, and we're running out of good, arable land.
Jeremy GranthamRead
The individual is far better-positioned to wait patiently for the right pitch while paying no regard to what others are doing, which is almost impossible for professionals.
Interpretation
Focusing on personal goals can lead to better decision-making than trying to follow the crowd.
This quote emphasizes the importance of individual focus and patience in achieving success. It suggests that while professionals may feel pressured to conform to the actions of their peers, individuals who concentrate on their own goals and wait for the optimal opportunities will likely find greater success in the long run.
In practice
In a motivational speech about pursuing personal dreams.
We live on a finite planet. We have finite resources, and we're running out of good, arable land.
When it comes to portfolios, my personal advice is for anyone who can, put money into forestry or farmland. Long term, you would probably never come near their returns in the stock market. In the world that I see, land is golden.
The market is incredibly inefficient and capable on rare occasions of being utterly dysfunctional. And people have a really hard time getting their brain around that fact. They want to believe that it's approximately efficient almost all the time, and it simply isn't true.
There is no single theory that is used in economics that considers the finite nature of resources. It's shocking.
Having a great idea for a product is important, but having a great idea for product distribution is even more important.
I just do what I got to do and go out and be myself, on and off the court, and take care of my obligations. That's generally your own destiny-knowing what you have to take care of.
It's not how many hours you put in with a client or on a project. It's the quantity and quality of your energy - your focus and force - that determine whether that time is valuable.
Nothing can substitute for just plain hard work
My career was exploding at the same time that social media itself was expanding. But when my online videos were taking off, I didn't think, 'Oh, great! I'm going to be able to parlay this into a career!' I just wanted to be a comedian. I just wanted to perform live.
I can understand wanting to have a million dollars but once you get beyond that, I have to tell you, it's the same hamburger.
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