Fully Invested Quotes

I also like to escape inside their world, tucked behind their colorful spines. It forces me to fully invest my mind into what I'm doing, not just my ears or my eyes.

Each of us should have a financial identity. One that is distinct and separate from our spouse's or parents'. If you find yourself always wondering what your friends or parents think about the way you spend or invest, then its an indication that you haven't fully figured out your financial identity.

A great deal of tenderness, but it was the tenderness of a hospice nurse - of one committed to caring but too familiar with pain and parting to every truly or fully invest.

Women love with all themselves. They love in a trusting way that's fully invested. They put it all on the line.

Only in the heart of quickest perils; only when within the eddyings of his angry flukes; only on the profound unbounded sea, can the fully invested whale be truly and livingly found out.

My father who got cages instead of compassion. My father whose whole story no one of us will ever know. What did it do to him, all those years locked away, all that time in chains, all those days upon days without human touch except touch meant to harm - hand behind your back, N****r. Get on the fucking wall, N****r! Lift your sac, N****r. Don't look at me like that or I will f*****g kill your Black ass. It would be easy to speculate about the impact of years of cocaine use on my father's heart, but I suspect that it will tell us less than if we could measure the cumulative effects of hatred, racism and indignity. What is the impact of years of strip searches, of being bent over, the years before that when you were a child and knew that no dream you had for yourself was taken seriously by anyone, that you were not someone who would be fully invested in by a nation that treated you as expendable?

What’s the return on investment of college? What’s the return on investment of having children, spending time with friends, listening to music, reading a book? The things that are most worth doing are worth doing for their own sake. Anyone who tells you that the sole purpose of education is the acquisition of negotiable skills is attempting to reduce you to a productive employee at work, a gullible consumer in the market, and a docile subject of the state. What’s at stake, when we ask what college is for, is nothing less than our ability to remain fully human.

The assault on education began more than a century ago by industrialists and capitalists such as Andrew Carnegie. In 1891, Carnegie congratulated the graduates of the Pierce College of Business for being “fully occupied in obtaining a knowledge of shorthand and typewriting” rather than wasting time “upon dead languages.” The industrialist Richard Teller Crane was even more pointed in his 1911 dismissal of what humanists call the “life of the mind.” No one who has “a taste for literature has a right to be happy” because “the only men entitled to happiness… is those who are useful.” The arrival of industrialists on university boards of trustees began as early as the 1870s and the University of Pennsylvania’s Wharton School of Business offered the first academic credential in business administration in 1881. The capitalists, from the start, complained that universities were unprofitable. These early twentieth century capitalists, like heads of investment houses and hedge-fund managers, were, as Donoghue writes “motivated by an ethically based anti-intellectualism that transcended interest in the financial bottom line. Their distrust of the ideal of intellectual inquiry for its own sake, led them to insist that if universities were to be preserved at all, they must operate on a different set of principles from those governing the liberal arts.

I thought I had loved someone once, but if this is what it's supposed to feel like, now I know my heart was never fully invested before. I loved the idea of the life I thought I was going to have, but with Indy, even if we spend the rest of our days just the two of us in this apartment, I'd die a happy man with an abundantly fulfilled life.

The problem is that the choice we make in the market don't fully reflect our values as citizens. We might make different choices if we understood the social consequences of our purchases or investments and if we knew all other consumers and investors would join us in forbearing from certain great deals whose social consequence were abhorrent to us.

your level of engagement and enthusiasm will skyrocket when you decide to participate only in projects you can be fully invested in and be a part of from beginning to end.

They knew we cared about them individually. I believe that gave them an even greater ability to care about each other—to be fully invested as teammates.

Because we imagine that we are what humanity was divinely destined to become, we assume that our prehistoric ancestors were trying to be us, but just lacked the tools and techniques to succeed. We invest our ancestors with our own predelictions in what seem to us primitive and unevolved forms. As an example of all this, we take it for granted that our religions represent humanity's ultimate and highest spiritual development and expect to find among our ancestors only crude, fumbling harbingers of these religions. We certainly don't expect to find robust, fully developed religions whose expressions are entirely different from ours.

No. Only in the heart of quickest perils; only when within the eddyings of his angry flukes; only on the profound unbounded sea, can the fully invested whale be truly and livingly found out.

How vain and foolish, then, thought I, for timid untravelled man to try to comprehend aright this wondrous whale, by merely poring over his dead attenuated skeleton, stretched in this peaceful wood. No. Only in the heart of quickest perils; only when within the eddyings of his angry flukes; only on the profound unbounded sea, can the fully invested whale be truly and livingly found out.

Empowered Women 101: If he can't tell other women that he is happily married and acts in a way that suggests he isn't fully committed then he isn't happy. He is keeping his foot in the door for a better opportunity should it not work out with you. Real women don't need to investigate. They invest in their self confidence and worth by not allowing their man to disrespect them. They are not afraid to ask themselves the tough questions: Why am I letting this man humiliate me and value me less than others? Why have I allowed myself to become a doormat?

Finding ways to protect yourself and promote your own well-being is the most basic investment you can make. [...] The foundation of your investment, the key to transforming your professional life, is mindfulness. Mindfulness is the energy of attention. It is the capacity in each of us to be present one hundred percent to what is happening within and around us. It is the miracle that allows us to become fully alive in each moment. [...] The fruit of mindfulness practice is the realization that peace and joy are available within us and around us, right here and right now.

It would be easy to speculate about the impact of years of cocaine use on my father's heart, but I suspect that it will tell us less than if we could measure the cumulative effects of hatred, racism and indignity. What is the impact of years of strip searches, of being bent over, the years before that when you were a child and knew that no dream you had for yourself was taken seriously by anyone, that you were not someone who would be fully invested in by a nation that treated you as expendable?

Baby Steps: Step 1: $1,000 in an emergency fund. Step 2: Pay off all debt except the house utilizing the debt snowball. Step 3: Three to six months of savings in a fully-funded emergency fund. Step 4: Invest 15% of your household income into Roth IRAs and pre-tax retirement plans. Step 5: College Funding (i.e. 529 plan). Step 6: Pay off your home early. Step 7: Build wealth and give.

Everyone needs peace of mind, inner-happiness and joyful relationships but most people don't prioritize these. Do you set goals or invest in learning to achieve these? If you focus only on career, social and financial goals then you will never be fulfilled or fully successful!

If you are not receiving or making at least one introduction a month, you are probably not fully engaging your extended professional network.

Why say "yes"? "Yes" means opportunity. "Yes" makes the dots in your life appear. And if you're willing and open, you can connect these dots. You don't know where these dots are going to lead, and if you don't invest yourself fully, the dots won't connect. The lives you make with those dots always lead to interesting places. "No" closes doors. "Yes" kicks them wide open.....As long as you're able to say "yes", the opportunities keep coming, and with them, the adventures. Say "no" to fear and complacency. Keep saying "yes" and the journey will continue.

While walking, for example, if we are talking or thinking at the same time, we get caught up in the conversation or thoughts we’re having and get lost in the past or the future, our worries or our projects. People can easily spend their entire lives doing just that. What a tragic waste! Let us instead really live these moments that are given to us. In order to be able to live our life, we have to stop that radio inside, turn off our internal discourse. How can we enjoy our steps if our attention is given over to all that mental chatter? It’s important to become aware of what we feel, not just what we think. When we touch the ground with our foot, we should be able to feel our foot making contact with the ground. When we do this, we can feel a lot of joy in just being able to walk. When we walk, we can invest all our body and mind into our steps and be fully concentrated in each precious moment of life. In focusing on that contact with the earth, we stop being dragged around by our thoughts and begin to experience our body and our environment in a wholly different way. Our body is a wonder! Its functioning is the result of millions of processes. We can fully appreciate this only if we stop our constant thinking and have enough mindfulness and concentration to be in touch with the wonders of our body, the Earth, and the sky.

Schools don’t teach people to reason thoroughly; they select the applicants with higher IQs, and people with higher IQs are able to generate more reasons. The findings get more disturbing. Perkins found that IQ was by far the biggest predictor of how well people argued, but it predicted only the number of my-side arguments. Smart people make really good lawyers and press secretaries, but they are no better than others at finding reasons on the other side. Perkins concluded that “people invest their IQ in buttressing their own case rather than in exploring the entire issue more fully and evenhandedly.”22

Without energy being invested in resisting the unwanted or dueling with fears, we have more energy and attention available for noticing not only the disturbing, but the wonderful...When we are not fixated on threat and defending ourselves, when we're not exhausted and burned out from chronic stress, we are able to see the daily evidence that we are in the midst of a mind-blowing miracle called Life....Then we will experience breathtaking, heart-rippling moments that counterbalance every trial and tribulation. When we're fully conscious of the universe's artistry and generosity, who needs psychodelics or Prozac?

majestic, but boneless flukes, an utter blank! How vain and foolish, then, thought I, for timid untravelled man to try to comprehend aright this wondrous whale, by merely poring over his dead attenuated skeleton, stretched in this peaceful wood. No. Only in the heart of quickest perils; only when within the eddyings of his angry flukes; only on the profound unbounded sea, can the fully invested whale be truly and livingly found out.

Individual transformation is the more popular conversation, and the choice not to focus on it [in this book] is because we have already learned that the transformation of large numbers of individuals does not result in the transformation of communities. If we continue to invest in individuals as the primary target of change, we will spend our primary energy on this and never fully invest in communities. In this way, individual transformation comes at the cost of community.

The sociopaths’ goal is to wring every last dollar from the system, and any investment that could not be fully realized within Boomer lifetimes was to be avoided. Therefore, the nation’s infrastructure, built by the Boomers’ parents and once the world’s finest, was allowed to decay. Henceforth, state-sponsored research would be radically curtailed. Higher education was neglected; the Boomers had their cost-free diplomas in hand, so meaningful reform and costly subsidies were no longer relevant.

Being Tully’s sister required a very specific skill set. You had to be an animated conversationalist (Tully was easily bored) but also a calming influence. You had to be fully invested in whatever she was talking about but be prepared for the fact that Tully would lose interest five minutes later. You had to love her with your whole heart but do so from arm’s length. Getting close to her was like trying to get close to a helicopter—you always ended up windswept and breathless…and occasionally you lost your head.

What will matter later in life is what you initiate today — striking up a conversation that leads to a new friendship, sharing an idea with someone at work that turns into a new product or offering, or investing in another person’s growth and watching her succeed over the years.

The Social Security system is a $75 trillion problem. Again, just to give you a sense of scale: Let’s say you started a business the day Jesus Christ was born. Let’s say you weren’t exactly a good businessman, and your business lost a million dollars every day—right through yesterday. How much longer would it take before your losses added up to $1 trillion? About 718 more years should do it, give or take a few months. And that’s just one trillion. Multiply that by seventy-five, and you have the size of the Social Security problem. That’s the amount it would take to fully fund Social Security for all current workers and retirees. To realize the magnitude of the problem we’re facing, consider the fact that the total of all wealth in America is about $60 trillion. We could confiscate every item of value from every American household, including cash and investments, and apply the value to the problem—and still not have enough money to fund Social Security fully.

How do you make a profound and heartfelt anti-capitalist work of art, for example, if you've spent the previous evening at a swanky museum dinner sitting next to the head of some investment bank, who also happens to be one of your major collectors/clients? Or how do you make a work about the environment when your own carbon footprint is far larger than most? Can it be possible to produce a painting or sculpture that seeks to illuminate an unfairness in a society from which you are so obviously benefiting? And how do you go about criticizing the establishment, when you are a fully signed-up member of its inner circle? The answer is, you don't.

To fully answer this question, I first need to help you understand the difference between investing (wealth building) and speculating (gambling). Investing is a long-term process with a very high probability of success. Speculating is usually a shorter-term decision in which you are hoping to hit the big one or the long shot.

All these “ifs” fill our minds with anxious thoughts and make us wonder constantly what to do and what to say in case something should happen in the future. Much, if not most, of our suffering is connected with these preoccupations. Possible career changes, possible family conflicts, possible illnesses, possible disasters, and a possible nuclear holocaust make us anxious, fearful, suspicious, greedy, nervous, and morose. They prevent us from feeling a real inner freedom. Since we are always preparing for eventualities, we seldom fully trust the moment. It is no exaggeration to say that much human energy is invested in these fearful preoccupations.

When the game is no longer being played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, etc. I have been scornful of such behavior by others in the past. I have also seen the penalties incurred by those who evaluate conditions as they were – not as they are. Essentially I am out of step with present conditions. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully and which, possibly, could lead to a substantial permanent loss of capital.6

...if he insists on a version of you that is funnier, stranger, more eccentric and profound than you suspect yourself to be - capable of doing more good and more harm in the world than you've ever imagined - it is all but impossible not to believe, at least in his presence and for a while after you've left him, that he alone sees through to your essence, weighs your true qualities and appreciates you more fully than anyone else ever has. It is only after knowing him some time that you begin to realize that you are, to him, an essentially fictional character, one he has invested with nearly limitless capacities for tragedy and comedy not because that is your true nature but because he needs to live in a world propelled by extreme and commanding figures.

There is a vast difference between being a Christian and being a disciple. The difference is commitment. Motivation and discipline will not ultimately occur through listening to sermons, sitting in a class, participating in a fellowship group, attending a study group in the workplace or being a member of a small group, but rather in the context of highly accountable, relationally transparent, truth-centered, small discipleship units. There are twin prerequisites for following Christ - cost and commitment, neither of which can occur in the anonymity of the masses. Disciples cannot be mass produced. We cannot drop people into a program and see disciples emerge at the end of the production line. It takes time to make disciples. It takes individual personal attention. Discipleship training is not about information transfer, from head to head, but imitation, life to life. You can ultimately learn and develop only by doing. The effectiveness of one's ministry is to be measured by how well it flourishes after one's departure. Discipling is an intentional relationship in which we walk alongside other disciples in order to encourage, equip, and challenge one another in love to grow toward maturity in Christ. This includes equipping the disciple to teach others as well. If there are no explicit, mutually agreed upon commitments, then the group leader is left without any basis to hold people accountable. Without a covenant, all leaders possess is their subjective understanding of what is entailed in the relationship. Every believer or inquirer must be given the opportunity to be invited into a relationship of intimate trust that provides the opportunity to explore and apply God's Word within a setting of relational motivation, and finally, make a sober commitment to a covenant of accountability. Reviewing the covenant is part of the initial invitation to the journey together. It is a sobering moment to examine whether one has the time, the energy and the commitment to do what is necessary to engage in a discipleship relationship. Invest in a relationship with two others for give or take a year. Then multiply. Each person invites two others for the next leg of the journey and does it all again. Same content, different relationships. The invitation to discipleship should be preceded by a period of prayerful discernment. It is vital to have a settled conviction that the Lord is drawing us to those to whom we are issuing this invitation. . If you are going to invest a year or more of your time with two others with the intent of multiplying, whom you invite is of paramount importance. You want to raise the question implicitly: Are you ready to consider serious change in any area of your life? From the outset you are raising the bar and calling a person to step up to it. Do not seek or allow an immediate response to the invitation to join a triad. You want the person to consider the time commitment in light of the larger configuration of life's responsibilities and to make the adjustments in schedule, if necessary, to make this relationship work. Intentionally growing people takes time. Do you want to measure your ministry by the number of sermons preached, worship services designed, homes visited, hospital calls made, counseling sessions held, or the number of self-initiating, reproducing, fully devoted followers of Jesus? When we get to the shore's edge and know that there is a boat there waiting to take us to the other side to be with Jesus, all that will truly matter is the names of family, friends and others who are self initiating, reproducing, fully devoted followers of Jesus because we made it the priority of our lives to walk with them toward maturity in Christ. There is no better eternal investment or legacy to leave behind.

Invest the time to connect deeply with yourself and find out what you really want. The answer to the question “What do I really want?” may change at different times in your life, but the key is to answer it as fully and as authentically as you can for this moment, right now. No one else can define what your life’s desires are, so you must be willing to question yourself rigorously and deeply.

Establishing and maintaining an unconventional investment profile requires acceptance of uncomfortably idiosyncratic portfolios, which frequently appear downright imprudent in the eyes of conventional wisdom. Unless institutions maintain contrarian positions through difficult times, the resulting damage of buying high and selling low imposes severe financial and reputational costs on the institution.

most important distinction in the investment world does not separate individuals and institutions; the most important distinction divides those investors with the ability to make high quality active management decisions from those investors without active management expertise. Few institutions and even fewer individuals exhibit the ability and commit the resources to produce risk-adjusted excess returns.

For people to be fully committed, they should be properly compensated. Whenever an entrepreneur asks me to invest in his company, I ask him how much he intends to pay himself. A company does better the less it pays the CEO—that’s one of the single clearest patterns I’ve noticed from investing in hundreds of startups. In no case should a CEO of an early-stage, venture-backed startup receive more than $150,000 per year in salary. It

The findings get more disturbing. Perkins found that IQ was by far the biggest predictor of how well people argued, but it predicted only the number of my-side arguments. Smart people make really good lawyers and press secretaries, but they are no better than others at finding reasons on the other side. Perkins concluded that “people invest their IQ in buttressing their own case rather than in exploring the entire issue more fully and evenhandedly.

Not only does romance transform love into an investment, but it plays a crucial role in the development of capitalism by suggesting to consumers that they can find the perfect commodity, the commodity that will create wholeness for them. Every act of consumption has its basis in an attempt to access the lost object, to find the perfect commodity that would provide an ultimate and lasting satisfaction. Although this fantasy underlies every purchase of a commodity, with most commodities we see easily through the illusion. Very few buy a roll of toilet paper thinking that they’ve found their lost object once and for all. With a Twinkie, the fantasy becomes more tenable. But with a romantic object, one can fully invest oneself in the promise of the object. Romance immerses subjects in the capitalist fantasy of the perfectly satisfying commodity, and this commodity has a precise name—the soul mate.

Player investment design lead' is a role that every single collaborative project or crowd initiative should fill in the future. When the game is intrinsically rewarding to play, you don't have to pay people to participate - with real currency, virtual currency, or any other kind of scarce reward. Participation is its own reward, when the player is properly invested in his or her progress, in exploring the world fully, and in the community's success.

I don’t believe in miracles. Everything that happens, happens for a reason.” Kai turned to face me fully. “That list of names I gave you? Those are some of the sharpest people in business. They believed in you enough to invest their time, money, and resources into the club, and they wouldn’t have done that if they didn’t think you were capable of pulling it off. So stop using your martyr act as an excuse and figure out how to finish what you started.

But for those whose life is far removed from all business it must be amply long. None of it is frittered away, none of it scattered here and there, none of it committed to fortune, none of it lost through carelessness, none of it wasted on largesse, none of it superfluous: the whole of it, so to speak, is well invested. So, however short, it is fully sufficient, and therefore whenever his last day comes, the wise man will not hesitate to meet death with a firm step.

By faith alone can we become righteous, for faith invests us with the sinlessness of Christ. The more fully we believe this, the fuller will be our joy. If you believe that sin, death, and the curse are void, why, they are null, zero. Whenever sin and death make you nervous write it down as an illusion of the devil. There is no sin now, no curse, no death, no devil because Christ has done away with them. This fact is sure. There is nothing wrong with the fact. The defect lies in our lack of faith.

In common parlance, “fool” and “sage” appear to be opposites, one connoting ignorance and the other wisdom. At their depths, however, both exhibit a nonattachment to form or outcome. The Sacred Fool acts from what often seems to be innocence, insanity, or lampoonery but is no less wise for it. We think of a Sage, in contrast, as strictly sober; but because she doesn’t strive and doesn’t seek positions of elected or hired leadership, the true Sage has neither investment in sobriety nor compulsion to comply with rules. The Sacred Fool dimension of our own psyches merges the innocence of the child and the wisdom of the elder. Both draw on the capacity to perceive simply and purely, to be fully present to the moment and to all things existing and happening within it. The Sacred Fool — in others or in ourselves — helps us grasp the big picture by poking fun at himself (and, in so doing, at all of us) or by making fun of us directly. He also might respond to our solemn questions and conceptions with perspectives that reject or reframe our most cherished assumptions.

You didn’t warn us about this, Readier,’ said Stowley resentfully. Gilt waved his hands. ‘We must speculate to accumulate!’ he said. ‘The Post Office? Trickery and sleight of hand. Oh, von Lipwig is an ideas man, but that’s all he is. He’s made a splash, but he’s not got the stamina for the long haul. Yet as it turns out he will do us a favour. Perhaps we have been . . . a little smug, a little lax, but we have learned our lesson! Spurred by the competition we are investing several hundred thousand dollars—’ ‘Several hundred?’ said Greenyham. Gilt waved him into silence, and continued: ‘—several hundred thousand dollars in a challenging, relevant and exciting systemic overhaul of our entire organization, focusing on our core competencies while maintaining full and listening co-operation with the communities we are proud to serve. We fully realize that our energetic attempts to mobilize the flawed infrastructure we inherited have been less than totally satisfactory, and hope and trust that our valued and loyal customers will bear with us in the coming months as we interact synergistically with change management in our striving for excellence. That is our mission.’ An awed silence followed.

You need to get a job, but you also need to get a life. What’s the return on investment of college? What’s the return on investment of having children, spending time with friends, listening to music, reading a book? The things that are most worth doing are worth doing for their own sake. Anyone who tells you that the sole purpose of education is the acquisition of negotiable skills is attempting to reduce you to a productive employee at work, a gullible consumer in the market, and a docile subject of the state. What’s at stake, when we ask what college is for, is nothing less than our ability to remain fully human.

flat where I reside, plus many bonds, I have lost count of them. I have invested extensively in a number of ventures.” It was all true, even an understatement. He was as wealthy as any of Beaulieu’s friends. Perhaps not so wealthy as Beaulieu himself, though he was not fully aware of the man’s finances, but wealthy enough to dine in the same establishments he did, join the same gentlemen’s clubs, obtain invitations to the same parties. He’d soared to rare heights without the benefit of family or friends. How he’d managed this in ten scant years was explained rather easily. Hector had been possessed. He’d felt it necessary

And within two weeks, Peter Foo was already proven right. Business for the firm expanded in leaps & bounds as both old & new clients wanted to meet the lovely slave girl that he kept naked in his penthouse & to partake of the ambrosial Nectar that she served. So much so that the three million dollars that he had paid for her was fully recovered out of profits. And new orders that flooded the firm showed that his initial investment on the girl would increase in value tenfold within a year. He had therefore acquired the lovely slave girl, Briseis,for free. And that was why Peter Foo was likened by the Directors to Zeus/Jupiter, the King of the Gods.[MMT]

Here’s a Reader’s Digest version of my approach. I select mutual funds that have had a good track record of winning for more than five years, preferably for more than ten years. I don’t look at their one-year or three-year track records because I think long term. I spread my retirement, investing evenly across four types of funds. Growth and Income funds get 25 percent of my investment. (They are sometimes called Large Cap or Blue Chip funds.) Growth funds get 25 percent of my investment. (They are sometimes called Mid Cap or Equity funds; an S&P Index fund would also qualify.) International funds get 25 percent of my investment. (They are sometimes called Foreign or Overseas funds.) Aggressive Growth funds get the last 25 percent of my investment. (They are sometimes called Small Cap or Emerging Market funds.) For a full discussion of what mutual funds are and why I use this mix, go to daveramsey.com and visit MyTotalMoneyMakeover.com. The invested 15 percent of your income should take advantage of all the matching and tax advantages available to you. Again, our purpose here is not to teach the detailed differences in every retirement plan out there (see my other materials for that), but let me give you some guidelines on where to invest first. Always start where you have a match. When your company will give you free money, take it. If your 401(k) matches the first 3 percent, the 3 percent you put in will be the first 3 percent of your 15 percent invested. If you don’t have a match, or after you have invested through the match, you should next fund Roth IRAs. The Roth IRA will allow you to invest up to $5,000 per year, per person. There are some limitations as to income and situation, but most people can invest in a Roth IRA. The Roth grows tax-FREE. If you invest $3,000 per year from age thirty-five to age sixty-five, and your mutual funds average 12 percent, you will have $873,000 tax-FREE at age sixty-five. You have invested only $90,000 (30 years x 3,000); the rest is growth, and you pay no taxes. The Roth IRA is a very important tool in virtually anyone’s Total Money Makeover. Start with any match you can get, and then fully fund Roth IRAs. Be sure the total you are putting in is 15 percent of your total household gross income. If not, go back to 401(k)s, 403(b)s, 457s, or SEPPs (for the self-employed), and invest enough so that the total invested is 15 percent of your gross annual pay. Example: Household Income $81,000 Husband $45,000 Wife $36,000 Husband’s 401(k) matches first 3%. 3% of 45,000 ($1,350) goes into the 401(k). Two Roth IRAs are next, totaling $10,000. The goal is 15% of 81,000, which is $12,150. You have $11,350 going in. So you bump the husband’s 401(k) to 5%, making the total invested $12,250.

One way to get a life and keep it is to put energy into being an S&M (success and money) queen. I first heard this term in Karen Salmansohn’s fabulous book The 30-Day Plan to Whip Your Career Into Submission. Here’s how to do it: be a star at work. I don’t care if you flip burgers at McDonald’s or run a Fortune 500 company. Do everything with totality and excellence. Show up on time, all the time. Do what you say you will do. Contribute ideas. Take care of the people around you. Solve problems. Be an agent for change. Invest in being the best in your industry or the best in the world! If you’ve been thinking about changing professions, that’s even more reason to be a star at your current job. Operating with excellence now will get you back up to speed mentally and energetically so you can hit the ground running in your new position. It will also create good karma. When and if you finally do leave, your current employers will be happy to support you with a great reference and often leave an open door for additional work in the future. If you’re an entrepreneur, look at ways to enhance your business. Is there a new product or service you’ve wanted to offer? How can you create raving fans by making your customer service sparkle? How can you reach more people with your product or service? Can you impact thousands or even millions more? Let’s not forget the M in S&M. Getting a life and keeping it includes having strong financial health as well. This area is crucial because many women delay taking charge of their financial lives as they believe (or have been culturally conditioned to believe) that a man will come along and take care of it for them. This is a setup for disaster. You are an intelligent and capable woman. If you want to fully unleash your irresistibility, invest in your financial health now and don’t stop once you get involved in a relationship. If money management is a challenge for you, I highly recommend my favorite financial coach: David Bach. He is the bestselling author of many books, including The Automatic Millionaire, Smart Women Finish Rich, and Smart Couples Finish Rich. His advice is clear-cut and straightforward, and, most important, it works.

Under those conditions, chronic stress becomes so common that it seems normal. Individuals use denial and repression to protect the ego from disintegration. Living with both the constant unpredictability of the alcoholic parent and the detachment and/or anxiety of the codependent parent is difficult enough for an adult who has a fully developed defense system. For a child, surviving the regular assault of trauma requires massive amounts of energy. This puts the normal developmental process on hold; there is no energy left to invest in development. While other children are learning to play, to trust, to self-soothe, and to make decisions, children in addicted families are learning to survive. The end result is a child who often feels thirty years old at five and five years old at thirty.

A large brand will typically spend between 10 and 20 percent of their media buy on creative,” DeJulio explains. “So if they have a $500 million media budget, there’s somewhere between $50 to $100 million going toward creating content. For that money they’ll get seven to ten pieces of content, but not right away. If you’re going to spend $1 million on one piece of content, it’s going to take a long time—six months, nine months, a year—to fully develop. With this budget and timeline, brands have no margin to take chances creatively.” By contrast, the Tongal process: If a brand wants to crowdsource a commercial, the first step is to put up a purse—anywhere from $50,000 to $200,000. Then, Tongal breaks the project into three phases: ideation, production, and distribution, allowing creatives with different specialties (writing, directing, animating, acting, social media promotion, and so on) to focus on what they do best. In the first competition—the ideation phase—a client creates a brief describing its objective. Tongal members read the brief and submit their best ideas in 500 characters (about three tweets). Customers then pick a small number of ideas they like and pay a small portion of the purse to these winners. Next up is production, where directors select one of the winning concepts and submit their take. Another round of winners are selected and these folks are given the time and money to crank out their vision. But this phase is not just limited to these few winning directors. Tongal also allows anyone to submit a wild card video. Finally, sponsors select their favorite video (or videos), the winning directors get paid, and the winning videos get released to the world. Compared to the seven to ten pieces of content the traditional process produces, Tongal competitions generate an average of 422 concepts in the idea phase, followed by an average of 20 to 100 finished video pieces in the video production phase. That is a huge return for the invested dollars and time.

entire project would be kicked back, and he would need to start the submission process again. The proposal had to be perfect this time. If not, he was sure his competitors would swoop in on this opportunity to launch their own devices. He had spent the last two years on this project, and he was so close—only twenty-seven days left to make all the necessary corrections. He could not afford distractions now. Too much was riding on this; his name was riding on this. He remembered what his father always told him: “No one remembers the name of the person who came in second.” These words motivated him all through high school to earn a full scholarship to Boston University, where he earned his BA and master’s degrees in computer science, and then his PhD in robotics engineering at MIT. Those degrees had driven him to start his own business, Vinchi Medical Engineering, and at age thirty-four, he still lived by those words to keep the company on top. The intercom buzzed. “Your conference call is ready on line one, Mr. Vinchi.” “What the hell were you guys thinking?” Jon barked as soon as he got on the line. Not waiting for them to answer, Jon continued, “Whose bright idea was it to submit my name to participate at this event—or any event, for that matter? This type of thing has your name written all over it, Drew. Is this your doing?” As always, Trent said it the way it was. “If you had attended the last meeting, Jon, you would have been brought up to date for this and would have had the chance to voice any opposition to your participation.” It was a moot point, Jon knew he’d missed their last meeting—actually, their last few meetings—due to his own business needs. But this stunt wasn’t solely about the meeting, and he knew it. “Trent, I have always supported the decisions you guys have made in the past, but I am not supporting this one. What makes you think I will even show? I don’t have time for this nonsense.” “Time is valuable to all of us, Jon. We all have our own companies to run besides supporting what is needed for Takes One. Either you’re fully invested in this, or you’re not. There are times when it takes more than

It is then simplest to think of the problem as follows: the purpose of commodity production is to convert the surplus value extracted from living labour into capital. But accumulation – the reproduction and expansion of capital – does not happen unless a sufficient magnitude of surplus value is produced. If the surplus value generated is insufficient then it only reproduces the part of capital that it is equal in value to – the rest becomes surplus capital. Capital is only fully “valorised” if it is reproduced and expanded. Grossman therefore says overaccumulation is produced by “imperfect valorisation”. This abstraction can be applied to ‘individual capital’, the capital owned by each individual capitalist, and total capital. Imperfect valorisation therefore explains cyclical crises. The total investment in production tends to grow faster relative to the growth of profits returned, because constant capital has to grow relative to variable capital. The mass of capital has continued to rise but at a declining rate. This is expressed as a falling rate of profit. There is a lack of surplus value relative to total capital  – an underproduction of surplus value is at once an overaccumulation of capital.

suggest funding college, or at least the first step of college, with an Educational Savings Account (ESA), funded in a growth-stock mutual fund. The Educational Savings Account, nicknamed the Education IRA, grows tax-free when used for higher education. If you invest $2,000 a year from birth to age eighteen in prepaid tuition, that would purchase about $72,000 in tuition, but through an ESA in mutual funds averaging 12 percent, you would have $126,000 tax-free. The ESA currently allows you to invest $2,000 per year, per child, if your household income is under $220,000 per year. If you start investing early, your child can go to virtually any college if you save $166.67 per month ($2,000/year). For most of you, Baby Step Five is handled if you start an ESA fully funded and your child is under eight. If your children are older, or you have aspirations of expensive schools, graduate school, or PhD programs that you pay for, you will have to save more than the ESA will allow. I would still start with the ESA if the income limits don’t keep you out. Start with the ESA because you can invest it anywhere, in any fund or any mix of funds, and change it at will. It is the most flexible, and you have the most control.

If you want to know the real reasons why certain politicians vote the way they do - follow the money. Arch Brexiteer Jacob Rees-Mogg (a.k.a. JackOff Grease-Smug) stands to make billions via his investment firm - Somerset Capital Management - if the UK crashes unceremoniously out of the European Union without a secure future trade deal. Why ? Because proposed EU regulations will give enforcement agencies greater powers to curb the activities adopted by the sort of off-shore tax havens his company employs. Consequently the British electorate get swindled not once, but twice. Firstly because any sort of Brexit - whether hard, soft, or half-baked - will make every man, woman and child in the UK that much poorer than under the status quo currently enjoyed as a fully paid up member of the EU. Secondly because Rees-Mogg's company, if not brought to heel by appropriate EU wide legislation, will deprive Her Majesty's Treasury of millions in taxes, thus leading to more onerous taxes for the rest of us. It begs the question, who else in the obscure but influential European Research Group (ERG) that he chairs and the Institute for Economic Affairs (IEA) that he subscribes to, have similar vested interests in a no-deal Brexit ? It is high time for infinitely greater parliamentary and public scrutiny into the UK Register of Members' Financial Interests in order to put an end to these nefarious dealings and appalling double standards in public life which only serve to further corrode public trust in an already fragile democracy.

It was his fault.She could put the blame for this entirely on Brian Donnelly's shoudlers.If he hadn't been so insufferable,if he hadn't been there being insufferable when Chad had called, she wouldn't have agreed to go out to dinner.And she wouldn't have spent nearly four hours being bored brainless when she could've been doing something more useful. Like watching paint dry. There was nothing wrong with Chad, really.If you only had,say,half a brain, no real interest outside of the cut of this year's designer jacket and were thrilled by a rip-roaring debate over the proper way to serve a triple latte,he was the perfect companion. Unfortunately,she didn't gualify on any of those levels. Right now he was droning on about the painting he'd bought at a recent art show. No,not the painting,Keeley thought wearily. A discussion of the painting,of art,might have been the medical miracle that prevented her from slipping into a coma.But Chad was discoursing-no other word for it-on The Investment. He had the windows up and the air conditioning clasting as they drove. It was a perfectly beautiful night, she mused, but putting the windows down meant Chad's hair would be mussed. Couldn't have that. At least she didn't have to attempt conversation. Chad preferred monologues. What he wanted was an attractive companion of the right family and tax bracket who dressed well and would sit quietly while he pontificated on the narrow areas of his interest. Keeley was fully aware he'd decided she fit the bill,and now she'd only encouraged him by agreeing to this endlessly tedious date.

This is a new idea you might want to write down. Having your own life is authentically irresistible because it keeps you (and him) from losing yourselves in the relationship. If you imagine that people are like rechargeable batteries, having your own life keeps you fully charged. When you focus all your time and attention only on him, there’s no possibility for you to get naturally recharged by life—by other friends, activities, adventures, nature, the universe. Your energy depletes; this is apparent in how you look and feel. You start pulling on him for all of your energy, and he feels exhausted and resentful. The conversations get dull. You begin to nitpick and nag. “What do you want to do?” and “I don’t care—whatever you want to do” is all you ever seem to say to each other. When you devote all of your time, energy, and attention only to each other, it drains both of you and slowly erodes what could be an otherwise wonderful relationship. Having your own life is a natural way to keep yourself centered so you have more to contribute to your partner and the other important people in and aspects of your life. Let’s be honest. Success is sexy. When you live an inspired and energized life, men naturally find you irresistible because you are irresistible. Invest in your health, create community, make a difference, learn new skills, have fun, and share yourself with others. This is what will keep him wanting more, more, more. Men are no different from women in this respect. They want to be with someone who is expressive, engaged, and active in life. They want a woman who can introduce them to new things and is both interested and interesting.

Peugeot belongs to a particular genre of legal fictions called ‘limited liability companies’. The idea behind such companies is among humanity’s most ingenious inventions. Homo sapiens lived for untold millennia without them. During most of recorded history property could be owned only by flesh-and-blood humans, the kind that stood on two legs and had big brains. If in thirteenth-century France Jean set up a wagon-manufacturing workshop, he himself was the business. If a wagon he’d made broke down a week after purchase, the disgruntled buyer would have sued Jean personally. If Jean had borrowed 1,000 gold coins to set up his workshop and the business failed, he would have had to repay the loan by selling his private property – his house, his cow, his land. He might even have had to sell his children into servitude. If he couldn’t cover the debt, he could be thrown in prison by the state or enslaved by his creditors. He was fully liable, without limit, for all obligations incurred by his workshop. If you had lived back then, you would probably have thought twice before you opened an enterprise of your own. And indeed this legal situation discouraged entrepreneurship. People were afraid to start new businesses and take economic risks. It hardly seemed worth taking the chance that their families could end up utterly destitute. This is why people began collectively to imagine the existence of limited liability companies. Such companies were legally independent of the people who set them up, or invested money in them, or managed them. Over the last few centuries such companies have become the main players in the economic arena, and we have grown so used to them that we forget they exist only in our imagination.

bring some curiosity to each moment you have with the people in your life, especially those you know well and perhaps take for granted. This takes practice, but it’s not hard to get better at it. “How was your day?”—“Fine” needn’t be the end of a conversation. It is your sincere interest that will motivate folks to respond. You might follow up with something a little more playful like, “What was the most fun thing that happened today?” Or, “Did anything surprising happen today?” And when someone makes a casual reply you can dig deeper: “Can I ask you more about that… I’m so curious and not sure I really understand it fully…” Try to put yourself in this person’s place and imagine what they have experienced. Engaging conversations often come from this perspective-taking alone, and curiosity can be contagious. You might find that the more interested you are in others, the more interested they become in you, and you might also be surprised how fun this process can be. Life is always at risk of slipping by unnoticed. If the days and months and years feel as if they are moving too quickly, focused attention might be one remedy. Giving something your undivided attention is a way of bringing it to life and assuring that you don’t float through time on automatic pilot. Noticing someone is a way of respecting them, paying tribute to the person they are in that exact moment. And noticing yourself, checking in about how you move through the world, about where you are now and where you would like to be, can help you identify which people and pursuits most need your attention. Attention is your most precious asset, and deciding how to invest it is one of the most important decisions you can make. The good news is you can make that decision now, in this moment, and in each moment of your life.

Putting it all together, fluctuations in attitudes and behavior combine to make the stock market the ultimate pendulum. In my 47 full calendar years in the investment business, starting with 1970, the annual returns on the S&P 500 have swung from plus 37% to minus 37%. Averaging out good years and bad years, the long-run return is usually stated as 10% or so. Everyone’s been happy with that typical performance and would love more of the same. But remember, a swinging pendulum may be at its midpoint “on average,” but it actually spends very little time there. The same is true of financial market performance. Here’s a fun question (and a good illustration): for how many of the 47 years from 1970 through 2016 was the annual return on the S&P 500 within 2% of “normal”—that is, between 8% and 12%? I expected the answer to be “not that often,” but I was surprised to learn that it had happened only three times! It also surprised me to learn that the return had been more than 20 percentage points away from “normal”—either up more than 30% or down more than 10%—more than one-quarter of the time: 13 out of the last 47 years. So one thing that can be said with total conviction about stock market performance is that the average certainly isn’t the norm. Market fluctuations of this magnitude aren’t nearly fully explained by the changing fortunes of companies, industries or economies. They’re largely attributable to the mood swings of investors. Lastly, the times when return is at the extremes aren’t randomly distributed over the years. Rather they’re clustered, due to the fact that investors’ psychological swings tend to persist for a while—to paraphrase Herb Stein, they tend to continue until they stop. Most of those 13 extreme up or down years were within a year or two of another year of similarly extreme performance in the same direction.

As I write this, I know there are countless mysteries about the future of business that we’ve yet to unravel. That’s a process that will never end. When it comes to customer success, however, I have achieved absolute clarity on four points. First, technology will never stop evolving. In the years to come, machine learning and artificial intelligence will probably make or break your business. Success will involve using these tools to understand your customers like never before so that you can deliver more intelligent, personalized experiences. The second point is this: We’ve never had a better set of tools to help meet every possible standard of success, whether it’s finding a better way to match investment opportunities with interested clients, or making customers feel thrilled about the experience of renovating their home. The third point is that customer success depends on every stakeholder. By that I mean employees who feel engaged and responsible and are growing their careers in an environment that allows them to do their best work—and this applies to all employees, from the interns to the CEO. The same goes for partners working to design and implement customer solutions, as well as our communities, which provide the schools, hospitals, parks, and other facilities to support us all. The fourth and most important point is this: The gap between what customers really want from businesses and what’s actually possible is vanishing rapidly. And that’s going to change everything. The future isn’t about learning to be better at doing what we already do, it’s about how far we can stretch the boundaries of our imagination. The ability to produce success stories that weren’t possible a few years ago, to help customers thrive in dramatic new ways—that is going to become a driver of growth for any successful company. I believe we’re entering a new age in which customers will increasingly expect miracles from you. If you don’t value putting the customer at the center of everything you do, then you are going to fall behind. Whether you make cars, solar panels, television programs, or anything else, untold opportunities exist. Every company should invest in helping its customers find new destinations, and in blazing new trails to reach them. To do so, we have to resist the urge to make quick, marginal improvements and spend more time listening deeply to what customers really want, even if they’re not fully aware of it yet. In the end, it’s a matter of accepting that your success is inextricably linked to theirs.

I long for the Church to be more truly itself, and for me this involves changing its stance on war, sex, investment and many other difficult matters. I believe in all conscience that my questions and my disagreements are all of God. Yet I must also learn to live in and attend to the reality of the Church as it is, to do the prosaic things that can be and must be done now and to work at my relations now with the people who will not listen to me or those like me—because what God asks of me is not to live in the ideal future but to live with honesty and attentiveness in the present, i.e., to be at home. "What if the project in question is myself, and not some larger social question such as war? At the end of the day, it is the central concern for most of us. We long to change and to grow, and we are rightly suspicious of those who are pleased with the way they are and cannot seem to conceive of changing any further. Yet the torture of trying to push away and overcome what we currently are or have been, the bitter self-contempt of knowing what we lack, the postponement of joy and peace because we cannot love ourselves now—these are not the building blocks for effective change. We constantly try to start from somewhere other than where we are. Truthful living involves being at home with ourselves, not complacently but patiently, recognizing that what we are today, at this moment, is sufficiently loved and valued by God to be the material with which he will work, and that the longed-for transformation will not come by refusing the love and the value that is simply there in the present moment. "So we come back, by a longish detour, to the point to which Mark's narrative brought us: the contemplative enterprise of being where we are and refusing the lure of a fantasized future more compliant to our will, more satisfying in the image of ourselves that it permits. Living in the truth, in the sense in which John's Gospel gives it, involves the same sober attention to what is there—to the body, the chair, the floor, the voice we hear, the face we see—with all the unsatisfactoriness that this brings. Yet this is what it means to live in that kingdom where Jesus rules, the kingdom that has no frontiers to be defended. Our immersion in the present moment which is God's delivers the world to us—and that world is not the perfect and fully achieved thing we might imagine, but the divided and difficult world we actually inhabit. Only, by the grace of this living in the truth, we are able to say to it at least an echo of the 'yes' that God says, to accept as God accepts.

This is a good moment to remember one of Mansfield’s Manly Maxims: “Manly men tend their fields.” It means that we take care of the lives and property entrusted to us. It means that we take responsibility for everything in the “field assigned to us.” We cannot do this without knowledge. We cannot do it if we are ignorant of our times, blind to the trends shaping our lives, and oblivious to the basic knowledge that allows us to do what we are called to do as men. We must know enough about law, health, science, economics, politics, and technology to fulfill our roles. We should also know enough about our faith to stand our ground in a secular age, resist heresies, and teach our families. We also shouldn’t be without the benefits of literature and poetry, of good novels and stirring stories, all of which make us more relevant and more effective. We need all of this, and no one is going to force it upon us. Nor will we acquire what we need from a degree program or a study group alone, as valuable as these can be. The truth is that men who aspire to be genuine men and serve well have no choice: they must devote themselves to an aggressive program of self-education. They have to read books, stay current with websites and periodicals, consult experts, and put themselves in a position to know. It isn’t as hard as it sounds, particularly in our Internet age. Much of what a man needs to know can land in his iPad while he is sleeping, but he has to know enough to value this power in the first place. To ignore this duty can mean disaster. How many men have lost jobs because they did not see massive trends on the horizon? How many men have failed to stay intellectually sharp and so gave up ground in their professions to others with more active minds? How many have lost money through uninformed investments or have not taken opportunities in expanding fields or have missed promotions because they had not bothered to learn about new technologies or what changes social media, for example, would bring to their jobs? I do not want to be negative. Learning is a joy. Reading is one of the great pleasures of life. A man ought to invest in knowledge because it is part of living in this world fully engaged and glorifying God. Yet our times also make it essential. The amount of knowledge in the world is increasing. Technology is transforming our lives. New trends can rise like floodwaters and sweep devastation into our homes. Men committed to tending their fields learn, study, research, dig out facts, and test theories. They know how to safeguard their families. They serve well because they serve as informed men.

My own observations had by now convinced me that the mind of the average Westerner held an utterly distorted image of Islam. What I saw in the pages of the Koran was not a ‘crudely materialistic’ world-view but, on the contrary, an intense God-consciousness that expressed itself in a rational acceptance of all God-created nature: a harmonious side-by-side of intellect and sensual urge, spiritual need and social demand. It was obvious to me that the decline of the Muslims was not due to any shortcomings in Islam but rather to their own failure to live up to it. For, indeed, it was Islam that had carried the early Muslims to tremendous cultural heights by directing all their energies toward conscious thought as the only means to understanding the nature of God’s creation and, thus, of His will. No demand had been made of them to believe in dogmas difficult or even impossible of intellectual comprehension; in fact, no dogma whatsoever was to be found in the Prophet’s message: and, thus, the thirst after knowledge which distinguished early Muslim history had not been forced, as elsewhere in the world, to assert itself in a painful struggle against the traditional faith. On the contrary, it had stemmed exclusively from that faith. The Arabian Prophet had declared that ‘Striving after knowledge is a most sacred duty for every Muslim man and woman’: and his followers were led to understand that only by acquiring knowledge could they fully worship the Lord. When they pondered the Prophet’s saying, ‘God creates no disease without creating a cure for it as well’, they realised that by searching for unknown cures they would contribute to a fulfilment of God’s will on earth: and so medical research became invested with the holiness of a religious duty. They read the Koran verse, ‘We create every living thing out of water’ - and in their endeavour to penetrate to the meaning of these words, they began to study living organisms and the laws of their development: and thus they established the science of biology. The Koran pointed to the harmony of the stars and their movements as witnesses of their Creator’s glory: and thereupon the sciences of astronomy and mathematics were taken up by the Muslims with a fervour which in other religions was reserved for prayer alone. The Copernican system, which established the earth’s rotation around its axis and the revolution of the planet’s around the sun, was evolved in Europe at the beginning of the sixteenth century (only to be met by the fury of the ecclesiastics, who read in it a contradiction of the literal teachings of the Bible): but the foundations of this system had actually been laid six hundred years earlier, in Muslim countries - for already in the ninth and tenth centuries Muslim astronomers had reached the conclusion that the earth was globular and that it rotated around its axis, and had made accurate calculations of latitudes and longitudes; and many of them maintained - without ever being accused of hearsay - that the earth rotated around the sun. And in the same way they took to chemistry and physics and physiology, and to all the other sciences in which the Muslim genius was to find its most lasting monument. In building that monument they did no more than follow the admonition of their Prophet that ‘If anybody proceeds on his way in search of knowledge, God will make easy for him the way to Paradise’; that ‘The scientist walks in the path of God’; that ‘The superiority of the learned man over the mere pious is like the superiority of the moon when it is full over all other stars’; and that ‘The ink of the scholars is more precious that the blood of martyrs’. Throughout the whole creative period of Muslim history - that is to say, during the first five centuries after the Prophet’s time - science and learning had no greater champion than Muslim civilisation and no home more secure than the lands in which Islam was supreme.

Forbes had fully invested herself in her sentences. She had made them her own, agreed to live or die by them, taken total responsibility for them. How had she done this? I didn’t know. But I do now: she’d revised them.

I see faith as being a reasonable step in the same direction that the evidence is pointing. In other words, faith goes beyond merely acknowledging that the facts of science and history point toward God. It’s responding to those facts by investing trust in God—a step that’s fully warranted due to the supporting evidence.

You need to get a job, but you also need to get a life. What's the return on investment of college? What's the return on investment of having children, spending time with friends, listening to music, reading a book? The things that are most worth doing are worth doing for their own sake. Anyone who tells you that the sole purpose of education is the acquisition of negotiable skills is attempting to reduce you to a productive employee at work, a gullible consumer in the market, and a docile subject of the state. What's at stake, when we ask what college is for, is nothing less than our ability to remain fully human.

Psychological research has shown that the brain uses shortcuts to reduce the complexity of analyzing information. Psychologists call these heuristic simplifications. These mental shortcuts allow the brain to generate an estimate of an answer before fully digesting all the available information. Two examples of shortcuts are known as representativeness and familiarity. Using these shortcuts allows the brain to organize and quickly process large amounts of information. However, these shortcuts also make it hard for investors to analyze new information correctly and can lead to inaccurate conclusions.

people invest their IQ in buttressing their own case rather than in exploring the entire issue more fully and evenhandedly.”22

The typical PE fund is expected to be fully invested by year five and thereafter the management fees decline rapidly. So by year four of the fund’s life the GP will be wanting to give serious thought to the prospects for raising another fund.

I would add that I am not persuaded that international funds are a necessary component of an investor’s portfolio. Foreign funds may reduce a portfolio’s volatility, but their economic and currency risks may reduce returns by a still larger amount. The idea that a theoretically optimal portfolio must hold each geographical component at its market weight simply pushes me further than I would dream of being pushed. (I explore the pros and cons of global investing in Chapter 8.) My best judgment is that international holdings should comprise 20 percent of equities at a maximum, and that a zero weight is fully acceptable in most portfolios.

Why” before doing anything and before making any - personal, profession or investment decision. Unless you fully understand “Why”, you may

One of the worst disconnects of a business software development effort is seen in the gap between domain experts and software developers. Generally speaking, true domain experts are focused on delivering business value. On the other hand, software developers are typically drawn to technology and technical solutions to business problems. It’s not that software developers have wrong motivations; it’s just what tends to grab their attention. Even when software developers engage with domain experts, the collaboration is largely at a surface level, and the software that gets developed often results in a translation/mapping between how the business thinks and operates and how the software developer interprets that. The resulting software generally does not reflect a recognizable realization of the mental model of the domain experts, or perhaps it does so only partially. Over time this disconnect becomes costly. The translation of domain knowledge into software is lost as developers transition to other projects or leave the company. A different, yet related problem is when one or more domain experts do not agree with each other. This tends to happen because each expert has more or less experience in the specific domain being modeled, or they are simply experts in related but different areas. It’s also common for multiple “domain experts” to have no expertise in a given domain, where they are more of a business analyst, yet they are expected to bring insightful direction to discussions. When this situation goes unchecked, it results in blurred rather than crisp mental models, which lead to conflicting software models. Worse still is when the technical approach to software development actually wrongly changes the way the business functions. While a different scenario, it is well known that enterprise resource planning (ERP) software will often change the overall business operations of an organization to fit the way the ERP functions. The total cost of owning the ERP cannot be fully calculated in terms of license and maintenance fees. The reorganization and disruption to the business can be far more costly than either of those two tangible factors. A similar dynamic is at play as your software development teams interpret what the business needs into what the newly developed software actually does. This can be both costly and disruptive to the business, its customers, and its partners. Furthermore, this technical interpretation is both unnecessary and avoidable with the use of proven software development techniques. The solution is a key investment.

The sociopaths’ goal is to wring every last dollar from the system, and any investment that could not be fully realized within Boomer lifetimes was to be avoided. Therefore, the nation’s infrastructure, built by the Boomers’ parents and once the world’s finest, was allowed to decay. Henceforth, state-sponsored research would be radically curtailed. Higher education was neglected; the Boomers had their cost-free diplomas in hand, so meaningful reform and costly subsidies were no longer relevant. Public tuition, formerly zero, could rise dramatically. Even better, the loans taken out to meet those new educational bills, including those produced by the Boomer-created plague of for-profit colleges, could be converted into today’s $1.3 trillion of student loans, profits on which the Boomers harvest and shall so forever, thanks to a modification of the bankruptcy code in 2005 that makes student debt nearly impossible to discharge. The Flower Child of Berkeley would become the Merchant of Midtown. Just

Children displaced from their families, unconnected to their teachers, and not yet mature enough to relate to one another as separate beings, automatically regroup to satisfy their instinctive drive for attachment. The culture of the group is either invented or borrowed from the peer culture at large. It does not take children very long to know what tribe they belong to, what the rules are, whom they can talk to, and whom they must keep at a distance. Despite our attempts to teach our children respect for individual differences and to instill in them a sense of belonging to a cohesive civilization, we are fragmenting at an alarming rate into tribal chaos. Our very own children are leading the way. The time we as parents and educators spend trying to teach our children social tolerance, acceptance, and etiquette would be much better invested in cultivating a connection with them. Children nurtured in traditional hierarchies of attachment are not nearly as susceptible to the spontaneous forces of tribalization. The social values we wish to inculcate can be transmitted only across existing lines of attachment. The culture created by peer orientation does not mix well with other cultures. Because peer orientation exists unto itself, so does the culture it creates. It operates much more like a cult than a culture. Immature beings who embrace the culture generated by peer orientation become cut off from people of other cultures. Peer-oriented youth actually glory in excluding traditional values and historical connections. People from differing cultures that have been transmitted vertically retain the capacity to relate to one another respectfully, even if in practice that capacity is often overwhelmed by the historical or political conflicts in which human beings become caught up. Beneath the particular cultural expressions they can mutually recognize the universality of human values and cherish the richness of diversity. Peer-oriented kids are, however, inclined to hang out with one another exclusively. They set themselves apart from those not like them. As our peer-oriented children reach adolescence, many parents find themselves feeling as if their very own children are barely recognizable with their tribal music, clothing, language, rituals, and body decorations. “Tattooing and piercing, once shocking, are now merely generational signposts in a culture that constantly redraws the line between acceptable and disallowed behavior,” a Canadian journalist pointed out in 2003. Many of our children are growing up bereft of the universal culture that produced the timeless creations of humankind: The Bhagavad Gita; the writings of Rumi and Dante, Shakespeare and Cervantes and Faulkner, or of the best and most innovative of living authors; the music of Beethoven and Mahler; or even the great translations of the Bible. They know only what is current and popular, appreciate only what they can share with their peers. True universality in the positive sense of mutual respect, curiosity, and shared human values does not require a globalized culture created by peer-orientation. It requires psychological maturity — a maturity that cannot result from didactic education, only from healthy development. Only adults can help children grow up in this way. And only in healthy relationships with adult mentors — parents, teachers, elders, artistic, musical and intellectual creators — can children receive their birthright, the universal and age-honored cultural legacy of humankind. Only in such relationships can they fully develop their own capacities for free and individual and fresh cultural expression.

screamed night and day, blotted out the starlit skies and Northern Lights with flashing red strobes, slaughtered thousands of bats and entire flocks of birds, banished tourism and wildlife, made people sick and drove them from their now-valueless homes. But though there was very little wind and the turbines made almost no electricity, they made billions in taxpayer-paid subsidies for energy companies and investment banks, some of which trickled down to their fully-owned politicians and “environmental” groups. As I’d learned in previous dealings with WindPower LLC, these turbines did absolutely nothing for global warming. Because wind is so erratic, wind projects must have fulltime fossil fuel plants to back them up, and the result is that wind projects often cause more coal-burning, not less. And the saddest thing is that these billions of dollars wasted on industrial wind projects could be spent on rooftop solar, substantially reducing CO2 generation and fossil fuel use. But the utilities hate rooftop solar, despite what they pretend, because it cuts their income, so they are avidly trying to curtail it.

Holding a powerful healing space for clients is a sacred spiritual experience. I’ve heard so many horror stories of vulnerable souls being thoroughly let down by the practitioner/therapist/coach in who they have invested to facilitate their healing. In these situations, what happens is quite devastating for the client. *They feel that they need to minimalise their trauma to make those around them feel more comfortable. *They don’t feel safe expressing the depths of their experience in case they upset those around them. *They bury their experience which is so detrimental to their evolution and healing. *They feel the need to comfort the person who is supposed to be holding and healing them. *Please go to someone who has been recommended. *Go to someone who is qualified in academics, experience, and results. *Go to someone who puts the duty of care for the client above all else, even if that means referring them on. *Go to someone who understands generational trauma and who is equipped to be fully present with you and who is dedicated to your healing. Finding the right people is essential to your healing. You deserve it all. ♥️

most of us invest a lot of energy, one way or another, in trying to avoid fully experiencing the reality in which we find ourselves. We don’t want to feel the anxiety that might arise if we were to ask ourselves whether we’re on the right path, or what ideas about ourselves it could be time to give up. We don’t want to risk getting hurt in relationships or failing professionally; we don’t want to accept that we might never succeed in pleasing our parents or in changing certain things we don’t like about ourselves—and we certainly don’t want to get sick and die.

Son arrived at Yahoo’s office looking as slight and uncommanding as ever. But he brought a bazooka. In a bid without precedent in the history of the Valley, he proposed to invest fully $100 million in Yahoo. In return he wanted an additional 30 percent of the company. Son’s bid implied that Yahoo’s value had shot up eight times since his investment four months earlier. But the astonishing thing about his offer was the size of his proposed check: Silicon Valley had never seen a venture stake of such proportions.[21] The typical fund raised by a top-flight venture partnership weighed in at around $250 million, and there was no way it would put 40 percent of its resources into a single $100 million wager.[22] Private-equity investors and corporate acquirers sometimes made investments in the $100 million range, but in return they expected to take full control of companies.[23] Son, in contrast, would be a minority investor and on an unheralded scale. Because he had SoftBank’s corporate balance sheet behind him, he could pump in fully one hundred times more capital than Sequoia had provided when Yahoo got started. After Son dropped his bombshell, Yang, Filo, and Moritz sat in silence. Disconcerted, Yang said he was flattered but didn’t need the capital.[24] “Jerry, everyone needs $100 million,” Son retorted.[25]

When interest rates move up, the stock market moves down, and vice versa. Investors should be fully aware of this relationship, as it is the most important factor to consider in assessing long-term trends in the securities market;

Many financial analysts will find Emerson and Emery more interesting and appealing stocks than the other two—primarily, perhaps, because of their better “market action,” and secondarily because of their faster recent growth in earnings. Under our principles of conservative investment the first is not a valid reason for selection—that is something for the speculators to play around with. The second has validity, but within limits. Can the past growth and the presumably good prospects of Emery Air Freight justify a price more than 60 times its recent earnings?1 Our answer would be: Maybe for someone who has made an in-depth study of the possibilities of this company and come up with exceptionally firm and optimistic conclusions. But not for the careful investor who wants to be reasonably sure in advance that he is not committing the typical Wall Street error of overenthusiasm for good performance in earnings and in the stock market.* The same cautionary statements seem called for in the case of Emerson Electric, with a special reference to the market’s current valuation of over a billion dollars for the intangible, or earning-power, factor here. We should add that the “electronics industry,” once a fair-haired child of the stock market, has in general fallen on disastrous days. Emerson is an outstanding exception, but it will have to continue to be such an exception for a great many years in the future before the 1970 closing price will have been fully justified by its subsequent performance. By contrast, both ELTRA at 27 and Emhart at 33 have the earmarks of companies with sufficient value behind their price to constitute reasonably protected investments. Here the investor can, if he wishes, consider himself basically a part owner of these businesses, at a cost corresponding to what the

Kaiser was never fully invested in his personal relationship with Kim, and therein lies the problem. That space—that in-the-middle place somewhere in between being fully invested and not caring—simply isn’t worth it. When you’re in a relationship like that, it’s rarely fulfilling, and all you can see is everything wrong with it. But when it’s over, it stings, and you still somehow feel like you’ve lost.

What are your feelings from Bush to Obama? Besides being responsible for the death of half a million people, I feel like Bush dealt a huge economic and social blow to the USA, one from which we may never fully recover. He directly flushed 3 trillion dollars down the toilet on hopeless, pointlessly destructive wars in Afghanistan and Iraq …and they’re not even over! For years to come, we’ll be paying costs for all the injured veterans (over 50,000) and destabilizing three countries, because you have to look at the impact that the Afghan war has on Pakistan. Bush expanded the use of torture, and created a whole new layer of government bureaucracy (the “Department of Homeland Security”) to spy on Americans. He created Indefinite Detention (at Guantanamo and other US military bases) and expanded the use of executive-ordered assassinations using the new drone technology. On economic issues, his administration allowed corporations to run things and regulate themselves. The agency that was supposed to regulate oil drilling had lobbyist-paid prostitutes sleeping with employees while oil industry lobbyists basically ran the agency. Energy companies like Enron, and the country’s investment banks were deregulated at the end of the Clinton administration and Bush allowed them to run wild. Above all, he was incompetent and appointed some really stupid people to important positions at every level of government. Certainly, Obama has been involved in many of these same activities. A few he’s increased, such as the use of drone assassinations, but most of them he has at least tried to scale back. At the beginning of his first term, he tried to close the Guantanamo prison and have trials for many of the detainees in the United States but conservatives (including many Democrats) stirred up public resistance and blocked this from happening. He tried to get some kind of universal healthcare because over 50 million Americans don’t have health insurance. This is one of the leading causes of personal bankruptcies and foreclosures because someone gets sick in a family, loses their job, loses their health insurance (because American employers are source of most people’s healthcare) and they can’t pay their health bills or their mortgage. Or they use up all their money caring for a sick family member. So many people in the US wanted health insurance reform or single-payer, universal health care similar to what you have in the UK. Members of Obama’s own party (The Democrats) joined with Republicans to narrowly block “The public option” but they managed to pass a half-assed but not-unsubstantial reform of health insurance that would prevent insurers from denying you coverage when you’re sick or have a “preexisting condition.” The minute it was signed into law, Republicans sued in the courts (all the way to the supreme court) and fought, tooth and nail to block its implementation. Same thing with gun control, even as we’re one of the most violent industrial countries in the world. (Among industrial countries, our murder rate is second only to Russia). Obama has managed to withdraw troops from Iraq and Afghanistan over Republican opposition but, literally, everything he tries to do, they blast it in the media and fight it in Congress. So, while I have a lot of criticisms of Obama, he is many orders of magnitude less awful than Bush and many of the positive things he’s tried to do have been blocked. That said, the Democratic and Republican parties agree on more things than they disagree. Both signed off on the Afghan and Iraq wars. Both signed off on deregulation of banks, of derivatives, of mortgage regulations and of the energy and telecom business …and we’ve been living with the consequences ever since. I’m guessing it’s the same thing with Labor and Conservatives in the UK. Labor or Democrats will SAY they stand for certain “progressive” things but they end up supporting the same old crap... (2014 interview with iamhiphop)

Not only is the system distorted by its bias towards investing in what happens to be profitable, but even within that sphere there is no reason to expect the profit motive to lead to a well-balanced pattern of investment. This has always been a weak point in the neo-classical system. The doctrine that, under conditions of free competition, given resources are used to yield maximum satisfaction, applies essentially to an equilibrium position. It can be demonstrated only by assuming that an equilibrium exists and showing that a /departure /from it would be harmful (it also has to assume, of course, that the distribution of income is somehow what it ought to be). Walras had the ingenious idea of making the inhabitants of his market “shout” their offers until the equilibrium has been found, and then start actual trading at the equilibrium prices. It is pure effrontery to extend this kind of equilibrium conception to investment; an equilibrium pattern of investment worked out on this system is possible only in a fully planned economy (if there). [p. 125]

That space—that in-the-middle place somewhere in between being fully invested and not caring—simply isn’t worth it. When you’re in a relationship like that, it’s rarely fulfilling, and all you can see is everything wrong with it. But when it’s over, it stings, and you still somehow feel like you’ve lost.

Ian believed that all actors were crazy. They had to be if they were any good. The truly great ones had to have a manageable version of split personality disorder. How else could they pretend to be someone else so fully that we not only believe it but we invest ourselves emotionally in what they are experiencing?

From cave paintings depicting hunting grounds to the Babylonian tablets capturing the "whole world" (as they experienced it). Through the advancements of the Middle Ages, especially from Islamic scholars and Chinese cartographers. Massive strides came about with the Renaissance, as exploration and expansion abounded. Then on to the massive leaps to modern surveying and satellite imagery. The journey has been astonishing! I cannot help but think that this mirrors the path of our understanding of God and the world They created. Our sincere, yet limited perspectives began to expand as our experience and understanding grew. The reality of that which we sought to "map out" was (and is) often our best efforts, complicated by ignorance, limitations, bias, and more. We imperfectly stumble towards better, more honest representations. Even then, our growing understanding helps us see the limitations of our own attempts to bring meaning to that which is so much bigger than our capacity to fully understand. Just as we know that the Mercator projection map is deeply problematic and, in many ways, wildly incorrect, so too do so many of our understandings of the Divine often fail to meet our own standards. And in the same way, we also hold on to them because they are familiar and we are so deeply invested in them. And in the end, no matter how good and accurate and true our "maps" are, they will always and only ever be mere representations- pale reflections of a much grander, complex, and ever-changing reality.

Other people do sensible things. They climb career ladders. They save and invest and create personal wealth. They buy property. They vote tactically. They tell little lies in order to negotiate relationships. They stay in challenging or even dead relationships because it seems like a better idea than being alone. None of these things mattered to me, and I fully accept that in a certain way that does make me stupid. For a whole chapter of my life I was in quite a lot of debt.

The key to this matrix is the symmetry or asymmetry of the performance. Investors who lack skill simply earn the return of the market and the dictates of their style. Without skill, aggressive investors move a lot in both directions, and defensive investors move little in either direction. These investors contribute nothing beyond their choice of style. Each does well when his or her style is in favor but poorly when it isn’t. On the other hand, the performance of investors who add value is asymmetrical. The percentage of the market’s gain they capture is higher than the percentage of loss they suffer. Aggressive investors with skill do well in bull markets but don’t give it all back in corresponding bear markets, while defensive investors with skill lose relatively little in bear markets but participate reasonably in bull markets. Everything in investing is a two-edged sword and operates symmetrically, with the exception of superior skill. Only skill can be counted on to add more in propitious environments than it costs in hostile ones. This is the investment asymmetry we seek. Superior skill is the prerequisite for it. Here’s how I describe Oaktree’s performance aspirations: In good years in the market, it’s good enough to be average. Everyone makes money in the good years, and I have yet to hear anyone explain convincingly why it’s important to beat the market when the market does well. No, in the good years average is good enough. There is a time, however, when we consider it essential to beat the market, and that’s in the bad years. Our clients don’t expect to bear the full brunt of market losses when they occur, and neither do we. Thus, it’s our goal to do as well as the market when it does well and better than the market when it does poorly. At first blush that may sound like a modest goal, but it’s really quite ambitious. In order to stay up with the market when it does well, a portfolio has to incorporate good measures of beta and correlation with the market. But if we’re aided by beta and correlation on the way up, shouldn’t they be expected to hurt us on the way down? If we’re consistently able to decline less when the market declines and also participate fully when the market rises, this can be attributable to only one thing: alpha, or skill. That’s an example of value-added investing, and if demonstrated over a period of decades, it has to come from investment skill. Asymmetry—better performance on the upside than on the downside relative to what your style alone would produce—should be every investor’s goal.

In the early 2000s, new malls were sprouting up all over São Paulo and Rio, and industry ownership, as I’ve mentioned, was highly fragmented. We partnered with a local private equity firm to create BR Malls as a growth platform in 2006, investing $86 million. Roughly a year later, we led BR Malls in an IPO on Brazil’s Bovespa at an equity valuation of roughly R$2.1 billion. The capital enabled BR Malls to lead the industry in acquisitions. Five years later, the company had nearly fifty malls. Total returns for public shareholders were over 26 percent, and BR Malls had an equity market cap of R$10.7 billion. By the time we fully exited the investment in 2010, BR Malls was the largest mall company in Brazil, and we had achieved a 4.2x multiple, or 48.6 percent IRR.

Economics and P&L What are the per-unit economics of the device? That is, what is the expected gross profit and contribution profit per unit? What is the rationale for the price point you have chosen for the product? How much will we have to invest up front to build this product in terms of people, technology, inventory, warehouse space, and so on? For this section of the PR/FAQ, ideally one or more members of your finance team will work with you to understand and capture these costs so you can include a simplified table of the per-unit economics and a mini P&L in the document. A resourceful entrepreneur or product manager can do this work themselves if they do not have a finance manager or team. For new products, the up-front investment is a major consideration. In the case of Melinda, there is a requirement for 77 people to work on the hardware and software, for an annualized cost of roughly $15 million. This means that the product idea needs to have the potential to earn well in excess of $15 million per year in gross profit to be worth building. The consumer questions and economic analysis both have an effect on the product price point, and that price point, in turn, has an effect on the size of the total addressable market. Price is a key variable in the authoring of your PR/FAQ. There may be special assumptions or considerations that have informed your calculation of the price point—perhaps making it relatively low or unexpectedly high—that need to be called out and explained. Some of the best new product proposals set a not-to-exceed price point because it forces the team to innovate within that constraint and face the tough trade-offs early on. The problem(s) associated with achieving that price point should be fully explained and explored in the FAQ.

In response to the command to enjoy, contemporary cynicism is an effort to gain distance from the functioning of power, to resist the hold that power has over us. Hence, the cynic turns inward and displays an indifference to external authorities, with the aim of self-sufficient independence. Symbolic authority—which would force the subject into a particular symbolic identity, an identity not freely chosen by the subject herself—is the explicit enemy of cynicism. To acknowledge the power of symbolic authority over one’s own subjectivity would be, in the eyes of the cynic, to acknowledge one’s failure to enjoy fully, making such an acknowledgment unacceptable. In the effort to refuse the power of this authority, one must eschew all the trappings of conformity. This is why the great Cynical philosopher Diogenes made a show of masturbating in public, a gesture that made clear to everyone that he had moved beyond the constraints of the symbolic law and that he would brook no barrier to his jouissance. Byfreely doing in public what others feared to do, Diogenes acted out his refusal to submit to the prohibition that others accepted. He attempted to demonstrate that the symbolic law had no absolute hold over him and that he had no investment in it. However, seeming to be beyond the symbolic law and actually being beyond it are two different—and, in fact, opposed—things, and this difference becomes especially important to recognize in the contemporary society of enjoyment. In the act of making a show of one’s indifference to the public law (in the manner of Diogenes and today’s cynical subject), one does not gain distance from that law, but unwittingly reveals one’s investment in it. Such a show is done for the look of the symbolic authority. The cynic stages her/his act publicly in order that symbolic authority will see it. Because it is staged in this way, we know that the cynic’s act—such as the public masturbation of Diogenes—represents a case of acting-out, rather than an authentic act, an act that suspends the functioning of symbolic authority. Acting-out always occurs on a stage, while the authentic act and authentic enjoyment—the radical break from the constraints of symbolic authority—occur unstaged, without reference to the Other’s look. 9 In the History of Philosophy, Hegel makes clear the cynic’s investment in symbolic authority through his discussion of Plato’s interactions with Diogenes: In Plato’s house [Diogenes] once walked on the beautiful carpets with muddy feet, saying, “I tread on the pride of Plato.” “Yes, but with another pride,” replied Plato, as pointedly. When Diogenes stood wet through with rain, and the bystanders pitied him, Plato said, “If you wish to compassionate him, just go away. His vanity is in showing himself off and exciting surprise; it is what made him act in this way, and the reason would not exist if he were left alone. Though Diogenes attempts to act in a way that demonstrates his self-sufficiency, his distance from every external authority, what he attains, however, is far from self-sufficiency. As Plato’s ripostes demonstrate, everything that the cynic does to distance himself from symbolic authority plays directly into the hands of that authority. Here we see how cynicism functions symptomatically in the society of enjoyment, providing the illusion of enjoyment beyond social constraints while leaving these constraints completely intact.

is fully invested in His whole plan. If you are seeking God and have a heart to do His will, you are promised that He will show you what to do.

During this decade, one of the most important features of the new Koch Industries was the impervious strength of its corporate veil—the legal barrier that separated Koch’s various divisions. Under the new structure, Koch Industries became little more than a holding company, a big investment firm that owned a lot of smaller, nominally independent firms. And those companies would be strictly segregated from one another, and from Koch central, by a thick wall designed to be legally impenetrable. The corporate veil became reflected in the vocabulary of Koch employees. They didn’t refer to the company’s subsidiaries as units or divisions, but as “companies,” reinforcing the notion that each unit was fully independent. Many of these “companies” developed their own internal systems for human resources, information technology, and other services, creating just the kind of big, redundant systems that most US corporations were striving to eliminate. These redundancies might have cost Koch money, but their value far outstripped the cost. Koch could now argue persuasively that each company division was a stand-alone company, one that could assume its own liabilities. Never again would angry creditors be able to threaten the cash reserves of Koch Industries’ central treasury, as the lawyers from Purina Mills had done. Now liability would only travel to the top of each company that Koch held.

There is this story where NASA tried to figure out how to make a ballpoint pen that works in space. If you have ever tried to use a ballpoint pen over your head, you have probably realised it is gravity that keeps the ink flowing. After a series of prototypes, several test runs and tons of money invested, NASA developed a fully functional gravity-independent pen, which pushes the ink onto the paper by means of compressed nitrogen. According to this story, the Russians faced the same problem. So they used pencils (De Bono, 1998, 141). The story itself, unfortunately, is an urban myth, but the lesson of it encapsulates the core idea of the slip-box: Focus on the essentials and don’t complicate things unnecessarily.