One of my favorite quotes is, “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for life.” Today in order to teach a man to fish, you need two fishing licenses, a state boat sticker, OSHA approved life jackets, EPA approved weights and hooks, you pay a park fee, obtain a fire permit to cook the fish and an EPA permit to dispose of the waste. Thanks to the government, fish you catch costs 8 times as much as the fish you purchase in the supermarket, caught overseas.
George Washington said, “Government is not eloquence, it is not justice; it is force. Like fire, it is a dangerous servant and a fearsome master.”
When I started in the investment business 35 years ago, the Golden Rule was “Do unto others as you would have them do unto you.” In a few years it was corrupted to, “He who has the gold makes the rules.” Today it has been totally corrupted to, “He who makes the rules gets the gold.”
The definition of politics is the advance auction of goods that have not yet been stolen.
George Washington said, “Government is not eloquence, it is not justice; it is force. Like fire, it is a dangerous servant and a fearsome master.”
When I started in the investment business 35 years ago, the Golden Rule was “Do unto others as you would have them do unto you.” In a few years it was corrupted to, “He who has the gold makes the rules.” Today it has been totally corrupted to, “He who makes the rules gets the gold.”
The definition of politics is the advance auction of goods that have not yet been stolen.
