In business, success often depends upon the relative age of your ideas.
Demographics show that we are entering a battle between young and old. I call it the 'Age War.' The young want to hang onto their money to grow their families, businesses, and wealth. The old want the tax and investment dollars of the young to sustain their old age.
If you want to go somewhere, it is best to find someone who has already been there.
If you're going to be a winner in life, you have to constantly go beyond your best.
When times are bad is when the real entrepreneurs emerge.
If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.
Finding good partners is the key to success in anything: in business, in marriage and, especially, in investing.
Start a part-time business and make as many mistakes as you possibly can while you still have your daytime job.
While the Chinese people, as a rule, are good people, my business dealings with Communist Chinese officials have left me disturbed and concerned about the rise of the Chinese Empire.
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