On Credit Worthiness and Dependability

Posted by Chief on Aug 4, 2010 in Quotes
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Every banker knows that if he has to prove that he is worthy of credit, however good may be his arguments, in fact his credit is gone Walter Bagehot

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Quotations from Reddit

Posted by Chief on Jun 4, 2010 in Quotes
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If you are surprised by anything, question your underlying model, for it has led you to be surprised by the true state of affairs. Since the beginning, not one unusual thing has ever happened. Paraphrased from Eliezer Yudkowsky

The surest way to corrupt a youth is to teach him to hold in higher regard those who think the same as him

If voting made any difference, they wouldn’t let us do it. Mark Twain

Yesterday is yesterday. If we try to recapture it we will only lose tomorrow. Bill Clinton

Lower your voice and strengthen your argument. Lebanese proverb

Time is a great teacher, but unfortunately it kills all its pupils. Louis Hector Berlioz

Most people are other people. Their thoughts are someone else’s opinions. Their lives a mimicry. Their passions a quotation. Oscar Wilde

I do not feel obliged to believe that the same God who has endowed us with sense, reason, and intellect has intended us to forgo their use. Galileo Galilei

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Rent vs Buy – In Regards to Housing

Posted by Chief on Jun 3, 2010 in Quotes, Reference
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The cross-over point is about 15 times annual rent, [trulia] believes. In other words, as a rough rule of thumb, homes are probably fairly valued in a city when they cost about 15 times a year’s rent. So, for example, if you’re paying $10,000 a year to rent a place, think twice about buying a home that costs more than $150,000. Dean Baker, economist at the Washington, D.C. think-tank The Center for Economic and Policy Research, came to a similar conclusion in research on the subject in recent years. Fifteen times is the historic average, he said. Brett Arends at the Wall Street Journal

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On the Millennials and Having Children

Posted by Chief on Jan 12, 2010 in Lessons, Quotes
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Everyone wants a baby, but no one wants a kid these days. Runaway1956

Kids today get emo and suicidal because they have been given everything, never had to earn anything, never been hungry, never had anything real to fear, never been punished for their behavior and are bored with having too much entertainment. Nadaka

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On Intelligence and Learning

Posted by Chief on Dec 15, 2009 in Quotes
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A wise man can learn more from a foolish question than a fool can learn from a wise answer. Bruce Lee

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Paradigm-Shifting Words on Creativity

Posted by Chief on Dec 13, 2009 in Quotes
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You can never solve a problem on the level on which it was created. Albert Einstein

There is nothing in a caterpillar that tells you it’s going to be a butterfly. Buckminster Fuller

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