In 1972, U.S. President Richard Nixon asked China’s first premier, Zhou Enlai, for his assessment of the French Revolution, 183 years after the revolution’s conclusion. Zhou’s response: “It is too early to say.” If I ask you to think long term, what time frame would come to mind? Would it be ten years from now? […]
We have a tendency to believe that the best predictor of future success is a high IQ. After all, some of the world’s most successful people are indeed very smart. However, for as many smart successful people as there are, there’s an equal number of smart people who have underachieved. This begs the question – […]
What if your spouse told you that they wanted to spend $7 million dollars on a couch? Warren Buffett is said to have had a disagreement with his late wife Suzy about her plan to spend $20,000 to renovate their home. Did he disagree with Suzy that their house needed some freshening-up? Probably not. Given […]
