Quotes About Capital
I don't know if there was even a hundred million dollars in the whole country!
~ Sylvia Sidney
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Afghanistan fortunately is one of the richest countries in terms of water, mineral resources, location and human capital.
~ Ashraf Ghani
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Most existing national capital funds have been built up from royalties from oil and other minerals. They need not be limited that way. Most are anything but democratic. That could be changed.
~ Guy Standing
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A library book lasts as long as a house, for hundreds of years. It is not an article for mere consumption, but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.
~ Thomas Jefferson
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Books constitute capital. A library book lasts as long as a house, for hundreds of years. It is not, then, an article of mere consumption but fairly of capital, and often in the case of professional men, setting out in life, it is their only capital.
~ Thomas Jefferson
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What's this? What are the antagonists doing here – infiltrating their own audience? Well, they're not really. It's somebody else's audience at the moment, and these nightly spectacles are an appreciable part of the darkside hours of life of the rocket capital. The chances for any paradox here, really, are less than you think.
~ Thomas Pynchon
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many poverty-stricken countries were unable to obtain much-needed capital because of their undependable laws and confiscatory policies toward foreign investors.
~ Thomas Sowell
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Because immobility is the key to exploitation, fixed capital, like labor, can also be exploited in the short term. And, since some capital goods can last longer than the average life span of a worker, once a hydroelectric plant has been built, both local taxes and local unions can absorb much of its profits, to the point of making very difficult that someone is ever willing to build another hydroelectric plant in that jurisdiction.
~ Thomas Sowell
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Contrary to many theories of imperialism, this greatest of all empires did not revolve around an export of capital to the Third World.
~ Thomas Sowell
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The world can never be in the state of right order, strong government, and good influence unless London is truly and literally established as its capital.
~ Kedar Joshi
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Today's most valuable currency is social capital, defined as the information, expertise, trust, and total value that exist in the relationships you have and social networks to which you belong.
~ Keith Ferrazzi
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The business end of a six-gun don't pay no interest.
~ KEN ALSTAD
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You will never be allowed to buy the really good IPOs at the initial offering price. The hot IPOs are snapped up by the big institutional investors or the very best wealthy clients of the underwriting firm.
~ Burton G. Malkiel
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The gap between financial capital of US$190 trillion looking for highly profitable investment opportunities and a real economy and social sector without access to the financial capital needed to operate and grow is at the heart of the worldwide economic crisis.
~ C. Otto Scharmer
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If your goal is to love what you do, you must first build up "career capital" by mastering rare and valuable skills, and then cash in this capital for the traits that define great work.
~ Cal newport
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In this second part, I introduce a framework I call attention capital theory that argues for creating workflows built around processes specifically designed to help us get the most out of our human brains while minimizing unnecessary miseries. This
~ Cal newport
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Step 1: Decide What Capital Market You're In For the sake of clarity, I will introduce some new terminology. When you are acquiring career capital in a field, you can imagine that you are acquiring this capital in a specific type of career capital market. There are two types of these markets: winner-take-all and auction. In a winner-take-all market, there is only one type of career capital available, and lots of different people competing for it.
~ Cal newport
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As email spread through the professional world in the 1980s and 1990s it introduced something novel: low-friction communication at scale. With this new tool, the cost in terms of time and social capital to communicate with anyone related to your job plummeted from significant to almost nothing. As the writer Chris Anderson notes in his 2009 book, Free, the dynamics of reducing a cost to zero can be "deeply mysterious,
~ Cal newport
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This focus on stretching your ability and receiving immediate feedback provides the core of a more universal principle—one that I increasingly came to believe provides the key to successfully acquiring career capital in almost any field.
~ Cal newport
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Getting to the cutting edge of a field can be understood in these terms: This process builds up rare and valuable skills and therefore builds up your store of career capital. Similarly, identifying a compelling mission once you get to the cutting edge can be seen as investing your career capital to acquire a desirable trait in your career. In other words, mission is yet another example of career capital theory in action. If you want a mission, you need to first acquire capital.
~ Cal newport
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What mattered most in Mike's story is that once he stumbled through the door, his career capital went to work getting him a fantastic job offer.
~ Cal newport
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The Second Control Trap The point at which you have acquired enough career capital to get meaningful control over your working life is exactly the point when you've become valuable enough to your current employer that they will try to prevent you from making the change. On
~ Cal newport
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The research driving Rule #2 taught me that these plateaus are dangerous because they cut off your supply of career capital and therefore cripple your ability to keep actively shaping your working life. As my quest continued, therefore, it became clear that I needed to introduce some practical strategies into my own working life that would force me to once again make deliberate practice a regular companion in my daily routine.
~ Cal newport
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Mike Jackson leveraged the craftsman mindset to do whatever he did really well, thus ensuring that he came away from each experience with as much career capital as possible. He never had elaborate plans for his career. Instead, after each working experience, he would stick his head up to see who was interested in his newly expanded store of capital, and then jump at whatever opportunity seemed most promising.
~ Cal newport
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