Quotes About Growth

Nobody's a natural. You work to get good and then work to get better. It's hard to stay on top.

she could not see how much there was to live for, that she was young and that one could build anew upon the ashes of failure

If you're in a job that feels safe, you are not going to get exceptional, because if there is no danger there is almost certainly no leverage.

why Europe grew so powerful. Was it something about the geography of Europe? Was it that Europeans are somehow racially superior? Was it their religion? The answer (or at least the proximate cause) may be that the Europeans rode on the crest of a powerful new idea: allowing those who made a lot of money to keep it.

If you're in a job that feels safe, you are not going to get rich, because if there is no danger there is almost certainly no leverage.

Users are a double-edged sword. They can help you improve your language, but they can also deter you from improving. So choose your users carefully, and be slow to grow their number. Having users is like optimization: the wise course is to delay it.

Many people feel confused and depressed in their early twenties. Life seemed so much more fun in college. Well, of course it was. Don't be fooled by the surface similarities. You've gone from guest to servant. It's possible to have fun in this new world. Among other things, you now get to go behind the doors that say authorized personnel only. But the change is a shock at first, and all the worse if you are not consciously aware of it.

Once you cross the threshold of profitability, however low, your runway becomes infinite.

If you look at the dominant technologies today, you'll find that most of them grew organically.

There are only two things you have to know about business: build something users love, and make more than you spend. If you get these two right, you'll be ahead of most startups. You can figure out the rest as you go.

Treat a startup as an optimization problem in which performance is measured by number of users.

Understanding this may help to answer an important question: why Europe grew so powerful. Was it something about the geography of Europe? Was it that Europeans are somehow racially superior? Was it their religion? The answer (or at least the proximate cause) may be that the Europeans rode on the crest of a powerful new idea: allowing those who made a lot of money to keep it.

The way ro really do big things seems to be to start with deceptively small things

Between 1972 and 2001 the wage and salary income of Americans at the 90th percentile of the income distribution rose only 34 percent, or about 1 percent per year. So being in the top 10 percent of the income distribution, like being a college graduate, wasn't a ticket to big income gains. But income at the 99th percentile rose 87 percent; income at the 99.9th percentile rose 181 percent; and income at the 99.99th percentile rose 497 percent. No, that's not a misprint.

It is a bad thing to be in a recession, and a good thing to recover, but one should never confuse the rapid growth that takes place during a recovery with an improvement in the economy's long-term performance: once the economy is near capacity, growth is bound to slow down. Moreover, recessions and recoveries depend far more on the Federal Reserve than on the administration in power, and happen to Republicans and Democrats alike.

The basic proposition that the "Krugman calculation" was meant to convey is that income inequality has been increasing so rapidly that most families have failed to get much benefit out of long-term growth. This proposition stands. One need not take seriously the efforts by supply-siders to chop the past fifteen years into little slices, and claim the good ones while disclaiming the bad ones.

Productivity isn't everything, but in the long run, it's almost everything

The people we've known the longest are often the people we know the least.

There are seven levels!

Before you buy, you need to know that the company you're investing in is Financially sound and growing Offering products and/or services that are in demand by consumers In a strong and growing industry (and general economy)

Mid cap ($1 billion to $10 billion): For many investors, this category offers a good compromise between small caps and large caps. These stocks have some of the safety of large caps while retaining some of the growth potential of small caps. Large cap ($10 billion to $50 billion): This category is usually best reserved for conservative stock investors who want steady appreciation with greater safety. Stocks in this category are frequently referred to as blue chips.

If you're the type of investor who has enough time to let somewhat risky stocks trend upward or who has enough money so that a loss won't devastate you financially, then growth stocks are definitely for you.

What should you do? Become an investor with a time horizon greater than one year (the emphasis is on "greater"). Give your investments time to grow.

The bottom line is that growth is much easier to achieve when you seek solid, value-oriented companies in growing industries.