Quotes About Efficiency

I can't afford to waste my time making money. —JEAN LOUIS AGASSIZ

You're already a financial trader. You might not think of it in just this way, but if you work for a living, you're trading your time for money. Frankly, it's just about the worst trade you can make. Why? You can always get more money, but you can't get more time.

That's the whole secret: earn more, spend less, and automate it.

When you buy a company, what you're really buying are its assets. So you've got to look at those assets and ask yourself, "Why aren't they doing as well as they should be?" Fully 90% of the time, the reason is management

All you have to do to earn more money in the same amount of time is simply become more valuable.

learned from those I interviewed that tax efficiency is one of the most direct pathways to shorten the time it takes to get from where you are now to where you want to be financially.

Are there any exceptions to the rule? Only two that experts tell me are worth considering in so far as one needs the tax efficiency. Vanguard and TIAA-CREF both offer extremely low-cost variable annuities with a list of low-cost index funds to choose from. They do not charge commissions, so there are no surrender charges if you want to cash in.

His best single rant: "maximum diversification, minimal cost, and maximum tax efficiency, low turnover [trading], and low turnover cost, and no sales loads." How

Execution will trump knowledge every day of the week.

The One Minute Manager

If you conscientiously manage your investments for tax efficiency, your 7.5% allows you to double your investments in 9.6 years instead of 24 years! Now do you see the importance of both tax and fee efficiency?

complexity is the enemy of execution.

In life, never spend more than 10 percent of your time on the problem, and spend at least 90 percent of your time on the solution. Most important, don't sweat the small stuff… and remember, it's all small stuff!

W. Edwards Deming

When I work, I relax; doing nothing or entertaining visitors makes me tired.

The low-cost index funds or ETFs you choose will change the performance. It's crucial to find the most efficient and cost-effective representations for each percentage.

And it must be explained that Miss Anne Prettyman was supposed to be specially efficient in teaching Roman history to her pupils, although she was so manifestly ignorant of the course of law in the country in which she lived.

Out of the box, my what-focus at work is results. In the box, by contrast, my what-focus is justification. That's the first reason why the box always undercuts results.

In this way, a problem that had gone on literally for years was solved nearly overnight when the leaders stopped simply assigning responsibility and began holding themselves strictly accountable. This is now the model in that company for solving every problem encountered.

Nature is wasteful, he had said. That's why there are so many pinecones on the forest floor—his mother had pointed them out to him once when he was a child, and explained that nature starts many more projects than she can ever finish.

Il primo motore è la cosa più perfetta che c'è, è pensiero che pensa a se stesso; dunque esso muove come ciò che è amato, cioè secondo il fine, mentre tutte le altre cose muovono essendo mosse, cioè secondo la causa efficiente. Il mondo lo ama per la sua perfezione e non per la sua bontà, e lui stesso è immobile perchè, essendo perfetto, non ha nulla da attuare.

Nature does nothing uselessly.

Nature does nothing in vain. Therefore, it is imperative for persons to act in accordance with their nature and develop their latent talents, in order to be content and complete.

It's the fastest who gets paid, and it's the fastest who gets laid.