Government employees move up the ladder through educational credentials rather than merit. People are given jobs and promotions based on seniority, race and gender rather than ability or talent. Such a system often overlooks the deserving and rewards the incompetent. There is no payoff for achievement.

When politics is elevated over business, economic disaster follows.

No matter how great your wisdom, you can still make a fool of yourself.

You slight yourself when you're easily slighted.

Winning a lottery may prove to be bad luck.

Good times weaken belief.

The foremost corporate responsibility is to serve others so well you produce a profit.