In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.

For Hamlet, greatness means willingness to fight for reasons as thin as an eggshell: anyone would fight for things that matter; true heroes take their personal honor so seriously they will fight for things that don’t matter.

Whatever the career, sales ability distinguishes superstars from also-rans.

No company has a culture; every company is a culture.

There are only two kinds of businesses in this world: Businesses in crazy competition, and businesses that are one of a kind.

Under perfect competition, in the long run no company makes an economic profit.

Higher education is the place where people who had big plans in high school get stuck in fierce rivalries with equally smart peers over conventional careers like management consulting and investment banking. For the privilege of being turned into conformists, students (or their families) pay hundreds of thousands of dollars in skyrocketing tuition that continues to outpace inflation. Why are we doing this to ourselves?