BusinessQuotes

Somerset Mauham

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  • Philip had cultivated a certain disdain for idealism. He had always had a passion for life, and the idealism he had come across seemed for the most part a cowardly shrinking away from it. The idealist withdrew himself, because he could not suffer the jostling of the human crowd; he had not the strength to fight and so called the battle vulgar; he was vain, and since his fellows would not take him at his own estimate, consoled himself with despising his fellows.

  • — Somerset Mauham
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Quotes

Jack reminded the audience that over the past 30 years, the inflation-adjusted wage for the average American has not risen. But the rich are getting much richer. The top 1% of Americans has doubled their inflation-adjusted wealth. Throughout history, this type of scenario has ended badly.

—Jack Bogle
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