More insights from America’s moneymaker…
RICHARD BERNSTEIN (Chief US Strategist, Merrill Lynch & Co.)
Save. Save a lot and Save often.
Saving and Consumption are mutually exclusive. You can’t do both.
Most people think they’re saving for their retirement. Their credit card balances is compounding at 9% per year, whereas their investments are earning 8% per year. In other words, they’re “saving” at an interest rate of negative 1% per year!
PETER COHAN ( President, Peter S. Cohan & Associates)
7 Principles that Drive Corporate Value in any Economy
1. Value Human Relationships
2. Foster Teamwork
3. Experiment Frugally
4. Fulfill your commitments
5. Fight Complacency
6. Win through Multiple Means
7. Give to your Community
Posted by artgamolo 
