Applicable Words of Wisdom

WE UNDERSTAND, WITH REGARD TO LEAP, YOU ARE CONTEMPLATING A NEW PARADIGM IN YOUR LIFE.  WE WANT YOU TO THINK CAREFULLY, SO THAT YOU ARE CONFIDENT.  AT SUCH TIMES, OTHER’S WISDOM IS AS A PRISM, HELPING TO VIEW THE SPECTRUM OF A DYNAMIC’S ENTIRETY.

 

DECISION MAKING – WE MAKE NO PROPOSALS.  WE EDUCATE, GUIDE AND WALK WITH OUR CLIENTS THROUGH THE PROCESS, UNTIL THEY HAVE COMPLETE UNDERSTANDING FOR EACH AND EVERY DECISION.

 

“… some things are believed because they are demonstrably true.  But, many other things are believed because they are consistent with a widely held vision of the world – and this vision is accepted as a substitute for facts.  Subjecting beliefs to the test of hard facts is especially important when it comes to economic beliefs because economic realities are inescapable limitations on millions of people’s lives.  So that policies based on fallacies can be devastating in their impacts.  Conversely, seeing through those fallacies can open up many unsuspected opportunities for a better life for millions of people.”

– Thomas Sowell, “Economic Facts and Fallacies”

 

“We don’t see things as they are; we see things as we are.”

– Anais Nin, French writer and diarist

 

“What each man wishes, he also believes to be true.”

– Demonsthenes

 

“It is the characteristic excellence of the strong man that he can bring momentous issues to the fore and make a decision about them.  The weak are always forced to decide between alternatives they have not chosen for themselves.”

– Dietrich Bonhoeffer

 

“’Follow the sacredness’ – once sacred, you become blind to reality, evidence.

– Jonathan Hardt

 

“It ain’t what you don’t know that gets you into trouble.  Its’ what you know for sure that just ain’t so.”

– Mark Twain

 

“Be bold in what you stand for and careful what you fall for.”

– Ruth Boorstin, writer and poet

 

“The voyage of discovery is not in seeking new landscapes but in having new eyes.”

– Marcel Proust, French writer

 

“Judge a man by his questions rather than his answers.”

– Voltaire

 

“The most natural way to think about a decision is not always the best way to make the decision.”

– Daniel Khaneman, psychologist, Princeton U., winner of the 2002 Nobel prize for economics

 

“The tendency to claim God as an ally for our partisan value and ends is the source of all religious fanaticism.”
– Reinhold Niebuhr

 

“The important thing is not to stop questioning.”

“You cannot solve a problem with the same mindset that created it.”

“If I had 60 minutes to solve a problem and my life depended on it, I’d spend 55 minutes determining the right question to ask.  Once I got the right question, I could easily answer it in 5 minutes.”

– Albert Einstein

 

 

HAPPINESS – OUR CLIENTS LEARN HOW TO ENJOY MORE OF THEIR WEALTH NOW AND THROUGHOUT THEIR LIFE.  THEY ARE HAPPY BECAUSE BY RETIREMENT, THEY WILL HAVE INCREASED THEIR INCOME FLOW, FLEXIBILITY, LOWERED RISK, ALL WITH NO FEAR OF OUTLIVING THEIR MONEY.

 

“Worry does not empty tomorrow of its sorrow; it empties today of its strength.”

-Corrie ten Boom, Dutch writer

 

“I ask not for a lighter burden, but for broader shoulders.”

-Jewish proverb

 

“The desire of gold is not for gold.  It is for the means of freedom and benefit.”

– Ralph Waldo Emerson

 

“Everything that can be counted doesn’t count, and not everything that counts can be counted.”

– Albert Einstein

 

 

VELOCITY OF MONEY MULTIPLIER – THE FINANCIAL INSTITUTIONS ADVICE TO YOU ENABLES THEM TO CREATE THIS FOR THEMSELVES.  THIS IS ONLY POSSIBLE BECAUSE, HIDDEN WITHIN THEIR ADVICE, YOUR CAPITAL BECOMES THEIR COLLATERAL, THEIR BALLAST.  OUR CLIENTS LEARN HOW TO APPLY THESE IN THEIR LIFE, AND LIKEWISE, BE GREATLY REWARDED.

 

“The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.”

– John Bogle, The Little Book of Common Sense Investing, 2007

 

“There is no master plan that can anticipate change; that is why we should always be in motion.”

– Robert Galvin

 

“Don’t judge each day by the harvest you reap but by the seeds that you plant.”

– Robert Louis Stevenson, Scottish novelist, poet and essayist

 

“There can be no economy where this is no efficiency.”

– Benjamin Disraeli

 

 

THE LEAP PROCESS – OUR PRINCIPLES ARE FEW, UNDERSTANDABLE AND ACHIEVABLE.  THEY STAND THE TEST OF THIRTY YEARS – TRUTH TRANSCENDS TIME.  WE APPLY THEM USING THE SCIENTIFIC METHOD ON AN ECONOMETRIC MODEL – SIMILAR TO EVERY OTHER FIELD OF SCIENCE, MEDICINE, ENGINEERING – ALL TRUE AND SOUND PROFESSIONS.

 

“A single conversation across the table with a wise man is worth a month’s study of books.”

-Chinese proverb

 

“Give me six hours to chop down a tree and I will spend the first four sharpening the axe.”

-Abraham Lincoln, 16th U.S. president

 

“The best preparation for tomorrow is to do today’s work superbly well.”

-William Osler, Canadian physician

 

“The noblest pleasure is the joy of understanding.”

-Leonardo da Vinci, Italian artist, scientist and writer

 

“Truth isn’t always beauty, but the hunger for it is.”

-Nadine Gordimer, South African writer and political activist

 

“Knowledge comes, but wisdom lingers.”

-Alfred, Lord Tennyson, British poet

 

“People don’t need extraordinary insight or intelligence.  What they need most is the character to adopt simple rules and stick to them.”

-Benjamin Graham, professor and mentor to Warren Buffett, considered father of securities analysis.

 

“We never understand a thing so well, and make it our own, as when we have discovered it for ourselves.”

-Rene Descartes, French mathematician, philosopher

 

“The most important part of planning is the process, the plan itself becomes worthless quickly.”

“The best way to predict the future is to create it.”

– Peter Drucker

 

 

TRADITIONAL FINANCIAL PLANNING – USES DEDUCTIVE REASONING PREDOMINANTLY, WITH NO SCIENTIFIC METHODOLOGY.  YOU ARE ASKED TO PICK A POINT DECADES FROM NOW, AND TO PRESUME FINANICAL DETAILS AT THAT FAR OFF POINT.  FROM THAT, THEY WORK BACKWARDS TO TELL YOU WHAT TO DO TODAY.  WHAT YOU EARN, TECHNOLOGY, WHAT THE WORLD LOOKS LIKE – TODAY; HOW DOES IT COMPARE TO WHAT YOU IMAGINED JUST TWENTY YEARS AGO?

 

“Prediction is very difficult, especially if it’s about the future.”

– Niels Bohr, Danish Physicist, Nobel Prize for Physics, 1922

 

“Distrust interested advice.”

-Aesop, Greek fable writer

 

“follow the sacredness” – once sacred, you become blind to reality, evidence.

– Jonathan Hardt, The righteous mind.

 

“It ain’t what you don’t know that gets you into trouble.  Its’ what you know for sure that just ain’t so.”

– Mark Twain

 

“Only a fool tests the depth of the water with both feet.”

-African proverb

 

“Be bold in what you stand for and careful what you fall for.”

– Ruth Boorstin, writer and poet

 

“The most natural way to think about a decision, is not always the best way to make the decision.”

– Daniel Khaneman, Pyschologist, Princeton U, winner of the 2002 Nobel prize for economics

 

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people, who pay no price for being wrong.”

– Thomas Sowell

 

“Anyone who conducts an argument by appealing to authority is not using his intelligence; he is just using his memory.”

-Leonardo da Vinci, Italian artist

 

“There is no greater impediment to the advancement of knowledge than the ambiguity of words.”

– Thomas Reid, Scottish philosopher

 

“Mere precedent is a dangerous source of authority.”

-Andrew Jackson, 7th U.S. president

 

 

THE FINANCIAL INDUSTRY – FORD MAKES CARS, BOEING MAKES JETS, WHAT DOES THIS INDUSTRY PRODUCE?  THEY TAKE IN PEOPLE’S MONEY, AND THEN GIVE IT BACK.  YET, THEY NEVER FAIL TO HAVE ANNUAL NET PROFIT’S OVER 20%.  AT THE SAME TIME, THEY ARE ESSENTIAL TO – EACH PERSON, OUR NATION’S FABRIC, EVEN ENABLING THE FLUIDITY OF OUR ECONOMY.  BUT, IS THERE ANY REASON THEY CAN’T BE USED TO YOUR ADVANTAGE?  OUR CLIENTS LEARN HOW TO INTERACT WITH THEM – ON THEIR TERMS, AND TO THEIR DESIRED BENEFIT.

 

“If you don’t know who you are, Wall Street is an expensive place to find out.”

– Adam Smith

 

“I believe that banking institutions are more dangerous to our liberties than standing armies.”

– Thomas Jefferson

 

“Never forget that only dead fish swim with the stream.”

“People do not believe lies because they have to, but because they want to.”

– Malcolm Muggeridge

 

“It’s amazing how difficult it is for a man to understand something if he’s paid a small fortune not to understand it.”

– Upton Sinclair

 

“Where is the wisdom we lost in knowledge?  Where is the knowledge we lost in information?”

– T.S. Eliot

 

“The greatest obstacle to discovering the shape of the earth, the continents, and the oceans was not ignorance – it was the illusion of knowledge.”

– Daniel Boorstin, historian

 

Verites Pial

P.O. Box 1072 Marmora, NJ 08223

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