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Coaches Hot Seat Quotes of the Day – Tuesday, December 4, 2012 – JP Morgan

Coaches Hot Seat Quotes of the Day – Tuesday, December 4, 2012 – JP Morgan

“A man always has two reasons for doing anything: a good reason and the real reason.”

And

“Go as far as you can see; when you get there, you’ll be able to see farther.”

And

“If you have to ask how much it costs, you can’t afford it.”

And

‘No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.”

And

“Well, I don’t know as I want a lawyer to tell me what I cannot do. I hire him to tell how to do what I want to do.”

And

“When you expect things to happen – strangely enough – they do happen.”

And

“A man approached JP Morgan, held up an envelope, and said, “Sir, in my hand I hold a guaranteed formula for success, which I will gladly sell you for $25,000.” JP Morgan replied: “I do not know what is in the envelope, however if you show me, and I like it, I give you my word as a gentlemen that I will pay you what you ask.” The man agreed to the terms, and handed over the envelope. JP Morgan opened it, and extracted a single sheet of paper. He gave it one look, a mere glance, then handed the piece of paper back to the gent. And paid him the agreed-upon $25,000.

The Paper:

1. Every morning, write a list of things that need to be done that day.

2. Do them.”

And

“Of all forms of tyranny the least attractive and the most vulgar is the tyranny of mere wealth, the tyranny of plutocracy”

And

“The wise man bridges the gap by laying out the path by means of which he can get from where he is to where he wants to go.”

And

“Asked: “Is not commercial credit based primarily upon money or property?”
“No sir,” replied Morgan. “The first thing is character.”
“Before money or property?”
“Before money or anything else. Money cannot buy it…Because a man I do not trust could not get money from me on all the bonds in Christendom.”

And

“I made a fortune getting out too soon.”

Wikipedia Page:  JP Morgan

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