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Right Attitudes

Ideas for Impact

Nagesh Belludi

Inspirational Quotations #737

May 20, 2018 By Nagesh Belludi

The tragedy of old age is not that one is old, but that one is young.
—Oscar Wilde (Irish Poet)

Man’s real life is happy, chiefly because he is ever expecting that it soon will be so.
—Edgar Allan Poe (American Poet)

Between two evils, choose neither; between two goods, choose both.
—Tryon Edwards (American Theologian)

Nothing strengthens authority so much as silence.
—Charles de Gaulle (French Head of State)

If a man is alive, there is always danger that he may die, though the danger must be allowed to be less in proportion as he is dead-and-alive to begin with. A man sits as many risks as he runs.
—Henry David Thoreau (American Philosopher)

The absence of alternatives clears the mind marvelously.
—Henry Kissinger (American Diplomat)

The superior man does not set his mind either for anything, or against anything; what is right he will follow.
—Confucius (Chinese Philosopher)

Only those who attempt the absurd will achieve the impossible.
—Miguel de Unamuno (Spanish Essayist)

Stop acting as if life is a rehearsal. Live this day as if it were your last. The past is over and gone. The future is not guaranteed.
—Wayne Dyer (American Motivational Writer)

Too much money is as demoralizing as too little, and there’s no such thing as exactly enough.
—Mignon McLaughlin (American Journalist)

All art is but imitation of nature.
—Seneca the Elder (Marcus Annaeus Seneca) (Roman Rhetorician)

Example has more followers than reason.—We unconsciously imitate what pleases us, and approximate to the characters we most admire.—A generous habit of thought and action carries with it an incalculable influence.
—Christian Nestell Bovee

What I dream of is an art of balance, of purity and serenity devoid of troubling or depressing subject matter … a soothing, calming influence on the mind, rather like a good armchair which provides relaxation from physical fatigue.
—Henri Matisse

Science is organized knowledge. Wisdom is organized life.
—Herbert Spencer (English Polymath)

The charm, one might say the genius, of memory is that it is choosy, chancy and temperamental; it rejects the edifying cathedral and indelibly photographs the small boy outside, chewing a hunk of melon in the dust.
—Elizabeth Bowen (Irish Novelist)

Live in my heart and pay no rent.
—Samuel Lover (Irish Songwriter)

Sometimes something worth doing is worth overdoing.
—David Letterman (American TV Personality)

Touched by beauty we enter the forefields of enlightenment. Flying higher and higher one may discover that there is nothing else but beauty. Isn’t it a pity that we’re not yet ready to keep it in permanent view?
—Hans Taeger

Filed Under: Inspirational Quotations

Risk Homeostasis and Peltzman Effect: Why Risk Mitigation and Safety Measures Become Ineffective

May 17, 2018 By Nagesh Belludi Leave a Comment

Risk Homeostasis and Peltzman Effect are two concepts relating to how humans react to risks.

Risk Homeostasis is the notion that our personal psychological frameworks comprise a target level of risk towards which we direct our efforts.

We measure risk on our own “risk thermostat.” Because the risk in our environment changes continuously, we are incessantly forced away from our target risk level, but revert toward it by counteracting those external influences.

If the perceived risk of a situation exceeds our target level, we undertake defensive actions to reduce the risk. And if the perceived risk is lower than our target level, we attempt to increase our risk back to our target level by exposing ourselves to dangerous actions.

Consequently, people take more risks when they’re forced to act more carefully. For instance, requiring motorcycle bikers to wear helmets may make them take more risks—to maintain their level of thrill, not to get into accidents.

Peltzman Effect is the notion that people respond to increased safety by adding new risks. The namesake, economist Sam Peltzman, argued in 1975 that when automobile safety rules were introduced, at least some of the benefits of the new safety rules were counterbalanced by changes in the behavior of drivers. Peltzman posited that making seatbelts mandatory for cars resulted in reducing the number of occupant fatalities, but increased pedestrian casualties and collision-related property damages.

Peltzman made a case that even though seatbelts reduced the risk of being severely injured in an accident, drivers compensated by driving aggressively and carelessly—driving closer to the car ahead of them, for instance—so as to save time or maintain their level of thrill, even at the risk of causing damage beyond themselves and their cars.

Risk Homeostasis and Peltzman Effect remain controversial theories. Despite their apparent relevance, the prevailing evidence remains inadequate and inconclusive about how people behave less cautiously when they feel more protected and vice versa.

Further, Risk Homeostasis and Peltzman Effect challenge the foundations of safety and injury-prevention policies. They assert that the only effective safety measures are those that alter individuals’ desired risk level. Anything that barely modifies the environment or regulates individuals’ behavior without affecting their target risk levels is useless.

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Filed Under: Mental Models, Sharpening Your Skills Tagged With: Biases, Decision-Making, Discipline, Mental Models, Personality, Risk, Thought Process

Inspirational Quotations #736

May 13, 2018 By Nagesh Belludi

A fool, misled by his own folly, is often burnt by his own anger because of his showing off with malicious intention.
—Buddhist Teaching

If there was nothing wrong in the world there wouldn’t be anything for us to do.
—George Bernard Shaw (Irish Playwright)

Do your best every day and your life will gradually expand into satisfying fullness.
—Horatio Dresser (American New Thought Religious Leader)

Science is a first-rate piece of furniture for a man’s upper chamber, if it has common sense on the ground floor.
—Oliver Wendell Holmes, Sr. (American Physician)

It is dangerous to be sincere unless you are also stupid.
—George Bernard Shaw (Irish Playwright)

Since he has evil desire, does not listen to his own conscience nor pay attention to the doctrine, he will have to face sin and thereby enter the lower plane of existence.
—Buddhist Teaching

Real compassion does not arise from an over-emotional gut blocking the brain, but from a clean clear mind melting into the heart.
—Hans Taeger

To die will be an awfully big adventure.
—J. M. Barrie (Scottish Novelist)

Science and art are only too often a superior kind of dope, possessing this advantage over booze and morphia: that they can be indulged in with a good conscience and with the conviction that, in the process of indulging, one is leading the “higher life.”
—Aldous Huxley (English Humanist)

The true object of all human life is play. Earth is a task garden; heaven is a playground.
—G. K. Chesterton (English Journalist)

A new and valid idea is worth more than a regiment and fewer men can furnish the former than command the latter.
—Oliver Wendell Holmes, Jr. (American Jurist)

Knowledge comes, but wisdom lingers. It may not be difficult to store up in the mind a vast quantity of facts within a comparatively short time, but the ability to form judgments requires the severe discipline of hard work and the tempering heat of experience and maturity.
—Alfred, Lord Tennyson (British Poet)

The secret of success in society is a certain heartiness and sympathy. A man who is not happy in company, cannot find any word in his memory that will fit the occasion; all his information is a little impertinent. A man who is happy there, finds in every turn of the conversation occasions for the introduction of what he has to say. The favorites of society are able men, and of more spirit than wit, who have no uncomfortable egotism, but who exactly fill the hour and the company, contented and contenting.
—Ralph Waldo Emerson (American Philosopher)

Filed Under: Inspirational Quotations

Inspirational Quotations #735

May 6, 2018 By Nagesh Belludi

Literature is without proofs. By which it must be understood that it cannot prove, not only what it says, but even that it is worth the trouble of saying it.
—Roland Barthes (French Literary Theorist)

There are twallied powers in man; knowledge and wisdom. Knowledge is so much of the truth seen in a distorted medium as the mind arrives at by groping, wisdom what the eye of divine vision sees in the spirit.
—Sri Aurobindo (Indian Yogi, Nationalist)

The better part of courage is the courage of having done the thing before.
—Ralph Waldo Emerson (American Philosopher)

I’ve always believed in writing without a collaborator, because when two people are writing the same book, each believes he gets all the worries and only half the royalties.
—Agatha Christie (British Novelist)

You are unique, and if that is not fulfilled then something has been lost.
—Martha Graham (American Choreographer)

The human heart is like a ship on a stormy sea driven about by winds blowing from all four corners of heaven.
—Martin Luther (German Protestant Theologian)

A leader who doesn’t hesitate before he sends his nation into battle is not fit to be a leader.
—Golda Meir (Israeli Head of State)

If the abstract rights of man will bear discussion and explanation, those of women, by a parity of reasoning, will not shrink from the same test: though a different opinion prevails in this country.
—Mary Wollstonecraft (British Children’s Books Writer)

The human story does not always unfold like a mathematical calculation on the principle that two and two make four. Sometimes in life they make five or minus three; and sometimes the blackboard topples down in the middle of the sum and leaves the class in disorder and the pedagogue with a black eye.
—Winston Churchill (British Head of State)

I attribute the little I know to my not having been ashamed to ask for information, and to my rule of conversing with all descriptions of men on those topics that form their own peculiar professions and pursuits.
—John Locke (English Philosopher)

Leaders keep their eyes on the horizon, not just on the bottom line.
—Warren Bennis (American Scholar)

Of all follies there is none greater than wanting to make the world a better place.
—Moliere (French Playwright)

The greatest things are accomplished by individual people, not by committees or companies.
—Alfred A. Montapert

There are two ways of exerting one’s strength; one is pushing down, the other is pulling up.
—Booker T. Washington (American Educator)

Men lose their tempers in defending their taste.
—Ralph Waldo Emerson (American Philosopher)

The one prudence of life is concentration.
—Ralph Waldo Emerson (American Philosopher)

Filed Under: Inspirational Quotations

Inspirational Quotations #734

April 29, 2018 By Nagesh Belludi

The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next.
—Ursula K. Le Guin (Science-fiction writer)

Our ideals are our better selves.
—Amos Bronson Alcott (American Teacher)

Now it is a funny thing about life; if you refuse to accept anything but the best you very often get it.
—W. Somerset Maugham (French Playwright)

Action and faith enslave thought, both of them in order not be troubled or inconvenienced by reflection, criticism, and doubt.
—Henri Frederic Amiel (Swiss Philosopher)

In the beginning you must subject yourself to the influence of nature. You must be able to walk firmly on the ground before you start walking of a tightrope.
—Henri Matisse

The only true happiness comes from squandering ourselves for a purpose.
—John Mason Brown (American Columnist)

Pain is inevitable. Suffering is optional.
—Buddhist Teaching

Remember, you can earn more money, but when time is spent is gone forever.
—Zig Ziglar (American Author)

Our religion is itself profoundly sad—a religion of universal anguish, and one which, because of its very catholicity, grants full liberty to the individual and asks no better than to be celebrated in each man’s own language—so long as he knows anguish and is a painter.
—Charles Baudelaire (French Poet)

The mortality of all inanimate things is terrible to me, but that of books most of all.
—William Dean Howells (American Novelist)

Life marks us all down, so it’s just as well that we start out by overpricing ourselves.
—Mignon McLaughlin (American Journalist)

Art is the beautiful way of doing things. Science is the effective way of doing things. Business is the economic way of doing things.
—Elbert Hubbard (American Writer)

Stars may be seen from the bottom of a deep well, when they cannot be discerned from the top of a mountain? So are many things learned in adversity which the prosperous man dreams not of?
—Charles Spurgeon (British Baptist Preacher)

If an idiot were to tell you the same story every day for a year, you would end by believing him.
—Edmund Burke (Irish Political leader)

It is a fine thing to have ability, but the ability to discover ability in others is the true test.
—Elbert Hubbard (American Writer)

Honor is like an island, rugged and without a landing-place; we can nevermore re-enter when we are once outside of it.
—Nicolas Boileau-Despreaux

Common experience shows how much rarer is moral courage than physical bravery. A thousand men will march to the mouth of the cannon where one man will dare espouse an unpopular cause.
—Clarence Darrow (American Lawyer)

Filed Under: Inspirational Quotations

Inspirational Quotations #733

April 22, 2018 By Nagesh Belludi

In a balanced organization, working towards a common objective, there is success.
—Arthur Helps (English Dramatist)

Why slap them on the wrist with feather when you can belt them over the head with a sledgehammer.
—Katharine Hepburn (American Actor)

The most manifest sign of wisdom is continued cheerfulness; her estate is like that of the things in the regions above the moon, always clear and serene.
—Michel de Montaigne (French Philosopher)

Power is the ultimate aphrodisiac.
—Henry Kissinger (American Diplomat)

Having once decided to achieve a certain task, achieve it at all costs of tedium and distaste. The gain in self-confidence of having accomplished a tiresome labor is immense.
—Arnold Bennett (British Novelist)

The vices we scoff at in others, laugh at us within ourselves.
—Thomas Browne (English Christian Author)

The doorstep to the temple of wisdom is a knowledge of our own ignorance.
—Charles Spurgeon (British Baptist Preacher)

Better little prayer with devotion than much without devotion.
—The Talmud (Sacred Text of the Jewish Faith)

The extent of your consciousness is limited only by your ability to love and to embrace with your love the space around you, and all it contains.
—Napoleon I (French Monarch)

If you must make a mistake, make a new one each time.
—Dale Carnegie (American Author)

The world is not dangerous because of those who do harm but because of those who look at it without doing anything.
—Albert Einstein (German-born Theoretical Physicist)

Nothing is difficult, it is only we who are indolent.
—Benjamin Haydon (English Painter)

Great designs are not accomplished without enthusiasm of some sort.—It is the inspiration of everything great.—Without it no man is to be feared, and with it none despised.
—Christian Nestell Bovee

While I do not suggest that humanity will ever be able to dispense with its martyrs, I cannot avoid the suspicion that with a little more thought and a little less belief their number may be substantially reduced.
—J. B. S. Haldane (British Biologist)

There’s no need to hang about waiting for the last judgment. It takes place every day.
—Albert Camus (Algerian-born French Philosopher)

Success requires first expending ten units of effort to produce one unit of results. Your momentum will then produce ten units of results with each unit of effort.
—Charles J. Givens (American Self-Help Writer)

We cannot teach people anything; we can only help them discover it within themselves.
—Galileo Galilei (Italian Astronomer)

When a man has done all he can do, still there is a mighty, mysterious agency over which he needs influence to secure success. The only way he can reach it is by prayer.
—Russell Conwell (American Baptist Minister)

Filed Under: Inspirational Quotations

Inspirational Quotations #732

April 15, 2018 By Nagesh Belludi

Life is a great bundle of little things.
—Oliver Wendell Holmes, Sr. (American Physician)

All this will not be finished in the first one hundred days. Nor will it be finished in the first thousand days, nor in the life of this administration, nor even perhaps in our lifetime on this planet. But let us begin.
—John F. Kennedy (American Head of State)

Keep your eyes on the stars and your feet on the ground.
—Theodore Roosevelt (American Head of State)

In reality, we are still children. We want to find a playmate for our thoughts and feelings.
—Wilhelm Stekel (Austrian Physician)

An artist is somebody who produces things that people don’t need to have.
—Andy Warhol (American Painter)

The morning, pouring everywhere, its golden glory on the air.
—Henry Wadsworth Longfellow (American Poet)

It’s true hard work never killed anybody, but I figure, why take the chance?
—Ronald Reagan (American Head of State)

To become a popular religion, it is only necessary for a superstition to enslave a philosophy.
—William Ralph Inge (English Anglican Clergyman)

An aspiration is a joy forever, a possession as solid as a landed estate, a fortune which we can never exhaust and which gives us year by year a revenue of pleasurable activity.
—Robert Louis Stevenson (Scottish Novelist)

Who put up that cage? Who hung it up with bars, doors? Why do those on the inside want to get out? Why do those outside want to get in? What is this crying inside and out all the time? What is this endless, useless beating of baffled wings at these bars, doors, this cage?
—Carl Sandburg (American Children’s Books Writer)

I believe that being successful means having a balance of success stories across the many areas of your life. You can’t truly be considered successful in your business life if your home life is in shambles.
—Zig Ziglar (American Author)

I have an everyday religion that works for me. Love yourself first, and everything else falls into line.
—Lucille Ball (American Actor)

To listen is an effort, and just to hear is no merit. A duck hears also.
—Igor Stravinsky (Russian-born American Composer)

Youth is wasted on the young.
—George Bernard Shaw (Irish Playwright)

Don’t be afraid to stumble. Any inventor will tell you that you don’t follow a plan far before you strike a snag. If, out of 100 ideas you get one that works, it’s enough.
—Charles F. Kettering (American Inventor)

People have many different kinds of pleasure. The real one is that for which they will forsake the others.
—Marcel Proust (French Novelist)

Courage is rightly esteemed the first of human qualities because as has been said, it is the quality which guarantees all others.
—Winston Churchill (British Head of State)

Filed Under: Inspirational Quotations

Shrewd Leaders Sometimes Take Liberties with the Truth to Reach Righteous Goals

April 12, 2018 By Nagesh Belludi 1 Comment

Duplicity must be decried when used to justify the attainment and exercise of power. However, sometimes, even principled leaders must put on an act to realize noble ends—infuse optimism to surmount hopelessness, win followers’ devotion to audacious new ideas, for example.

In the Zen parable that follows, a warrior motivates his followers in the face of desperate odds. He persuades his outnumbered army by flipping an unfair coin and proclaiming that they are fated to win the battle.

A great Japanese warrior named Nobunaga decided to attack the enemy although he had only one-tenth the number of men the opposition commanded. He knew that he would win, but his soldiers were in doubt.

On the way he stopped at a Shinto shrine and told his men: “After I visit the shrine I will toss a coin. If heads comes, we will win; if tails, we will lose. Destiny holds us in her hand.”

Nobunaga entered the shrine and offered a silent prayer. He came forth and tossed a coin. Heads appeared. His soldiers were so eager to fight that they won their battle easily.

“No one can change the hand of destiny,” his attendant told him after the battle.

“Indeed not,” said Nobunaga, showing a coin which had been doubled, with heads facing either way.

Idea for Impact: Moral Leadership Relates to the Integrity of Leaders and Their Intentions

A wise leader must be open to bringing deception into play to smooth the way to sound decisions and noble results.

As long as leaders use these methods to respectable purposes, and until people wise up to their methods, certain ends can justify certain means.

Postscript: The quoted Zen parable is sourced from the celebrated compilation Zen Flesh, Zen Bones: A Collection of Zen and Pre-Zen Writings, Shambhala Edition (1961) by Paul Reps. This book traces its roots to the thirteenth-century Japanese anthology of Buddhist parables Shasekishū (Sand and Pebbles) compiled by the Kamakura-era monk Mujū.

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Filed Under: Leadership, Managing People Tagged With: Attitudes, Buddhism, Discipline, Ethics, Getting Ahead, Humility, Integrity, Leadership, Motivation, Parables, Role Models, Wisdom

Is IBM Becoming Extinct?

April 9, 2018 By Nagesh Belludi Leave a Comment

Change Forces Leaders to See Business Models Afresh and Imagine New Paradigms

The American venture capitalist Guy Kawasaki often tells the following story about the need for entrepreneurs to adapt themselves to emerging market settings and stay relevant.

In the latter part of the nineteenth century, a sizeable ice cutting and trade industry flourished in the US Northeast. Harvesters sawed off blocks of ice from frozen lakes and rivers, and transported and sold them for industrial and commercial consumption around the world. The biggest consignment of natural ice weighed some 200 tons; half of it thawed en route to India, but the remaining 100 tons of ice returned a profit.

In due course, the invention of icemaking machines caused the downfall of the natural ice harvesting industry. Anybody needing ice could purchase artificial ice during any season from ice factories. As a sign of the times, the trade publication Ice Trade Journal changed its name to Refrigerating World.

Subsequently, the emerging popularity of commercial and domestic refrigeration units put the ice factories out of business. Residences, stores, and businesses could make their own ice conveniently and maintain cold storage.

The Best Leaders Anticipate Change and Nurture Their Own Innovations

During the first of the aforementioned disruptions, according to Kawasaki, the ice harvesters did not recognize the benefits of industrial ice-making and did not adapt to the revolution in their industry. Instead, they chose to defend their existing trade—they continued to innovate sawing equipment, invest in efficient storage, and improve their rail- and ship-transportation systems.

Correspondingly, the industrial icemakers of the following generation never embraced or adapted to the emerging advent of consumer refrigeration.

The take away lesson is that many successful companies are so set in their ways that they don’t pivot themselves when they face disruption in their industries.

Successful Companies Can Become Victims of Their Own Success

Kawasaki’s anecdote illustrates how disruption drives many companies into stagnation. Every so often, entire industries vanish into oblivion.

Major economic disruptions can compel companies to question what they stand for. Sadly, many companies choose to defend their existing domains instead of raising their technological edge and reinventing their products, services, and brands.

When the fundamentals of a time-honored business drastically change, the most successful companies are often the slowest to recognize the shifts and pivot. Well-established in the comfort of routine and stability, they entrench deeper into their tried-and-true formulae. As described in Harvard strategy professor Clayton Christenson’s well-known thesis The Innovator’s Dilemma, the strategic inertia often gets companies with at-risk, but established business models into a state of denial. Consequently, they refute the challenges posed by fiery startups.

Can IBM Beat the Odds?

IBM has fought off a technological and economic disruption once before. During the 1980s, IBM fell from glory, but got reborn as a vibrant corporation after Lou Gerstner became CEO in 1993. He redefined IBM’s businesses, fortified its value proposition, and changed the mindset of the company, its employees, and its customers. As Gerstner detailed in his bestselling biography about IBM’s reinvention, Who Says Elephants Can’t Dance?: Inside IBM’s Historic Turnaround (2002,) this was an astonishing achievement given how deeply-rooted IBM was in its existing, but increasingly irrelevant business model.

At present, IBM is struggling in the midst of yet another digital revolution—one that is exemplified by the commoditization of hardware and the enterprise-adoption of cloud computing. Shackled with legacy business models of older, less-differentiated products and services, IBM has struggled to catch-up with cloud platforms offered by Amazon, Microsoft, and Google.

Instead of reckoning honestly with the growing shift to cloud-based services, IBM has concentrated for far too long on its Wall Street-pleasing financial shenanigans (buying back shares to prop up earnings-per-share, cutting costs, firing employees, reducing tax rates, selling less-profitable operations, and the rest.)

The jury is still out on the long-term success of IBM’s much-ballyhooed Watson platform and its cloud computing initiatives. What makes this cycle of disruption worse is that IBM faces aggressive competitors who are pushing profit margins toward zero in a bid to dislodge IBM’s historical footing in the enterprise IT landscape and to establish dominance.

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Filed Under: Managing Business Functions, The Great Innovators Tagged With: Leadership Lessons, Parables, Strategy

Inspirational Quotations #731

April 8, 2018 By Nagesh Belludi

When we honestly ask ourselves which person in our lives mean the most to us, we often find that it is those who, instead of giving advice, solutions, or cures, have chosen rather to share our pain and touch our wounds with a warm and tender hand. The friend who can be silent with us in a moment of despair or confusion, who can stay with us in an hour of grief and bereavement, who can tolerate not knowing, not curing, not healing and face with us the reality of our powerlessness, that is a friend who cares.
—Henri Nouwen (Dutch Catholic Priest)

Honesty is the best policy. If I lose mine honor, I lose myself.
—William Shakespeare (British Playwright)

All cruel people describe themselves as paragons of frankness.
—Tennessee Williams (American Playwright)

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.
—Theodore Roosevelt (American Head of State)

The creative individual has the capacity to free himself from the web of social pressures in which the rest of us are caught. He is capable of questioning the assumptions that the rest of us accept.
—John W. Gardner (American Government Official)

A good character is the only guarantee of everlasting, carefree happiness.
—Seneca the Younger (Lucius Annaeus Seneca) (Roman Philosopher)

The worst sin towards our fellow creatures is not to hate them, but to be indifferent to them: That’s the essence of inhumanity.
—George Bernard Shaw (Irish Playwright)

No man is happy who does not think himself so.
—Publilius Syrus (Syrian-born Latin Writer)

The birds are moulting. If man could only moult also—his mind once a year it’s errors, his heart once a year it’s useless passions.
—James Lane Allen (American Novelist)

A traveler of taste will notice that the wise are polite all over the world, but the fool only at home.
—Oliver Goldsmith (Irish Author)

Filed Under: Inspirational Quotations

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About: Nagesh Belludi [hire] is a St. Petersburg, Florida-based freethinker, investor, and leadership coach. He specializes in helping executives and companies ensure that the overall quality of their decision-making benefits isn’t compromised by a lack of a big-picture understanding.

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