There will have to be rigid and iron discipline before we achieve anything great and enduring, and that discipline will not come by mere academic argument and appeal to reason and logic. Discipline is learnt in the school of adversity – Mohandas Gandhi

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 [...]

In The Difference Between Big Companies and Small Companies, I briefly quoted the Nobel Prize winner Richard Feynman, who was talking about an incident in which he was helping the California school board choose a set of science textbooks.  Feynman had given a poor review to a book that others has praised.  Here’s the whole [...]

To want to own a restaurant can be a strange and terrible affliction.  What causes such a destructive urge in so many otherwise sensible people?  Why would anyone who has worked hard, saved money and often been successful in other fields want to pump his hard-earned cash down a hole that statistically, at least, will [...]