In theory there is no difference between theory and practice. In practice there is
Yogi Berra
In theory there is no difference between theory and practice. In practice there is.”
Yogi Berra
In theory there is no difference between theory and practice. In practice there is.”
Ariely, Dan (2009-06-06). Predictably Irrational
I don’t want to live the life of a Boxster,” he told the New York Times, “because when you get a Boxster you wish you had a 911, and you know what people who have 911s wish they had? They wish they had a Ferrari.”
Ariely, Dan (2009-06-06). Predictably Irrational
As H. L. Mencken, the twentieth-century journalist, satirist, social critic, cynic, and freethinker noted, a man’s satisfaction with his salary depends on (are you ready for this?) whether he makes more than his wife’s sister’s husband. Why the wife’s sister’s husband? Because (and I have a feeling that Mencken’s wife kept him fully informed of her sister’s husband’s salary) this is a comparison that is salient and readily available.”
Writer Laurence Peter
An economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.”
– Jim Rickards
One of my favorite quotes on the topic of gold is attributed to Lord Nathan Rothschild, a legendary 19th-century banker and gold broker to the Bank of England.
He said, “I only know of two men who really understand the true value of gold — an obscure clerk in the basement vault of the Banque de Paris and one of the directors of the Bank of England. Unfortunately, they disagree.”
French statesman Tallerand on America:
[A country] with thirty-two religions and only one dish to eat.’