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1 " The old rule of forecasting was to make as many forecasts as possible and publicise the ones you got right. The new rule is to forecast so far in the future, no one will know you got it wrong. "
― Ruchir Sharma , Breakout Nations: In Pursuit of the Next Economic Miracles
2 " the strongest corporate model is family owned but publicly traded and professionally managed. "
3 " Most gurus and forecasters are willing to give people what they want: exotic reasons to believe that they are in with the smart crowd. "
4 " The king tells him to keep going back until he can sense the danger in the stillness and the hope in the sunrise. To be fit to rule, the prince must be able to hear that which does not make a sound. "
― Ruchir Sharma , The Rise and Fall of Nations: Forces of Change in the Post-Crisis World
5 " The second step is to figure out whether the country has a political leader capable of rallying the popular will behind reform. "
6 " Trump and his supporters didn’t realize it, but in the four years before 2015, net migration from Mexico had fallen to zero, in part because construction jobs in the United States had been harder to find. This dynamic, with falling population growth in the emerging world reducing migration to the developed world, is likely to grow stronger in coming years. "
7 " once an economic indicator gets too popular, it loses its predictive value. "
8 " Only four companies—Proctor & Gamble, General Electric, AT&T, and DuPont—have survived on the Dow Jones index of the top-thirty U.S. industrial stocks since the 1960s. "
9 " Frédéric Dard, remarked, “It’s when you are paying your taxes that you realize you can’t afford the salary you earn. "
10 " More telling than the burst of speed was the stillness that preceded it. Big "
11 " Gini coefficient, scores "
12 " Aldous Huxley put it, “To travel is to discover that everyone is wrong about other countries. "
13 " By the middle of the last decade it seemed that every man and his dog could raise money for emerging markets. "
14 " THE OLD RULE OF FORECASTING was to make as many forecasts as possible and publicize the ones you got right. "
15 " The new rule is to forecast so far into the future that no one will know you got it wrong. "
16 " In 1600 China accounted for more than one-fourth of global GDP, and India accounted for just under a fourth. "
17 " the average length of time that American investors, both large and small, hold stocks has been falling for decades, from a peak of sixteen years in the mid-1960s to under four months today. "
18 " The total amount of funds flowing into emerging-market stocks grew by 92 percent between 2000 and 2005, and by a staggering 478 percent between 2005 and 2010. "
19 " no one can forecast the next century with any credibility and, more important, be held accountable for it. "
20 " After surging for more than three decades, flows of capital reached a historic peak of $9 trillion and a 16 percent share of the global economy in 2007, then declined to $1.2 trillion or 2 percent of the global economy— "
