

“When unions get higher wages for their members by restricting entry into an occupation, those higher wages are at the expense of other workers who find their opportunities reduced. When government pays its employees higher wages, those higher wages are at the expense of the taxpayer. But when workers get higher wages and better working conditions through the free market, when they get raises by firm competing with one another for the best workers, by workers competing with one another for the best jobs, those higher wages are at nobody's expense. They can only come from higher productivity, greater capital investment, more widely diffused skills. The whole pie is bigger - there's more for the worker, but there's also more for the employer, the investor, the consumer, and even the tax collector.
That's the way the free market system distributes the fruits of economic progress among all people. That's the secret of the enormous improvements in the conditions of the working person over the past two centuries.”
― Free to Choose: A Personal Statement
That's the way the free market system distributes the fruits of economic progress among all people. That's the secret of the enormous improvements in the conditions of the working person over the past two centuries.”
― Free to Choose: A Personal Statement

“I would rather be certain of a good result than hopeful of a great one.”
― The Essays of Warren Buffett : Lessons for Corporate America
― The Essays of Warren Buffett : Lessons for Corporate America

“Having firstrate people on the team is more important than designing hierarchies and clarifying who reports to whom”
― The Essays of Warren Buffett: Lessons for Corporate America
― The Essays of Warren Buffett: Lessons for Corporate America

“If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.”
― The Essays of Warren Buffett : Lessons for Corporate America
― The Essays of Warren Buffett : Lessons for Corporate America
David’s 2024 Year in Books
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