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Then, by studying these groups for patterns, I could see fortunes rise and fall and people make money in new ways. A typical five-year period added between 100 and 150 new names to the list, I estimated. This implied that America offered an encouraging amount of room for upward mobility; no big surprise there but reassuring to see in the data. Yet at the same time, there were a few industries that consistently generated a substantial number of new fortunes in each five-year period.
The Stoic Capitalist
Robert Rosenkranz
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@KunalBSarkar on Twitter
As Julius Caesar sought to overthrow the Roman Republic, because its institutions were getting in his way, Cicero, his longtime rival, seemed to think chiefly of himself. In life and war, Cicero would later say, “one should choose the stronger side and reckon the safe course the better.”
Courage Is Calling
Ryan Holiday
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