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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%4:00 PM EST
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To: arun gera who wrote (85127)12/28/2011 4:35:52 AM
From: Maurice Winn2 Recommendations  Read Replies (1) of 217682
 
Arun, I'm increasingly thinking that rule of law is not the main issue but Virtuous Victorian Values which have no need of rule of law. < .I would rather agree with MQ that rule of law and innovation are very important. When those are present along with favorable demographics, size,and capital; magic happens. > I feel tainted whenever I have recourse to law and lawyers. Anyone who requires a contract to keep them in line is not a person worth dealing with. Which is not to say it's not a good idea to write down the contract so that everyone is clear where they stand.

Dealing with reputable people is the name of the game. People who have a far higher sense of their own value and being respected than any gain they might get from a swindling transaction are the good ones.

Years ago [during my BP Oil days] I pondered in depth the reasons people buy. It's not the usual reasons given such as great features, excellent benefits and good personal service with a big consumer surplus [though those things are essential ingredients]. It's about mutual identity formation. The money is just a sort of measuring device and scoreboard.

That's why empathy is one of the two essential ingredients in successful sales people.

Mqurice
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