There is hardly a mistake which in the course of our lives we have committed, but some proverb, had we known and attended to its lesson, might have saved us from it. – Richard Chenevix Trench, Proverbs and Their Lessons, 1905
Competitiveness is really what it costs you per man-hour to get you what you want. In other words, theres an education level that plays into the mix and so if its inexpensive to buy an hour of real good education in places like China versus the U.S., that factors in. – Ray Dalio