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— Napoleon Bonaparte"The first quality of the commander-in-chief is a cool head to receive a correct impression of things. He should not allow himself to be confused by either good or bad news."
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The willingness to hear hard truth is vital not only for CEOs of big corporations but also for anyone who loves the truth. Sometimes the truth sounds like bad news, but it is just what we need.
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The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.
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