Values & belief

What is something everyone in your world agrees about that you think is wrong?

88 answers answered between 1963 and 2026

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Public figures who have answered a question like this elsewhere. Quoted from the source shown, not written for FLAPSS.

Charlie Munger Vice chairman of Berkshire Hathaway, 1978–2023
I realized very early that non-egality would work better in the parts of the world I wanted to inhabit. What do I mean by non-egality? I mean John Wooden, when he was the number one basketball coach in the world. He just said to the bottom five players, “You don't get to play. You're sparring partners.” The top seven did all the playing.
Recorded USC Gould School of Law commencement, 2007, Speakola, 2007 source ↗
John C. Bogle Founder of The Vanguard Group, 1974
Over the past two centuries, our nation has moved from being an agricultural economy, to a manufacturing economy, to a service economy, and now to a predominantly financial economy. But our financial economy, by definition, subtracts from the value created by our productive businesses. Think about it: while the owners of business enjoy the dividend yields and earnings growth that our capitalistic system creates, those who play in the financial markets capture those investment gains only after the costs of financial intermediation are deducted. Thus, while investing in American business is a winner's game, beating the stock market before those costs is a zero-sum game. But after intermediation costs are deducted, beating the market—for all of us as a group—becomes a loser's game.
Recorded Georgetown University commencement, Georgetown University / johncbogle.com, 18 May 2007 source ↗

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