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Greenspan’s famous law

If you think you understand what I said, that you must have misunderstood my meaning.

2. Human nature itself leads to panic when the market falls and greed when the market rises. Overreaction and panic are just human nature.

Humanity itself rises the city led to a sell-off panic and greed. Overreaction of panic, it is human nature.

3. I made a mistake, assuming that self-interested banks and other institutions have the will and ability to protect their investors, the bank's assets and the bank's survival.

i made a mistake, assuming those from institutions such as banks, will also have the ability to protect its investors, the banks assets and the survival of the bank.

4 Some people say that Christopher Columbus was the first economist. When he set out on his journey to discover America, he had no idea where his destination was; when he set foot on America, he had no idea where he was. Most importantly, all of this is done with government funding.

5. A conceptually important reminder should be noted here, that is, we live in a new economy, and it involves knowledge of human psychology, the passions and fears that our ancestors once experienced, Every aspect is reflected bit by bit in the generation that is actively participating in the American economy. Before people take any action, they predict the consequences of their actions. If the future is difficult to predict and the outlook is uncertain, people will stop moving forward, do nothing, and abandon their original commitments.

6. The United States has experienced a financial crisis this time. In fact, I think it is a good thing for the United States and China. The market has an invisible hand that can pull back the derailed economy. Many people think that after this financial crisis, will the United States become more conservative and give up the pursuit of financial innovation? I don’t think it’s right. Any innovation will involve risks and high costs. The U.S. economy has been able to develop to this day mainly because in every period, generations of promoters appear to drive the U.S. economy forward.

7. Find a partner who is good at financial management

8. Human nature itself leads to panic when the market falls and greed when the market rises. Overreaction and panic are just the result of human nature

9 There are two very smart young economic geniuses who often argue endlessly about some profound economic theories. One day while going for a walk after dinner, two outstanding young men got into an argument over the proof of a certain mathematical model. When they were in a dilemma, they suddenly discovered a pile of dog feces on the grass in front of them. A said to B, if you can eat it, I am willing to pay 50 million. The temptation of 50 million is really big. Should you eat it or not? B took out a pen and paper, performed precise mathematical calculations, and quickly came up with the optimal solution in economics: eat! So A lost 50 million.

The two of them continued walking and suddenly found a pile of dog poop. At this time, B began to feel violently nauseated, and A was a little distressed about the 50 million he had just spent. So B said, if you eat it, I will give you 50 million. So, A ate it without hesitation! A was satisfied and took back 50 million.

But suddenly, the geniuses burst into tears at the same time: We got nothing from the fuss for a long time, but we ate two piles of dog shit in vain! They couldn't figure it out, so they had to ask their mentor, a famous economics guru, for an explanation.

After listening to the stories of the two students, I didn’t expect that the master would also burst into tears.

After finally calming down a bit, the leader tremblingly raised a finger and said with great excitement: 100 million! 100 million! My dear classmates, on behalf of the motherland and the people, I would like to thank you. You only ate two piles of dog shit and contributed an output value of 100 million to the country's GDP!

10 Perfect Competition

On the first day, God created the sun, and then the devil created burns; on the second day, God created sex, and then the devil created marriage; on the third day , God created an economist, and the devil was lost in thought. After thinking about it for a long time, the devil also created an economist.

11 Cultural Differences

A new economic theorem was published and sparked a heated discussion. British: Can your theorem stand the test of facts? German: Does your theorem conflict with other basic theorems? Frenchman: Can your theorem be translated into French? Japanese: Is your teacher a famous professor?

15 famous quotes by Pan Yue

1. Build a socialist ecological civilization, link green civilization, an environmentally friendly society and the construction of socialist democratic politics, and integrate environmental ecology, cultural ecology and Social and ecological connections are significant and thought-provoking.

2. Environmental protection can serve as a testing ground for China’s political reform.

3. A few years ago, I proudly told the domestic and foreign media that China had become the world’s factory. I did not realize that the price of the world’s factory might be the world’s garbage factory.

4. Instead of dislocating its role, the State Environmental Protection Administration has reset its role.

5. Since I have been in charge of environmental impact assessment, I have often been under heavy pressure. I am not afraid of what others say about me, but I must do things well.

6. We do not welcome highly polluting industries to be transferred to our country, we must scare them back.

7. Some people get rich first at the expense of the environment for most people. Some people get rich first at the expense of the environment of other areas. Environmental injustice aggravates social injustice, and social injustice brings about social injustice. harmonious.

8. Environmental protection is not a cause for a few people, but a cause for all people, and requires the concerted action of the whole society. In a society like China with a fragile legal system and a complex interest structure, reform measures are often too high and have to be the best. In order to get the upper hand, overcorrecting becomes inevitable.

9. It is very lucky for a person who happens to be in a specific position to be able to do something for this transformation. If we fail to do this, it is not a matter of regret, but a matter of historical responsibility.

10. For the sustainable development of the Chinese nation, we must take environmental protection as a lifelong responsibility and always be the spokesperson of ecological civilization.

11. Building a beautiful China is the responsibility of contemporary Chinese environmentalists and every environmental reporter. Environmental journalists should shoulder the glorious mission of promoting ecological civilization and building a beautiful China.

12. In the activities of transforming and utilizing nature, human beings must always maintain respect and awe. They must not be arrogant or trample on nature. They must follow the laws of nature and within the boundaries of nature. Activities within the body to maintain the basic harmony and unity between man and nature.

13. Green economic transformation is a successful transformation, and a green rise is a peaceful rise.

14. Enhance every citizen’s environmental awareness. Work hard to protect our own home.

15. China’s environmental problem is not a professional issue, but a political issue. The root cause is our distorted concept of development.

Smiles's famous quotes

Smiles's famous quotes

1. A good book is like the essence of life.

2. Wealth in the hands of people with weak will, lack of self-control, and lack of rationality may become a temptation and a trap.

3. Books guide us to live in the most beautiful society, allowing us to place ourselves among the great minds of the past and present, admiring their grace, bathing in their friendship, and listening to their words. Sitting there, sharing their joys, sorrows, and joys, absorbing their experiences, and unknowingly integrating myself into their unique and beautiful artistic conception, it is like taking a breath of spring breeze, which will be used throughout my life!

4. Books are the most immortal fruits in the history of human struggle.

5. There are things more precious than happiness, art, wealth, power, knowledge, and genius that are worthy of our pursuit. This extremely precious thing is excellent and pure character.

6. Throughout the ages, good books have always been people’s best friends.

33 famous quotes by Pan Shiyi

1. Honesty is the foundation of all virtues and abilities for a person. If you lose honesty, you will lose everything. ——Pan Shiyi

2. I am a person who trusts others and believes that society will get better and better as it develops. Even though we have many problems now, I believe they will get better in the future. Belief is a kind of power. As long as you believe, it will become true sooner or later. When it comes to things in human society, faith leads to spiritual success. This sentence is more convincing than when it is used to believe in miracles. Follow the good and believe that the social order will get better and better. ——Pan Shiyi

3. You need to enter a mental state when working. What does this state look like? It should be calm, selfless, a little lonely to outsiders, but happy inside. ——Pan Shiyi

4. We still adhere to the principle that the Finance Department will not make any false accounts or evade taxes. Let's do business with peace of mind. The market environment in China is so good now. As long as you work a little harder, you can earn much more money than if you work hard to evade taxes. ——Pan Shiyi

5. In fact, when it comes to the risks of China's real estate industry, I think that firstly, if there is no tax evasion and tax avoidance, and secondly, if there is no bribery or bribery, there will not be much risk. ——Pan Shiyi

6. I have two desks, one is the dining table at home. Regardless of age, guests and hosts can discuss and study together. Another desk is on Weibo, where there are experts from all walks of life, including finance, economics, real estate, PM2, and 5. Sometimes there are a few troublemakers and scolds, but this is not important and don’t care. ——Pan Shiyi

7. The old system is a top-down model. The new system must be more participatory, based on knowledge, and driven by values. Leadership in the new system is by no means an individual concept, but must include the ability to make collective decisions and act collectively. Are you in the old system or have you moved to the new system? ——Pan Shiyi

8. Can prayer bring money? cannot. Can you bring a house, clothes and food? cannot. But it can bring you the ability to learn knowledge and wisdom, insight into society and nature, a peaceful and tolerant mentality, and the mind to gain joy and happiness. ——Pan Shiyi

9. The new order needs to establish a culture of consultation. The consultation is based on the understanding of the nobility of human beings, who possess reason, conscience, and the ability to explore, understand, serve and sympathize. A person who understands people as simple animals and tools cannot have a sense of consultation. ——Pan Shiyi

10. Don’t talk nonsense when speaking, and don’t use clichés that are always correct. Don't put on useless showpieces when working, be efficient. Building a house also has fewer useless decorations and architectural symbols. ——Pan Shiyi

11. If you care about everything, you will not be able to accomplish anything. ——Pan Shiyi

12. I ride a bicycle. Some people say that the road is too far and you can’t reach it by bicycle. But I walked a bit and switched to a car, and I arrived before dark. When I was driving, they said again, there is no road, no bridge, but a mountain ahead, and you can’t cross it. I kept walking forward, and when I reached the mountain, I changed a plane and flew over. ——Pan Shiyi

13. I am a pure businessman. No matter what industry I am in, as long as it is pure, people are afraid of impurity. ——Pan Shiyi

14. Successful experience cannot become dogma or a constraint on innovation ability.

——Pan Shiyi

15. I spent most of my childhood not in the classroom, but in the crop fields. Seeing the growth and harvest of food brings me joy from the bottom of my heart. Nowadays, I always want to get some land to grow some crops. Are there many people who have this weird hobby? ——Pan Shiyi

16. When talking about crises, you will find that more words used are currency, finance, debt, etc. Grain production, coal and steel production are rarely mentioned. In today's globalization of logistics and information, the finances and currencies of various countries are not unified. Some people take advantage of this difference to speculate, and speculation has become fashionable. When you plant crops and dig coal for them, they will laugh at you. The way out is to issue a unified global currency and establish a corresponding fiscal system. ——Pan Shiyi

17. Several people sat together to discuss. The atmosphere was relatively good in the first five minutes, and became more intense as it went on. There is a problem with the point you put forward, he objects to it, and then you object to him again. In the end, your self-esteem is hurt, and the communication between you turns into mutual criticism. ——Pan Shiyi

18. A successful entrepreneur must possess two basic qualities. The first is determination and not easily disturbed by the surrounding environment; the second is the ability to resolve crises and be able to Seize opportunities in crises and conflicts to turn defeat into victory. ——Pan Shiyi

19. Our children like to watch Donald Duck and Mickey Mouse, so I buy him CDs, and then Donald Duck cards, toys, schoolbags, etc. I just thought, how much money can a person’s fictional cartoon character earn just by making our family’s money! It seems that the influence of the characters is huge. So I thought, I should be no worse than cartoon characters, so I might as well be Donald Duck. ——Pan Shiyi

20. We can think about it in succession: you can build a house, and I know why you build a house; you can write articles, and I know why you write articles; you can eat, and I know why you eat; You know how to live, and I know why I live; what “you know” is more about problems that can be solved in technology, science, and craftsmanship, while what “I know” is about questions that can only be answered at the philosophical and religious level. It boils down to the pursuit of "significance". ——Pan Shiyi

21. Businessmen who do not make money are immoral. If you do not make money, you can only ensure your own life. You cannot give good wages and benefits to your employees, you cannot pay profits and taxes to the country, and you cannot give money to your customers. Bring benefits. ——Pan Shiyi

22. When a relationship is achieved, something will happen. The incident is over, but the relationship has changed. It is possible that members have been added or removed, or relationships have been added or removed. After a few rounds, you may form a small circle. Gradually, the circle has its own characteristics. When we are busy, we work together and do familiar business. When we are free, we express certain cultures and tastes, go to karaoke or go bowling. ——Pan Shiyi

23. In our real life, there are often four bad interpersonal patterns: protective, self-righteous, authoritarian and manipulative. ——Pan Shiyi

24. In the current real estate market, I think there are two major risks: The first is that the price of housing is too high. This phenomenon exists in both first- and second-tier cities. When measuring the market Whether there is a bubble or not, the most important indicator is its return on capital. This indicator can be used to measure any city. However, the return on capital for Chinese residential properties is already very low, around 2. This means that housing prices are too high. ——Pan Shiyi

25. The so-called possession of money is indeed a fantasy. People who always think about possessing money, misers, actually don't make much money. You may have excellent financial management skills, know how to put funds into appropriate channels, and become a force in organizing and mobilizing a certain business event, thereby creating greater value and wealth. Then you are a commander of capital flow, but You cannot possess it. ——Pan Shiyi

26. You should be like a hollow bamboo, lower your mind and be humble. ——Pan Shiyi

27. Real estate is actually an industry of resource integration. The job of real estate developers is to organically bring together different social resources and labor to ultimately produce a product like a house.

The work of our company is the same. The difference may be that we use the strongest team in the world. We asked the Japanese to do the design for us, the best investment banks on Wall Street in the United States to help us with the listing, and the country's strongest labor force to help us with the construction. As a real estate developer, I grasp the soul of the product. This spiritual thing is actually a concept, the result of some principles of spiritual activity. ——Pan Shiyi

28. For many years, people have been the driving force in the production process, facing the loess and turning their backs to the sky. Today, people are replaced by machines. In a new era where people are completely liberated, social progress requires everyone's intelligence and creativity. We can no longer treat people like cattle and horses, beating them with whips and intimidating them with terror. Treat everyone with tolerance, respect, and trust like brothers and friends. ——Pan Shiyi

29. Only when you enter a state of learning can you realize your own shortcomings. The lack of knowledge will make people humble. When people are not in a state of learning, they will be self-righteous and arrogant. ——Pan Shiyi

30. A person who always gets a sense of happiness can easily spread happiness, so he can get friends, and only those who can get friends can succeed. ——Pan Shiyi

31. People often ask me how I got my first pot of gold, where I got it from, and how much it was. In fact, every time someone asks me this question, I want to say that the first pot of gold for a person is self-confidence. ——Pan Shiyi

32. You must constantly pursue a high level in everything you do, including articles, architecture, Weibo, fitness, and beliefs. For example: Don’t be satisfied with consuming two or three hundred kilocalories on the treadmill every day when exercising. You must have a higher goal. On the road of faith, do not be satisfied with the comfort of chicken soup for the soul, but pursue the state of selflessness and selflessness. Everything can be pursued to a heavenly and perfect state. At that time, you will have the feeling of seeing all the small mountains at a glance. ——Pan Shiyi

33. There is no fixed model for running a business. Throughout the history of corporate development, trying to find a fixed pattern and become a lazy person once and for all will not succeed. In the face of other people's successful methods, simple mechanical learning and imitation will not succeed. Excellent entrepreneurs must be creators, and entrepreneurs are the most creative people. ——Pan Shiyi

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