Doug Utberg

>Doug Utberg is the founder for “Business of Life LLC” and the author of many articles, eBooks, newsletters, and other editorials on success and investing.  In addition to his work as an author and investor, Doug is married with two beautiful children.  He was employed in many different varieties of “entry level” work during his youth, and has developed an extensive appreciation for the importance of personal and financial success.

Quotes Attributed to Doug Utberg

“I choose to invest in markets that are healthy so I can afford to live in one that isn’t.”

“It’s not about the trade of the day, it’s about the decision of the decade.”

“Get over yourself.  The world doesn’t change because you’re worried.”

“An entrepreneur can be rightly viewed as a person who purchases a collection of resources (or inputs) and then organizes them in such a way that the value of what they produce is greater than the sum of all their inputs, including the cost of labor. ”

“Innovation and technological progress create inequality when the people who drive such progress are rewarded.”

“There is a great trade-off that exists between growth and equality.  If economic growth is desired, it requires the tolerance of inequality of outcomes, as the results of innovation are rewarded.  If equality is desired, it requires the suppression of growth by reducing the incentives for innovation and achievement through taxation and redistribution.”

“For every “what” that we see, there’s a “why” it got that way and “how” it happened.”

“People should seek to be pound wise and penny foolish.”

“The difference between informed achievers and self-indulgent whiners is the propensity to take action.”

“Relentless pursuit of excellence sounds great in commercials, but if it causes you to sacrifice everything else in your life for the sake of one goal, is it really a worthy endeavor?”

“Many people naturally want to find a ‘best’ strategy, but it is much better to think of the context of a strategy that is best for you.”

“Simple math dictates that if you spend more money without increasing production, the only thing it will accomplish is to create inflation.”

“The government has made more promises than can possibly be financed, so dramatic changes of one stripe or another are inevitable.  That’s not politics, its math.”

“It’s not politics, it’s math.”