I Grew Up Poor. My Mother Raised

I'm 40 Years Old. What I Have Seen My Whole Life Is Widening Income Inequality.

One Of The Most Difficult Things Is To Get Truthful People. Nobody Can Manage Well If They Don't Have A Lot Of Mirrors Around Them That Are Honest, That Tell Them What They're Doing Is Wrong Or Wrongheaded Or Misconceived. And In Every Large Bureaucracy On Earth, Most People Are Afraid To Tell The Boss The Truth.

Given That Ever-broadening Array Of Options And Alternatives, As Consumers And Investors, We Are Often Bewildered. We Need Guidance. That's Where Today's Brands Come In. They Are Not So Much Signals About A Particular Product, They Are Signals About Good Judgment, Trustworthiness. A Big Brand, Whether It's Schwab Or Disney, Is Becoming Analogous To A Portal That Sells Us Advice About Where We Can Find Great Deals.

Well-trained And Dedicated Employees Are The Only Sustainable Source Of Competitive Strength.

Inequality Is Bad For Everyone, Not Just The Middle Class And The Poor.