No problem can be solved until it is reduced to some simple form. The changing of a vague difficulty into a specific, concrete form is a very essential element in thinking.
Investors
J. P. Morgan
Born in 1837, J.P. Morgan dominated Gilded Age Wall Street. He reorganized railroads, created U.S. Steel, and halted the 1907 Panic, catalyzing the Federal Reserve's creation as modern American finance's architect.
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J. P. Morgan's Other Quotes
A man always has two reasons for the things he does -- a good one, and the real one.
I don't want a lawyer to tell me what I cannot do. I hire him to tell me how to do what I want to do.
The first step towards getting somewhere is to decide that you are not going to stay where you are.
Go as far as you can see; when you get there, you'll be able to see farther.
Related Quotes
Divide each difficulty into as many parts as possible for a better solution.
-- René Descartes
Don't find fault, find a remedy; anybody can complain.
-- Henry Ford
Solving big problems is easier than solving small ones.
-- Sergey Brin
Ask why five times.
-- Sakichi Toyoda
Invert, always invert.
-- Charlie Munger
What important truth do very few people agree with you on?
-- Peter Thiel