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Lesson #2: Keep Your Wits About You
In 1974, when Forbes asked Buffett how he felt about the stock market at the time, Buffett replied, “Like an oversexed guy in a whorehouse.” Whether it was talking to the media about smart investments or explaining the company’s performance in his annual letter to shareholders, Buffett never lost his sense of humour. Indeed, it became one of his trademarks for which he is revered.

Other adequate idea Related Articles

Protecting Your Ideas
It's not easy to think about ideas as property, but for some businesses it's vital. Most of us have had an idea for a new product or service only to dismiss, postpone, or neglect it. Sometimes we later find that others had the same idea, but took it to market before we did. By that time, it is too late for us to take advantage of the idea.
1.12 Ensuring incomes and basic social security: Working Out of Poverty
The Declaration of Philadelphia and a number of international labour standards recognize access to an adequate level of social protection as a basic right for all.
Creating and Using a Victory Journal
During an interview with Sandi Givens the discussion lead to how women sometimes have a difficult time disassociating themselves from the things that they do. In other words, when a woman presents an idea to someone, and the idea is rejected or she's told it's not a very good idea; many women find it difficult to remember that it was the idea itself that was rejected and not the "woman".

Should You Share Your Business Idea With Others?
Protecting your idea from unscrupulous people can be put you in a precarious position. On one hand you would like to get the benefits of sharing your idea with others. These benefits can be invaluable as you venture into a new business. A new pair of eyes with a fresh view point can help you identify; problems with your assumptions, new opportunities that haven’t been explored, and/or just provide constructive criticism. But the idea of someone stealing your business idea and starting it themselves can be a very real and paralyzing fear. This article discusses the pros and cons of sharing your idea and how to protect yourself.
Lesson #3: “The will to persevere is often the difference between failure and success.”
In 1915, Sarnoff came up with an idea that he believed would revolutionize the world as he knew it. The idea came after some 15 years in the business, with modest success. Still, the idea was no match for his risk-averse superiors.

Taking Leadership On Adequacy By Following Up
Adequate is a term that should be reserved for streets, sewers, mops and fast-food restaurants. Yet, we dream: “If we could just have adequate schools … if only.” Nevertheless, it is good to have the “adequacy studies” to confirm for us (and others) what we knew and hoped for.
New Recipes for Management Success
Sometimes it's good to find out other perspectives. So often it's easier to sit with ourselves and believe our management capabilities are adequate enough. Maybe it's time to wake-up...
A cure for the "If this is such a great idea, why am I not doing it?" blues
Have you ever had a great idea--or two--that you were eager to act on, but you couldn't seem to get moving? It could have been an art project, a blog, a book. Whatever it was, the initial inspiration seemed so clear, and then? Mush. There are two big--and curable--reasons this happens, and neither of them has anything to do with the quality of the idea itself. That is, you don't usually get stuck because your idea is bad. You get stuck because you haven't made a decision or you don't have conditions of satisfaction.
2012 Revenue – Making It Happen vs. Hoping It Happens
The folks from CSO Insights did a webinar by this title recently. Here are some of their conclusions: Sales quotas keep going up – and faster than ever. We cannot count on an improving economy to save us Product advantages are no longer adequate

The Law of Resources – An Idea Will Not Get Off the Ground Without Adequate Funding
A good idea will not get off the ground without adequate funding, suggests Mike Farrell with aspenIbiz. Read this short post to learn that you first get the product or service idea and then you go get the money to exploit it.
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