When the Board of Governors of the Federal Reserve coerced him into divesting either his oil and gas company or his bank, Siggi sued. In reviewing the man's portfolio, Siggi commented:"You may be a genius when it comes to surgery, but when it comes to investing, you are an idiot. Was it too inconvenient when that other bank wanted to charge you prime plus 3% and I give you a loan at prime plus 1%?" While it made for a longer negotiation, Siggi wanted the current employees taken care of. By owning the results, regardless of what they are, your self-commitment has resulted in a powerful mental attitude that enables you to act.

Source: The Herald June 06, 2021 09:56 UTC