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SPG - Skin In The Game: The Ultimate Sign Of Motivation
Simon Property Group Inc.
No doubt, you’ve heard this saying a dozen times or more, but I’m going to quote it again – though perhaps from a different angle than you’ve considered it before.
“A recession is when your neighbor loses his job. A depression is when you lose yours.”
As is, that quote is attributed to Harry Truman, 33rd president of the United States.
If that surprises you, join the club. Most of us think Ronald Reagan, the 40th president, first spoke those words. But he actually borrowed it, making it his own by adding, “And recovery begins