Financial IQ

Economics are important because they describe the environment in which we make financial decisions. They call it "Financial IQ". From Donald Trump:

To me, it means the ability to chart the economic waters nationally and internationally, to be able to look beyond the present and into the future, and to make decisions based on those assessments and insights.

- from page 83.

Finding Opportunities

Education gives knowledge but leaders need to know how to put that knowledge to use. Hill relates a long story which results in the moral that Henry Ford may not have known many facts but he employed men who could supply him those facts.

I don't think that he means that academic knowledge is useless; he means that successful people know how to put that knowledge to use. A teacher once told me that an expert does not know the answer; an expert knows where to find it.

- from page 100.