The Dow 30 Wins The Weekly Race As Energy Soars And Inflation Tames – $ADT $CVX $LTRN $MRTX $SHIP Rise!

Happy Saturday!

I hope that you had a great week and are out enjoying one of the last weekends of the summer.

As for the broad markets this week, the stock indices headed overall south, except for the Dow 30 that managed to close higher above the 35k level closing at 35,281.40, +.6% this week and is now up 6.4% YTD. The S&P 500 closed at 4,464.05 (-.3%) for the week and is now up 16.3% YTD as the energy sector rose another 3.5% moving higher on the strength of oil prices that closed up .4% this week at $83.12 as the Russia/Saudi Arabia manipulative games to restrict supply seemed to be working. Energy giant Chevron (CVX) rose 3.04% over the course of 5-days to close at $164.15. Apple (AAPL) closed closure again at $177.79, -2.31% over the last 5-days and nearly 10% over the last 10-days & Amazon (AMZN) closed at $138.41, .83% over the last 5-days. Tesla (TSLA) closed at $242.65, -4.42% over the last 5-days and now is now nearly 9% over the last 10-days. The Nasdaq closed at 13,644.80 (-1.9%) and remains up an amazing 30.4% YTD. The “Magnificent 7” large-cap tech stocks have now fallen over 5% from their recent high. The Russell 2000 closed at 1,925.11 (-1.7%) for the week & is now up 9.3% YTD. The MicroCaps also moved lower this week as the iShares Micro-Cap ETF (IWC) closed at $110.56, -2% this week & is now up 2.53% YTD. The CBOE Volatility Index (^VIX) closed at $14.84 down 5.90% over the last 5-days.

A number of macroeconomic reports surfaced again that seemed to confirmed that inflation is being controlled or at least somewhat tamed sans energy prices.  On Monday, the June Consumer Credit Report that clocked in with a $17.9B rise in consumer credit as non-revolving credit rose, while revolving credit fell. On Tuesday, the July NFIB Small Business Optimism Survey report came in lower again at 91.9. The June Trade Balance report also clocked in at -$65.5B confirming weaker demand. The June Wholesale Inventories report came in at -.5%. On Wednesday, the weekly MBA Mortgage Applications Index report confirmed a 3.1% drop as purchase applications fell 3%, while refinance apps decreased 4%. The weekly EIA crude oil inventories report came in with a 5.85M barrel build. On Thursday, the Total CPI report clocked in at up .2% M/M in July, meeting expectations, while the core-CPI also came in up .2% month-over-month, as expected. The total CPI was up 3.2% Y/Y & the core CPI was up 4.7% slightly lower than in June and further confirm some manner of disinflation. The Initial jobless claims report for the week ending August 5 also confirmed a 21k rise to 248K & the continuing jobless claims report for the week ending July 29 showed an 8k drop to 1.684M. The weekly EIA Natural Gas Inventories came in with a 29 bcf build. The July Treasury Budget confirmed a deficit of $220.8B. On Friday, the July PPI report cam in at .3% & the July Core PPI  came in at .3%. The Preliminary August University of Michigan Consumer Sentiment report came in slightly lower at 71.2.  As a result, the yield curve ended the week with the 2-yr note yield up 11bps to 4.893% & the 10-yr note yield moved up 10bps to 4.16%, while the U.S. Dollar Index also ended up at 1.02..85.

Banks stocks pulled back again this week as The SPDR S&P Regional Banking ETF (KRE) moved down 1.59% over the last 5-days to close at $47.79 & the SPDR S&P Bank ETF (KBE) also moved down by 1.34% over the last 5-days to close at $41.33. 

As for the biotech sector,  the Nasdaq Biotechnology ETF (IBB) closed at $128.57, +.96% over the last 5-days and is now down2.07% YTD, the NYSE ARCA Biotech Index (^BTK) closed at 5,232.98, +1.05% over the last 5-days and is now down .91% YTD, & the SPDR S&P Biotech ETF (XBI) closed at $79.87, -1.66% over the last 5-days, & is now down 3.77% YTD. The 52-week range is is now $72.44-$95.18.

On the bight side of the biotech sector this week, on Aug. 11, Novartis announced that it has completed its acquisition of VP Watchlist company, Chinook Therapeutics, Inc. (KDNY), a Seattle, WA, based biopharmaceutical company focused on the discovery, development, and commercialization of precision medicines for kidney diseases, in a transaction valued at up to USD 3.5 billion. Chinook’s pipeline includes two late-stage assets in clinical development to treat Immunoglobulin A Nephropathy (IgAN), atrasentan and zigakibart (BION-1301), as well as earlier stage research and development programs. Atrasentan, an oral endothelin A receptor antagonist (ERA) currently in Phase 3 development for IgAN with a pivotal readout expected in Q4 2023, has shown significant reductions in proteinuria. Atrasentan is also in early-stage development for other rare kidney diseases. Zigakibart (BION-1301) is a subcutaneously administered anti-APRIL monoclonal antibody which entered Phase 3 development for IgAN in July 2023. “We are excited to complete this important transaction and look forward to leveraging our combined resources and expertise to further advance the development of these promising treatments for the benefit of patients with rare, severe chronic kidney diseases,” said Vas Narasimhan, M.D., CEO of Novartis. “We welcome the Chinook team to Novartis as we expand our renal portfolio and continue our journey to reimagine medicine.” Chinook stockholders will receive USD 40.00 in cash per Chinook share (total of USD 3.2 billion), plus up to a further USD 4.00 in cash per Chinook share, through a contingent value right (CVR), upon the achievement of certain regulatory milestones, representing a potential additional USD 300 million in aggregate contingent consideration.

Cathie Wood’s ARK Innovation ETF (ARKK) closed at $42.75, -5.80% over the last 5-days and is now up 36.84% YTD.   

The iShares U.S. Healthcare ETF (IYH) closed at $284.39, +2.26% over the last 5-days and is now up .24% YTD.   

From the world of cryptocurrency, Bitcoin (BTC) moved to $29,400.68 & upon .75% over the course of the last 5-days at the time of the completion of this message. 

Gold prices closed at $1,917, -$29/oz over the last 5-days. Silver prices closed at $23.74, -$.95/oz over the last 5-days. 

VP Watchlist Updates

Shares of InMed Pharmaceuticals Inc. (INM), a leader in the research, development and manufacturing of rare cannabinoids, closed at $.90, down 11.76% over the last 5-days.

• On July 20, InMed provided a commercial and manufacturing update on its subsidiary BayMedica LLC (“BayMedica”), a leading supplier of bioidentical rare cannabinoids to the Health and Wellness (“H&W”) market. Highlighting the following: $2.3M revenues (unaudited) in Q4 2023, representing 123% increase quarter over quarter (“QoQ”), Optimized and scaled up manufacturing processes over the last 12 months to meet increasing demand, & Third consecutive quarter with significant revenue growth. Eric A. Adams, InMed’s President and CEO stated, “We are very encouraged to see another strong quarter with (unaudited) revenues in excess of $2.3M, representing our third consecutive quarter with significant revenue growth. As demand for minor cannabinoids continues to increase, we see a potential path for BayMedica to become a profitable standalone business subsidiary and contribute margin to the pharmaceutical R&D parent.”

• On June 22, InMed announced safety and efficacy results from its Phase 2 clinical trial, called 755-201-EB (the “Phase 2 Trial”), for the treatment of symptoms related to EB. The purpose of the Phase 2 Trial was to evaluate the safety of INM-755 CBN cream, which consists of the control cream plus the active pharmaceutical ingredient CBN, and obtain preliminary evidence of efficacy in treating symptoms and healing wounds over a 28-day period in patients with EB. All four subtypes of inherited EB, including EB Simplex, Dystrophic EB, Junctional EB, and Kindler Syndrome were accepted into the Phase 2 Trial. The Phase 2 Trial used a within-patient, double-blind design whereby matched index areas were randomized to INM-755 CBN cream or control cream. The Phase 2 Trial enrolled a total of 19 patients. Data from one patient were excluded from efficacy analyses due to a significant protocol deviation. Of the 18 remaining patients whose data were considered reliable for clinical review, 17 were treated for chronic non-wound itch and one patient was treated for wound-related itch. The remaining endpoints (pain, wound healing) could not be analyzed due to too few enrollees with such symptoms. Of the 18 participants assessed, chronic itch improved by a clinically meaningful amount in 12 patients (66.7%). InMed will pursue strategic partnership opportunities for INM-755 in epidermolysis bullosa (“EB”) and other itch-related skin conditions.
• On June 1, InMed announced that results from a neurodegenerative disease study was presented in a scientific poster at the Canadian Neuroscience Meeting in Montreal from May 28-31, 2023. The InMed sponsored research, entitled “Cannabinoids modulate cytotoxicity and neuritogenesis in Amyloid-beta-treated neuronal cells”, demonstrated the ability of a specific rare cannabinoid (“pCBx”) in InMed’s 900 Series library of potential candidates that reduces amyloid toxicity and tau protein expression while enhancing neuronal cell growth and neuritogenesis markers in vitro, all considered to be important targets in the potential treatment of neurodegenerative diseases such as Alzheimer’s. The research was conducted in the laboratory of Dr. Ujendra Kumar and Dr. Rishi Somvanshi of the faculty of Pharmaceutical Sciences at the University of British Columbia. Studies have shown that cannabinoids, via their endocannabinoid receptors (CB1R and CB2R) that naturally occur in the human body and brain, reduce amyloid-beta (“Aβ”) toxicity, decrease p-tau protein expression and provide neurite outgrowth, thus improving neuronal viability and function. The results presented demonstrate the anti-apoptotic effects of pCBx and its role in neuritogenesis in the cells of neuronal origin and support the role of pCBx as a potential therapeutic intervention in neurodegenerative diseases.

• On May 31, our sister organization, Tribe Public, hosted a Presentation & Q&A Webinar Event titled “InMed Pharmaceuticals (NASDAQ: INM) Addressing The Increasing Demand For Rare Cannabinoids.” The event was co-hosted by InMed Pharmaceutical’s (NASDAQ: INM) CEO Eric A. Adams, MIBS, & BayMedica’s Jerry P. Griffin, VP, Sales and Marketing. InMed Pharmaceuticals (NASDAQ: INM, $1.34, +6.35%) is a global leader in the development, manufacturing, and commercialization of rare cannabinoids, which is developing a pipeline of rare cannabinoid therapeutics and dedicated to delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs. i.e. Alzheimer’s Disease, Glaucoma, & a rare genetic skin disease, Epidermolysis Bullosa (EB). Together with its subsidiary, BayMedica LLC, the Company has unparalleled cannabinoid manufacturing capabilities to serve a spectrum of consumer markets, including pharmaceutical and health and wellness. If you missed this event, then you may now watch the event video at the Tribe Public YouTube Channel by clicking here. 

Thanks again for your attention this week. Please continue to share your thoughts, questions, & ideas as we move forward. 

In the meantime, please enjoy the balance of the weekly newsletter’s videos, quotes, updates and let’s find ways to crush it again as we move forward!

Investing & Inspiration

1. “Act as if what you do makes a difference. It does.” – William James
2. “Let us be grateful to people who make us happy, they are the charming gardeners who make our souls blossom.” –  Marcel Proust
3. “Strength and growth come only through continuous effort and struggle.” – Napoleon Hill
4. “Science may never come up with a better office communication system than the coffee break.” – Earl Wilson
5. “If everyone is moving forward together, then success takes care of itself.” – Henry Ford
6. “Hope is like the sun, which, as we journey toward it, casts the shadow of our burden behind us.”– Samuel Smiles
7. “Patriotism is supporting your country all the time, and your government when it deserves it.” – Mark Twain
8. “What would life be if we had no courage to attempt anything?” – Vincent Van Gogh
9. “The biggest risk is not taking any risk… In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” – Mark Zuckerberg
10. “Our lives improve only when we take chances – and the first and most difficult risk we can take is to be honest with ourselves.” – Walter Anderson
11. “Action is the foundational key to all success.” – Pablo Picasso
12. “Success is never final, failure is never fatal. It’s courage that counts.” – John Wooden
13. “Innovation distinguishes between a leader and a follower.” – Steve Jobs
14. “All the art of living lies in a fine mingling of letting go and holding on.” – Havelock Ellis
15. “The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.” – Robert Kiyosaki
16. “O, wind, if winter comes, can spring be far behind?” – Percy Bysshe Shelley
17. “Patience is a virtue, and I’m learning patience. It’s a tough lesson.” – Elon Musk
18. “Be true to your work, your word, and your friend.” – John Boyle O’Reilly
19. “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” – Norman Vincent Peale
20. “Surprise is the greatest gift which life can grant us.” – Boris Pasternak
21. “Logic will get you from A to B. Imagination will take you everywhere.” – Albert Einstein
22. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
23. “Do exactly what you would do if you felt most secure.” – Meister Eckhart
24. “Life lived for tomorrow will always be just a day away from being realized.” – Leo Buscaglia
25. “Wisdom is oftentimes nearer when we stoop than when we soar.” – Wordsworth
26. “Take chances, make mistakes. That’s how you grow. Pain nourishes your courage. You have to fail in order to practice being brave.” – Mary Tyler Moore
27. “A single twig breaks, but the bundle of twigs is strong.” – Tecumseh
28. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
29. “There is little that can withstand a man who can conquer himself.” – Louis XIV
30. “The limits of the possible can only be defined by going beyond them into the impossible.” – Arthur C. Clarke
31. “Be faithful in small things because it is in them that your strength lies.” – Mother Teresa
32. “The future rewards those who press on. I don’t have time to feel sorry for myself. I don’t have time to complain. I’m going to press on.” – Barack Obama
33. “By three methods we may learn wisdom: First, by reflection, which is noblest; Second, by imitation, which is easiest; and third by experience, which is the bitterest.” – Confucius
34. “No man was ever wise by chance.” – Lucius Annaeus Seneca
35. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
36. “It is not in the stars to hold our destiny but in ourselves.” – William Shakespeare

37. “It does not matter how slowly you go as long as you do not stop.” – Confucius

38. “I want to put a ding in the universe.” – Steve Jobs

39. “Research is creating new knowledge.” – Neil Armstrong

40. “The reward for work well done is the opportunity to do more.” – Jonas Salk
41. “Man is a creative retrospection of nature upon itself.” – Karl Wilhelm Friedrich Schlegel
42. “There’s something about taking a plow and breaking new ground. It gives you energy.” – Ken Kesey

43. “Success seems to be largely a matter of hanging on after others have let go.” – William Feather

44. “The essential conditions of everything you do must be choice, love, passion.” – Nadia Boulanger

45. “More business is lost every year through neglect than through any other cause.” – Rose Kennedy

46. “Give me a lever long enough and a fulcrum on which to place it, and I shall move the world.” – Archimedes

47. “A person who won’t read has no advantage over one who can’t read.” – Mark Twain

48. “The best way out is always through.” – Robert Frost

49. “Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.” – Francis of Assisi

50. “Without labor nothing prospers.” – Sophocles

51. “Intellectuals solve problems, geniuses prevent them.” – Albert Einstein

52. “This is the precept by which I have lived: Prepare for the worst; expect the best; and take what comes.” – Hannah Arendt

53. “The best and most beautiful things in the world cannot be seen or even touched – they must be felt with the heart.” – Helen Keller

54. “He who is brave is free.” – Lucius Annaeus Seneca

55. “When something is important enough, you do it even if the odds are not in your favor.” – Elon Musk

56. “I choose a block of marble and chop off whatever I don’t need.” – Auguste Rodin

57. “Hope is the only bee that makes honey without flowers.” – Robert Green Ingersoll

58. “He who knows that enough is enough will always have enough.” – Lao Tzu

59. “Plans to protect air and water, wilderness and wildlife are in fact plans to protect man.” – Stewart Udall

60. “In order to carry a positive action we must develop here a positive vision.” – Dalai Lama

61. “A hero is someone who understands the responsibility that comes with his freedom.” – Bob Dylan
62. “Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.” – Kevin Brady
63. “If we give something positive to others, it will return to us. If we give negative, that negativity will be returned.” – Allu Arjun
64. “A good plan violently executed now is better than a perfect plan executed next week.” ~ George S. Patton
65. “You must do the things you think you cannot do.”- Eleanor Roosevelt
66. “Success is dependent on effort.” – Sophocles
67. “Nobody who ever gave his best regretted it.” – George Halas
68. “Lots of people want to ride with you in the limo, but what you want is someone who will take the bus with you when the limo breaks down.” ~ Oprah Winfrey
69. “And when I breathed, my breath was lightning.” – Black Elk
70. “Moderation is the silken string running through the pearl chain of all virtues.” – Joseph Hall
71. “You are the sum total of everything you’ve ever seen, heard, eaten, smelled, been told, forgot – it’s all there. Everything influences each of us, and because of that I try to make sure that my experiences are positive.” – Maya Angelou
72. “If you want a guarantee, buy a toaster.” – Clint Eastwood
73. “We are an impossibility in an impossible universe.” – Ray Bradbury
74. “If you think in terms of a year, plant a seed; if in terms of ten years, plant trees; if in terms of 100 years, teach the people.” – Confucius
75. “I’d rather attempt to do something great and fail than to attempt to do nothing and succeed.” – Robert H. Schuller
76. “Do your little bit of good where you are; it’s those little bits of good put together that overwhelm the world.” Desmond Tutu
77. “It takes considerable knowledge just to realize the extent of your own ignorance.” – Thomas Sowell
78. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.” – Buddha”
79. Surprise is the greatest gift which life can grant us.” –  Boris Pasternak
80. “Trust in dreams, for in them is hidden the gate to eternity.” – Khalil Gibran 
81. “Always be yourself, express yourself, have faith in yourself, do not go out and look for a successful personality and duplicate it.” – Bruce Lee
82. “All life is an experiment. The more experiments you make the better.” – Ralph Waldo Emerson
83. “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” –  Colin Powell
84. “There is more to life than increasing its speed.” – Mahatma Gandhi
85. “Your attitude is like a box of crayons that color your world. Constantly color your picture gray, and your picture will always be bleak. Try adding some bright colors to the picture by including humor, and your picture begins to lighten up.” – Allen Klein
86. “Definiteness of purpose is the starting point of all achievement.” – W. Clement Stone
87. “Success usually comes to those who are too busy to be looking for it.” – Henry David Thoreau
88. “In matters of truth and justice, there is no difference between large and small problems, for issues concerning the treatment of people are all the same.” – Albert Einstein
89. “Life is too short for long-term grudges.” – Elon Musk
90. “There cannot be a crisis next week. My schedule is already full.” – Henry Kissinger
91. “Success consists of getting up just one more time than you fall.” – Oliver Goldsmith
92. “The Earth is the cradle of humanity, but mankind cannot stay in the cradle forever.” – Konstantin Tsiolkovsky
93. “Ours is a world of nuclear giants and ethical infants. We know more about war that we know about peace, more about killing that we know about living.” – Omar N. Bradley
94. “Beauty surrounds us, but usually we need to be walking in a garden to know it.” – Rumi
95. “But man is not made for defeat. A man can be destroyed but not defeated.” – Ernest Hemingway
96. “Don’t watch the clock; do what it does. Keep going.” – Sam Levenson
97. “Let there be work, bread, water and salt for all.” – Nelson Mandela
98. “The social object of skilled investment should be to defeat the dark forces of time and ignorance which envelope our future.” – John Maynard Keynes
99. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
100. “I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” – Albert Einstein
101. “It is the fight alone that pleases us, not the victory.” – Blaise Pascal
102. “If you can’t describe what you are doing as a process, you don’t know what you’re doing.” – W. Edwards Deming
103. “Never interrupt your enemy when he is making a mistake.” – Napoleon Bonaparte
104. “Be sure you put your feet in the right place, then stand firm.” – Abraham Lincoln
105. “Without investment there will not be growth, and without growth there will not be employment.” – Muhtar Kent
106. “You have to do your own growing no matter how tall your grandfather was.” – Abraham Lincoln
107. “Victory has a thousand fathers, but defeat is an orphan.” – John F. Kennedy
108. “Delete the negative; accentuate the positive!” – Donna Karan
109. “It’s crazy how fast time flies and how things progress.” – Nathan Chen
110. “The world is a dangerous place to live; not because of the people who are evil, but because of the people who don’t do anything about it.” – Albert Einstein
111. “Life isn’t about finding yourself. Life is about creating yourself.” – George Bernard Shaw
112. “Everything has beauty, but not everyone sees it.” – Confucius
113. “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” – John C. Maxwell
114. “Walking with a friend in the dark is better than walking alone in the light.” – Helen Keller
115. “A man who dares to waste one hour of time has not discovered the value of life.” – Charles Darwin
116. “The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.” – Michelangelo
117. “Progress is man’s ability to complicate simplicity.” – Thor Heyerdahl
118. “I like to encourage people to realize that any action is a good action if it’s proactive and there is positive intent behind it.” – Michael J. Fox
119. “Nothing is impossible, the word itself says ‘I’m possible’!” – Audrey Hepburn
120. “But investment in space stimulates society, it stimulates it economically, it stimulates it intellectually, and it gives us all passion.” – Bill Nye
121. “Bitcoin, in the short or even long term, may turn out be a good investment in the same way that anything that is rare can be considered valuable. Like baseball cards. Or a Picasso.” – Andrew Ross Sorkin
122. “Life is a tragedy when seen in close-up, but a comedy in long-shot.” – Charlie Chaplin
123. “No matter what you’re going through, there’s a light at the end of the tunnel and it may seem hard to get to it but you can do it and just keep working towards it and you’ll find the positive side of things.” – Demi Lovato
124. “Infrastructure investment in science is an investment in jobs, in health, in economic growth and environmental solutions.” – Oren Etzioni
125. “Educating our children and giving them the skills they need to compete in a global economy is a smart investment in our country’s future.” – Sheldon Whitehouse
126. “Know thy self, know thy enemy. A thousand battles, a thousand victories.” – Sun Tzu
127. “If one does not know to which port one is sailing, no wind is favorable.” – Lucius Annaeus Seneca
128. “Beware of missing chances; otherwise it may be altogether too late some day.” – Franz Liszt
129. “The sofa is a really important investment for anybody, and I don’t mean financially. You need to find a really great sofa that can transition with you, and you can build from there.” – Jeremiah Brent
130. “There is no investment you can make which will pay you so well as the effort to scatter sunshine and good cheer through your establishment.” – Orison Swett Marden
131. “Nothing in life is to be feared, it is only to be understood. Now is the time to understand more, so that we may fear less.” – Marie Curie
132. “There is little that can withstand a man who can conquer himself.” – Louis XIV
133. “In tennis, you strike a ball just after the rebound for the fastest return. It’s the same with investment.” – Masayoshi Son
134. “A camel makes an elephant feel like a jet plane.” – Jackie Kennedy
135. “The advance of technology is based on making it fit in so that you don’t really even notice it, so it’s part of everyday life.” – Bill Gates
136. “Success depends upon previous preparation, and without such preparation there is sure to be failure.” – Confucius, Chinese 
137. “Coming together is a beginning; keeping together is progress; working together is success.” – Edward Everett Hale
138. “Never do anything against conscience even if the state demands it.”– Albert Einstein
139. “Education is not only a ladder of opportunity, but it is also an investment in our future.” – Ed Markey
140. “The true measure of a man is how he treats someone who can do him absolutely no good.” – Samuel Johnson
141. “In my view, the biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital. Not only is the mere drop in stock prices not risk, but it is an opportunity. Where else do you look for cheap stocks?” – Li Lu
142. “A successful society is characterized by a rising living standard for its population, increasing investment in factories and basic infrastructure, and the generation of additional surplus, which is invested in generating new discoveries in science and technology.” – Robert Trout
143. “The best preparation for tomorrow is doing your best today.” – H. Jackson Brown, Jr.
144. “Friendship marks a life even more deeply than love. Love risks degenerating into obsession, friendship is never anything but sharing.” – Elie Wiesel
145. “Investing in women’s lives is an investment in sustainable development, in human rights, in future generations – and consequently in our own long-term national interests.” – Liya Kebede
146. “Success isn’t measured by money or power or social rank. Success is measured by your discipline and inner peace.” – Mike Ditka
147. “No matter how many goals you have achieved, you must set your sights on a higher one.” – Jessica Savitch 
148. “Start where you are. Use what you have. Do what you can.”– Arthur Ashe
149. “The secret of getting ahead is getting started.” – Mark Twain
150. “The amount of work and the amount of both physical and emotional investment it takes to get to the top.” – Drew Bledsoe