Words to Remember

Don't Count Your Paychecks Before They Clear 🧠

Thomas Jefferson quote: Never spend your money before you have it.

“Never spend your money before you have it.”

Thomas Jefferson

Why we ran it

Nvidia shares fell 11 percent, erasing almost $500 billion in value, after the board ousted Jensen Huang without a named successor. The episode highlighted how much of the S&P 500 now hinges on just a handful of leaders. Thomas Jefferson's warning echoed in the risks faced by those who assume continuity before leadership and strategy are secured.

From the November 13, 2026 issue: Big Leather Jacket To Fill →

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