Blog

“When we pay special attention to a role model’s successes we overlook that their gains came from a small percent of their actions. That makes our own failures, losses, and setbacks feel like we’re doing something wrong. But it’s possible we are wrong, or just sort of right, just as often as the masters are. … Continue reading QOTD →

“Like our stomachs, our minds are hurt more often by overeating than by hunger.” –Petrarch

True success is exiting some rat race to modulate one’s activities for peace of mind.” Nassim Taleb

“The first rule of compounding is to never interrupt it unnecessarily.” Charlie Munger

“The more the Internet exposes people to new points of view, the angrier people get that different views exist.” Benedict Evans

“For reasons I have never understood, people like to hear that the world is going to hell.” —Deirdre McCloskey

“In the modern era it is more readily recognised that in truth the payment of the costs of an adjournment may well not adequately compensate someone who is desirous of being rid of a piece of litigation which has been hanging over his head for some time, and may not adequately compensate him for being … Continue reading QOTD →

“The highest form of wealth is the ability to wake up every morning and say, “I can do whatever I want today.” Excerpt FromThe Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessMorgan HouselThis material may be protected by copyright.

“One of the reasons the rich get richer, the poor get poorer, and the middle class struggles in debt is that the subject of money is taught at home, not in school. Most of us learn about money from our parents. So what can poor parents tell their child about money? They simply say, “Stay … Continue reading QOTD →

“But the truth is that wealth is what you don’t see.Wealth is the nice cars not purchased. The diamonds not bought. The watches not worn, the clothes forgone and the first-class upgrade declined. Wealth is financial assets that haven’t yet been converted into the stuff you see.” Excerpt FromThe Psychology of Money: Timeless Lessons on … Continue reading QOTD →