When you have one foot in the future and the other in the past, you piss on the present.
– from 10% Happier book by Dan Harris
When most people say they want …
When most people say they want to be a millionaire, what they might actually mean is “I’d like to spend a million dollars.” And that is literally the opposite of being a millionaire.
– from The Psychology of Money book by Morgan Housel
We don’t control the turbulence or …
We don’t control the turbulence or tragedy that happens to our families. The plot of our lives is largely out of our control. We decide only the response of the main character. We decide whether we will be the one who jumps ship or the one who stays and leads.
– from Untamed book by Glennon Doyle
Adults often think that self-confidence is …
Adults often think that self-confidence is something a child learns, but little kids are by their nature always invincible, it’s self-doubt that needs to be taught.
– from My Friends book by Fredrik Backman
America, is a delusion, the grandest …
America, is a delusion, the grandest one of all. The white race believes – believes with all its heart – that it is their right to take the land. To kill Indians. Make war. Enslave their brothers. This nation shouldn’t exist, if there is any justice in the world, for its foundations are murder, theft, and cruelty. Yet here we are.
– from The Underground Railroad book by Colson Whitehead
To beat the market, you must …
To beat the market, you must be brave enough, independent enough, and strange enough to stray from the crowd.
– from Richer, Wiser, Happier book by William Green
The start up is a magical …
The start up is a magical place. It’s a place where expenses are someone else’s problem. It’s a place where that pesky thing called revenue is never an issue. It’s a place where you can spend other people’s money until you figure out a way to make your own. It’s a place where the laws of business physics don’t apply. The problem with this magical place is it’s a fairy tale. The truth is every business, new or old, is governed by the same set of market forces and economic rules. Revenue in, expenses out. Turn a profit or wind up gone.
– from Rework book by Jason Fried and David Heinemeier Hansson
Socialization always and everywhere means more …
Socialization always and everywhere means more power to the state, more control to bureaucrats, more security for the elites, and always at the expense of the rest of us.
– from End the Fed book by Ron Paul
Whereas most investment books and college …
Whereas most investment books and college curricula focus on teaching how to make good investments, everyone would be better off by learning how not to make bad investments. An investment career is probably among the very few that rewards the skeptic more than the optimist. Buffett is the best investor in the world because he is the best rejector in the world.
– from What I Learned About Investing from Darwin book by Pulak Prasad
It seems to be hard-wired into …
It seems to be hard-wired into most people’s psyches to become more optimistic and risk-tolerant when things are going well, and then more worried and risk-averse when things turn downward. That means they’re most willing to buy when they should be most cautious, and most reluctant to buy when they should be most aggressive. Superior investors recognize this and strive to behave as contrarians.
– from Mastering the Market Cycle book by Howard Marks