Inspiration “What you get by achieving your goals is not as important as what you become by achieving your goals.” – Henry David Thoreau
Wisdom “The amount of energy needed to refute b/s is an order of magnitude larger than to produce it.” – Brandolini’s Law
Wisdom “Yesterday I was clever so I wanted to change the world. Today I am wise so I am changing myself.” – Rumi
Investing “The presence or absence of intrinsic productive capacity that lends itself to rational valuation seems to me the dividing line between investment and speculation” – Nick Murray
Investing “Advisors can create the best portfolios in the world, but they won’t really matter if the clients don’t stay in them.” – Harry Markowitz
Investing “Dost thou love life? Then do not squander time, for that is the stuff life is made of.” – Benjamin Franklin
Investing “Diversification is the one free lunch of investing, and when you see a free lunch, the only rational thing to do is eat.” -Cliff Asness
Investing “The whole secret of investment is to find places where it’s safe and wise to non-diversify. It’s just that simple.” – Charlie Munger
Wisdom “Dopamine is not about the pursuit of happiness, it is about the happiness of pursuit.” – Dr. Robert Sapolsky
Wisdom “Sometimes success is 3% brains and 97% not getting distracted by the internet.” – Shane Parrish
Inspiration “When you catch up with friends after a really long time, you are basically looking at yourself in the past.” -Ankur Warikoo”
Inspiration “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.” – Alan Greenspan
Inspiration -Measure wealth not by the things you have, but by the things you have for which you would not take money.” – Dave Ramsey
Inspiration “A champion is defined not by their wins, but how they can recover when they fall.” – Serena Williams
Investing “Sometimes it is best to simply say “I don’t know exactly what is going to happen, but I think X strategy has a high probability of working. I’m going to put skin-in-the-game and allocate capital according to X strategy. If I see data points Y and Z change, then I will re-evaluate my perspective.” – Pomp
Wisdom “The young man knows the rules, but the old man knows the exceptions.” – Oliver Wendell Holmes
Inspiration ““The advice shouldn’t be to act your age. It should be to act your spirit. Your age may try to prohibit you from dancing like that, or starting over, or trying something new. But your spirit would never do such a thing. If something feels aligned, your spirit wants you to go for it, whether you’re 15 or 85. Acting your age makes you fit in more, while acting your spirit will indeed cause you to stand out—in a bad way to people who act their age, but in an inspiring way to those who act their spirit. Try acting your spirit from time to time, and you can see for yourself which path makes you feel more alive.” – Light Watkins