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Quotable Quotes

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“When I had no money I dreamt of all the things I’d buy some day. Today I have none of those things and I only dream of things money can’t buy.” – Jameson Lopp

“Change is the end result of all true learning” – Leo Buscaglia

“Not everything that counts can be counted, and not everything that can be counted counts.” – Albert Einstein

“The real movement of history, it turns out, is fueled not by matter but by spirit, by the will to freedom.” – Gertrude Himmelfarb 

“The amount of energy needed to refute b/s is an order of magnitude larger than to produce it.” – Brandolini’s Law

“Bear Market: An episode during which common stocks are returned to their rightful owners.” – Traditional Wall Street definition

“Every man I will meet is my master in some point, and in that I learn from him” – Emerson

“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

“Taxes are the price you pay for being right” – Unknown

“You may have the opportunity of a lifetime, but the trick is to make money in the lifetime of the opportunity” – Unknown 

“Act as if what you do makes a difference. It does.” – William James

“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

“Who you are in your head – your thoughts, desires, motivations, emotions, biases – none of it means you’re a god or bad person. All that matters is your behavior. If you have to override your natural inclinations to be a good outward person, that makes you especially admirable. ” -Tim Urban

“It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.” – Thomas Sowell

“Dopamine is not about the pursuit of happiness, it is about the happiness of pursuit.” – Dr. Robert Sapolsky

“Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold.” – Warren Buffet

“Be at war with your vices, at peace with your neighbors, and let every new year find you a better man.” – Benjamin Franklin

“Everyone is a disciplined, long-term investor…until the market goes down.” -Steve Forbes             

“When you were born, you cried, but the whole world smiled at you. Live such a life that when you die, the whole world cries, but you smile.” – Cherokee Proverb

“Put not your trust in money, but put your money in trust.”  Oliver Wendell Holmes, Sr.

“Anxiety is thought without control. Flow is control without thought.” – James Clear

“Pay attention to how readily people talk themselves out of things – and be wary of adopting the same narrative. People will often try to convince you their limiting beliefs should become your own. They do not. Find your own ceiling.” – James Clear

“Our favorite holding period is forever” – Warren Buffett

“It is not the critic who counts: not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat.” —Theodore Roosevelt