“There is nothing wrong with
changing a plan when the situation has changed.” –Seneca
“Occasions when you can change your mind should be cherished, because they mean you’re smarter than you were before.” -Malcolm Gladwell
“Occasions when you can change your mind should be cherished, because they mean you’re smarter than you were before.” -Malcolm Gladwell
“Life is not about waiting for the
storm to pass, it is about learning to dance in the rain.” -Unknown
“Discovery is looking at what
everyone else sees, and seeing what everyone else misses.” -Kauffman Foundation
“Don't be astonished at new ideas;
you know it does not cease to be true because it is not accepted by many.”
-Benedict de Spinoza
"The stock market is filled
with individuals who know the price of everything, but the value of
nothing." - Phil Fisher
"In economics, you always want
to ask 'And then what?'" - Warren Buffett
“There is a tide in the affairs of men which, taken at the flood, leads on to fortune.” -Shakespeare
“The first principle is that you must not fool yourself, and you are the easiest person to fool.” -Richard Feynman
"The chains of
habit are too light to be felt until they are too heavy to be broken."
-Warren Buffett
“The minute you get away
from the fundamentals – whether it’s proper technique, work ethic, or mental
preparation – the bottom can fall out of your game, your schoolwork, your job, whatever
you’re doing.” -Michael Jordan
“Plough deep, while sluggards sleep,
and you shall have corn to sell and keep. Work while it is called today, for
you know not how much you may be hindered tomorrow. One today is worth two
tomorrows, and Never leave that till tomorrow, which you can do today.”
“If you were a servant, would you not be ashamed that a good master should catch you idle? Are you then your own master? Be ashamed to catch yourself idle when there is so much to be done for yourself, your family, and your country. Handle your tools without mittens: Remember, that the cat in gloves catches no mice.”
“It is true, there is much to be done, and perhaps, you are weak handed; but stick to it steadily, and you will see great effects; for Constant dropping wears away stones; and by diligence and patience the mouse ate in two the cable; and little strokes fell great oaks.” -Ben Franklin
“If you were a servant, would you not be ashamed that a good master should catch you idle? Are you then your own master? Be ashamed to catch yourself idle when there is so much to be done for yourself, your family, and your country. Handle your tools without mittens: Remember, that the cat in gloves catches no mice.”
“It is true, there is much to be done, and perhaps, you are weak handed; but stick to it steadily, and you will see great effects; for Constant dropping wears away stones; and by diligence and patience the mouse ate in two the cable; and little strokes fell great oaks.” -Ben Franklin
“Acquire Riches by Industry and
Frugality.” -Ben Franklin
“Your life must focus on the maximization of objectivity." -Charlie Munger
“A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.” -Charlie Munger
“Your life must focus on the maximization of objectivity." -Charlie Munger
“A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind, loving diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.” -Charlie Munger
"Ain't only three
things to gambling: knowing the 60-40 end of the proposition, money management,
and knowing yourself." -"Puggy" Pearson
"Here's one truth that perhaps your typical investment counselor would disagree with: if you're comfortably rich and someone else is getting richer faster than you by, for example, investing in risky stocks, so what?! Someone will always be getting richer faster than you. This is not a tragedy.” -Charlie Munger
“He is a wise man who does not grieve for the
things which he has not, but rejoices for those which he has.” -Epictetus
Baruch Spinoza (born Benedito de Espinosa; 24 November 1632 – 21 February 1677, later Benedict de Spinoza) was a Dutch philosopher.The breadth and importance of Spinoza's work was not fully realized
until years after his death. By laying the groundwork for the 18th
century Enlightenment and modern biblical criticism, including modern conceptions of the self and, arguably, the universe, he came to be considered one of the great rationalists of 17th-century philosophy. His magnum opus, the posthumous Ethics, in which he opposed Descartes's mind–body dualism, has earned him recognition as one of Western philosophy's most important thinkers. In the Ethics,
"Spinoza wrote the last indisputable Latin masterpiece, and one in
which the refined conceptions of medieval philosophy are finally turned
against themselves and destroyed entirely."
Charles Thomas Munger
(born January 1, 1924) is an American business magnate, lawyer,
investor, and philanthropist. He is Vice-Chairman of Berkshire Hathaway
Corporation, the diversified investment corporation chaired by Warren
Buffett; in this capacity, Buffett describes Munger as "my partner."
Munger served as chairman of Wesco Financial Corporation
from 1984 through 2011 (Wesco was approximately 80%-owned by
Berkshire-Hathaway during that time). He is also the chairman of the
Daily Journal Corporation, based in Los Angeles, California, US, and a
director of Costco Wholesale Corporation.
Malcolm T. Gladwell, (born September 3, 1963) is a Canadian journalist, bestselling author, and speaker. He has been a staff writer for The New Yorker since 1996. He has written five books, The Tipping Point: How Little Things Can Make a Big Difference (2000), Blink: The Power of Thinking Without Thinking (2005), Outliers: The Story of Success (2008), What the Dog Saw: And Other Adventures (2009), a collection of his journalism, and David and Goliath: Underdogs, Misfits, and the Art of Battling Giants (2013). All five books were on The New York Times Best Seller list.
