The best way to talk to people about money …
is keeping the phrases, “What do you want to do?” or “Whatever works for you,” loaded and ready to fire. You can explain to other people the history of what works and what hasn’t while acknowledging their preference to
sleep well at night over your definition of “winning.” –
Morgan Housel
Always be prepared …
“Invest in things that have never happened before, hedge for regression to the mean, and
plan for the unimaginable.” – John Burbank a Hedge Fund Manager
Stick to your principles …
“It’s easier to hold your principles 100% of the time than it is to hold them 98% of the time.” – Clayton M. Christensen author of
How Will You Measure Your Life
“We tend to grossly overestimate the pleasure ......
