- If investing wasn’t hard, everyone would be rich.
- There is no way you can live an adequate life without making mistakes.
- One of the greatest ways to avoid trouble is to keep it simple… the system often goes out of control.
- Forgetting your mistakes is a terrible error if you’re trying to improve your cognition. Reality doesn’t remind you. Why not celebrate stupidities in both categories?
- We both (Warren Buffett) insist on a lot of time being available almost every day to just sit and think. That is very uncommon in American business. We read and think.
- Develop into a lifelong self-learner through voracious reading; cultivate curiosity and strive to become a little wiser every day.
- Remember that reputation and integrity are your most valuable assets and can be lost in a heartbeat.
- If something is too hard, we move on to something else. What could be more simpler than that?
- Opportunity comes to the prepared mind
- The first rule of compounding: Never interrupt it unnecessarily.
Shyroon Changed status to publish January 1, 2023