Genius Failed
“Long-Term Capital Management was an American hedge fund that managed more than $100 billion in assets at its peak. It was run by literal geniuses; many former university professors, two of whichRead More…
“Long-Term Capital Management was an American hedge fund that managed more than $100 billion in assets at its peak. It was run by literal geniuses; many former university professors, two of whichRead More…
“It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.” –Robert Kiyosaki
“I love money! I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline poweredRead More…
“Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.” -Ayn Rand
“Its all about fixing the investor; the only goal is providing behavioral learning that can make you a more grounded, more productive investor…to reduce situations where you are likely to make emotionalRead More…
“We want only the facts that justify our acts—the facts that fit in conveniently with our wishful thinking and justify our preconceived prejudices!” – Dale Carnegie
I am no longer an advocate of elaborate techniques of security analysis in order to find superior value opportunities. This was a rewarding activity, say 40 years ago, when Graham and DoddRead More…
Wealth starts with a budget. People who never have money have never lived on a budget. Spending does not lead earning. Spending follows earning. This isn’t wisdom, its common sense. Want toRead More…
I have never wished to cater to the crowd; for what I know they do not approve, and what they approve I do not know. –Epicurus READ THE CLASSIC: Extraordinary Delusions andRead More…
“EMOTIONS make you FEAR the market. EGO needs to BEAT the market. LOGIC tells you to BE the market.”