Author: LINUS FERNANDES
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Warren Buffett: Important and knowable
“We try to think about things that are both important and knowable. There are important things that are not knowable…. And there are things that are knowable, but not important — and we don’t want to clutter up our minds with those. We ask ourselves: ‘What’s important and knowable?’… There are all kinds of important…
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Charlie Munger: Currents
“We’re not predicting the currents that will come just how some things will swim whatever the currents may be.” —Charlie Munger (1998 Berkshire Hathaway Annual Meeting, via Outstanding Investor Digest).
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Simon Sinek: Hope
“If there are people who care, then there is hope. If hope is lost, then no one will care.” —Simon Sinek.
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Margaret Thatcher: Profound belief
“I place a profound belief — indeed a fervent faith — in the virtues of self-reliance and personal independence.” —Margaret Thatcher, prime minister.
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C Joybell C: Day I understood everything
“The day I understood everything, was the day I stopped trying to figure everything out. The day I knew peace was the day I let everything go.” —C Joybell C.
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Wolfgang Pauli: Publishing faster than you think
“I don’t mind that you think slowly but I do mind that you are publishing faster than you think.” —Wolfgang Pauli, physicist, Nobel laureate (25 Apr 1900-1958) .
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Ben Franklin: Crosses and losses
“After crosses and losses men grow humbler and wise.” —Ben Franklin.
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Charlie Munger: What human enterprises need
“There’s integrity, intelligence, experience and dedication. That’s what human enterprises need to run well.” —Charlie Munger.
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Thomas Hobbes: Men’s avarice
“The bonds of words are too weak to bridle men’s avarice .” —Thomas Hobbes.
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Simon Sinek: Show respect
“We can respect people even if we disagree with them. Feel free to disapprove of actions but remember to show respect for what inspires others.” —Simon Sinek.
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Al Pacino: Shyness
“My first language was shy. It’s only by having been thrust into the limelight that I have learned to cope with my shyness.” —Al Pacino.
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Eric Holder: Worth minding
“A man is likely to mind his own business when it is worth minding. When it is not, he takes his mind off his own meaningless affairs by minding other people’s business.” —Eric Hoffer, writer and social critic.
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Ward Cunningham: Simplicity
“Simplicity is the shortest path to a solution.” —Ward Cunningham, computer programmer.
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Anthony Trollope: Best-dressed
“I hold that gentleman to be the best-dressed whose dress no one observes.” —Anthony Trollope, novelist (24 Apr 1815-1882).
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Warren Buffett: Get it corrected
“[Charlie and I] really don’t worry. We just do the best we can. When we have capital to allocate, sometimes it’s very easy to do and sometimes it’s almost impossible. However, we’re not going to stay up at night and worry about it – – – because the world changes. If we were worried about…
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Simon Sinek: Mentor
“A mentor is not someone who walks ahead of us to show us how they did it. A mentor walks alongside us to show us what we can do.” —Simon Sinek.
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Shirley MacLaine: Useless
“It’s useless to hold a person to anything he says while he’s in love, drunk, or running for office.” —Shirley MacLaine.
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Samuel Johnson: Woman’s preaching
“A woman’s preaching is like a dog walking on his hind legs. It is not done well, and you are surprised to find it done at all.” —Samuel Johnson.
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Steve Jobs: They’ll want something new
“You can’t just ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.” —Steve Jobs, entrepreneur.
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William Shakespeare: To thine own self be true
“This above all: to thine own self be true, / And it must follow, as the night the day, / Thou canst not then be false to any man.” —William Shakespeare, poet and dramatist (23 Apr 1564-1616).
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Joel Greenblatt: Ownership shares of businesses
“My definition of value is figure out what the business is worth and pay a lot less. It is not low price-to-book, low price-to-sales investing…. As Warren Buffett would say, value and growth are tied at the hip. Growth is part of value…. The reason I’m a value investor, according to our definition, is stocks…
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Frank Voehl: Good person, bad system
“When a good person meets a bad system, the system always wins.” —Frank Voehl.
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Valerie Bertinelli: Old-school workout
“I’ve got this old-school workout — push-ups, sit-ups, tricep dips. And it worked. Anybody can do this at home.” —Valerie Bertinelli.
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Simon Sinek: You’ll work hard every single day
“Find a place where you feel like you belong, where you can be yourself, and you’ll work hard every single day.“ —Simon Sinek.
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Erica Jong: Talent
“Everyone has talent. What is rare is the courage to follow the talent to the dark place where it leads.” —Erica Jong, writer.
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Graham and Dodd: Desirability of common stock
“The notion that the desirability of a common stock was entirely independent of its price seems incredibly absurd. Yet the new-era theory [of 1927-1929] led directly to this thesis. If a public-utility stock was selling at 35 times its maximum recorded earnings, instead of 10 times its average earnings, which was the preboom standard, the…
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Queen Elizabeth II: Bible
“To what greater inspiration and counsel can we turn than to the imperishable truth to be found in this treasure house, the Bible?” —Queen Elizabeth II.
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Pietro Aretino: Telling you the truth
“I love you, and because I love you, I would sooner have you hate me for telling you the truth than adore me for telling you lies.” —Pietro Aretino, satirist and dramatist (20 Apr 1492-1556).
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Charlie Munger: Own lack of talent
“We have to have an idea that is (A) a good idea and (B) a good idea that we can understand. It’s that simple. So our filters are filters against consequences from our own lack of talent.” –Charlie Munger (1998 Berkshire Hathaway Annual Meeting, via Outstanding Investor Digest).
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Warren Buffett: Filters
“Well, we do have filters. And sometimes those filters are very irritating to people who check in with us about businesses – because we really can say “no” in 10 seconds or so to 90%+ of all of the things that come along simply because we have these filters. First, we want businesses that we…
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Simon Sinek: Rule books and frameworks
“Rule books tell people what to do. Frameworks guide people how to act. Rule books insist on discipline. Frameworks allow for creativity.” —Simon Sinek.
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Carmen Electra: Being flirty
“Being flirty is a way of letting a guy know you’re interested without making a fool out of yourself.” —Carmen Electra.
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William Somerset Maugham: Exaggerated stress
“Like all weak men he laid an exaggerated stress on not changing one’s mind.” —William Somerset Maugham, writer (25 Jan 1874-1965) .
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Anne Morrow Lindbergh: Gift from the sea
“The sea does not reward those who are too anxious, too greedy or too impatient. … One should lie empty, open, choiceless as a beach — waiting for a gift from the sea.” —Anne Morrow Lindbergh, author and aviator.
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Fred Brooks: Adding manpower
“Adding manpower to a late software project makes it later.” —Fred Brooks, computer scientist (b. 19 Apr 1931).
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Marty Whitman: Complex and unpredictable
“The financial world is so complex and unpredictable that a fair amount of our analyses will prove to have been flawed…. A dirt-cheap price is an anchor to windward against misperceiving current situations, or being unable to make accurate forecasts.” —Marty Whitman.
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Simon Sinek: Numbers and people
“Managers work to see numbers grow. Leaders work to see people grow.” —Simon Sinek.
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Bruce Willis: Big love of your life
“When you think about where are you going to find that big love of your life, you seldom think it’s someone you already know. You think it’s someone you’re yet to meet.” —Bruce Willis.
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Sylvia Plath: Consuming interest
“My consuming interest in men and their lives is often misconstrued as a desire to seduce them, or as an invitation to intimacy. Yes, God, I want to talk to everybody as deeply as I can. I want to be able to sleep in an open field, to travel west, to walk freely at night.”…
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James A Michener: Better stay home
“If you reject the food, ignore the customs, fear the religion and avoid the people, you might better stay home.” —James A. Michener, author.
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Clarence Darrow: Anybody could become President
“When I was a boy I was told that anybody could become President. I’m beginning to believe it.” —Clarence Darrow, lawyer and author (18 Apr 1857-1938).
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Warren Buffett: Markets can do anything
“Markets can do anything. If you look at the history of markets, you see everything under the sun. But we have no time frame [for doing something]. If the money piles up, then it piles up. And when we see something that makes sense, we’re willing to act very fast and very big. But we’re…
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Simon Sinek: Average and great organizations
“Average organizations give their people something to work on. Great organizations give their people something to work toward.” —Simon Sinek.
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Susan Faludi: System of heroism
“The system of heroism depends on women to be weak so men can be strong.” —Susan Faludi.
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Simon Sinek: Nothing will get off the ground
“If we don’t give things a try, nothing will get off the ground.“ —Simon Sinek.
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Isak Dinesen: Birds in cages
“If only I could so live and so serve the world that after me there should never again be birds in cages.” —Isak Dinesen (pen name of Karen Blixen), author (17 Apr 1885-1962).
