Author: LINUS FERNANDES
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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).
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James A Baldwin: Facing and changing
“Not everything that is faced can be changed, but nothing can be changed until it is faced.” —James A Baldwin.
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Thomas Szasz: Closest thing to a genuine panacea
“The greatest analgesic, soporific, stimulant, tranquilizer, narcotic, and to some extent even antibiotic — in short, the closest thing to a genuine panacea — known to medical science is work.” —Thomas Szasz, author, professor of psychiatry (15 Apr 1920-2012).
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James A Baldwin: Ignorance, allied with power
“It is certain, in any case, that ignorance, allied with power, is the most ferocious enemy justice can have.” —James A. Baldwin.
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Carl Sagan: Prescription for disaster
“Science is more than a body of knowledge; it is a way of thinking. I have a foreboding of an America in my children’s or grandchildren’s time—when the United States is a service and information economy; when nearly all the key manufacturing industries have slipped away to other countries; when awesome technological powers are in…
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Nikita Kruschev: Politicians
“Politicians are the same all over. They promise to build a bridge even where there is no river.” —Nikita Kruschev.
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Simon Sinek: Entrepreneurial adventure
“Forgo the entrepreneurial venture for an entrepreneurial adventure. Ventures succeed if we make money. Adventures succeed regardless.” —Simon Sinek.
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Alexandra Adornetto: Imagination
“Imagination makes us aware of limitless possibilities. How many of us haven’t pondered the concept of infinity or imagined the possibility of time travel? In one of her poems, Emily Bronte likens imagination to a constant companion, but I prefer to think of it as a built-in entertainment system.” —Alexandra Cornetto.
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Simon Sinek: Competence and integrity
“Trust has two dimensions: competence and integrity. We can forgive mistakes of competence. Mistakes of integrity are harder to overcome.“ —Simon Sinek.
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Ross Anderson: Facebook and privacy
“Academia has indeed got a lot to say about Facebook and privacy, but maybe not the things that Mr Zuckerberg wants to hear.” — Ross Anderson, a computer scientist at the University of Cambridge, responds to Mark Zuckerberg’s comments last week about needing “to understand whether there was something bad going on” at the academic…
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Erich Fromm: Solidarity
“Solidarity among men has one of its strongest foundations in the experience of sharing one’s own suffering with the suffering of all.” —Erich Fromm, social psychologist.
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Anatole France: Relaxation
“Man is so made that he can only find relaxation from one kind of labor by taking up another.” —Anatole France, novelist, essayist, Nobel laureate (16 Apr 1844-1924).
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James A Baldwin: Human attention
“There are few things more dreadful than dealing with a man who knows he is going under, in his own eyes, and in the eyes of others. Nothing can help that man. What is left of that man flees from what is left of human attention.” —James A. Baldwin.
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Simon Sinek: Trust
“Trust is built on telling the truth, not telling people what they want to hear.” —Simon Sinek.
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Charlie Chaplin: Ruthless world
“This is a ruthless world and one must be ruthless to cope with it.” —Charlie Chaplin.
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Simon Sinek: People are still people
“We can learn about our future from our past because, regardless of technology or the speed of innovation, people are still people.“ —Simon Sinek.
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Benjamin Banneker: Communication and manners
“Evil communication corrupts good manners. I hope to live to hear that good communication corrects bad manners.” —Benjamin Banneker.
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Leonardo da Vinci: Painting
“Painting is concerned with all the 10 attributes of sight; which are: Darkness, Light, Solidity and Colour, Form and Position, Distance and Propinquity, Motion and Rest.” —Leonardo da Vinci.
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Simon Sinek: Opportunity
“Opportunity is the discovery of a new route to a known destination.“ —Simon Sinek.
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Warren Buffett: Selling
“I think the most successful investors, if they sell at all, will be selling things that end up going a lot higher — because it means they’ve been buying into good businesses as they’ve gone along.” —Warren Buffett.
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Dr. B R Ambedkar: Development of self
“Unlike a drop of water which loses its identity when it joins the ocean, man does not lose his being in the society in which he lives. Man’s life is independent. He is born not for the development of the society alone, but for the development of his self.” —Dr. B R Ambedkar.
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Simon Sinek: Losing versus failing
“There is a difference between losing and failing. Losing reflects the score. Failing reflects our attitude.“ —Simon Sinek.