“…most investors think quality, as opposed to price, is the determinant of whether something’s risky. But high quality assets can be risky, and low quality assets can be safe. It’s just a matter of the price paid for them. . . . Elevated popular opinion, then, isn’t just the source of low return potential, but also of high risk.”
––Howard Marks.
“As empty vessels make the loudest sound, so they that have the least wit are the greatest blabbers.”
—Plato.
“The body does whatever it wants. I am not my body; I am my mind.”
—Rita Levi-Montalcini.
“Solitude is fine but you need someone to tell that solitude is fine.”
—Honore de Balzac.
“Organizations are not limited by their opportunity; they are limited by their leader.”
—Dave Ramsey.
“At the end of the day, you’re responsible for yourself and your actions and that’s all you can control. So rather than be frustrated with what you can’t control, try to fix the things you can.”
“The tragedy in the lives of most of us is that we go through life walking down a high-walled lane with people of our own kind, the same economic situation, the same national background and education and religious outlook. And beyond those walls, all humanity lies, unknown and unseen, and untouched by our restricted and impoverished lives.”
—Florence Luscomb.
