. . . mothers are often fondest of the child which has caused them the greatest pain.
There are two main drivers of asset class returns - inflation and growth.
More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look at themselves and others objectively
To make money in the markets, you have to think independently and be humble.
Unlike in school, in life you don't have to come up with all the right answers. You can ask the people around you for help - or even ask them to do the things you don't do well. In other words, there is almost no reason not to succeed if you take the attitude of 1) total flexibility - good answers can come from anyone or anywhere (and in fact, as I have mentioned, there are far more good answers 'out there' than there are in you) and 2) total accountability: regardless of where the good answers come from, it's your job to find them.
Be wary of the arrogant intellectual who comments from the stands without having played on the field.
The more you think you know, the more closed-minded you'll be.
Book writing is not a get-rich-quick scheme. Anyone who decides to write a book must expect to invest a lot of time and effort without any guarantee of success. Books do not write themselves and they do not sell themselves. Authors write and promote their books.
I never really like to skate in an empty ice rink; I always need the attention of an audience.
Certitude is not the test of certainty.
Only the more uncompromising of the mystics still seek for knowledge in a silent land of absolute intuition, where the intellect finally lays down its conceptual tools, and rests from its pragmatic labors, while its works do not follow it, but are simply forgotten, and are as if they never had been.