“Illusions commend themselves to us because they save us pain and allow us to enjoy pleasure instead. We must therefore accept it without complaint when they sometimes collide with a bit of reality against which they are dashed to pieces.” SometimesRealityPainBitsEnjoyPleasureAcceptingPiecesIllusionInvestingComplaintsCollide Book:Reflections on War and Death Source: Reflections on War and Death
“Investors, of course, can, by their own behavior make stock ownership highly risky. And many do. Active trading, attempts to "time" market movements, inadequate diversification, the payment of high and unnecessary fees to managers and advisors, and the use of borrowed money can destroy the decent returns that a life-long owner of equities would otherwise enjoy. Indeed, borrowed money has no place in the investor's tool kit.” LongUseCoursesEnjoyMovementReturnBehaviorToolsInvestingActiveManagersDecentOwnersInvestorsOwnershipUnnecessaryTradingEquityLong LifePaymentInadequateBorrowedFeesAdvisorsDiversificationBorrowed Money Author:Warren Buffett
“To enjoy a reasonable chance for continued better than average results, the investor must follow policies which are (1) inherently sound and promising, and (2) not popular on Wall Street.” EnjoySoundChanceResultsStreetsPolicyWallInvestingAverageReasonableInvestors Book:The Intelligent Investor, Rev. Ed Source: The Intelligent Investor, Rev. Ed
“Enjoy your work and have ethical standards.” ValuesEnjoyStandardsInvestingEthicalEthical StandardsEnjoy Your Work Author:Walter Schloss
“I want to make something I would find joy in consuming. Personally, I enjoy those projects that are worth me investing time and energy and thought into, to find a work that has more to say than will fit in a 4 minute song.” WantJoySongEnergyEnjoyMinutesFitProjectsInvestingConsumingTime And Energy Author:Crowder