“There is something in people; you might even call it a little bit of a gambling instinct… I tell people investing should be dull. It shouldn't be exciting. Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.” PeopleIfsWantShouldLittlesMightGrowsBitsLittle BitExcitingInstinctPaintInvestingGrassExcitementDryDullGamblingVegasLas Vegas Author:Paul Samuelson
“But the instinct of hoarding, like all other instincts, tends to become hypertrophied and perverted; and with the institution of private property comes another institution-that of plunder and brigandage. In private life, no motive of action is at present so powerful and so persistent as acquisitiveness, which unlike most other desires, knows no satiety. The average man is rich enough when he has a little more than he has got, and not till then.” KnowsMenLittlesEnoughActionDesirePowerfulRichInstitutionsPropertyInstinctAverageMotiveConsumerismPersistentPrivate LifePrivate PropertyOverconsumptionPlunderAverage ManHoardingSatiety Book:Outspoken essays Source: Outspoken essays
“That fundamentally undermines your ability to access the best part of your instincts. So my advice to those people would be stop thinking and introspecting so much and do a little more acting.” PeopleThinkingLittlesWould BeAbilityActingAdviceInstinctAccess Author:Malcolm Gladwell