“It is different every time. The relevant analytical exercise is to figure out what the differences are, what it all means, so that one can make sensib…
“Desire is a contract that you make with yourself to be unhappy until you get what you want.” –Naval
"Kerkorian makes these huge, stupid deals, and he always comes out richer."
Author Sebastian Mallaby on Understanding Legendary Investors“The key was to do an unreasonable amount of preparation work. It shows you're serious and not wasting people's time by asking the obvious questions."
"People don't have the patience to get rich slowly, so they go broke quickly." - Dividend Growth Investor @DividendGrowth
“To attain wisdom, subtract things every day.” -Lao Tzu
“Every battle is won before it is fought.” -Sun Tzu
“Take a simple idea and take it seriously.” — Charlie Munger
"In our world, the successful people are the ones who are able to do the creating and are able to push into the world." Marc Andreessen
Conversation with Dominique Mielle, Author of Damsel in DistressedListen now (56 min) | “Skill in distressed is to be able to think about different scenarios and to anticipate what the adversary is going to do with hi…
“The conventional wisdom about value investing was wrong.” “We are interested in the underlying economic reality of the business and not how they repor…
“I just sit in my office and read all day.” - Warren Buffett