venturing.in

Only the disciplined ones in life are free. If you are undisciplined, you are a slave to your moods and your passions.

-Eliud Kipchoge

We generally believe you can just see anything in markets. I mean, it’s just extraordinary what happens in markets over time. It gets sorted out eventually, but we have seen companies sell for tens of billion dollars that are worthless. And at times, we have seen things sell for…literally 20 percent or 25 percent of what they were worth. So we have seen and will continue to see everything. It’s just the nature of markets. They produce wild, wild things over time. And the trick is, occasionally, to take advantage of one of those wild things and not to get carried away when other wild things happen because the wild things create their own truth for a while.

– Warren Buffett

If you won’t attack a problem while it’s solvable and wait until it’s unfixable, you can argue that you’re so damn foolish that you deserve the problem.

– Charlie Munger

Knowledge that does not change behaviour is useless. But knowledge that changes behaviour quickly loses its relevance. The more data we have and the better we understand history, the faster history alters its course, and the faster our knowledge becomes outdated.

– Yuval Noah Harari

Experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime. A few major opportunities, clearly recognizable as such, will usually come to one who continuously searches and waits, with a curious mind that loves diagnosis involving multiple variables. And then all that is required is a willingness to bet heavily when the odds are extremely favorable, using resources available as a result of prudence and patience in the past.

– Charlie Munger

Individual commitment to a group effort-that is what makes a team work, a company work, a society work, a civilization work.

– Vince Lombardi

The practical difference between risk and uncertainty is that in the former the distribution of the outcome in a group of instances is known, while in the case of uncertainty, this is not true because the situation dealt with is in high degree unique.

– Frank Knight

Under pressure you don’t rise to the occasion, you sink to the level of your training. That’s why we train so hard.

– A Navy SEAL on why training matters

We’re willing to plant seeds, let them grow—and we’re very stubborn. We say we’re stubborn on vision and flexible on details. In some cases, things are inevitable. The hard part is that you don’t know how long it might take, but you know it will happen if you’re patient enough.

– Jeff Bezos