There’s no such thing as a worry-free investment. The trick is to separate the valid worries from the idle worries, and then check the worries against the facts.
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Who Is An Expert?
Planning Should Not Become Procrastination
Planning and preparation are useful until they become a form of procrastination.
Is this task enhancing my actions or substituting for them?
What Makes For Good Jokes
The telling of jokes is an art of its own, and it always rises from some emotional threat. The best jokes are dangerous, and dangerous because they are in some way truthful.
Sewage
If you put a spoonful of wine in a barrel of sewage, you get sewage. If you put a spoonful of sewage in a barrel of wine, you get sewage.
Creating Wealth
Wealth is created… primarily by knowledge and cooperation: networks of people arrange matter into improbable but useful configurations and combine the fruits of their ingenuity and labor. The corollary is that we can figure out how to make more wealth.
– Steven Pinker, Enlightenment Now
Illusions Make Us Feel Good
The nature of illusion is that it’s designed to make you feel good. About yourself, about your country, about where you’re going – in that sense it functions like a drug. Those who question that illusion are challenged not so much for the veracity of what they say, but for puncturing those feelings.
Don’t Get Off The Train
When you’re right about something, don’t get off the train…I think it might have been Peter Lynch who talked about that — that human tendency to want to, you know, sell your winner — pulling the flowers and watering the weeds.
Run The Marathon To Its Entirety
We had lived a life of austerity and become masters of our habits rather than slaves of our greed. We owed it to our families, youngsters in the company, the industry, society and finally, to ourselves to run this marathon to its entirety.