your favorite quotes & one-liners

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AnnetteLouisan
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Re: your favorite quotes & one-liners

Post by AnnetteLouisan »

“He was selling his soul… but nobody was buying.”

“The secret to investing is knowing what to say ‘no’ to.” - Warren Buffett

“The only thing worse than being exploited by capitalism is not being exploited by it.”
Last edited by AnnetteLouisan on Thu Jan 05, 2023 7:18 pm, edited 3 times in total.
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Re: your favorite quotes & one-liners

Post by johnegonpdx »

"do unto others . . . then run." Benny Hill.
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Re: your favorite quotes & one-liners

Post by arcticpineapplecorp. »

1. “When asked what the stock market will do: It will fluctuate.” — J. P. Morgan.

2. William Sharpe (Nobel laureate) said in real estate the three most important things are location, location, location. In investing the three most important things are diversification, diversification and diversification. source: https://www.youtube.com/watch?v=SXab7pFUfjY

3. William Bernstein said in the four pillars of investing:
In other words, concentrating your portfolio in a few stocks maximizes your chances of getting rich. Unfortunately, it also maximizes your chance of becoming poor. Owning the whole market—indexing—minimizes your chances of both outcomes by guaranteeing you the market return. pages 101-102.
4. All of these John Bogle Quotes

5.
"Those with enterprise haven't the money, and those with money haven't the enterprise, to buy stocks when they are cheap."--Benjamin Graham

In other words, those with the enterprise—the plungers—had long since run out of cash, and those who kept themselves in cash hadn't the courage.

source: http://efficientfrontier.com/ef/0adhoc/Rightful.htm
It's hard to accept the truth when the lies were exactly what you wanted to hear. Investing is simple, but not easy. Buy, hold & rebalance low cost index funds & manage taxable events. Asking Portfolio Questions | Wiki
Mr. Rumples
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Re: your favorite quotes & one-liners

Post by Mr. Rumples »

A few southern expressions for y'all.

"A rooster one day and a feather duster the next." Meaning don't brag about your wealth since it could all be gone overnight.
"Happy as a dead pig in the sunshine." Means oblivious to how things are going.
"Slap me with bread and call me a sandwich." Means you are astonished.
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Re: your favorite quotes & one-liners

Post by tenkuky »

Mr. Rumples wrote: Thu Jan 05, 2023 7:22 pm A few southern expressions for y'all.

"A rooster one day and a feather duster the next." Meaning don't brag about your wealth since it could all be gone overnight.
"Happy as a dead pig in the sunshine." Means oblivious to how things are going.
"Slap me with bread and call me a sandwich." Means you are astonished.
What about...
"Bless his/her little heart" (spoiler, it is not generally meant in a sympathetic way)
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Re: your favorite quotes & one-liners

Post by Nicolas »

Mr. Rumples wrote: Thu Jan 05, 2023 7:22 pm A few southern expressions for y'all.

"A rooster one day and a feather duster the next." Meaning don't brag about your wealth since it could all be gone overnight.
"Happy as a dead pig in the sunshine." Means oblivious to how things are going.
"Slap me with bread and call me a sandwich." Means you are astonished.
Here’s another southernism I heard in the wild, “That dog won’t hunt”.
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Re: your favorite quotes & one-liners

Post by SmileyFace »

Happy Sweet 16th! (age of this thread oddly resurrected 16 years later)

My fave
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Curly Howard of the three stooges.
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Re: your favorite quotes & one-liners

Post by tommy85 »

“Everybody gets promoted to their highest level of incompetence”
-Unknown
Mr. Market is Bipolar.
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arcticpineapplecorp.
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Re: your favorite quotes & one-liners

Post by arcticpineapplecorp. »

tommy85 wrote: Thu Jan 05, 2023 9:54 pm “Everybody gets promoted to their highest level of incompetence”
-Unknown
This is the Peter Principle, named for a book and concept by Laurence J. Peter:
https://www.google.com/search?client=fi ... +principle

it's actually an interesting concept that people just take as a joke for people who get promoted who probably shouldn't have, but in reality the Peter Principle is the notion that often in companies a person is very good at their job (say entry level) and because they're good they then get promoted to the next level, which is usually supervisor. Unfortunately the skills required to be a good supervisor are completely different than those for entry level work. Now it doesn't mean that worker can't possess/develop those new skills (to be a good supervisor), but if they're really good at supervising, then they go to the next level. Problem is, if they're not good at the level they've been promoted to, they're stuck there...in a job they're not good at (and they were better at the lower level job they left). So now people are often doing jobs they're not good at because they got promoted from something they were good at, and because they're not good at the next level, they're just stuck there, being bad at their new job!

hope that explanation didn't ruin the one-liner too much. I just learned more about this last year listening to some podcasts about it.
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Re: your favorite quotes & one-liners

Post by Captain_Video »

Investors should be less concerned with return on their money, and more concerned with return of their money. - Unknown
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Re: your favorite quotes & one-liners

Post by cheese_breath »

We have to pass the bill so that you can find out what is in it.... Nancy Pelosi
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by secondopinion »

cheese_breath wrote: Thu Jan 05, 2023 10:34 pm We have to pass the bill so that you can find out what is in it.... Nancy Pelosi
:oops:

(Disclaimer: non-party voter)
Passive investing: not about making big bucks but making profits. Active investing: not about beating the market but meeting goals. Speculation: not about timing the market but taking profitable risks.
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Re: your favorite quotes & one-liners

Post by itispossible »

Pigs get fat, hogs get slaughtered.
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Re: your favorite quotes & one-liners

Post by itispossible »

I have only one wish -- that I have no more wishes.
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Re: your favorite quotes & one-liners

Post by cheese_breath »

Dogs have masters. Cats have staff.
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by jjunk »

Opportunity is missed by most people because it is dressed in overalls and looks like work - credited to Edison I believe

To the dumb question, 'Why me?' the cosmos barely bothers to return the reply, 'Why not? - Hitchens

Somewhere in the world is a doctor who is worse than all other doctors...and someone has an appointment with him in the morning. - Carlin
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Re: your favorite quotes & one-liners

Post by or4cle »

"Everybody has a plan until they get punched in the mouth." -- Mike Tyson
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Re: your favorite quotes & one-liners

Post by latenightrob »

How dare you say that to my face, - "I'd say it to your back but I only have a half of tank of gas". Al Bundy
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Re: your favorite quotes & one-liners

Post by btq96r »

Edison said this lamenting our financial system. I took it as inspiration that we have the system we do, and investing was the only way to truly get ahead. Hard work, while noble and necessary, would only get me so far.

"People who will not turn one shovel of dirt on the project nor contribute a pound of materials will collect more money...than will the people who supply all the materials and do all the work."
-Thomas Edison


This keeps me in perspective on the day to day...

“A hundred times every day I remind myself that my inner and outer life depend on the labors of other men, living and dead, and that I must exert myself in order to give in the same measure as I have received."
-Albert Einstein


And applicable to so many things, investing included...

"The past temps us, the present confuses us, and the future frightens us. And our lives slip away moment by moment in that vast terrible in-between."
- Emperor Turhan (Babylon 5)
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Re: your favorite quotes & one-liners

Post by Godot »

"Hey Laaaady!"

- Jerry Lewis
"You're on earth. There's no cure for that." | ― Samuel Beckett
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Re: your favorite quotes & one-liners

Post by Parkinglotracer »

Just because you are paranoid doesn’t mean someone is not out to get you.

No good deed goes unpunished

You can always catch up on your sleep, but you can never catch up on your fun.

Fighter pilot 101 - death is a small price to pay compared to looking bad

Up in headquarters they scream and they shout about matters that know Nothing about

If your out goes exceed your income, your upkeep will be your downfall

If the heats on you it’s not on me
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Re: your favorite quotes & one-liners

Post by LadyGeek »

This thread is now in the US Chapters forum (community discussion).

I removed a post containing content above our family-friendly threshold. The language was fine, but the "adult" subject matter was not.

Let's stick with quotes and one-liners related to investing and personal finance.
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Re: your favorite quotes & one-liners

Post by Stinky »

Parkinglotracer wrote: Fri Jan 06, 2023 5:42 am Just because you are paranoid doesn’t mean someone is not out to get you.
This was the absolute favorite saying of my former employer's general counsel.

And she was right! In any competitive industry, there is always somebody "out to get you".
Retired life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
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Post by siriusblack »

Sunny Sarkar wrote: Thu Jul 05, 2007 6:39 pm
VictoriaF wrote:Time is Money. (Time = Money)
Knowledge is Power. (Knowledge = Power)
Work is Power times Time. (Work = Power x Time)

From the latter we get:
Time = Work / Power

Substituting Money for Time and Knowledge for Power, we get:
Money = Work / Knowledge

Morale:
The more Knowledge you possess the less Money you get !

Victoria
No wonder Buddha had to beg for a living :-)
What a great thread! Reading top to bottom... and I know I'm responding to a post from like 15 years ago:

There's a mistake in the equation here. When we say Time=Money, what we mean is you either trade time for money, OR you trade money for time. So, it should be: Time = -Money. Or, -Time = Money. (Notice the negative sign.)

This makes the final equation:
Money = - Work / Knowledge. So, the more knowledge you have, the less money you lose :)
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Re: your favorite quotes & one-liners

Post by willybiggs »

Can say this about Meetings or other things....

"After all was said and done, more was said than done"
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Re: your favorite quotes & one-liners

Post by Mr. Rumples »

"It is easier to build two chimneys, than to keep one in fuel" Benjamin Franklin, Way to Wealth 1758
"Creditors have better memories than debtors". Benjamin Franklin, Way to Wealth 1758
Last edited by Mr. Rumples on Sat Jan 07, 2023 3:24 pm, edited 4 times in total.
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Re: your favorite quotes & one-liners

Post by cashmoney »

" Ain't Nobody Got Time for That! " Sweet Brown internet legend
Last edited by cashmoney on Sat Jan 07, 2023 3:23 pm, edited 1 time in total.
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Re:

Post by Mr.BB »

NAVigator wrote: Mon Jul 02, 2007 10:58 pm To put things in perspective;

Money
It can buy a house, but not a home.
It can buy a clock, but not time.
It can buy you a position, but not respect.
It can buy you a bed, but not sleep.
It can buy you a book, but not knowledge.
It can buy you medicine, but not health.


Jerry
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Re: your favorite quotes & one-liners

Post by Mr.BB »

Life is 10% what happens to you and 90% how you react to it. ~Charles Swindoll
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
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Re: your favorite quotes & one-liners

Post by Old Guy »

Things are in the saddle and ride mankind.

Ralph Waldo Emerson
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Re: your favorite quotes & one-liners

Post by cheese_breath »

Old Guy wrote: Sat Jan 07, 2023 3:26 pm Things are in the saddle and ride mankind.

Ralph Waldo Emerson
I'm back in the saddle again.... Gene Autry
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by tenkuky »

cheese_breath wrote: Sat Jan 07, 2023 4:30 pm
Old Guy wrote: Sat Jan 07, 2023 3:26 pm Things are in the saddle and ride mankind.

Ralph Waldo Emerson
I'm back in the saddle again.... Gene Autry
Wait, wasn't that Aerosmith?
From "Rocks" album.
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Re: your favorite quotes & one-liners

Post by cheese_breath »

tenkuky wrote: Sat Jan 07, 2023 4:34 pm
cheese_breath wrote: Sat Jan 07, 2023 4:30 pm
Old Guy wrote: Sat Jan 07, 2023 3:26 pm Things are in the saddle and ride mankind.

Ralph Waldo Emerson
I'm back in the saddle again.... Gene Autry
Wait, wasn't that Aerosmith?
From "Rocks" album.
I prefer the original
https://www.youtube.com/watch?v=rSqcxFGFVas
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by OpenMinded1 »

I am the wisest man alive, for I know one thing, and that is that I know nothing.~Socrates
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Re: your favorite quotes & one-liners

Post by Barry Barnitz »

Shakespeare on the value of diversification from The Merchant of Venice:

SALERIO: ... I know Antonio is sad to think upon his merchandise.

ANTONIO: Believe me, no. I thank my fortune for it
My ventures are not in one bottom trusted,
Nor to one place; nor is my whole estate
Upon the fortune of this present year.
Therefore my merchandise makes me not sad.
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Re: your favorite quotes & one-liners

Post by Parkinglotracer »

Stinky wrote: Fri Jan 06, 2023 7:45 am
Parkinglotracer wrote: Fri Jan 06, 2023 5:42 am Just because you are paranoid doesn’t mean someone is not out to get you.
This was the absolute favorite saying of my former employer's general counsel.

And she was right! In any competitive industry, there is always somebody "out to get you".
Great lawyer quote indeed! Yes one’s worries, rational or irrational, have no affect on what’s really going on. Somewhere related is another favorite “for every good looking woman in the world, there is someone neglecting her” another reason to be paranoid.
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Re: your favorite quotes & one-liners

Post by uaeebs86 »

willybiggs wrote: Sat Jan 07, 2023 2:35 pm Can say this about Meetings or other things....

"After all was said and done, more was said than done"
In that same vein:

"Never mistake activity for achievement." -John Wooden
"Things work out best for those who make the best of the way things work out." ― John Wooden
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Re: your favorite quotes & one-liners

Post by mickeyd »

All hat. No cattle.

Self explanatory Texas reference to big pretenders.
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle
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Re: your favorite quotes & one-liners

Post by cheese_breath »

No brag, just fact... Walter Brennan... The Guns of Will Sonnett
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by brian91480 »

Peace takes 2 willing partners.

Conflict only takes 1 willing partner.

--- Brian
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Re: your favorite quotes & one-liners

Post by rivendell »

“Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.”

Charles Dickens, David Copperfield



“Wealth consists not in having great possessions but in having few wants.”

Epictetus
“On a long enough time line, the survival rate for everyone drops to zero.” | ― Chuck Palahniuk
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Re: your favorite quotes & one-liners

Post by snackdog »

“I have nothing but faith in you…and very little of that!l
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Re: your favorite quotes & one-liners

Post by FIRWYW »

(Not from MY religion but a quote I try to live by)

“No amount of success can make up for failure in the home.”
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Re: your favorite quotes & one-liners

Post by Mr.BB »

One of my favorite lines came from my wife talking to my doctor before my colonoscopy. She told him
" His head is so far up his butt, while your in there why don't you put a window in his stomach so he has a view".
Last edited by Mr.BB on Mon Jan 09, 2023 3:24 pm, edited 1 time in total.
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."
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Re: your favorite quotes & one-liners

Post by tenkuky »

Mr.BB wrote: Mon Jan 09, 2023 2:36 pm One of my favorite lines came from my wife talking to my doctor before my colonoscopy. She told him
" His head is so far up his ass, while your in there why don't you put a window in his stomach so he has a view".
Be ready for LG to ding you for "not family friendly language" :shock:
That is funny tho
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Re: your favorite quotes & one-liners

Post by cheese_breath »

You're a legend in your own mind ... Dirty Harry (Clint Eastwood)
The surest way to know the future is when it becomes the past.
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Re: your favorite quotes & one-liners

Post by Metsfan91 »

We are living through the closing chapters of the established and traditional way of life. We are in the early beginning of a struggle, which will probably last for generations, to remake civilization. It is not a good time for politicians. It is a time for prophets and leaders and explorers and inventors and pioneers, and for those who are willing to plant trees for their children to sit under.

-- Walter Lippmann
"Know what you own, and know why you own it." — Peter Lynch
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Re: your favorite quotes & one-liners

Post by tioscrooge »

Nicolas wrote: Wed Jan 04, 2023 10:23 pm Look before you leap.
A variation of this quote - “Loop before you leap” was a popular teaching in medical schools of India a few decades ago. It promoted importance of contraceptives and family planning.
Whether you think you can or you can not, you will be correct.
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Re: your favorite quotes & one-liners

Post by Boston Barry »

Some favorites, some of which come from this very website:

“Live your life for what people might say about you at your funeral rather than for your resumé.”

Richard Feynman: "The first principle is that you must not fool yourself -- and you are the easiest person to fool."

The Greek philosopher Epictetus: “Wealth consists not in having great possessions, but in having few wants.”

“Those who can, do. Those who can’t, teach. Those who can’t teach, teach gym.” -Woody Allen

Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent. —Calvin Coolidge

“The good thing about science is that it's true whether or not you believe in it.” – Neil deGrasse Tyson

Voltaire: "The most important decision you will ever make is to be in a good mood.”

“The three rules of construction: 1. Always use the right tool for the job 2. The hammer is always the right tool 3. You can use anything as a hammer”

“A mine is a hole in the ground with a liar standing next to it."

“The new automobile purchase has to be one of the biggest middle class wealth destroyers we have.”

Warren Buffett: "There seems to be some perverse human characteristic that likes to make easy things difficult."

From the Talmud: And Rebbe Yitzchak said, A person should always divide his money into three: one third in land, one third in commerce, and one third at hand.

At a party given by a billionaire on Shelter Island, the late Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch 22 over its whole history. Heller responds, “Yes, but I have something he will never have . . . Enough.”

Joe Garagiola: "Baseball gives you every chance to be great. Then it puts every pressure on you to prove that you haven't got what it takes. It never takes away the chance, and it never eases up on the pressure.”

“Involuntary patriotism is not patriotism. Involuntary patriotism is North Korea.” - Sally Jenkins, sportswriter

Keynes said "Markets can remain irrational longer than you can remain solvent."

“Faster than a cocaine heartbeat”

“That restaurant is so crowded that nobody goes there anymore.” —Yogi Berra

What do you do for a living? “I’m a competitive body builder”

“I just want to leave you with something I’ve learned in this process,” Tony Romo said, referring to his quarterbacking years. “I feel like we all have two battles or two enemies going on. One with the man across from you. The second is with the man inside of you. I think once you control the one inside of you, the one across from you really doesn’t matter.”

"Retirement is what I thought being an adult would be like, when I was a kid."

"I heard this saying from one of my [high school] coaches back in the day. He said: 'No one should ever know whether you're winning or losing. Kind of keep the same temperament. That way, it will allow you to put some perspective into things,'" Bradley said. "I kind of took that to heart."

Regarding Brett Kavanaugh testimony: “Hell hath no fury like privilege denied. During the hearing Kavanaugh often seemed to be on the verge of admitting to having ordered the Code Red.”

“Every day I’m sober I’m reminded why I drank”— Bill Burr

If you want to trust people who don’t fully understand something yet give you a conclusion on it, suit yourself

Mark Twain: “Comparison is the death of joy.” “Comparison is the thief of all joy.”

“Hope is not a strategy.” -unknown

"Everybody has a plan until they get punched in the mouth." -Mike Tyson

“You know when things keep getting worse faster than you can lower your standards?” —Carrie Fisher

“What seems to us as bitter trials are often blessings in disguise." —Oscar Wilde

“Whether you think you can, or you think you can’t, you’re right”- Coach Yates (Henry Ford originally)

“Hope you all are doing well, where’er upon life’s seas you’re sailing.” -Andy Card

Dinning-Kruger Effect. In short: the less one knows the greater the tendency to profess expertise in the subject.

"The only function of economic forecasting is to make astrology look respectable"

"When people show you who they are, believe them" (Maya Angelou)

"Find something you like to do and learn to budget and live on what that pays."

"I think it's much more interesting to live not knowing than to have answers which might be wrong." - Richard Feynman

Ed Koch: ”I wouldn’t believe Donald Trump if his tongue were notarized.”

Warren Buffett: "You never know who's swimming naked until the tide goes out.”

"There are great ideas developed in the history of man, and these ideas do not persist unless they are passed purposely and clearly from generation to generation" – – Richard P. Feynman

The late Steven den Beste wrote:
I've learned something interesting: if you give away ice cream, eventually a lot of people will complain about the flavors, and others will complain that you aren't also giving away syrup and whipped cream and nuts."

Robert Kennedy: “Moral courage is a rarer commodity than bravery in battle.”

Old Russian proverb: The tallest blade of grass is the first cut by the scythe.

"A designer knows his design is perfect not when there is nothing left to add, but when there is nothing left to take away." -Antoine de Saint Exupéry

It depends on what you're investing into the taxable account. If you're just going to keep 1 fund in it (make sure it's different than your IRAs to avoid wash-sale problems), such as Total Stock Market or Total International, then

United Airlines motto: "We're not happy until you're unhappy"

I keep a note by my desk to remind me to: Use it up, wear it out,make it do or do without.

George Carlin: “Think of how stupid the average person is and realize half of everyone is dumber.”

Frodo: I wish it need'nt have happened in my time. Gandalf: So do all who live to see such times. But that isn't for them to decide. All we have to decide is what to do with the time that is given us.

Bill Burr's Father: "Jesus Christ, that guy could fuck up a free lunch."

To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

Yoda says never equate material goods with success. There are many measures of success, ego is not one of them.

The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” — Warren Buffett

"Everyone has a plan 'till they get punched in the mouth." --Mike Tyson

A man is rich in proportion to the number of things he can afford to let alone.

"Prediction is very difficult, especially about the future" Niels Bohr

Regarding investing in individual stocks: "You’re probably better off going to a Plate Licking seminar at your local Denny's"

File this one under the "If my aunt had balls she'd be my uncle" file.

The closest helping hand is at the end of your own arm.

"I think it is good to be a pessimist when it comes to expected returns. Control the things you can control (save more and spend less). However, live and enjoy your life because money is a tool to do the things you want, not an end in itself. This is something I have to remind myself of daily."

Warren Buffett: "Be fearful when others are greedy, and be greedy when others are fearful"
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Nicolas
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Re: your favorite quotes & one-liners

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Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.
— Warren Buffett

Showing up is 80 percent of life.
— Woody Allen
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