Money and Finance
Henry David Thoreau quote
“When we consider what, to use the words of the catechism, is the chief end of man, and what are the true necessaries and means of life, it appears as if men had deliberately chosen the common mode of living because they preferred it to any other. Yet they honestly think there is no choice left. But alert and healthy natures remember that the sun rose clear. It is never too late to give up our prejudices. No way of thinking or doing, however ancient, can be trusted without proof. What everybody echoes or in silence passes by as true to-day may turn out to be falsehood to-morrow, mere smoke of opinion, which some had trusted for a cloud that would sprinkle fertilizing rain on their fields.” –Henry David Thoreau, Walden
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Henry David Thoreau Quote
"...the cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run." -Henry David Thoreau, Walden
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Links
Horizon Kinetics - Under the Hood: What’s in Your Index? (LINK) A review of George Cooper's book, Money, Blood and Revolution (LINK) Shut Up When They’re Talking To You: Always Say Less Than Necessary - by Ryan Holiday (LINK) Book of...
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Links
Howard Marks: $400 Million Invested In Energy-Related Securities In Q4 (LINK) [The full transcript of the call is available HERE.] Amazon Prime Is One of the Most Bizarre Good Business Ideas Ever (LINK) The Pro Dumpster Diver Who's Making Thousands...
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Links
Howard Marks' comments on Oaktree's call (LINK) Michael Lewis on Charlie Rose discussing the 25th anniversary edition of Liar’s Poker (LINK) Walter Isaacson does a reddit AMA [H/T Will] (LINK) Related book: The InnovatorsJim Grant: Complexity:...
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Henry David Thoreau Quote
“Most of the luxuries, and many of the so-called comforts of life, are not only not indispensable, but positive hindrances to the elevation of mankind.” –Henry David Thoreau, Walden
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Money and Finance