Money and Finance
Investing Advice from Seneca?
“No one who goes astray affects himself alone, but rather will be the cause and instigator of someone else going astray; it is harmful to attach oneself to the people in front, and, so long as each one of us prefers to trust someone else's judgment rather than relying on his own, we never exercise judgment in our lives but constantly resort to trust, and a mistake that has been passed down from one hand to another takes us over and spins our ruin. It is the example of others that destroys us: we will regain our health, if only we distance ourselves from the crowd.” –Seneca, “On The Happy Life”
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Links
Aswath Damodaran - The Education Business: A Road Map for Disruption (LINK) Related mini-book (PDF): Hire Education: Mastery, Modularization, and the Workforce RevolutionRelated book: Disrupting ClassAndrew Smithers: The contested ties between asset...
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React Intelligently; Take The Results As They Fall
A lesson from Charlie Munger, via notesfrom the 2013 Daily Journal Annual Meeting:Therein lies a lesson in life. I think most lives work best when you simply react intelligently to the opportunities and difficulties you encounter, and just take the results...
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Seneca Quote
“Do you ask me what you should regard as especially to be avoided? I say, crowds; for as yet you cannot trust yourself to them with safety.” –Seneca, Letters from a Stoic
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Seneca Quote
“….we are never released from care if we suppose that each time we are under observation we are under scrutiny; for many things happen that expose our true selves against our will, and, though such attention to oneself may succeed, life brings neither...
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Nassim Taleb On Seneca
From the end of Russ Roberts’ interview with Nassim Taleb: RR: Here's a little postscript. You wanted to say something else about Seneca. Go ahead. NT: Most people don't understand what Stoic is. They think that a stoic wants to sort of be...
Money and Finance