Money and Finance
- Links
Always a great time to revisit this: Seth Klarman on the Painful Decision to Hold Cash [H/T @trengriffin] (LINK) Latticework of Mental Models: Moral Hazard (LINK) Meet Mark Spitznagel, the Investor Behind Universa’s Big Gain [H/T Jim] (LINK)...
- Seneca Quote
"So it is—the life we receive is not short, but we make it so, nor do we have any lack of it, but are wasteful of it. Just as great and princely wealth is scattered in a moment when it comes into the hands of a bad owner, while wealth however limited,...
- Seneca Quote
“It is not that we have a short space of time, but that we waste much of it. Life is long enough, and it has been given in sufficiently generous measure to allow the accomplishment of the very greatest things if the whole of it is well invested. But...
- Seneca Quotes (on Time)
“Only a great man, believe me, and one whose excellence rises far above human failings, will not allow anything to be stolen from his own span of time, and his life is very long precisely because he has devoted to himself entirely any time that became...
- Nassim Taleb On Stoics And Stoicism
From Fooled by Randomness:"Having control over randomness can be expressed in the manner in which one acts in the small and the large. Recall that epic heroes were judged by their actions, not by the results. No matter how sophisticated our choices, how...
Money and Finance
Seneca quote
"Believe me, it takes a great man and one who has risen far above human weaknesses not to allow any of his time to be filched from him, and it follows that the life of such a man is very long because he has devoted wholly to himself whatever time he has had. None of it lay neglected and idle; none of it was under the control of another, for, guarding it most grudgingly, he found nothing that was worthy to be taken in exchange for his time. And so that man had time enough, but those who have been robbed of much of their life by the public, have necessarily had too little of it." -Seneca, "On the Shortness of Life"
- Links
Always a great time to revisit this: Seth Klarman on the Painful Decision to Hold Cash [H/T @trengriffin] (LINK) Latticework of Mental Models: Moral Hazard (LINK) Meet Mark Spitznagel, the Investor Behind Universa’s Big Gain [H/T Jim] (LINK)...
- Seneca Quote
"So it is—the life we receive is not short, but we make it so, nor do we have any lack of it, but are wasteful of it. Just as great and princely wealth is scattered in a moment when it comes into the hands of a bad owner, while wealth however limited,...
- Seneca Quote
“It is not that we have a short space of time, but that we waste much of it. Life is long enough, and it has been given in sufficiently generous measure to allow the accomplishment of the very greatest things if the whole of it is well invested. But...
- Seneca Quotes (on Time)
“Only a great man, believe me, and one whose excellence rises far above human failings, will not allow anything to be stolen from his own span of time, and his life is very long precisely because he has devoted to himself entirely any time that became...
- Nassim Taleb On Stoics And Stoicism
From Fooled by Randomness:"Having control over randomness can be expressed in the manner in which one acts in the small and the large. Recall that epic heroes were judged by their actions, not by the results. No matter how sophisticated our choices, how...