Money and Finance
- The Characteristics Of Easy And Difficult Turnarounds
In his 1979 letter to shareholders, Warren Buffett wrote: Both our operating and investment experience cause us to conclude that “turnarounds” seldom turn, and that the same energies and talent are much better employed in a good business purchased...
- Viktor Frankl Quote On Success
“Again and again I therefore admonish my students in Europe and America: Don't aim at success -- the more you aim at it and make it a target, the more you are going to miss it. For success, like happiness, cannot be pursued; it must ensue, and it...
- Scott Adams Quotes
I'm listening to How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life in my car and am really enjoying it. I found some quotes from the book via Derek Sivers and thought I'd share a few below. There are many...
- Newest Addition To The Investing Checklist
“This discussion shows the difficulty in predicting outcomes in an environment of concentrated success.” –Nassim Taleb, The Black Swan - Does business operate in Extremestan or Mediocrastan? o It is Difficult to predict [forecast] outcomes...
- Major Takeaways From A Visit With Warren Buffett
Some notes from University of Western Ontario students' visit with Mr. Buffett on March 31, 2008. The source and a PDF file of these notes can be found HERE. Life Learning Lessons 1. Using the concept of buying or shorting 10% of one of your friends...
Money and Finance
THE ROAD TO BUSINESS SUCCESS: A TALK TO YOUNG MEN - By Andrew Carnegie (June 1885)
Let me indicate two or three conditions essential to success. Do not be afraid that I am going to moralize, or inflict a homily upon you. I speak upon the subject only from the view of a man of the world, desirous of aiding you to become successful business men. You all know that there is no genuine, praiseworthy success in life if you are not honest, truthful, fair-dealing. I assume you are and will remain all these, and also that you are determined to live pure, respectable lives, free from pernicious or equivocal associations with one sex or the other. There is no creditable future for you else. Otherwise your learning and your advantages not only go for naught, but serve to accentuate your failure and your disgrace. I hope you will not take it amiss if I warn you against three of the gravest dangers which will beset you in your upward path.
- The Characteristics Of Easy And Difficult Turnarounds
In his 1979 letter to shareholders, Warren Buffett wrote: Both our operating and investment experience cause us to conclude that “turnarounds” seldom turn, and that the same energies and talent are much better employed in a good business purchased...
- Viktor Frankl Quote On Success
“Again and again I therefore admonish my students in Europe and America: Don't aim at success -- the more you aim at it and make it a target, the more you are going to miss it. For success, like happiness, cannot be pursued; it must ensue, and it...
- Scott Adams Quotes
I'm listening to How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life in my car and am really enjoying it. I found some quotes from the book via Derek Sivers and thought I'd share a few below. There are many...
- Newest Addition To The Investing Checklist
“This discussion shows the difficulty in predicting outcomes in an environment of concentrated success.” –Nassim Taleb, The Black Swan - Does business operate in Extremestan or Mediocrastan? o It is Difficult to predict [forecast] outcomes...
- Major Takeaways From A Visit With Warren Buffett
Some notes from University of Western Ontario students' visit with Mr. Buffett on March 31, 2008. The source and a PDF file of these notes can be found HERE. Life Learning Lessons 1. Using the concept of buying or shorting 10% of one of your friends...