investing

“Well, when I'm not in the office I do have a rule, which I try never to break. I'm pretty resolute about it. I will not read anything related to investing or the financial markets or business, for that matter, when I'm not in the office. And I, every once in a…”

“I think there's a paradox in that most fields, the more you do it, the better you get and the easier it gets. I think writing, especially writing about a single topic like investing, It's the other way around in that. So I've written 3600 articles now. So the …”

“That's something that I have almost no tolerance for. Is mixing politics and investing. And there's a lot of it because the two fields are kind of cousins, right? But that's something that I just see almost no good about mixing politics and investing.”

“Everything that's important in investing is counterintuitive. And everything that's obvious is wrong.”

“I don't invest. I have zero interest in it.”

“You really don't learn unless you're really investing your own money and feeling how it feels to be wrong and lose a lot of money.”

“And this is sometimes the weaknesses that ex-operators have when they transition into investing is thinking, oh, I can do this and I'm going to dig in on, in the company and get, you know, help them with growth or help them with whatever it may be. And it ends…”

“Because we don't know the stepping stones, what we need to do is we need to proliferate stepping stones, like stepping stone candidates, things that could lead to something interesting. But we don't know which one. It's a lot, this is related in some ways to i…”

“In a chess game, if I lose it, the next round, tomorrow, I'm the same chess player. But investing, if I've lost money today, I have less money tomorrow to invest with. And the problem with a lot of people in investing is that they're, to become a decent invest…”

“Investing is one of the very few endeavors in life where the harder you try, the worse you're probably going to do. And yes, there are exceptions to that. Renaissance technologies. Of course, you can name the exceptions for people who tried very hard and did v…”

“No, like there are many incremental steps between now and then that you want to track to and hold yourself accountable to. It doesn't mean you're trading every day or every quarter, but you want to be really thoughtful on this is why I bought it. These are the…”

“I think there's some parts of it that are temperament related, like just practicing deferred gratification. There's elements of it that are You know thinking about the world probabilistically, everything, just continuing to practice that every day or the uncer…”

“If you have to serve like sum up doing well financially in one word, I think it's survival. That's true in your career. That's true for savings. That's true for investing. Absolutely. It's just survival.”

“You know, just because you lost, you need to get back on your horse and take the same amount of risk, and it's very difficult.”