It's dishonourable to stay stupider than you need to be

Is there such thing as a cheerful pessimist? That's what I am.

All sensible investing is value investing

... some important factor doesn't lose its "share of force" just because some "expert" can better measure other types of force.

Why should it be easy to do something that, if done well, two or three times, will make your family rich for life?

Chris Davis [of the Davisfunds] has a temple of shame. He celebrates the things they did that lost them a lot of money. What is also needed is a temple of shame squared for things you didn't do that would have made you rich. Forgetting your mistakes is a terrible error if you are trying to improve your cognition. Reality doesn't remind you. Why not celebrate stupidities in both categories?

Hard work, honesty, if you keep at it, will get you almost anything.