We're emphasizing the knowable by predicting how certain people and companies will swim against the current. We're not predicting the fluctuation in the current.

Missing out on some opportunity never bothers us. What's wrong with someone getting a little richer than you? It's crazy to worry about this.

I think that, every time you saw the word EBITDA, you should substitute the word "bullshit" earnings.

Forgetting your mistakes is a terrible error if you are trying to improve your cognition.

Finding a single investment that will return 20% per year for 40 years tends to happen only in dreamland. In the real world, you uncover an opportunity, and then you compare other opportunities with that. And you only invest in the most attractive opportunities. That's your opportunity cost. That's what you learn in freshman economics. The game hasn't changed at all. That's why Modern Portfolio Theory is so asinine.

Whenever you think something or some person is ruining your life, it's you. A victimization mentality is so debilitating.

I'd rather throw a viper down my shirt front than hire a compensation consultant.