For all long-term investors, there is only one objective-maximum total real return after taxes.
John TempletonIf success were easy, then it would not necessarily be true success. Some of history's most successful people learned to cope with failure as a natural offshoot of the experimental and creative process and often learned more from their failures than their successes. By taking the attitude that failure is merely a detour on the way to our destination, hope can blossom into success.
John TempletonThere is a distinction between failing and being a failure. Few things are learned in life without failing at least once. Did you learn to roller skate without falling a few times? Did you learn to ride a bike without losing your balance? Chances are you didn't. You may have wanted to do those things so intensely that you quickly put unsuccessful attempts behind you and kept trying. Soon you acquired the skill to do the thing you wanted. Even though in the process of learning you may have failed many times, you were not a failure. "Failing" simply became an open door to try again.
John Templeton