I think meditation has been the single biggest reason for whatever success Ive had

The big question is: When will the term structure of interest rates change? That's the question to be worried about.

More than anything else, what differentiates people who live up to their potential from those who don't is a willingness to look at themselves and others objectively

An economy is not a complicated thing; it just has a lot of moving parts.

I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their approach to handling them. I learned that there is an incredible beauty to mistakes, because embedded in each mistake is a puzzle, and a gem that I could get if I solved it, i.e. a principle that I could use to reduce my mistakes in the future.

I've learned that each mistake was probably a reflection of something that I was (or others were) doing wrong, so if I could figure out what that was, I could learn how to be more effective.

You should have a strategic asset allocation mix that assumes that you don't know what the future is going to hold.