You do not adequately protect yourself by being half awake when other are sleeping.
If knowing history made you rich, librarians would be billionaires.
We're perfectly willing to trade away a big payoff for a certain payoff.
People do, as long as you have markets, you'll have excesses.
My friends and I have been coddled long enough by a billionaire-friendly Congress.
As an investor with small capital, one should prefer businesses that have high returns on capital and that require little incremental investment to grow.