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“The best armor of old age is a well spent life preceding it.” – Tao of Charlie Munger: A Compilation of Quotes from Berkshire Hathaway’s Vice Chairman on Life, Business, and the Pursuit ...
On investing "One of the inane things [that gets] taught in modern university education is that a vast diversification is absolutely mandatory in investing in common stocks. That is an insane idea.
Many of his quotes go beyond investing and business and are simply good life advice. 21. “Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to ...
Better dead than Red – anti-Communist slogan; Black is beautiful – political slogan of a cultural movement that began in the 1960s by African Americans; Black Lives Matter – decentralized social movement that began in 2013 following the acquittal of George Zimmerman in the shooting death of African American teen Trayvon Martin; popularized in the United States following 2014 protests in ...
As I mentioned at the top, we're going to look back at great quotes from great books from Rule Breaker Investing Authors in August of the past. I've got five cued up. I'm excited to share with them.
Patrick McKeough is the publisher and editor of The Successful Investor, [1] [2] a monthly newsletter on conservative investing. [3] He also publishes Wall Street Stock Forecaster, a publication focusing on American stocks. From 1974 to 1994, McKeough worked at MPL Communications as the editor of The Investment Reporter. [4]
"Ask not what your country can do for you—ask what you can do for your country", part of the Inaugural address of John F. Kennedy. [10]"You won't have Nixon to kick around anymore", said by Richard Nixon in 1962 when he retired from politics after losing the 1962 California gubernatorial election.
By all means, if you enjoy investing, then do it, but most investors are going to be well served by using an index fund and especially by avoiding trading in and out of stocks.