Loving this plogging Indian

This would make a wonderful wall decal in the library

A market in crisis is a pricing game, driven by mood & momentum, not fundamentals. I update my tables on market damage, by sector and region, to reflect the last week (3/6-3/13) and develop an action framework that is right for you. bit.ly/2Qdj0vZ

Good investing is 50% psychology, 48% history, 2% finance.

A country's citizens are only as smart as its journalists and vice versa

Looks like I muted a lot of noise

More so in investing and operating a business

The Obstacle is the way

• Do what interests you the most. • Spend time with nature. • Ask questions. • Never stop learning. • Don't pay attention to what others think of you. • Read everyday. • Study hard. • Teach others what you know. • Make mistakes and learn. • It's Okay to not know things!

What ails PSU banks - High NPA, Low capital adequacy, no skin in the game from top to bottom.

ITC: AGILITY IN ADVERSITY, SYNERGY IN DIVERSITY, COMPASSIONATE IN CRISIS INVESTORS: SHOW ME HIGHER SALES, GIVE ME HIGHER EPS, SHOW ME THE MONEY

In investing, if you stay rational, the stupidity of the world will help you. -- Charlie Munger

2021 feels

Twitter: A place where Speculators call themselves Contrarians and get a following of sheep that can't differentiate between noise and signal.

Survivorship bias: It means people systematically overestimate their chances of success. Guard against it by frequently visiting the graves of once-promising projects, investments and careers. It is a sad talk, but one that should clear your mind. -The art thinking clearly

You learn from accounts of failures much more than those of successes. Yet the "success literature" flourishes and books on "how I lost x $" go out of print.

"It seems that it is the most unsuccessful people who give the most advice, particularly for writing and financial matters." - Nassim Nicholas Taleb

"Every person sees the world from their viewpoint. This is their truth. And since every person is unique, there are as many truths as there are people on this planet. What people see from their viewpoint is their perspective – not the truth. The word perspective originates from

Weathering volatility and uncertainty of markets: 1. Avoid leverage / debt 2. Have an income stream other than markets 3. Have reserves in cash & a different asset class 4. Conviction in your holdings 5. Have a long term mindset

In an ideal world, the intelligent investor would hold stocks only when they are cheap and sell them when they become overpriced, then duck into the bunker of bonds and cash until stocks again become cheap enough to buy. (pg. 179, Intelligent Investor)