I relate.
Tag Results: quote
“Whatever system of spirituality you practice, do it every day.”
If it is meditation, then meditate every day. If it is exercise, then exercise every day. Only then will you be able to say that you are truly practicing spirituality.
- 365 Tao: Daily Meditations
Deng Ming-Dao
(via @50pips)
“Don’t buy too many different securities. Better have only a few investments which can be watched.”
Bernard Baruch’s 10 Rules of Investing | The Reformed Broker
Of the 10, this is my fave. In my limited experience, I’ve always advocated speciality in investing and trading.
“Hence, my goal every year is to make a whole new set of errors, rather than repeating the same mistakes over and over again.”
Here’s where I messed up. And this is what I learned. - The Washington Post
The successful investor code of conduct
“The spending power of these [cash] consumers –- teens, privacy seekers, those who don’t want to use their cards for one reason or another, and the un- and under-banked –- represents a huge opportunity for those willing to serve them without penalties.”
Cash: Rumors of its death are greatly exaggerated | VentureBeat
Validates an idea I’ve had for awhile now…
“Many businesses in Senegal get around the absurd labor laws by means of contracting through companies that act something like temp agencies.”
Africa’s Entrepreneurial Challenge: If I Can’t Fire You, I Can’t Hire You - Forbes
Terrific insights on doing business in an unfriendly regulatory environment
“
If it’s the right person giving their opinion, LISTEN carefully. The list of “right people” is pretty short: YOU and your realistic potential clients and partners.
If it’s the wrong person giving their opinion, F it. Smile, nod, or whatever gesture you think they deserve.
When you have a well-defined core, YOU will be 90% of the feedback that you need.
”
- Via
- andyswan
And we know that in all things God works for the good of those who love him, who have been called according to his purpose. (Romans 8:28)
“Don’t chase.”
What Paul Graham and Fred Wilson are Really Saying | Howard Lindzon
Common adage in trading but Howard is talking about VC and that is interesting to me. Of course it applies. Great reminder.
“
Zuckerberg did it exactly right. Extract as much cash as possible to fund his mission, which he has been VERY CLEAR in stating has very little to do with making money.
Just goes to show that the old saying is true: Never buy stock from a guy in a hoodie.
”
Comment from @andyswan on A VC: Some Perspective
HA! Zuckerberg is smart. Interesting to see what more from him in the future.
YES!
(Source: pinterest.com)
“I’m a trader who likes to focus on the future not the past. That’s why I don’t like lagging indicators.”
from the incomparable @50Pips (Twitter / @dennisgjones: Comment heard today:”I’m a …)
YES! INDEED!
“my personal friendship and loyalty is built on trust and a long term arc of honesty, not transactional results”
Brad Feld (Cancer)
I think all traders, entrepreneurs, and investors all struggle with this in relationships where money becomes involved. This is my hope always with my closest and dearest friends and family. Well put Brad.
“
Great founders fail, and weak ones grow to be great. Impenetrable markets open up, and large markets vanish. Defensible technologies get defeated, and no technology edge produces razor sharp results. Rocketship growth runs out of fuel, and tortoises beat hares.
There really is no formula.
Which is infuriating to some. And a career long challenge to others.
”
BRYCE DOT VC: The Agony of Being Correct
I am the latter. Which are you?
- Via
- brycedotvc
Doesn’t look like it from the cover. But from this video, it looks like a book I need to pick up.
Tim Harford, author of Adapt: Why Success Always Start with Failure, gathers insights on failure from thinkers like J.K. Rowling, Muhammad Yunus, Samuel Beckett, and more. Also see famous creators on the fear of failure and Steve Jobs’ succinct wisdom on the subject.
