That, my man, is an infinite loop in an information vacuum.
Ever said that? Or been thinking along those lines? Even unwittingly? — I have. Being called on it isn’t pretty. I didn’t know where I was. ☺️
Best practice is to seek advice. Lots of it.
The way of a fool is right in his own eyes…
So, I keep a stash of wise sayings. Most of these, you can read once and it sticks. But I prefer to keep good counsel nearby. Stored for easy retrieval.
Humor Me
If you think nobody cares if you’re alive, miss a couple of car payments.
— Earl Wilson
A bank is a place that will lend you money if you can prove you don’t need it.
— Bob Hope
Life Quotes
That which is comfortable is rarely profitable.
— Robert Arnott
Money will buy you a fine dog, but only love makes his tail wag.
— Richard Friedman
An investment in knowledge pays the best interest.
— Benjamin Franklin
Wise Investor
Compound Interest….He who understands it, earns it. He who doesn’t, pays it.
— Albert Einstein
Own everything ALL of the time. (diversify with an etf)
— Dave Ramsey
Wise investing is about managing risk, not avoiding it.
— Benjamin Graham
Don’t look for a needle in the haystack. Buy the haystack.
— John Bogle
Wise Trader
I know where I’m getting out before getting in.
— Bruce Kovner
Be fearful when others are greedy. Be greedy when others are fearful.
— Warren Buffett
Watch market sentiment; never be sentimental. (various)
Never fall in love with a trade.
— Anonymous
At times the best deal is the deal you didn’t take.
— Donald Trump
Traders fail because they become emotionally compromised.
— Warren Buffett
Limit position size so judgment is not directed by FEAR.
– Joe Vidich
The Upright
Speak up for those unable speak for themselves, protect the defenseless.
— King Solomon