“An investor should act as though he had a lifetime decision card with just twenty punches on it.”
“Investors should be skeptical of history-based models. Constructed by a nerdy-sounding priesthood using esoteric terms such as beta, gamma, sigma and the like, these models tend to look impressive. Too often, though, investors forget to examine the assumptions behind the models. Beware of geeks bearing formulas. ”
“He had the feeling that he must make a decision, and though he was used to making many decisions every day, this time he was beset with uncertainty; in fact he had no idea what was being asked of him”
“In our twenties, when there is still so much time ahead of us, time that seems ample for a hundred indecisions, for a hundred visions and revisions—we draw a card, and we must decide right then and there whether to keep that card and discard the next, or discard the first card and keep the second. And before we know it, the deck has been played out and the decisions we have just made will shape our lives for decades to come.”
“Today’s man should do more than just talk; he should act. He should do more than just promise; he should deliver.”
“I tried to talk to Annabeth, but she was acting like I'd just punched her grandmother.”