Both in markets and life, the goal isn't to embrace risk or eschew it, but to bear it intelligently while never forgetting the possibility of an unpleasant outcome.
- from Richer, Wiser, Happier book by William Green
Both in markets and life, the goal isn't to embrace risk or eschew it, but to bear it intelligently while never forgetting the possibility of an unpleasant outcome.
- from Richer, Wiser, Happier book by William Green
Intelligent people are easily seduced by complexity while underestimating the importance of simple ideas that carry tremendous weight.
- from Richer, Wiser, Happier book by William Green
There are no prizes for frenetic activity. Rather, investing is mostly a matter of waiting for these rare moments when the odds of making money vastly outweigh the odds of losing it.
- from Richer, Wiser, Happier book by William Green
In the world of business, sameness and stability are not an option. Companies rise and fall, locked in a Darwinian struggle for supremacy and survival, and industry after industry is disrupted by technological innovation.
- from Richer, Wiser, Happier book by William Green