Category: Notes

Tact is the knack of making a point without making an enemy.

There’s no such thing as a worry-free investment. The trick is to separate the valid worries from the idle worries, and then check the worries against the facts.

– Peter Lynch

An expert is someone who, over many years, manages to remain confident enough to keep trying and humble enough to keep learning.

– Link

Planning and preparation are useful until they become a form of procrastination.

Is this task enhancing my actions or substituting for them?

– James Clear

The telling of jokes is an art of its own, and it always rises from some emotional threat. The best jokes are dangerous, and dangerous because they are in some way truthful.

– Kurt Vonnegut

If you put a spoonful of wine in a barrel of sewage, you get sewage. If you put a spoonful of sewage in a barrel of wine, you get sewage.

– Arthur Schopenhauer

Wealth is created… primarily by knowledge and cooperation: networks of people arrange matter into improbable but useful configurations and combine the fruits of their ingenuity and labor. The corollary is that we can figure out how to make more wealth.

– Steven Pinker, Enlightenment Now

The nature of illusion is that it’s designed to make you feel good. About yourself, about your country, about where you’re going – in that sense it functions like a drug. Those who question that illusion are challenged not so much for the veracity of what they say, but for puncturing those feelings.

– Chris Hedges

When you’re right about something, don’t get off the train…I think it might have been Peter Lynch who talked about that — that human tendency to want to, you know, sell your winner — pulling the flowers and watering the weeds.

– Tom Gayner