When 120 of the Commodore’s descendants gathered at Vanderbilt University in 1973 for the first family reunion, there was not a millionaire among them.
People should read more history and fewer forecasts
Mean-reversion based arguments are tricky. Use with caution.
None of it serves as a basis for establishing an investment strategy.
There is an arc to being an asshole.
As information becomes more easily accessible it loses its value.
Today, funds with “absolute return” in their names command a total of $22 billion–one month’s work for Vanguard.
It takes a while to break bad habits.
Inflation (and therefore interest rates) do not exhibit short-term momentum trends that will be identifiable based on chart analysis.
The Market Gods love my gastrointestinal sacrifice.
Cocaine came along and ruined the pot business.
Every year since 2009 people have been saying the easy money has been made but it feels like every year making money gets easier.
Make trend following the benchmark.
This was sheer murder.
Quantitative factors are more predictive of the future than expert judgment.
It will be the most powerful media brand in the world by 2025.
I don’t believe that technical analysis is voodoo bullshit, but.
Real-life experience is instructive, but the tuition is high
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