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25 Top Quotes On Investing, Money, and Life (thread)

"The difference between sounding smart and being smart is 'I don’t know.' "

-- @naval

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"Conventional metrics don't work on unconventional stocks.

If a technology comes along which changes the entire ballgame,

all those ratios go out the window."

-- @EddyElfenbein
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"You want to be in a stock in the second inning of the ballgame,

and out in the seventh.

That could be 30 years."

-- Peter Lynch
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"Have more than you show, speak less than you know."

-- Shakespeare
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"Checking your stocks daily is like putting up a webcam in the forest to see if the trees are growing."

-- @privatportfolj
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"If you don't find a way to make money while you sleep you will work until you die."

-- @WarrenBuffett
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"Everyone has the brainpower to make money in stocks.

Not everyone has the stomach."

-- Peter Lynch
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"I’d rather be optimistic and wrong,

than pessimistic and right."

-- @elonmusk
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"You’ll be most successful where you’re most intensely interested."

-- Charlie Munger
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"We waste our time with short-term thinking and busywork.

Warren Buffett spends a year deciding and a day acting.

That act lasts decades."

-- @naval
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"The stock market is a giant distraction to the business of investing."

-- Jack Bogle
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"If you want success, figure out the price, then pay it.

It sounds trivial and obvious, but if you unpack the idea it has extraordinary power."

-- @ScottAdamsSays
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“Compound interest is the 8th wonder of the world.

He who understands it, earns it;

he who doesn’t, pays it.”

- Albert Einstein
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"Google was the twelfth search engine.

Facebook was the tenth social network.

iPad was the twentieth tablet.

It's not who gets there first.

It's who gets there first when the market's ready." -

-- @Jason
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"I did not intend to get rich.

I just wanted to get independent."

-- Charlie Munger
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"When most people say they want to be a millionaire,

what they really mean is "I want to spend $1 million,"

which is literally the opposite of being a millionaire."

-- @morganhousel
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"Anybody who doesn’t change their mind a lot is dramatically underestimating the complexity of the world that we live in."

-- @JeffBezos
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"Intelligence is the ability to adapt to change."

-– Stephen Hawking
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“I win or I learn,

but I never lose.”

-- Nelson Mandela
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"All great companies started as small companies.

Find them."

-- @iancassel
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"Focus is about saying no."

-- Steve Jobs
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“Individuals who cannot master their emotions are ill-suited to profit from the investment process”

-- Benjamin Graham
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“Games are won by players who focus on the playing field

– not by those whose eyes are glued to the scoreboard.”

-- @WarrenBuffett
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“We are what we repeatedly do.

Excellence, then, is not an act,

but a habit."

-- Aristotle
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"Success is never owned.

It is only rented -- and the rent is due every day.”

-- Rory Vaden
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