Investment and Life Lessons - Part 9

Here's the PART 9 of our Investment and Life Lessons series. These are the ideas we've gathered from our various readings on business, stocks, economy, money, war, love and life. Our list is getting too long again hence we're sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Courage is going from failure to failure without losing enthusiasm - Sir Winston Churchill
2. Words that everyone once used are now obsolete, and so are the men whose names were once on everyone's lips - Marcus Aurelius
3. Necessity never made a good bargain. - Benjamin Franklin
4. Ask not what your country can do for you, ask what you can do for your country - John F. Kennedy
5. Work smart. Get things done. - Susan Wojcicki
6. Can you tell me how our perfect love goes wrong? - Boyz II Men
7. Paranoia ain't the way to live your life from day to day so leave your doubts and your fears behind - N’Sync
8. You have been given the dignity of choice - Jim Rohn
9. Build a financial wall around your family nothing can get through - Jim Rohn
10. Every number is guilty unless proven innocent
11. Pick a direction and go with everything you’ve got. Just pick one and go! - Jim Rohn
12. A life of many adventures is a life of many decisions - Jim Rohn
13. You can't have your cake and eat it (too)
14. raison d’être
15. The last time I made any market predictions was in the year 1914, when my firm judged me qualified to write their daily market letter based on the fact that I had one month’s experience.  Since then I have given up making predictions. - Ben Graham
16. Since the future is not knowable, it should not be relied upon to pick stocks. - Ben Graham
17. Zero correlation does not necessarily imply that two variables are independent - CFA
18. Spurious Correlation - Linear relationship but no economic reason
19. Desire was so strong that persistence came naturally
20. What is it like? - Barry Malibiran
21. The things you do for yourself are gone when you are gone, but the things you do for others remain as your legacy
22. You have to risk losing her in order to get her - Neil Strauss
23. The best way to get women is to have something better to do than to be picking up women - Neil Strauss
24. Value investing is the attempt to buy a 50 cent dollar
25. The power of compounding is so great that our first job as investors is to avoid anything that might short-circuit it. - Ira Rothberg
26. Wealth is not his that has it, but his that enjoys it. - Benjamin Franklin
27. Having confidence is clearly a crucial part of achieving greatness. However, it's important to remember that there's a dark side to self-belief
28. Understand and find out why things are, and then, accept it - Baruch Spinoza
29. Every human activity that matters has to be financed - Robert J. Schiller
30. If you don't stand for something you'll fall for anything.
31. 3 types of people to stay away from.. The uninspired.. The unexcited.. The ungrateful..
32. Confidence is not "They will like me." Confidence is "I'll be fine if they don't..."
33. The model should be parsimonious. In this context, “parsimonious” means accomplishing a lot with a little. - CFA
34. Write down good ideas. Don’t turn your brain into a filing cabinet - Jim Rohn
35. You may not be able to do all you find out. But you should find out all you can do - Jim Rohn
36. If you don’t set goals, it’s easy to let life deteriorate into making a living instead of designing a life. Make a living or design a life? - Jim Rohn
37. A random walk is an AR(1) Model where B1 = 1.
38. Take your time but don’t waste your time - Wong Fu
39. Everyone’s just frontin, specially these days, even me - Wong Fu
40. In business, in my experience, the most drama and complaints come from the least impactful. I think it’s the same at home. When people are busying themselves with being amazing for others, they don’t have the time nor the luxury of burdening others with their attitudes of entitlement. - David Bonifacio
41. Man up! - is the short statement for “I’ve heard everything you’ve got to say about why you feel that way. But that won’t solve anything. So man up. Do the right thing even if you don’t like it, even if no one likes it.”
42. To have someone is nice. To be with someone is special - David Bonifacio
43. In hindsight, everybody knows everything - Lloyd Blankfein
44. In order to be successful, you have to make sure that being rejected doesn't bother you at all. - Bill Ackman
45. Talent is hours and hours of practice you haven't seen
46. The dogs bark, yet the caravan still passes - Arab Saying
47. How did you make sure you are moving in the right direction? - It won't feel like hard work to you but will look like work to everyone else. - Naval
48. If you ask me, everything is pretty fucking great these days - Mr. Money Mustache
49. Optimism is rare, and deadly when combined with competence - Mr. Money Mustache
50. Do more with less
51. Most of the bad aspects of modern society are brought about by the failure of humans to properly maximize their utility. We make some incredibly stupid decisions, and the byproduct is pain, untimely death, and inefficiency
52. Volatility is not the same thing as risk, and anyone who thinks it is will cost themselves money - Warren Buffett
53. It hurts for sure but it makes you feel alive anyway
54. When you find yourself lying helpless in her arms you know you really love a woman
55. There is an inverse relationship between your happiness factor and your probability of passing - CFA instructor
56. Keep your eyes on the prize
57. Your entire life consist of the present moment and only the present moment ever - Eckhart Tolle
58. He who establishes his argument by noise and command shows that his reason is weak. - Michel de Montaigne
59. It takes no guts to be a pessimist
60. Every relationship, every part of life needs a compelling future
61. If you’re not happy in your intimate relationship, you’re not happy - Tony Robbins
62. Look at what a woman does, not what she says
63. People don't hear things that don't promise some gain
64. Past =/= future
65. It’s in the bag
66. History has shown that market participants have failed to predict crises and typically are surprised by them - CFA
67. Be the master of your emotions - Rey Vergaño
68. You see, anybody can. Whether you will or not, that is the question - Jim Rohn
69. Sometimes it will hail on your crop and rain on your parade and you have to be ready for that or you will be naive. It’s just that kind of planet. It’s part of the life arrangement. - Jim Rohn
70. If you start early, the future belongs to you - Jim Rohn
71. Bible Phrase: The borrower is a servant to the lender - Jim Rohn
72. And the position of power is the lender not the spender - Jim Rohn
73. You don't have to change countries, you just have to change philosophies - Jim Rohn
74. Mastering others is strength, mastering yourself makes you fearless - Lao Tzu
75. The strongest negotiating position for any personal or professional interaction is being able to walk away and mean it
76. State what you want. Then walk and never look back
77. In life it’s always better to work smarter and not harder. Focus on being productive instead of busy. The average unsuccessful person tends to fill up their day with activities that make them feel like they’ve accomplished something but unfortunately the tasks they tend to occupy their time with are busy tasks that don't really move them towards accomplishing their dreams and goals
78. If what you are doing is not moving you towards what you what you really want in life, then why are you doing it in the first place?
79. The attraction of indifference
80. Women recognize dominant male behavior
81. Women want things that they work hard to get
82. Repetition is the mother of skill
83. A man is her rock, a woman is his joy
84. Everything comes down to just do whatever you want
85. The best is yet to come
86. You can't have a better tomorrow if you're still thinking about yesterday
87. Soon I will know death but I will never know my destiny - Genghis Khan
88. Only a fool fights a battle he knows he cannot win - Genghis Khan
89. A man who seeks power needs friends who have power - Genghis Khan
90. Don’t complain. Build. - Elon Musk
91. This is the greatest game in the world (the financial markets), and they pay us to play it
92. She does not need your advice she just wants you to listen
93. You can either get scared or get prepared - N’Sync
94. I do not approach her. I merely skirt the periphery of her existence. This is the first web into which she must be spun - Soren Kierkegaard
95. Simple can be harder than complex: You have to work hard to get your thinking clean to make it simple. But it’s worth it in the end because once you get there, you can move mountains - Steve Jobs
96. Take advice not orders - Jim Rohn
97. Make sure what you do is a product of your own conclusions
98. Behavioral economics – we are not rational, not even close
99. A good advisor tailors the client’s portfolio to what the client can stick to
100. The work is behind the scenes, competition is the easy part - Usain Bolt