Investment and Life Lessons - Part 3

Here's the part 3 of my previous post regarding the lessons/quotes I've encountered in my various readings on business, stocks, economy, money, war and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Humble thyself
2. Failure after long perseverance is much grander than never to have a striving good enough to be called a failure - George Eliot
3. Behind every successful trader lies a string of trading failures
4. Face the wind - Vito Dagoy
5. Hard work beats talent when talent doesn’t work hard
6. If people only knew how hard I work to gain my mastery, it wouldn’t seem so wonderful at all.  ~ Michelangelo
7. Work hard in silence, let success make the noise.
8. One of the most important skills, then, that we can teach our children is to think about numbers logically and critically, and enable this sort of querying and verification. The goal of these skills is not to see if the number you’ve encountered is exactly correct, but only to see if it is approximately correct— that is, close enough to be plausible.
9. When I examine myself and my methods of thought, I come close to the conclusion that the gift of imagination has meant more to me than any talent for absorbing absolute knowledge. . . . All great achievements of science must start from intuitive knowledge. I believe in intuition and inspiration. . . . At times I feel certain I am right while not knowing the reason. - Albert Einstein
   

Investment and Life Lessons - Part 2

Here's Part 2 of my previous post regarding the lessons/quotes I've encountered in my various readings. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. You are supposed to do original research, but if you get to original, they don't know what’s going on - Maury Osborne
2. When you're buying, appear to be selling. When you're selling, appear to be buying - Lucio Tan
3. Money isn't lost or made it was simply transferred from one perception to another - Gordon Gekko
4. The illusion has become real and the more real it becomes the more desperate they want it - Gordon Gekko
5. Both poverty and riches are offsprings of thought - Napoleon Hill
6. Victory is always possible for the person who refuses to stop fighting - Napoleon Hill
7. A positive mental attitude is an irresistible force that knows no such thing as an immovable body - Napoleon Hill
8. Your vision and your dreams are the blueprints of your ultimate achievements - N.H.
9. Demography is Destiny - Auguste Comte
10. The long term economic fortunes of a nation requires these ingredients: a. A large population b. Young and productive citizens c. Growth of the "aspirational" or middle class d. A supportive environment for growth
11. Nothing worthwhile is ever easy
12. No matter what your status in life is, be grounded. When you start believing that you’re the best, that will be the start of your downfall. You have to keep working hard and learning new from other people - Wilson Sy
    

A Compilation of Lessons/Quotes in Business, Stocks, Economy, Money, War and Life

In the past two years, every time I encounter a very good quote/lesson, I immediately  write it down my one note app so I can re-read it in the future. Since my personal list is starting to get long I figured I might as well share it with you guys. So yeah, hope you enjoy them as much as I did. Cheers! \m/.

•Preferred stocks should be bought on a bargain basis or not at all due to the lack of legal claim from a creditor and a partner perspective - Ben Graham
•Trading capital should be assets -that if lost- won't affect the lifestyle of the trader

•No amount of success outside can compensate with the failure inside the home

•Knowledge is not a monopoly

•Some men see things as they are and ask why, I dream of things that never were and ask why not? - Robert F. Kennedy

•Generals win the battle but it is the people who win the war

•In a number of counselors, there is wisdom

•I'll cross the bridge when I get there

•A model is an approximation of reality

•I don't give a shit what you put there but you have to put this - AAD

•People tend to do a lot and accomplish nothing - Aaron A. Domingo

•Stocks are a better indicator of the economy than the economy is of stocks

•200 day moving average is usually a warning of a more serious market drop

•You have to run to stay in place

•A decision is never really done until an action has been made - Bryan Taan

•Substantial undervaluation to correct itself takes 1.5 to 2.5 years

•Three obstacles to wealth. Fear, Shame, Anger

•Stand in your truth

•When it comes to money, everyone is of the same religion - Voltaire