Peter Bevelin > Quotes

“Consider how hard it is to change yourself and you'll understand what little chance you have in trying to change others”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Show me a ten-foot wall and I'll show you an eleven-foot ladder”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“A bull market is like sex. It feels best just before it ends”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“The secret to being successful in any field is getting very interested in it... I could force myself to be fairly good in a lot of things, but I couldn't excel in anything in which I didn't have an intense interest”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Sorrow is often wisdom’s companion but it is better to learn from others sorrow to prevent our own”
― Peter Bevelin, A Few Lessons from Sherlock Holmes

“No one can speak well, unless he thoroughly understands his subject”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“We don't try to change people. It doesn't work well... We accept people the way they are”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Praise by name, criticize by category”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Wall Street never changes. The pockets change, the suckers change, the stocks change, but Wall Street never changes because human nature never changes”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Macroeconomics people...are often wrong because of extreme complexity in the system they wish to understand”
― Peter Bevelin, All I Want To Know Is Where I'm Going To Die So I'll Never Go There

“Trying to change our habits demands effort and effort takes energy - which is a cost. And our brains constantly look for ways to save effort. Furthermore, a change creates an uncomfortable feeling so naturally we try to avoid this feeling by not changing, That's why we take the easy way, favor shortcuts, and default options and stick to our habits. And the more emotional a decision is or the more choices we have, the more we prefer the status quo”
― Peter Bevelin

“You have to go to bed wiser than you got up. As you try to master what you are trying to do - people who do that almost never fail utterly. Very few have ever failed with that approach. You amy rise slowly, but you are sure to rise.”
― Peter Bevelin

“A wise man sees as much as he ought, not as much as he can. (Montaigne)”
― Peter Bevelin, A Few Lessons from Sherlock Holmes

“If you want to guarantee yourself a life of misery, marry somebody with the idea of changing them”
― Peter Bevelin

“The greatest sign of an ill-regulated mind is to believe things because you wish them to be so.”
― Peter Bevelin, A Few Lessons from Sherlock Holmes

“On 3 timeless ideas for investing
Benjamin Graham, three fundamentally basic ideas:
1. You should look at stocks as part of ownership of a business.
2. You should look at market fluctuations in terms of his "Mr. Market" example & make them your friend rather than your enemy by essentially profiting from folly rather participating in it, & finally,
3. The 3 most important words in investing are "margin of safety" - ...always building a 15,000 pound bridge if you're going to be driving 10,000 pound truck across it...”
― Peter Bevelin, Seeking Wisdom: From Darwin To Munger

“Thomas McCrae, The Method of Zadig in the Practise of Medicine; Canadian Medical Association Journal, 1914 July; 4(7): 577-588”
― Peter Bevelin, A Few Lessons from Sherlock Holmes