Bryan Lee

“Investing is a popularity contest, and the most dangerous thing is to buy something at the peak of its popularity. At that point, all favorable facts and opinions are already factored into its price, and no new buyers are left to emerge.”
― Howard Marks, The Most Important Thing Illuminated: Uncommon Sense for the Thoughtful Investor

“My existence is a scandal”
― Oscar Wilde

“In that moment, I finally understood for the first time why -- throughout this journey -- I kept thinking about that day when I got terribly sick in rural Vietnam. When I yelled for drugs to stop my worst symptoms -- the extreme room-spinning nausea -- the doctor told me: "You need your nausea. It is a message, and we must listen to the message. It will tell us what is wrong with you." If i had ignored or silenced that symptom, my kidneys would have failed, and I would have died.
You need your nausea. You need your pain. It is a message, and you must listen to the message. All these depressed and anxious people, all over the world -- they are giving us a message. They are telling us something has gone wrong with the way we live. We need to stop trying to muffle or silence or pathologize that pain. Instead, we need to listen to it, and honor it. It is only when we listen to our pain that we can follow it back to its source -- and only there, where we can see its true causes, can we begin to overcome it.”
― Johann Hari, Lost Connections: Uncovering the Real Causes of Depression - and the Unexpected Solutions

“The superior investor is mature, rational, analytical, objective and unemotional.”
― Howard Marks, Mastering The Market Cycle: Getting the Odds on Your Side