“people who cannot be alone with their own thoughts are terrible candidates to become successful investors.”
― Charlie Munger: The Complete Investor
― Charlie Munger: The Complete Investor
“It’s not possible for investors to consistently outperform the market. Therefore you’re best served investing in a diversified portfolio of low-cost index funds [or exchange-traded funds].”
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“the complexity of society does not imply a planner.”
― The Evolution of Everything: How New Ideas Emerge
― The Evolution of Everything: How New Ideas Emerge
“The role of democracy is not to banish disagreement but rather to prevent political disagreements from devolving into armed conflict.”
― The Thing Itself: Essays on Academics and the State
― The Thing Itself: Essays on Academics and the State
“Buffett has said that the stock market is designed to transfer money “from the active to the patient.”
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Philippe’s 2025 Year in Books
Take a look at Philippe’s Year in Books, including some fun facts about their reading.
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