Obvious prospects for physical growth in a business do not translate into obvious profits for investors.
“the investor’s chief problem—and even his worst enemy—is likely to be himself.”
― The Intelligent Investor
― The Intelligent Investor
“For then, if another bull market comes along, he will take the big rise not as a danger signal of an inevitable fall, not as a chance to cash in on his handsome profits, but rather as a vindication of the inflation hypothesis and as a reason to keep on buying common stocks no matter how high the market level nor how low the dividend return. That way lies sorrow.”
― The Intelligent Investor
― The Intelligent Investor
“Once you lose 95% of your money, you have to gain 1,900% just to get back to where you started.”
― The Intelligent Investor
― The Intelligent Investor
“Manage your money in a way that helps you sleep at night.”
― The Psychology of Money
― The Psychology of Money
“Wealth is the nice cars not purchased. The diamonds not bought. The watches not worn, the clothes forgone and the first-class upgrade declined. Wealth is financial assets that haven’t yet been converted into the stuff you see.”
― The Psychology of Money
― The Psychology of Money
Justin’s 2025 Year in Books
Take a look at Justin’s Year in Books, including some fun facts about their reading.
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