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“Organizations that stigmatize failure actually tend to repeat failures rather than learn from them.”
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
“With well-defined losses and no set ceiling on the upside,”
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
“ruthlessly look forward and ignore the past and present in deciding what value is and what actions to undertake. Your previous accomplishments and missed opportunities mean nothing when looking at yourself today.”
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
― The Wisdom of Finance: Discovering Humanity in the World of Risk and Return
“Finance's starting point in valuation is that previous accomplishments and what you have today bear little relationship to real value. Finance is completely and ruthlessly forward-looking. The only source of value today is the future.”
― The Wisdom Of Finance: Discovering Humanity in the World of Risk and Return
― The Wisdom Of Finance: Discovering Humanity in the World of Risk and Return
“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.”
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Luahiwa’s 2025 Year in Books
Take a look at Luahiwa’s Year in Books, including some fun facts about their reading.
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