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“When things go wrong, simplify.”
― Dan John, Never Let Go: A Philosophy of Lifting, Living and Learning

“Investment success doesn’t come from “buying good things,” but rather from “buying things well.”
― Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

“Warren Buffett, quoting Henry Ford, often talks about the importance of keeping all your eggs in one basket, then watching that basket very carefully. One thing that appalled me and that I’d seen too many times was the Wall Street practice of having many eggs in many baskets. Even the most reputable mutual fund companies have a practice of selling multiple funds. The ones that do well are those that then get the marketing dollars and raise more money from investors. The ones that do poorly are either shut down or merged into the better-performing funds. In the process, the failures are buried as if they’d never existed while”
― Guy Spier, The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment

“If you don’t know where you’re going, any road will get you there!”
― Dan John, Intervention: Course Corrections for the Athlete and Trainer