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Michael.isprihanto
https://www.rainmakers.id
“I have pledged—to you, the rating agencies and myself—to always run Berkshire with more than ample cash ... When forced to choose, I will not trade even a night’s sleep for the chance of extra profits.”
― The Psychology of Money
― The Psychology of Money
“Be careful who you praise and admire. Be careful who you look down upon and wish to avoid becoming.”
― The Psychology of Money
― The Psychology of Money
“It comes from investor John Templeton’s view that “The four most dangerous words in investing are, ‘it’s different this time.”
― The Psychology of Money
― The Psychology of Money
“Success is a lousy teacher. It seduces smart people into thinking they can’t lose.”
― The Psychology of Money
― The Psychology of Money
“Failure can be a lousy teacher, because it seduces smart people into thinking their decisions were terrible when sometimes they just reflect the unforgiving realities of risk.”
― The Psychology of Money
― The Psychology of Money
Michael.isprihanto’s 2025 Year in Books
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