Shasirekha

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Thomas Hoover
“Being natural means to exist spontaneously without having to take any action. . . . By taking no action is not meant folding one's arms and closing one's mouth. If we simply let everything act by itself, it will be contented with its nature and destiny. (12)”
Thomas Hoover, The Zen Experience

Rolf Dobelli
“How is a product better simply because it sells the most units? And remember novelist W. Somerset Maugham’s wise words: ‘If 50 million people say something foolish, it is still foolish.”
Rolf Dobelli, The Art of Thinking Clearly: The Secrets of Perfect Decision-Making

Howard  Marks
“There’s only one way to describe most investors: trend followers. Superior investors are the exact opposite. Superior investing, as I hope I’ve convinced you by now, requires second-level thinking—a way of thinking that’s different from that of others, more complex and more insightful.”
Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Howard  Marks
“We have to practice defensive investing, since many of the outcomes are likely to go against us. It’s more important to ensure survival under negative outcomes than it is to guarantee maximum returns under favorable ones.”
Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

Howard  Marks
“The desire for more, the fear of missing out, the tendency to compare against others, the influence of the crowd and the dream of the sure thing—these factors are near universal. Thus they have a profound collective impact on most investors and most markets. This is especially true at the market extremes. The result is mistakes—frequent, widespread, recurring, expensive mistakes.”
Howard Marks, The Most Important Thing: Uncommon Sense for the Thoughtful Investor

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