Gaurav

“In Berkshire Hathaway’s 2007 letter to shareholders,2 Warren Buffett explains that the kind of companies he likes to invest in are ‘companies that have a) a business we understand; b) favourable long-term economics; c) able and trustworthy management; and d) a sensible price tag. A truly great business must have an enduring “moat” that protects excellent returns on invested capital.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“How do you define wisdom? Understanding the long-term consequences of your actions.”
― Eric Jorgenson, The Almanack of Naval Ravikant: A Guide to Wealth and Happiness

“Long-term competitive advantage in a stable industry is what we seek in a business’. On the subject of For how long should an investor hold the shares they buy, Warren Buffett, in 1988’s Berkshire Hathaway’s letters to shareholders stated, ‘When we own portions of outstanding businesses with outstanding managements, our favourite holding period is forever.”
― Saurabh Mukherjea, Coffee Can Investing: the low risk road to stupendous wealth

“Meditation is turning off society and listening to yourself. It only “works” when done for its own sake. Hiking is walking meditation. Journaling is writing meditation. Praying is gratitude meditation. Showering is accidental meditation. Sitting quietly is direct meditation.”
― Eric Jorgenson, The Almanack of Naval Ravikant: A Guide to Wealth and Happiness