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“At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history.
Heller responds,“Yes, but I have something he will never have — enough.”
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Heller responds,“Yes, but I have something he will never have — enough.”
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“Investors need to understand not only the magic of compounding long-term returns, but the tyranny of compounding costs; costs that ultimately overwhelm that magic.”
― The Clash of the Cultures: Investment vs. Speculation
― The Clash of the Cultures: Investment vs. Speculation
Ivor’s 2025 Year in Books
Take a look at Ivor’s Year in Books, including some fun facts about their reading.
10 books
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12 friends
2 books
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45 friends
0 books
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17 friends
2 books
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130 friends
1 book
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74 friends
12 books
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113 friends
78 books
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105 friends
346 books
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196 friends
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