Ethan

“Likewise, investors were delighted to earn 11% on bank certificates of deposit (CDs) in 1980 and are bitterly disappointed to be earning only around 2% in 2003—even though they were losing money after inflation back then but are keeping up with inflation now.”
― Benjamin Graham, The Intelligent Investor

“I’m always on the lookout for great companies in lousy industries. A great industry that’s growing fast, such as computers or medical technology, attracts too much attention and too many competitors.”
― Peter Lynch, Beating the Street

“In stage four, once again they’re crowded around me—but this time it’s to tell me what stocks I should buy. Even the dentist has three or four tips, and in the next few days I look up his recommendations in the newspaper and they’ve all gone up. When the neighbors tell me what to buy and then I wish I had taken their advice, it’s a sure sign that the market has reached a top and is due for a tumble.”
― Peter Lynch, One Up On Wall Street: How To Use What You Already Know To Make Money In The Market

“Praise the God of all, drink the wine, and let the world be the world.”
― French Proverb