Philip Cunningham III

“Sports is to war as pornography is to sex.”
― Jonathan Haidt

“[W]hen a group of people make something sacred, the members of the cult lose the ability to think clearly about it. Morality binds and blinds.”
― Jonathan Haidt, The Righteous Mind: Why Good People Are Divided by Politics and Religion

“My investment philosophy changed when I read Charles Ellis’ book Winning the Loser’s Game. The book was given to me by my employer at the time, Michael Goodman, founder of Wealthstream Advisors, Inc. Ellis convinced me that trying to beat the market is a losing proposition. In golf, par is a good score, and avoiding bogeys is more important than making birdies. Very few professional investors beat the market consistently, after accounting for the costs. The most important takeaway from Ellis’ books is that the market return is a good return. The proliferation of low-cost index funds means that the market return is ours for the taking, if only we accept it. I have not purchased an individual stock since reading that book.”
― Joshua Brown, How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest

“We’re all stuck here for a while, so let’s try to work it out.”
― Jonathan Haidt, The Righteous Mind: Why Good People are Divided by Politics and Religion