In Silicon Valley, you’re either a unicorn or a dinosaur, and if you are the latter, you are uninvestable,” said a venture capital friend of mine.
When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate,? said Nassim Nicholas Taleb, author of Antifragile: Things That Gain from Disorder?
“There’s a 70% chance you could lose it all,” said Jeff Bezos to his parents when asking for a $100,000 investment to start Amazon. “I want you to know the risks because I want to be able to come home for Thanksgiving.”
“The French have more fun in one year than the English do in ten,” said John Adams, America’s second president, and one-time ambassador to Paris and London.
"A central bank is best that governs least, but is prepared to govern radically when called upon," said 19th century man of letters, Walter Bagehot, the first editor of The Economist magazine in London.
“All over the world, money managers are waiting for the signal that the Fed is going to end tightening. I think everyone is on a hair trigger,” said oracle of Omaha, Warren Buffett.
“An S&P 500 index fund never beats the index. There’s fees, there’s friction costs, and other costs involved,” said Robert Reynolds, a manager at Putnam Investment Fund.
'If you can get a dividend higher than the yield on ten-year debt, it's an opportunity we haven't seen in our lifetime. On a five-year horizon, investing in large multinationals with high dividends will have a large payday' said Lawrence Fink, CEO of Black Rock.
"Some people spend an entire lifetime wondering if they've made a difference. The Marines don't have that problem," said the late President,
Ronald Reagan.
“Happiness is having a large, loving, caring, close-knit family in another city,” said the comedian, George Burns, who lived to over 100.
