Thought of the Day…

“The superior man makes the difficulty to be overcome his first interest; success only comes later.”

– Confucius

Thought of the Day…

“True wisdom comes to each of us when we realize how little we understand about life, ourselves, & the world around us.”

– Socrates

Thought of the Day…

“The prevailing wisdom is that markets are always right. I take the opposition position. I assume that markets are always wrong. Even if my assumption is occasionally wrong, I use it as a working hypothesis. It does not follow that one should always go against the prevailing trend. On the contrary, most of the time the trend prevails; only occasionally are the errors corrected. It is only on those occasions that one should go against the trend. This line of reasoning leads me to look for the flaw in every investment thesis. … I am ahead of the curve. I watch out for telltale signs that a trend may be exhausted. Then I disengage from the herd and look for a different investment thesis. Or, if I think the trend has been carried to excess, I may probe going against it. Most of the time we are punished if we go against the trend. Only at an inflection point are we rewarded.”

– George Soros

Thought of the Day…

“First say to yourself what you would be; and then do what you have to do.”

– Epictetus

Thought of the Day…

“There is no passion to be found playing small – in settling for a life that is less than the one you are capable of living.”

– Nelson Mandela

Thought of the Day…

“The higher we are placed, the more humbly we should walk.”

– Cicero

Thought of the Day…

“In most things success depends on knowing how long it takes to succeed.”

– Montesquieu

Thought of the Day…

“The price pattern reminds you that every movement of importance is but a repetition of similar price movements, that just as soon as you can familiarize yourself with the actions of the past, you will be able to anticipate and act correctly and profitably upon forthcoming movements.”
– Jesse Livermore

Thought of the Day…