’16 Thought of the Day
Thought of the Day
“You are not in this world to live up to other people’s expectations, nor should you feel the world must live up to yours.”
– F Perl
Thought of the Day
“The revolutionary idea that defines the boundary between modern times and the past is the mastery of risk: the notion that the future is more than the whim of the gods and that men and women are not passive before nature. Until human beings discovered a way across that boundary, the future was a mirror of the past or the murky domain of oracles and soothsayers who held a monopoly over knowledge of anticipated events.”
– Peter L. Bernstein
Thought of the Day
“Risk and time are opposite sides of the same coin, for if there were no tomorrow there would be no risk. Time transforms risk, and the nature of risk is shaped by the time horizon: the future is the playing field”
– Peter L. Bernstein
Thought of the Day
“Without numbers, there are no odds and no probabilities; without odds and probabilities, the only way to deal with risk is to appeal to the gods and the fates. Without numbers, risk is wholly a matter of gut.”
– Peter L. Bernstein
Thought of the Day
“There isn’t anything noble about being superior to another person. True nobility is in being superior to the person you once were.”
– Ziad K. Abdelnour
Thought of the Day
“If you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.”
– Bruce Lee
Thought of the Day
“And yes, you should lose, and I know I can lose and should lose, it’s just a question of quantity. If you lose more than you should have done, that’s when you get into trouble. It’s a lack of discipline in sticking to what you decided you were going to do that causes difficulties. A lot of traders don’t focus on their targets and fail to block out emotions like hope, fear and greed.”
– David Kyte
Thought of the Day
“If you approach life complaining about what’s missing then you’ll be dissatisfied. Satisfaction comes from knowing that things can always be improved but at the same time appreciating what is right in your life, right now.”
– bkwsu.org