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

Thought of the Day

“The reason people find it so hard to be happy is that they always see the past better than it was, the present worse than it is, and the future less resolved than it will be.”
– Marcel Pagnol