investing
It's a big door in but a small door out
Be the most optimistic when it seems like the world is ending and be more pessimistic when everyone seems to be too comfortable making money
Anticipate and diversify
When investors become more worried about future losses than hopeful for future profits, the bull market is over
Human minds cannot think in exponential only linear fashion.
Realize the compounding effect through the story of folding a piece of paper only takes 42 times to reach the moon.
Learn the rule of 72 for rate of doubling.
Everything comes down to supply and demand
Purpose of investing is to be able to do the things you want to do but not at the expense of stress, strains and discomfort that goes along with bad market environments
Don’t lose – all of the financial masters are even more obsessed with not losing money than they are with making money
Cash is king during depth of depression and can purchase many good investments at a big discount