Sublime
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Tripp Lanier • This Book Will Make You Dangerous: The Irreverent Guide For Men Who Refuse to Settle
“I know that it gives one great inner force, calmness, and happiness to communicate with such great thinkers as Socrates, Epictetus, Arnold, Parker…. They tell us about what is most important for humanity, about the meaning of life and about virtue…. I would like to create a book … in which I could tell a person about his life, and about the Good W
... See moreLeo Tolstoy • A Calendar of Wisdom: Daily Thoughts to Nourish the Soul, Written and Se

To respond to market cycles and understand their message, one realization is more important than all others: the risk in investing doesn’t come primarily from the economy, the companies, the securities, the stock certificates or the exchange buildings. It comes from the behavior of the market participants. So do most of the opportunities for except
... See moreHoward Marks • Mastering the Market Cycle: Getting the Odds on Your Side
Some of the most important for me were Charley Ellis’s great article “The Loser’s Game” (The Financial Analysts Journal, July-August 1975), A Short History of Financial Euphoria, by John Kenneth Galbraith (New York: Viking, 1990) and Nassim Nicholas Taleb’s Fooled by Randomness (New York: Texere, 2001). Each did a great deal to shape my thinking.
Howard Marks, Paul Johnson • The Most Important Thing Illuminated
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