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C. Yacht Club. It’s going down!! Walk Good. 28all. Eya. *KT* The Warm-Up: “Most people spend too much time looking at what others are doing, and not enough time making sure they are heading towards where they want to be. Or maybe the problem is that they simply don’t know what kind of life they want, because they never took enough time to self-reflect.” ~Orange Book The Core: “The word ‘dog’ comes up a lot…well, I was a wolf. …I used to eat dogs.” ~Jerry West, on the competitiveness in the NBA “I don’t read analyst reports. All in all, I prefer to read raw financial reports and talk to industry representatives.” ~Warren Buffet “The first step in the acquisition of wisdom is silence, the second listening, the third memory, the fourth practice, the fifth teaching others.” ~Robert Greene “We had 11 years of free money, so asset bubble is broad and yet we have jacked up interest rates 500bp. My central case is the shoe is yet to drop.” ~Stanley Druckenmiller “I still don’t know what leads to ‘success’. But I know what leads to insuccess: a temperament of complaint, the mentality of permanent victimhood, and the collective and individual propensity for lamentation.” ~Nassim Nicholas Taleb “Use good debt, avoid bad debt. The rich know that bad debt makes you poor while good debt makes you rich. Poor borrow to: *Spend on cars, phones, trips, and luxuries. Rich borrow to: *Produce more income. *Increase net worth…Debt is used as leverage.” ~@Kenny | Accent Investing “If you grew up poor, you never truly had the opportunity to invest in yourself. Your priority: escape the rat race, and bet on yourself at least once in your life. You will discover whether you have any dormant potential. You will face the truth about what you are capable of.” ~Orange Book “My dad told me this when I was single: ‘Everyone has a type. And you’ll date plenty of people who are that type. But chances are – you won’t marry your type. Because if you were, you wouldn’t have a type, you’d have a wife.’...Maybe it’s worth taking a shot with someone new.” ~Alex Hormozi “ ‘Just be yourself’ takes more courage than it seems. Courage is the capacity to meet the anxiety that comes with freedom. It’s the willingness to differentiate, to move away from the protective dependence on parents, school, or peers, and be comfortable with your own nature…” ~@ScrodingrsBrat “The idea of preaching the gospel isnt about blasting the message to everybody who might be compelled by your value propositions. It’s about activating the network effects within the congregation of people who subscribe to the same belief system, which will inspire them to preach the gospel to other people on your behalf.” ~Marcus Collins, For The Culture “Sometimes all someone needs is to be embraced and surrounded by someone who loves and cares for them; to be able to be vulnerable and soft, to know they can finally release the weight they’ve been carrying, and to know that they aren’t alone in this cold world. People need warmth and community – especially during their lowest points in life. People put on this hard exterior and coldhearted persona to protect themselves from experiencing pain – but on the inside, they still crave that love and connection. They want to be able to have someone who breaks down their walls and allows them to be soft, and to be loved on.” ~@soulmuva “When markets are at extreme highs or lows, the essential requirement for achieving a superior view of their future performance lies in understanding what’s responsible for the current conditions. Everyone can study economics, finances, and accounting and learn how the markets are supposed to work. But superior investment results come from exploiting the differences between how things are supposed to work and how they actually do work in the real world. To do that, the essential inputs aren’t economic data or financial statement analysis. They key lies in understanding prevailing investor psychology.” ~Howard Marks, Taking the Temperature Last Set: “You’ve changed. You’re the same. You’ve learned nothing. You’ve changed everything. To be human is to be a walking, talking contradiction. A beautiful mess. A work of art in progress. Some days we feel powerful. Other days, we lose sight of who we are. But every day that we wake up, we can ground ourselves in the gift of intentionality.” ~Michell C. Clark
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