Garrett > Garrett's Quotes

“What counts for most people in investing is not how much they know, but rather how realistically they define what they don't know.”
― Lawrence A. Cunningham, The Essays of Warren Buffett: Lessons for Corporate America

“what you should learn when you make a mistake because you did not anticipate something is that the world is difficult to anticipate. That’s the correct lesson to learn from surprises: that the world is surprising.”
― Morgan Housel, The Psychology of Money

“You should like risk because it pays off over time. But you should be paranoid of ruinous risk because it prevents you from taking future risks that will pay off over time.”
― Morgan Housel, The Psychology of Money

“Everything in finance is data within the context of expectations.”
― Morgan Housel, The Psychology of Money

“a Republican at the state level, a Democrat at the local level, and a socialist at the family level.”
― Morgan Housel, Same as Ever: A Guide to What Never Changes