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“plan your out ahead of time, so when the emotion of the moment takes over, you’ve got a signal you can count on. Knowing when to quit is essential. It’s an art. All successful people have quit. Some, often. Find people you trust who have the backbone and perspective to tell you if/when you should hang in there or fold your cards.”
― The Algebra of Wealth: A Simple Formula for Financial Security
― The Algebra of Wealth: A Simple Formula for Financial Security
“Roll with the punches. Bad things will happen; you’ll make mistakes. These are reasons to adjust your plans, not abandon them. Nothing is ever as good or as bad as it seems. FOCUS”
― The Algebra of Wealth: A Simple Formula for Financial Security
― The Algebra of Wealth: A Simple Formula for Financial Security
“Two thousand years ago, Seneca wrote: “Associate with people who are likely to improve you. Welcome those who you are capable of improving. The process is a mutual one: men learn as they teach.”
― The Algebra of Wealth: A Simple Formula for Financial Security
― The Algebra of Wealth: A Simple Formula for Financial Security
“It seemed to me—articulated in words of today—that not only did she know how to put things well but she was developing a gift that I was already familiar with: more effectively than she had as a child, she took the facts and in a natural way charged them with tension; she intensified reality as she reduced it to words, she injected it with energy.”
― My Brilliant Friend
― My Brilliant Friend
“Temperance is to me the most important virtue because it is the one most tested by modern culture. Capitalism is fueled by our lack of self-control, our obsession with status and consumption. And not just in the obvious sense of super-sized fries and luxury handbags. Western society encourages indulgence not only in spending but also in emotional outbursts, in victimizing, and victimhood. Temperance is the resistance—or at least the management—of all our indulgences.”
― The Algebra of Wealth: A Simple Formula for Financial Security
― The Algebra of Wealth: A Simple Formula for Financial Security
travis’s 2025 Year in Books
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