From Benjamin Graham's "The Intelligent Investor" How Much Stocks and Bonds Should I have? "We recommended that the investor divide his holdings between high-grade bonds and leading common stocks; that the proportion held in bonds be never less than 25% or more than...
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You need an Organizational Chart for Business.
From Michael Gerber's "The E-Myth Revisited" Why Do You Need an Organizational Chart? "Everyone wants to "get organized." But when you suggest that they start by creating an Organization Chart, all you get is doubtful- and sometimes hostile- stares." (p. 166)"Don't be...
Your business needs Innovation, Quantification, and Orchestration.
From Michael Gerber's "The E-Myth Revisited" You Business Needs Innovation, Quantification, and Orchestration: "Innovation, Quantification, and Orchestration are the backbone of every extraordinary business." (p. 127) Innovation: Innovation is finding ways to improve...
Favorite Quotes from “The E-myth Revisited”
From Michael Gerber's "The E-myth Revisited" My Favorite Quotes from "The E-myth Revisited." "The question has often been asked of me, “What do the owners of extraordinary businesses know that the rest don’t?” Contrary to popular belief, my experience has shown me...
My favorite quotes from Ben Horowitz
From Ben Horowitz's "The Hard Thing About Hard Things" My Favorite Quotes From Ben Horowitz: "There are no shortcuts to knowledge, especially knowledge gained from personal experience. Following conventional wisdom and relying on shortcuts can be worse than knowing...
Naval’s advice how to become Happy
From Naval Ravikant's "Almanack of Naval Ravikant" Naval Ravikant's advice how to become Happy: "The three big ones in life are wealth, health, and happiness. We pursue them in that order, but their importance is reverse." (p. 126) "Don't take yourself so seriously, ....
Beware of the Illusion of Skill and Validity
From Daniel Kahneman's "Thinking, Fast and Slow" Beware of the illusion of Skill and Validity! "We knew as a general fact that our predictions were little better than random guesses, but we continued to feel and act as if each of our specific predictions was valid. I...
The E-Myth Revisited by Michael Gerber
From Amazon's Description: "An instant classic, this revised and updated edition of the phenomenal bestseller dispels the myths about starting your own business. Small business consultant and author Michael E. Gerber, with sharp insight gained from years of...
The Intelligent Investor by Benjamin Graham
From Amazon's Description: “By far the best book on investing ever written.” — Warren Buffett "The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of “value investing”—which shields...
Skin in the Game by Nassim Taleb
From Amazon's Description: "As always both accessible and iconoclastic, Taleb challenges long-held beliefs about the values of those who spearhead military interventions, make financial investments, and propagate religious faiths. Among his insights: • For social...