A batch of the best highlights from what roger's read, .
One recipe for happiness is selective inattention and lethargy. The pain of a dollar lost is greater than the joy of a dollar gained, so the more you watch prices bounce around, the glummer you’ll be. Spend more time gathering information that bears on your investment’s value, rather than tracking the price. If news won’t matter in a year, skip it. Sometimes you will miss a real turning point. My permanent resolution is to read more books, annual reports, and publications like the Economist and to reduce emails and social media. It’s said that a good marriage begins with eyes wide open but continues with almost willful blindness to small flaws; the same applies to stocks. Why rush decisions? You might know more tomorrow.
Big Money Thinks Small
Joel Tillinghast
Bill raised everybody’s standard, what we defined as acceptable. Perfection was his acceptable norm, and he got us thinking we could achieve it by teaching us what perfection was and how to reach it—not just how to locate a receiver, but every other aspect of doing your job at the top level, whatever that job was in the organization. It was something special, teaching a person, a whole team, an entire organization, to want to be perfect, to want to get to the next level, and the next one. And then do it.
The Score Takes Care of Itself
Bill Walsh, Steve Jamison, Craig Walsh
The best founders are unusually responsive. This is an indicator of decisiveness, focus, intensity, and the ability to get things done.