📚 Edwin's Highlights

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A batch of the best highlights from what Edwin's read, .

Like casino gambling or betting on the horses, speculating in the market can be exciting or even rewarding (if you happen to get lucky). But it’s the worst imaginable way to build your wealth. That’s because Wall Street, like Las Vegas or the racetrack, has calibrated the odds so that the house always prevails, in the end, against everyone who tries to beat the house at its own speculative game.

The Intelligent Investor, Rev. Ed

Benjamin Graham, Jason Zweig

Thrasea used to say, “I would rather be killed to-day than banished to-morrow.” What, then, did Rufus say to him? “If you choose death as the heavier misfortune, how great is the folly of your choice? But if, as the lighter, who has given you the choice? Will you not study to be content with that which has been given to you?”

The Discourses

Epictetus

Ego asks: Why is this happening to me? How do I save this and prove to everyone I’m as great as they think? It’s the animal fear of even the slightest sign of weakness. You’ve seen this. You’ve done this. Fighting desperately for something we’re only making worse. It is not a path to great things.

Ego Is the Enemy

Ryan Holiday

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A batch of the best highlights from what Edwin's read, .

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