A batch of the best highlights from what Edwin's read, .
Everybody wants attention and admiration. Nobody wants to be criticized. The sweetest sound in the English language is the sound of a person’s own name. The only way to get the best of an argument is to avoid it. If you are wrong, admit it quickly and emphatically. Ask questions instead of giving direct orders. Give the other person a fine reputation to live up to. Call attention to people’s mistakes indirectly. Let the other person save face.
The Snowball
Alice Schroeder
He has no connections or access to useful information. Practically no one in Wall Street knows him and he is not fed any ideas. He looks up the numbers in the manuals and sends for the annual reports, and that’s about it. In introducing me to [Schloss] Warren had also, to my mind, described himself. “He never forgets that he is handling other people’s money and this reinforces his normal strong aversion to loss.” He has total integrity and a realistic picture of himself. Money is real to him and stocks are real—and from this flows an attraction to the “margin of safety” principle.
The Intelligent Investor, Rev. Ed
Benjamin Graham, Jason Zweig
Maria’s Header Image on Facebook, and a Good Rule to Live By “This should be a cardinal rule of the Internet (and of being human): If you don’t have the patience to read something, don’t have the hubris to comment on it.”