📚 Edwin's Highlights

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

The Higher they Go, the Harder they Fall As the enduring antidote to this kind of bull-market baloney, Graham urges the intelligent investor to ask some simple, skeptical questions. Why should the future returns of stocks always be the same as their past returns? When every investor comes to believe that stocks are guaranteed to make money in the long run, won’t the market end up being wildly overpriced? And once that happens, how can future returns possibly be high?

The Intelligent Investor, Rev. Ed

Benjamin Graham, Jason Zweig

Mechanism: Embrace the Inspectors We applied “embrace the inspectors” not only to one-time critiques and problems such as the shore power mishap, but also to entire inspections. We would utilize the inspectors to disseminate our ideas throughout the squadron, to learn from others, and to document issues to improve the ship.

Turn the Ship Around!

L. David Marquet and Stephen R. Covey

Fear makes people do stupid things so don’t trust anything made in fear.

Excellent Advice for Living

Kevin Kelly

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