📚 Edwin's Highlights

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

You already know what you’re faking to others. Do you know what you’re faking to yourself? Are you honest about your effort and commitment? Are you showing up, not just physically but 100 percent mentally?

Winning

Tim S. Grover

Graham’s definition of investing could not be clearer: “An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return.”1 Note that investing, according to Graham, consists equally of three elements: you must thoroughly analyze a company, and the soundness of its underlying businesses, before you buy its stock; you must deliberately protect yourself against serious losses; you must aspire to “adequate,” not extraordinary, performance.

The Intelligent Investor, Rev. Ed

Benjamin Graham, Jason Zweig

Now there are two kinds of hardening, one of the understanding, the other of the sense of shame, when a man is resolved not to assent to what is manifest nor to desist from contradictions. Most of us are afraid of mortification of the body, and would contrive all means to avoid such a thing, but we care not about the soul’s mortification. And indeed with regard to the soul, if a man be in such a state as not to apprehend anything, or understand at all, we think that he is in a bad condition: but if the sense of shame and modesty are deadened, this we call even power.

The Discourses

Epictetus

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