"There is no doubt that in exchanging a self-centered for a selfless life we gain enormously in self-esteem. The vanity of the selfles...

"They who lack talent expect things to happen without effort. They ascribe failure to a lack of inspiration or ability, or to misfortu...

"It has been my experience that there is no substitute for time where thinking is concerned. Why is it so? The answer seems to be that...

"When bargains are scarce, value investors must be patient; compromising standards is a slippery slope to disaster. New opportunities ...

Latticework of Mental Models: Hawthorne Effect ( LINK ) Crowds and Technology ( LINK ) Related books: 1)  The True Believer ; 2)  Crowds...

Latticework of Mental Models: Lindy Effect ( LINK ) No One Knows What Will Happen ( LINK ) Kevin Kelly on EconTalk ( LINK ) Related bo...

For those who missed it, here's the link for the Berkshire Hathaway 2016 Annual Shareholders Meeting replay video ( LINK ) [The Q&A ...

Link to videos: Eric Hoffer pt. 1 of 5 Eric Hoffer pt. 2 of 5 Eric Hoffer pt. 3 of 5 Eric Hoffer pt. 4 of 5 Eric Hoffer pt. 5 of ...

Rational Walk reviews the book Berkshire Beyond Buffett ( LINK ) Elizabeth Holmes at TEDMED 2014 (video) [H/T Will] ( LINK ) Related pr...

Thanks to Daniel for passing this quote along. "It goes without saying that the fanatic is convinced that the cause he holds on...

“When our mode of life is so precarious as to make it patent that we cannot control the circumstances of our existence, we tend to stick to...

A great paragraph to conclude the preface of The True Believer : It is perhaps not superfluous to add a word of caution. When we speak...