“Our experience tends to confirm a long-held notion that being prepared, on a few occasions in a lifetime, to act promptly in scale, in doing some simple and logical thing, will often dramatically improve the financial results of that lifetime.”
— Charlie Munger Primary source“The right investment is in tools of your trade.”
— Ralph Waldo Emerson Primary source“If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest.”
— Benjamin Franklin DisputedKnowledge Tools Leverage Fishing Concentration