BELOW THE SURFACE THINKING
“99.99% of what you read or have been told about technical analysis is worthless.” (ADAM GRIMES via NOTES ON THE MARKET)
“I wish I hadn’t worked so hard.” (SUSIE STEINER via THE GUARDIAN)
“If our life is not very satisfying, if we don’t experience much contentedness outside of trading, it greatly increases the chances that the trader will have a higher need for immediate gratification in trading – which is often expressed as impatience. (ANDREW MENAKER via SMB)
“A fundamental assumption in rational decision making is that only relevant information from the alternatives available will influence an individual’s decision.” (FARNAM STREET)
“The listed mistakes in this book include everything from hindsight bias (believing after the fact that a particular occurrence was predictable) to believing that there are experts who can predict the future, as well as believing ‘this time it’s different’.” (JIM BLANKENSHIP via GETTING YOUR FINANCIAL DUCKS IN A ROW)
“It is only through daily assessment of beliefs with radical honesty that a trader grows, develops, and thrives.” (JANICE DORN via MONEY SHOW)
“Benjamin Franklin learned one of his first, and most important, personal finance lessons as a boy.” (BRETT & KATE MCKAY via THE ART OF MANLINESS)
“Every day we wake up a new person. We can forget that and too easily reattach to our past.” (JAMES ALTUCHER via ALTUCHER CONFIDENTIAL)
“It’s reasonable to fret that Wall Street is vacuuming up all the best talent from our top colleges.” (ERWARD TENNER via THE ATLANTIC)
