Long-term success requires serious discipline and adherence to the basics, coupled with adaptability. Complacency is the enemy. Just because something worked for a quarter, year, or even longer, doesn't mean it will work forever.Sayfa 275
As British economist John Maynard Keynes famously stated, “The market can stay irrational longer than you can stay solvent.”Sayfa 253
Everything looks cheap as it's going to zero.Sayfa 176
There's only so much cost to squeeze out of the lemon.Sayfa 154
As the saying goes: “If you don't do macro, macro will do you.”Sayfa 21