If You Don't Own Gold, You Know

If You Don't Own Gold, You Know Neither History Nor Economics.

I Have A Bad Rote Memory, But I Tend To Learn Through My Experiences. And Then When I Went Into The Markets, And Then Starting My Business As An Entrepreneur, That Affected My Thinking A Lot, Too, Because In Order To Be Successful As Both An Investor And An Entrepreneur, One Has To Be An Independent Thinker And Bet Against The Consensus And Be Right. Because The Consensus Is Built Into The Price, And If You're Not An Independent Thinker In The Markets You Won't Succeed. And If You're Not An Independent Thinker As An Entrepreneur Starting Out, You're Not Going To Bring Anything Special.

When You're Centered, Your Emotions Are Not Hijacking You.

The Big Question Is: When Will The Term Structure Of Interest Rates Change? That's The Question To Be Worried About.

By And Large, Life Will Give You What You Deserve And It Doesn't Give A Damn What You Like. So It Is Up To You To Take Full Responsibility To Connect What You Want With What You Need To Do To Get It, And Then To Do Those Things.