The essentials of real happiness are few, simple, and close at hand.

Tuesday, January 28, 2025 Francisco 0 Comments

I was dining recently with a particular successful young man who is trying very hard to be happy, but he takes such a complicated, strenuous view of everything that his happiness is always flying from him. He drives everything so fiercely, his life is so vigorous, so complicated, that happiness can not find a home with him very long. Nor does he understand why. He has money , health,; but he always has that restless far-away, absent minded gaze into something beyond, and I do not think he is ever really very happy. His whole manner of living is extremely complex. He does not seem to know where to find happiness. He has evidently mistaken the very nature of happiness. He thinks it consists in making a great show, in having great possessions, in doing things which attract a great deal of attention; but happiness would be strangled, suffocated in such an environment. The essentials of real happiness are few, simple, and close at hand. Happiness is made up of very simple ingredients. It flees from the complex life. It evades pomp and show. The heart would starve amid great luxuries. Simple joys and the treasures of the heart and mind make happiness.


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One of the most pathetic pictures in civilization is the great army of men and woman searching the world over for happiness, as though it existed in things rather than in a state of mind.

Orison Sweet Marden

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Old is the best

Tuesday, January 21, 2025 Francisco 0 Comments

 

The best Hedge Funds were created many years ago.






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Start where you are

Thursday, January 16, 2025 Francisco 0 Comments

 In all my life the guy with the best bike does not win , the one with the best tennis racquet is a terrible player, my vision is always the guy with the best gadget is hiding some weakness.

If you don't have I-Phone 13 or whatever it is I think you lose nothing. Content , your idea is more important.

Start where you are. Use what you have. Do what you can. 

Arthur Ashe



 “Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading.”

- Charlie Munger




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Technology wins, Investors lose

Tuesday, January 14, 2025 Francisco 0 Comments

 

Initially, railway investors did not see any returns, as they had to make significant investments in laying down tracks and acquiring land. For the first 100 years, no profits were made. However, in the past 24 years, all listed railways in the US and Canada have outperformed the S&P 500. Even the worst-performing railway, Norfolk Southern, saw a 1296% increase compared to the SPY ETF's 316% rise. Like many things in life, the substantial profits came at the end.


"The secret of life is weak competition."


— Warren Buffett






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Don't look for outside approval

Saturday, January 04, 2025 Francisco 0 Comments

 


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