Live each day , have many lives
You lose a lot of money trying to find the next Microsoft, what we do in Lisbon Family Office is buying Microsoft. You make a bit of money , you almost never have a big disaster and I believe that sometimes the winner keeps winning.
Perhaps not overpaying is a good idea.
Of course if you try to find the new Microsoft perhaps you fail 9 times out of 10 and hopefully you make a killing in the 10th company. i don't have stomach to fail 9 out of 10 times. that is not good for me. it's like technical analysis, one trade pays for all.
“Mom how did we become so poor?” “Your dad invested in companies based on their cumulative management experience”
To be trusted is a greater compliment than being loved.
When you trust you can do a lot , when you are suspicious you move very slowly and everything needs contracts and verification. If you trust life is easy.
Trust is the most powerful economic force on earth
Charlie Munger
Trust is the glue of life. It's the most essential ingredient in effective communication. It's the foundational principle that holds all relationships.
He who does not trust enough, Will not be trusted.
A $300 or a $30 watch both tell the same time!
I finished It
Listen to many, speak to a few.
Nobody is in charge
“Nature is pleased with simplicity. And nature is no dummy” ― Isaac Newton
Successful parenting is giving your children the best of everything....
My endorsement