Focus on Inner Transformation.

A rational investor should pay a higher price for a share, other things equal, the lower the interest rates

Sex is not a reliable indicator of a good relationship because it can be great even when we are utterly mismatched—as in our case.

To still the mind one must learn to put it somewhere. It cannot just be let go; it must be focused.

If I had infinite money, already traveled the world, had no fear, and didn’t receive any recognition for what I do, what would I do or what would I create?

There are basically three types of people involved in VC. There’s an investor, venture capitalist, and entrepreneur.

Bond and bond fund values move in the opposite direction of interest rates.

In life you will face a lot of Circuses. You will pay for your failures. But, if you persevere, if you let those failures teach you and strengthen you, then you will be prepared to handle life’s toughest moments.

It was this combination of passion and perseverance that made high achievers special. In a word, they had grit.

The lower rates on qualified dividends increase the tax-efficiency of stocks relative to bonds whose yield is taxed at ordinary income tax rates. For this reason, and the fact that stocks benefit from the lower capital gains tax rates, we generally recommend placing stocks in taxable accounts and bonds in tax-advantaged accounts.