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Take up one idea. Make that one idea your life – think of it, dream of it, and live on that idea.
- Swami Vivekananda
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Value Investing works because it doesn’t work all the time.
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- Charlie Munger
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We don’t start with models. We start with data. We don’t have any preconceived notions. We look for things that can be replicated thousands of times.
- Jim Simons
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It’s one thing to have an opinion, but something very different to assume it’s right and bet heavily on it.
- Howard Marks
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