The Cycle In Success
Success carries within itself the seeds of failure, and failure the seeds of success.
Success is not good for most people. Success can change people, and usually not for the better. Success makes people think they are smart.
In investing there is a complex relationship between humility and confidence.
Pronounced bargain prices are most likely to be found among things that conventional wisdom dismisses, that make most investors uncomfortable, and whose merits are hard to comprehend.
Don’t confuse brains with a bull market.
Company’s gains can lead to losses and losses can lay the groundwork for gains. There is a cycle in business success.