Pater Tenebrarum “Clearly they are not thinking. Because thinking takes work. Most people don’t like to work. They like to pretend to work.”
Charlie Munger “The Sillier the markets behave, the greater the opportunity for the businesslike investor.”
Upton Sinclair “It is difficult to get a man to see something when his salary is dependent upon his not seeing it.”
Axel Merk “The time to diversify is not exactly at the peak of the markets – as that’s extremely difficult to time; instead, in our humble opinion, managing risk consists of stress testing one’s portfolio before the tide turns, then taking initiatives.”
