Squibs Sample 2022
“All chronic production issues are behavior issues.”
—Aaron Hemsley (1936–2021)
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“A good summary of investing history is that stocks pay a fortune in the long run but seek punitive damages when you try to be paid sooner. Virtually all investing mistakes are rooted in people looking at long-term market returns and saying, ‘That's nice, but can I have it all faster?' ”
—Morgan Housel, in his essay “Too Much, Too Soon, Too Fast”