“As long as we encourage a culture of victim hood, said Monty, with the rhythmic smoothness of self-quotation, we will continue to raise victims. And so the cycle of underachievement continues.” — Zadie Smith Copy Share Image
Short-term performance envy causes many of the shortcomings that lock most investors into a perpetual cycle of underachievement. Watch your competitors not out of jealousy but out of respect and focus your efforts not on replicating others' portfolios but on… — Seth Klarman Copy Share Image
