0xCheshire

Amazon's stock fell 80% in 2000.
This is what Jeff Bezos said to investors at the time:

New group member said she found me through @grok.
Family, GEO is about to take off!

12 Quotes to Make You a Better Investor
Peter Lynch managed the Magellan Fund from 1977 to 1990, during which he achieved a 29.2% compound annual growth rate.
Starting with $20 million, by the time he left, the fund had grown to $14 billion.
These 12 quotes will help you become a better investor.
1. “The money investors lose while preparing for or trying to predict market corrections is far greater than the money lost during the correction itself.”
Focus on what you know and can control.
2. “Know what you own, and know why you own it.”
Never borrow someone else’s conviction. Do your own resear

If you want to learn about business, the late 19th and 20th centuries offer absolute treasures.
Here are some of the best books about some of the most successful entrepreneurs of all time: 🧵
1. "The Rockefeller Biography" — The Life of John D. Rockefeller
Adjusted for inflation, Rockefeller's net worth exceeds $400 billion.

"There are 60,000 economists in the United States, many of whom are employed full-time trying to predict recessions and interest rates. If they could successfully do so twice in a row, they would have been millionaires long ago. As far as I know, most of them are still employed, which should say something."
— Peter Lynch

If you're really so smart, why are you doing a job you dislike?

"Everyone tries to become smart, but I am just trying not to be foolish."
— Charlie Munger

If you want to achieve long-term investment success, learn these 3 skills:
1. Financial literacy
2. Risk management
3. Patience and discipline
Simple, but not easy.