Lessons from a FundManager cum Trader

• All you have is your name and your word.
• Honesty, trust and respect are the foundational constructs of any successful endeavor.
• Time is the most precious commodity.
• The purpose of the journey is the journey itself.
• What goes around comes around.
• The greatest wisdom is bred as a function of pain.
• Bad times define good friends just as bad seasons define good fans.
• Be good to others and better to yourself.
• A random act of kindness is a positive pebble that ripples through the proverbial pond of life.
• Work to live; don't live to work.
• Time is the arbiter of fate.
• Free will is God's greatest gift.
• Experience is a close second.
• Opportunities are made up easier than losses.
• Profitability begins within.
• One hand washes the other.
• Just because one yells doesn't make the message more important.
• Where you stand is a function of where you sit.
• Life is the cumulative sum of your decisions.
• The only difference between genius and madness is acceptance.
• The only difference between intervention and manipulation is communication.
• The only difference between a lesson and a mistake is the ability to learn from it.
• Negative energy is wasted energy.
• Adapt, don't conform.
• Take the high road; it's less crowded and has a better view.
• Stay out of debt.
• Be thankful for what you have rather than pine for what you don't.
• Seek balance.
• The definition of an investment should never be a trade gone awry.
• To appreciate where we are, we must understand how we got here.
• Drugs that mask symptoms aren't the same as medicine that cures the disease.
• The opposite of love isn't hate; it's apathy.
• The friction between opinions is where true education resides.
• A dream is only as powerful as those who believe in it.
• Money comes and goes.
• The reaction to news is more important than the news itself.
• Trading gods have a vicious sense of humor.
• Tomorrow is promised to nobody.
• If you do the right thing long enough, someone will eventually take notice.
• Good traders know how to make money; great traders know how to take a loss.
• Seeing old friends is good for the soul.
• Some of the wealthiest people I know don't have two dimes to rub together.
• By the time you get to where you want to be, the journey will have already ended.
• Emotion is the enemy when trading.
• When in doubt, sit it out.
• The only difference between being early and being wrong is if you're there to collect your chips.
• Build a growth company by surrounding yourself with people who can themselves grow.
• Tenacity, resolve and perseverance are the hallmarks of success.
• Hope isn't a viable investment vehicle.
• Stay humble or the market will do it for you.
• Be careful with people who don't love pets.
• The ability not to trade is as important as trading ability.
• The Crash didn't cause the Great Depression; the Great Depression caused the Crash.
• Social mood and risk appetites shape financial markets.
• The leaders coming out of a crisis are never the same as those that enter it.
• The ability to add capacity into a downturn defines the winners on the other side.
• Discipline trumps conviction.
• There is a difference between having fun and being happy.
• Gratitude is latitude.
• There's no shame in admitting it's hard; there's only shame in pretending it's not.
• If you're not part of the solution, you're part of the problem.
• Society is a sum of the parts.
• View obstacles as opportunities.
• The air of integrity gets thinner with age.
• The meaning of life is a life of meaning.
• Think positive!
• One step in front of the other.