MOTIVATION, THOUGHTs & WARNINGs for GREATER GOOD

Creators
1

Whenever I go through suffering, I often start reading great persons quotes & life histories. While reading I discover every time that my sufferings are little compared to those great persons suffered in their life. This reading habit also guides me to think & act correctly.

Here we will post some of our favorite quotations (preferably, of great persons), which will work as a Motivation & Brainstorming for Financial Market Participants.

My motive behind the topic/thread:

I love to grow trees. A tree cannot become big & huge without its leaves & roots. Here a tree, as a whole, should be compared with any system/organization/country which wants to become big & huge. Leaves & roots are important constituents (i.e. participants) of that system.

Rules should be honored while posting/replying to this topic/thread:
  1. Any participant, in a day, should not post multiple (conceptually different) quotations grouped together in a single reply/post. Instead, post one quotation (based on one concept) and its explanations (if required), in a day. Next day, reply-with/post another quotation, and so on.
  2. Avoid repeated posting of exactly the same quotation (of the same great person). Avoid plagiarism, always mention/refer/cite who originally said that quotation (except for self-quotes).
  3. Please, prefer to post quotations in text only format by mentioning original authors/speakers always.
Reasons behind those above rules:

a) I have a stock of more than one thousand quotations (of great persons). Now, if I mention all of my stocked quotations in a single post, the following will happen:

  1. Many people will not read (& deeply think about it) all the quotes at one go. Everyone needs some time to digest/understand some thought.
  2. Other people who are willing to help others in this way (through great persons quotations), may not get a chance to post/reply, because his/her favorite quotations have already got posted by someone else.
  3. As no other new posts will come, so this topic/thread will go to the very backside of this community. Not everyone goes to read the very old posts. As a result a less number of people will be helped by those quotations.

b) Though I know images conveys more information than only texts (Ref). But, posting quotations in text only format will reduce hosting server’s load remarkably. Our replies should not create a burden on website owners.

A disclaimer:

Copyright of the quotations of the great persons belongs to the respective original authors/speakers. I always mention/refer/cite them.

"Employ your time in improving yourself by other men’s writings, so that you shall gain easily what others have labored hard for." — Socrates

10 Likes
2

"An investment in knowledge always pays the best interest." — Benjamin Franklin

6 Likes
3

Winners vs Losers

7 Likes
4

"The best way to find yourself is to lose yourself in the service of others." — Mahatma Gandhi

6 Likes
5

"Change your focus, from making money to serving more people. Serving more people makes the money come in." — Robert Kiyosaki

9 Likes
6

True Vedic followers are the westerners(indirectly).

3 Likes
7

"Invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price."— Benjamin Graham

6 Likes
8

"The stock market is filled with individuals who know the price of everything, but the value of nothing." — Philip Fisher

9 Likes
9

"Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes." — George Soros

8 Likes
10

"Long ago, Ben Graham taught me that ’Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down." — Warren Buffett

10 Likes
11

"In the short run, the market is a voting machine but in the long run, it is a weighing machine." — Benjamin Graham

Probable meaning of the above quote.

11 Likes
12

image

12 Likes
13

image

14 Likes
14

d2e547bd1d8248a1a23cd911aa642505
d2e547bd1d8248a1a23cd911aa6425051080Ă—842 61.2 KB

18 Likes
15

image
image743Ă—530 149 KB

32 Likes
18

As investors, we have the power to accept or reject Mr. Market’s offers, on any given day, giving us a leg up over those who feel compelled to be invested at all times, regardless of the current valuation of securities

image

19 Likes
19

endless cycle true

2 Likes
20

Rich vs Poor

Rich:

  1. Thinks big (hire smart people).
  2. Income distribution (several sources of income).
  3. Invest a good chunk of earnings.
  4. Focus on providing value, making profits.
  5. Leverage debt to make money.
  6. Are grateful towards people.
  7. Love to grow financial literacy.

Poor:

  1. Thinks small.
  2. One source of income (buys a job).
  3. Spend on liabilities.
  4. Focus on making money instantly.
  5. Use debt to buy liabilities.
  6. Do not have time to learn about Money.
  7. Thinks, knows everything.

Ref: Rich Dad Poor Dad

8 Likes
21

“Rich people buy luxuries last,
While poor and middle class
Tend to buy luxuries first” !

                    _Robert kiyosaki
4 Likes
22

Behind every great man, there are too many people to roll their eyes.
If you aren’t in the moment, you are either looking forward to uncertainty, or back to pain and regret.
If you’ve got a talent, protect it.
I tend to stay up late, not because I’m partying but because it’s the only time of the day when I’m alone and don’t have to be performing.
I’m very serious about no alcohol, no drugs. Life is too beautiful.
I was the first to admit this whole salary thing is getting out of control. In the final analysis, it’s still about the work.
Life opens up opportunities for you, and you either take them or you stay afraid of taking them.

11 Likes