· The markets are highly efficient. You can learn this through experience, or the market may teach you a costly lesson.
· Embracing the efficiency of the markets provides a “never having to say you’re sorry” approach to investing, resulting in peace of mind.
· As a provider of capital, you are rightfully entitled to earn the market rate of return equal to the risks you take. With this mindset, everyone can thrive, as it aligns beautifully with the spirit of capitalism. There is a positive expected return on capital.
· – I cannot predict the future, but I have my opinions. However, it would be wise to base your investments on the insights of Nobel Laureates, whom I have had the privilege of getting to know.
· – If you find someone who can deliver superior results, I encourage you to collaborate with them. After all, your interests take precedence. You work for yourself, not for me.