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Gautam Baid QUOTES

Gautam Baid QUOTES

1 " We don't read other people's opinions. We want to get the facts and then think. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

2 " I constantly see people rise in life who are not the smartest, sometimes not even the most diligent, but they are learning machines. They go to bed every night a little wiser than they were when they got up and boy does that help, particularly when you have a long run ahead of you. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

3 " What many people see as a three-hundred-page book is often the accumulation of thousands of hours and decades of work. Where else can you get the entire life’s work of someone in the space of a few hours? "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

4 " Look at this generation, with all of its electronic devices and multitasking. I will confidently predict less success than Warren, who just focused on reading. If you want wisdom, you’ll get it sitting on your ass. That’s the way it comes. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

5 " All of the history of humankind is a short chapter in the history of biology. And all of biology is a short chapter in the history of the planet. And the planet is a short chapter in the history of the universe. —Will and Ariel Durant "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

6 " Researchers published a study in 2014 that revealed that approximately a quarter of women and two-thirds of men chose electric shocks over spending time alone with their own thoughts. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

7 " Sitting. Reading. Thinking. Buffett credits many of his successful decisions to his incredible reading habit. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

8 " This is how Warren Buffett, one of the most successful people in the business world, describes his typical day: “I just sit in my office and read all day.”2 "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

9 " The reading of all good books is like a conversation with the finest minds of past centuries. —René Descartes "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

10 " He once told his personal airplane pilot, Mike Flint, that Flint needed to do three things to reach his goals. The first was to write down his top twenty-five goals. The second was to circle the top five most important ones. Finally, he should separate the top five goals into a separate list—and put goals six through twenty-five on a “not-to-do” list. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

11 " As the Pareto principle states, “80 percent of your results come from 20 percent of your activities.” Focus on the top 20 percent of activities and deprioritize the bottom 80 percent. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

12 " I think the correct path for everybody else is to specialize and get very good at something that society rewards, and then to get very efficient at doing it. But even if you do that, I think you should spend 10 to 20 percent of your time [on] trying to know all the big ideas in all the other disciplines "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

13 " We have two lives, and the second begins when we realize we have only one. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

14 " The man who doesn’t read good books has no advantage over the man who cannot read them. —Mark Twain "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

15 " And in the words of Nassim Taleb, “Curiosity is antifragile, like an addiction; magnified by attempts to satisfy it. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

16 " The underlying nature of the universe is insecure, impermanent, and ultimately fleeting. Therefore, don’t seek security, permanence, or prolongation. Instead, make peace with your place in the greater process. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

17 " In an interview with Business Wire in November 2011, Buffett said, “If you understand chapters 8 and 20 of The Intelligent Investor (Benjamin Graham, 1949) and chapter 12 of The General Theory (John Maynard Keynes, 1936), you don’t need to read anything else and you can turn off your TV.”2 This advice from Buffett references two classics from the field of investing and economics. Chapter 8 of Graham’s book talks about not letting the mood swings of Mr. Market coax us into speculating, selling in panic, or trying to time the market. Chapter 20 explains that, after careful analysis of a company’s ongoing business and its prospects for future earnings, we should consider buying only if its current price implies a large margin of safety. In chapter 12 of The General Theory of Employment, Interest, and Money (“The State of Long-Term Expectation”), Keynes remarks that most professional investors and speculators were “largely concerned, not with making superior long-term forecasts of the probable yield of an investment over "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

18 " The absence of evidence doesn’t qualify as the evidence of absence. "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

19 " clamoring "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning

20 " Nothing, nothing at all, matters as much as bringing the right people into your life. They will teach you everything you need to know. —Guy Spier "

― Gautam Baid , The Joys of Compounding: The Passionate Pursuit of Lifelong Learning