Failure

Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important.  Steve Jobs

The only real failure in life is not to be true to the best one knows. Buddha
I can accept failure, everyone fails at something. But I can’t accept not trying. Michael Jordan
Learning how to handle failure is a good skill to have.  We all fail, lose money and make mistakes in investing. If you can survive and build on your successes then you ultimately will prosper.  An excellent interview of a man who made and lost $15 million.

http://wenzel.podbean.com/2011/12/10/the-robert-wenzel-show-week-7/

http://www.jamesaltucher.com/    A favorite blog.

2 responses to “Failure

  1. thanks, John. Altucher interview was great! His talk about entrepreneurial qualities applies to investing too. Staying healthy(mentally alert), being spiritual(help improving temperament), generating ideas constantly(being open to new ideas/situations) and networking(learning from other value investors). The last two mentioned, generating ideas and networking, is what your site is doing for me. Merry Christmas and Happy New Year. and many thanks!
    Wallace

  2. And a Ho!, Ho!, Ho! to you. Merry Christmas.

Leave a Reply

Your email address will not be published. Required fields are marked *