If You Don't Own Gold, You Know

What Matters Most Is That The People You Work With Share Your Values.

You'll See That Excuses Like "that's Not Easy" Are Of No Value And That It Pays To "push Through It" At A Pace You Can Handle. Like Getting Physically Fit, The Most Important Thing Is That You Keep Moving Forward At Whatever Pace You Choose, Recognizing The Consequences Of Your Actions.

Constantly Probe The People Who Report To You, And Encourage Them To Probe You.

The Biggest Mistake Investors Make Is To Believe That What Happened In The Recent Past Is Likely To Persist. They Assume That Something That Was A Good Investment In The Recent Past Is Still A Good Investment. Typically, High Past Returns Simply Imply That An Asset Has Become More Expensive And Is A Poorer, Not Better, Investment.

Never Say Anything About A Person You Wouldn't Say To Them Directly, And Don't Try People Without Accusing Them To Their Face. Badmouthing People Behind Their Backs Shows A Serious Lack Of Integrity And Is Counterproductive. It Doesn't Yield Any Beneficial Change, And It Subverts Both The People You Are Badmouthing And The Environment As A Whole.