Misc Flashcards
(4 cards)
1
Q
“Smart people only go broke for 3 reasons, ___.” - ___
A
- ladies, liquor & leverage
- Charlie Munger
2
Q
“Diversification is the conscious choice not [to have enough in 1 sector] ___, in return for the blessing of not ___.” - ___
A
- to make a killing
- getting killed
- Nick Murray
3
Q
“Live well today whilst planning for tomorrow, ___.” - ___
A
- because tomorrow is not guaranteed
- Pete Matthew
4
Q
“Buy experiences, not things. Spending on experiences makes people happier than spending on things.
Things get ___ and ___. Experiences get ___.” -
A
- broken
- go out of style
- better every time you talk about them
- Jean Chatzky (US finance journalist)
