Simplicity

“Simplicity is the result of long, hard work, not the starting point. The ability to reduce something to its essence is the true mark of understanding. But one of the great ironies in life is that when the smartest minds generously share the secrets of their success with us, we ignore them, because they sound too basic and simple for us to appreciate.”

– Gautam Baid. The Joys of Compounding

KISS, an acronym for keep it simple, stupid, is a design principle noted by the U.S. Navy in 1960. The KISS principle states that most systems work best if they are kept simple rather than made complicated…

– Wikipedia – KISS principle

The 5 ascending levels of intellect: Smart, Intelligent, Brilliant, Genius, Simple.

– Albert Einstein

Rule number 1: Never lose money. Rule number 2: Never forget rule number 1.

– Warren Buffett

The Pareto principle states that for many outcomes, roughly 80% of consequences come from 20% of causes.

The difference between successful people and very successful people is that very successful people say no to almost everything.

– Warren Buffett

Lose small and win big is the holy grail of investing

– Marc Mandell of Winning on Wall Street

The secret to winning big in the stock market is not to be right all the time, but to lose the least amount possible when you are wrong.

Take you losses quickly and your profits slowly.

– William Oneil

It takes a lot of unspectacular preparation to have spectacular results in both business and football.

– Roger Staubach

Nothing can drag you down if you are not holding it.

– Tony Robbins