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  • Expectations Quotes   103
  • William James once made an acute point about the relationship between happiness and expectation. He argued that satisfaction with ourselves does not require us to succeed in every endeavour. We are not always humiliated by failing; we are humiliated only if we first invest our pride and sense of worth in a given achievement and then do not reach it.
  • 5 years ago



    Tags : Alain de Botton Quotes , Pride Quotes , Expectations Quotes
  • There is one thing of which I can assure you. If good performance of the fund is even a minor objective, any portfolio encompassing one hundred stocks (whether the manager is handling one thousand dollars or one billion dollars) is not being operated logically. The addition of the one hundredth stock simply can't reduce the potential variance in portfolio performance sufficiently to compensate for the negative effect its inclusion has on the overall portfolio expectation.
  • 5 years ago



    Tags : Warren Buffett Quotes , Expectations Quotes , Negative Quotes