Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid.
A lot of great fortunes in the world have been made by owning a single wonderful business. If you understand the business, you don't need to own very many of them.
Never carry things on from the past. The past is gone. Every moment be rid of it, solved or unsolved. Drop it - and don't carry parts because those parts won't allow you to solve new problems that live in this moment. Live in this moment as totally as possible, and suddenly you will come to realized, that if you live it totally, it is solved. There is no need to solve it. Life is not a problem to be solved, it's a mystery to be lived.
We love kitties, gawd bless their little whiskers, and we don't give a damn whether they or we are superior or inferior! They're confounded pretty, and that's all we know and all we need to know!
It is a mystery that is hidden from me by reason that the emergency requiring the fathoming of it hath not in my life-days occurred, and so, not having no need to know this thing, I abide barren of the knowledge.