— From Invest Like a Guru – How to Generate Higher Returns at Reduced Risk with Value Investing P.81
— From Invest Like a Guru – How to Generate Higher Returns at Reduced Risk with Value Investing P. 39
… he projected his first slide, the key to a successful marriage, which showed just one phrase:
‘Love each other, forever.’
Participants started to shake their heads and said the sentiment was hard to put in practice. Then the marriage counselor put up his second slide, which said:
‘If you cannot do that, now you need to follow these four rules: (1) Compromise, tolerate, and forgive. (2) Make it a habit to compromise, tolerate, and forgive. (3) Pretend to be a fool. (4) Make that a habit, too.’
The participants grew more vocal, saying the four rules are impossible to follow. Waiting until they quieted down, the counselor put up his third slide, which said:
‘If you cannot follow these four rules, now you need to do these 16 things right: (1) Don’t lose your tempers at the same time. (2) Don’t yell unless it is an emergency. (3) When getting into an argument, let your spouse win. (4) Don’t let an argument last overnight. (5) Always be ready to apologize …’
After reading these, some laughed and some sighed. The counselor then showed his fourth slide, which said:
‘If you still cannot follow 16 rules, now you need to do these 256 things right…’
Men have a much better time of it than women. For one thing, they marry later; for another thing, they die earlier.”
— Johnny Cash in one of his last interviews
we have a bewildering array of problems that emerge when we try to get close to others. We seem normal only to those who don’t know us very well. In a wiser, more self-aware society than our own, a standard question on any early dinner date would be: “And how are you crazy?”
The More You Give Love Away, the More You Get”
I’d like to end with my absolute favorite Buffett quote. His late wife, Susan, was a famously kind and loving person, and he has often said that marrying her was the most important decision he ever made. When Susan had cancer, he visited her in a hospital in San Francisco, then flew to Georgia to speak with a class of college students. According to Alice Schroeder’s book, The Snowball, the students asked him about his greatest success and his greatest failure.
Mr. Buffett replied: “When you get to my age, you’ll really measure your success in life by how many of the people you want to have love you actually do love you. I know people who have a lot of money, and they get testimonial dinners and they get hospital wings named after them. But the truth is that nobody in the world loves them. If you get to my age in life and nobody thinks well of you, I don’t care how big your bank account is, your life is a disaster.
“That’s the ultimate test of how you have lived your life. The trouble with love is that you can’t buy it. You can buy sex. You can buy testimonial dinners. You can buy pamphlets that say how wonderful you are. But the only way to get love is to be lovable. It’s very irritating if you have a lot of money. You’d like to think you could write a check: I’ll buy a million dollars’ worth of love. But it doesn’t work that way. The more you give love away, the more you get.”
Chasing Daylight – how my forthcoming death transformed my life P. 46
A week before, I was living my life. Now I was contemplating my death.
Together, over the years, we had chased the daylight. And now, as a team, we were going to chase it one last time, only when the daylight faded this time, it would fade not just on one beautiful day among many, but on our beautiful life together. Shadows would lengthen for the last time. At some point, she would have to finish her round without me.”
Viktor E. Frankl in Man’s Search for Meaning p. 50
My mind still clung to the image of my wife. A thought crossed my mind: I didn’t even know if she were still alive. I knew only one thing — which I have learned well by now: Love goes very far beyond the physical presence of the beloved. It finds its deepest meaning in his spiritual being, his inner self. Whether or not he is actually present, whether or not he is still alive at all, ceases somehow to be of importance.
I did not know whether my wife was alive, and I had no means of finding out …; but at the moment it ceased to matter. There was no need for me to know; nothing could touch the strength of my love, my thoughts, and the image of my beloved. Had I known then that my wife was dead, I think I would still have given myself, undisturbed by that knowledge, to the contemplation of her image, and that my mental conversation with her would have been just as vivid and just as satisfying. ‘Set me like a seal upon thy heart, love is as strong as death.’”
A long time ago, I (Porter) was at a family wedding with my father. Wanting to get to the bar and the buffet as soon as possible, I said something under my breath at the end of the ceremony like, “Whew! Glad they’re finally married. Let’s get a drink.”
My dad said, “Their marriage hasn’t even begun…” Then, as we were walking out, he explained, “Porter, a marriage isn’t the deal you make when you meet each other. And it’s not exactly what you promise at church. A marriage is the agreement you make in the silences in between your promises and arguments. It’s the real compromises. It’s the things you know the other person will do every time, not the things they promise they will do.” “
Stansberry Digest March 4, 2016
– How I found freedom in an unfree world p. 14
In everything you do, with the knowledge and insight at your disposal, you choose what you think will give you the most well-being and the least mental discomfort. The objective is what is usually called happiness — the feeling of well- being.
Happiness isn’t a new car, fame, a good marriage, wealth, or a warm blanket. Those are things. Happiness is what you feel inside of you as a result of the things that happen to you.”