Danny Rooben @DannyRooben
Hot Sauce and hair highlights enthusiast Manhattan, NY Joined December 2018-
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Learn to be comfortable with uncertainty. It actually frees you up. The real pressure comes from believing you can control it. You can’t and trying is futile and ultimately makes you more rigid and more likely to make bigger mistakes. The best investors accept this. They size…
Trying to conquer uncertainty in a stock or market usually backfires. It creates shame when you are wrong and self-blame for not knowing enough. I have seen too many people beat themselves up over things they could never have known. If you make that your IP, you hold yourself to…
"Unless you buy a stock at the exact bottom (which is next to impossible), you will be down at some point after you make every investment. Your success entirely depends on how dispassionate you are towards short-term stock price fluctuations. Behavior matters." — Joel Greenblatt
You either fail through action or inaction. You do the one you’re least afraid of.
if you’re a dude & you do not take risks in your life, you will be a nobody.
The fastest way to get what you want is give up everything that doesn’t matter.
"Tell me who your heroes are and I'll tell you how you’ll turn out to be." — Warren Buffett
Here’s the truth about decision-making: It’s not about finding the perfect choice, it’s about making the best choice you can, given the information you have. No one has a crystal ball. And waiting for certainty will keep you stuck. The best decision-makers are the ones who…
Warren Buffett: "Stocks have this enormous inherent advantage of people yelling out prices all the time to you — and many people turn that into a disadvantage." "The only thing you have to do is remember that [the stock market] is there to serve you and not to instruct you."
Steve Jobs on the power of asking for help
Just because you lost money on an investment doesn't mean you were wrong for making it. Sometimes you are dealt a great hand and you still lose. Often times there is nothing to learn. The lesson is to stand up, shake it off, sit back down and wait for your hand. Don't hesitate.
“When stocks are attractive, you buy them. Sure, they can go lower. I've bought stocks at $12 that went to $2, but then they later went to $30. You just don't know when you can find the bottom.” — Peter Lynch
Charlie Munger: "Everybody has some bad [mistakes]. The greatest tennis player goes out there some days to center court and has a bad day. It happens." "Do not live your life in such a fashion that a bad day can kill you."
Funny thing about the strongest person you know is that they feel the same fear, doubt, and insecurity you do—they’ve just learned to act despite it.

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