As you’ve noticed, I’m fond of quotes. In fact, featured prominently in the document where I record the data I collect during my daily macro grind are no fewer than 30 that I like to peruse before digging in. 

Just for your amusement, below are a few of the more, well, amusing ones.


Indeed, deciphering markets is at times akin to venturing down the rabbit hole. Lewis Carroll reminds me of what it can be like down there, and, therefore, to remain humble:

On digging into the data:

“The time has come,” the walrus said, “to talk of many things: Of shoes and ships – and sealing wax – of cabbages and kings”

On understanding traders and human nature: 

“No, no! The adventures first, explanations take such a dreadful time.”

On times when stock prices stray from underlying conditions: 

“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?”

On buying just because something looks cheap: 

“If you drink much from a bottle marked ‘poison’ it is certain to disagree with you sooner or later.”

On being patient, calculating and thoughtful: 

“The hurrier I go, the behinder I get.”

On respecting the unknown to come: 

“It’s a poor sort of memory that only works backwards.”

On the one quality all great investors share: 

“Curiouser and curiouser!”

On what it’s truly all about: 

“One of the deep secrets of life is that all that is really worth the doing is what we do for others.”

― Lewis Carroll, Alice in Wonderland