Saturday, May 03, 2008

Quote of the Day: "If the stock is up 30% this month, please don't feel you are 30% smarter."

I'll tell people that if the stock is up 30% this month, please don't feel you are 30% smarter. Because when the stock is down 30% a month from now, it's not going to feel that good to feel 30% dumber.

--Jeff Bezos, CEO Amazon

True dat. Focus on what matters. While money is how we keep score, making boatloads of money doesn't necessarily mean you're a winner, and missing out on the big score doesn't necessarily mean you're a loser (just poor).

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