A Quote by Lawrence Summers
Most investors want to do today what they should have done yesterday.
Related Quotes
I don’t bring yesterday’s poses to today’s practice. I know yesterday’s poses, but when I practice today I become a beginner. I don’t want yesterday’s experience. I want to see what new understanding may come in addition to what I felt up to now.
To live is to be someone else. Feeling is impossible if we feel today as we felt yesterday: to feel today the same thing we felt yesterday is not to feel at all--it's merely to remember today what we felt yesterday, since today we are the living cadaver of yesterday's lost life.
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
Most people put off till tomorrow that which they should have done yesterday.
Unless an investor has access to “incredibly high-qualified professionals,” they “should be 100 percent passive - that includes almost all individual investors and most institutional investors.
To feel today what one felt yesterday isn't to feel - it's to remember today what was felt yesterday, to be today's living corpse of what yesterday was lived and lost.
If what you have done yesterday still looks big to you. You haven't done much today.
If what you have done yesterday still looks big to you, you haven't done much today.
Investors should always keep in mind that the most important metric is not the returns achieved but the returns weighed against the risks incurred. Ultimately, nothing should be more important to investors than the ability to sleep soundly at night.
Yesterday's truth is today's bullshit. Even yesterday's liberating insight is today's jail of stale explanation.
Some investors may grumble about entrepreneurs wanting 'unicorn valuations.' But let's be honest: most investors want them, too, and are supporting the massive capitalization of these companies.
In order that the revolution should be something more than a word, in order that the reaction should not lead us back tomorrow to the situation of yesterday, the conquest of today must be worth the trouble of defending; the poor of yesterday must be worth the trouble of defending; the poor of yesterday must not be poor tomorrow.
In today's world, when many of yesterday's fashionable habits are today's misdemeanors, we should rejoice that a chocolate dessert can bring so much innocent pleasure.
For years I kept a sign on my desk that helped me maintain the right perspective concerning yesterday. It simply said, 'yesterday ended last night.' It reminded me that no matter how badly I might have failed in the past, it's done, and today is a new day.
People create success in their lives by focusing on today. It may sound trite, but today is the only time you have. It's too late for yesterday. And you can't depend on tomorrow. That's why today matters. Most of the time we miss that.
I know I'm tired of thinking about what I should have done yesterday. I know I'm just tired. If I knew what to do with my life, how to fix it up, I would have done it a long time ago. You can't dig that? You think I want to live like I'm somebody's throwaway?
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