A Quote by Mario Gabelli
Always keep your portfolio and your risk at your own individual comfortable sleeping point.
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In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program. You specify the way you want your portfolio to look, and then you assemble the profile piece by piece by bringing together companies that make their own individual contributions to the desired character.
If you're playing within your capability, what's the point? If you're not pushing your own technique to its own limits with the risk that it might just crumble at any moment, then you're not really doing your job.
J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment rewards can only be achieved at the cost of substantial risk-taking. So what is your sleeping point? Finding the answer to this question is one of the most important investment steps you must take.
In standup, it's just you. You're your own writer, your own critic, your own director, and it's never the same. You really don't always have it down. Your continue to learn, you continue to risk, and I really love it.
You have to invest something [in your work]. If you don't risk something that really matters to you - like your integrity, or your pride, or your time, or your security, or your reputation - if you don't risk yourself, you can hear it right away.
Growing up, getting older, your age - you get to the point where you're comfortable in your own skin, you know who you are.
The key to your happiness is to own your slippers, own who you are, own how you look, own your family, own the talents you have, and own the ones you don't. If you keep saying your slippers aren't yours, then you'll die searching, you'll die bitter, always feeling you were promised more. Not only our actions, but also our omissions, become our destiny.
All the great masters in the world have been saying only one thing down the centuries, "Have your own mind and have your own individuality. Don't be a part of the crowd; don't be a wheel in the whole mechanism of a vast society. Be individual, on your own. Live life with your own eyes; listen to music with your own ears." But we are not doing anything with our own ears, with our own eyes, with our own minds; everything is being taught, and we are following it.
The risk of working with people you don't respect; the risk of working for a company whose values are incosistent with your own; the risk of compromising what's important; the risk of doing something that fails to express-or even contradicts--who you are. And then there is the most dangerous risk of all--the risk of spending your life not doing what you want on the bet that you can buy yourself the freedom to do it later.
You are an individual, and you came here on your own as a child, and you will die on your own. The fact that you may live in a community or with your family does not change the solitude of your spiritual journey. By cluttering your life with many things, you soon lose sight of who you are and what you came for.
You always have to keep up with the trends. The biggest thing is making your own trend and making your own stamp in the fashion industry. Whatever is going to be your style, make that your style and go from there.
For me the breakthrough was the realization that I wasn't the center of the universe or even the centre of my own world. That you and your work, your living, are not the only reason you're here. Your role is to shepherd your children through to adulthood. That's the point of life. Your own little sessions and needs and passions are just there to flavour you and help you do that job for your children.
So I think the Guru can be a delusion. But everything can be deluding. The thing central about the Guru in the West is that he represents an alien principle of the spirit, namely, that you don't follow your own path; you follow a given path. And that's totaly contrary to the Western Spirit! Our spirituality is of the individual quest, individual realization- authenticity in your life out of your own center. So you must take the message of the East, assimilate it to your own dimension and to your own thrust of life, and not get pulled off track.
Have no regrets. Every relationship leads you to where you're meant to be. Learn to be comfortable with being alone. Learn to be comfortable with saying no to people; we put everybody else before ourselves. Read great literature; don't get all your information from TV. Define your moral code - nobody else is going to give you that. Find it yourself. Keep asking questions, keep challenging. You don't have to conform. Rebellion creates character. And, as my mother always said to me, "Don't let anyone break your spirit!"
You can't keep your mind on fighting when you're thinking about a woman. You can't keep your concentration. You feel like sleeping all the time.
The individual has totally different interests from the society, because the society has no soul. The society is soulless. And if you become too much a part of the society, it will reduce your soul also to a non-entity. Beware, before you have lost your whole opportunity. Don't be a slave. Follow society to the point you feel is needed, but always remain master of your own destiny.
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