"If somebody has the mindset of 'when stocks go up, I get excited and want to get in' [or] 'when they go down, I want to get out' — that behavior penalty will swamp any other choices they make." -- Chris Davis
Temperament > Intelligence.
Character matters.
Tell the truth. Be accountable. Keep your word. Don't complain. Don't blame. Do more than is asked. Don't punch down. Keep a secret. Respect the rules. Be kind.
Everything, literally everything, is downstream of that.
Love this story. I have known and worked with so many families in this vast cohort of the anonymously affluent. Super smart, common-sense people who have quietly built impressive businesses that go broadly unnoticed outside their communities.
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