Weekend Thoughts: Diversification, Trading Discipline, Goals

Some interesting thoughts and quotes from this weekend on twitter:

"To be calm is the highest achievement of the self.” 

-- Zen Proverb

"Diversification is a hedge against a lack of knowledge."
-- Naval Ravikant

"If you are lonely when you're alone, you are in bad company."
-- Jean Paul Sartre

Trading related, this thought from Mark Minervini on discipline is very interesting:

"There's a very simple test to see if you are disciplined and actually have a strategy. After you make a trade, especially when at a loss, do you find yourself hoping?"

Paul Graham predicts that tech companies will keep on winning: 

"Prediction: Remote work will become so fashionable that even companies that don't get it will try to embrace it, leading to a bimodal distribution of outcomes. This bimodal distribution will be the same we've seen over and over already: tech cos will win."

Finally here's a link to Ray Dalio's piece on  How To Focus On A Goal.