spartansaver

As Churchill said, 'you shape your houses, and then they shape you'. The recent interview with Guy Spier where he describes his system to be patient is a great example of that. If you know yourself to be impatient, you can create an environment where it's easier to be patient (ie. a room with no electronic devices, don't look at stock prices during the day and only submit orders when markets are closed, move to a calmer city, etc). That is an interesting concept. I read about research done on the link between success and self control. It turns out that more succesful people make sure that they put themselves in a enviroment where self control is easier. They do not necessairily have more self control. Basicly, if you want to lose weight, do not buy cookies and do not go to the supermarket if you are hungry. And do not live across a really good bakery. Makes sense. We dont keep ice cream in the house because a certain someone is known to eat a litre a day - it isn't my wife or kids! Bringing up an old thread, but I remember Spier talking about limiting the number of times looking at stock quotes and for me it has made all the difference. I have constantly in the past looked up stock quotes multiple times a day and in the last two months have gone to limiting myself to only once on Friday. The convergence of the market's idea of value versus my own have been dramatically reduced by this simple mind constraint. If you look at something enough times you will start to believe it's true and I think this is such a simple concept that has for me had a powerful effect.

Awesome, thank you very much

[amazonsearch]The Small Cap Advantage[/amazonsearch] Just wondering if anyone has read it. Trying to justify the 30$ for the Kindle version. Got good reviews on Amazon, but not many.

Looked at this one a few months ago. Another problem other than the lawsuit was the replacement business being highly concentrated on one customer that is only renewing in short term contracts. Top of page 5 of earnings call transcript. http://seekingalpha.com/article/2404505-appliance-recycling-centers-of-americas-arci-ceo-edward-cameron-on-q2-2014-results-earnings-call-transcript?page=5&p=qanda&l=last