I have always admired Cicero—not just for his stature in historical writings, but also because of my favorite investor, Charlie Munger, and his deep interest in Cicero. Munger often referred to Cicero as one of the most important minds we can all learn from. In his book, which I also happen to have Charlie Munger’s signature (one of my greatest possessions), he goes into great detail about Cicero.
So, as we enter the final trading month of the year (December) and with Thanksgiving approaching, I thought it fitting to share some of Cicero’s timeless wisdom. These quotes are especially poignant for investors and thinkers across the globe. Enjoy:
Certainly! Here’s a list of Cicero quotes formatted cleanly for your blog:
1. On Patience
“In nothing do men more nearly approach the gods than in giving health to men.”
“In nulla re homines propius ad deos accedunt quam salutem hominibus dando.”
2. On Mistakes
“What is badly begun takes time to be undone.”
“Male parta male dilabuntur.”
3. On Risk Management
“Prudence is the knowledge of things to be sought, and those to be shunned.”
“Prudentia est rerum appetendarum et fugiendarum scientia.”
4. On Market Cycles
“Time obliterates the fictions of opinion and confirms the decisions of nature.”
“Tempus opinionum commenta delet, naturae iudicia confirmat.”
5. On Rational Thinking
“Let reason govern desire.”
“Ratio imperet cupiditati.”
6. On Decision-Making
“To stumble twice against the same stone is a disgrace.”
“Bis peccare in eo saxo indignum sapientis est.”
7. On Wealth
“Wealth consists not in great possessions, but in few wants.”
“Non est divitiae bonis artibus adipisci, sed paucis egere.”
8. On Perseverance
“Endure, and keep yourselves for days of happiness.”
“Sustine et abstine, dies felices venient.”
9. On Diversification
“It is foolish to lay out money before knowing how it will return.”
“Stultum est pecuniam ante sapere quam rationem reddendi.”
10. On Opportunity
“Luck is what happens when preparation meets opportunity.”
“Fortuna est quae fit cum praeparatio occasionem obviat.”
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