Quotes about Verified principles

You cannot have a plan for success if you do not have a plan for failure - Tony Robbins
It means that a real, robust plan for achieving your goals must include a strategy for when things go wrong. Success isn't a straight line; it's a path littered with obstacles, and your plan needs to account for that.

Quotes about Verified principles

The purpose of the margin of safety is to make an estimate of the future unnecessary - Benjamin Graham
It means you build in such a large buffer of safety when you invest that you're insulated from being wrong. You don't have to predict the future perfectly because your downside is already protected.