The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Peter LynchRead
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The basic story remains simple and never-ending. Stocks aren't lottery tickets. There's a company attached to every share.
Some of my relatives held on to imagined memories the way homeless people hold onto lottery tickets. Nostalgia was their crack cocaine, if you will, and my childhood was littered with the consequences of their addiction : unserviceable debts, squabbles over inheritances, the odd alcoholic or suicide.
Although it's easy to forget sometimes, a share is not a lottery ticket... it's part-ownership of a business.
A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.
The world is filled with unfortunate souls who didn't hear opportunity knock at the door, because they were down at the convenience stor buying lottery tickets.
There is so much about my fate that I cannot control, but other things do fall under my jurisdiction. There are certain lottery tickets I can buy, thereby increasing my odds of finding contentment. I can decide how I spend my time, whom I interact with, whom I share my body and life and money and energy with.
Reading, conversation, environment, culture, heroes, mentors, nature – all are lottery tickets for creativity. Scratch away at them and you’ll find out how big a prize you’ve won.
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