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10 Inspirational Buddha Quotes

Many Buddha quotes that are handed down until today are both inspirational as well as reflecting deeper truth of reality. What can we learn, where can we be inspired from The Buddha for everyday life and our own development today?

 1. “All that we are is the result of what we have thought. The mind is everything. What we think we become.”

2. “All wrong-doing arises because of mind. If mind is transformed can wrong-doing remain?”
3. “Thousands of candles can be lit from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared.”

 4. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.”

5. “However many holy words you read, however many you speak, what good will they do you If you do not act on upon them?”
6. “Death is not to be feared by one who has lived wisely.”
7.”No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.”
8.”In the sky, there is no distinction of east and west; people create distinctions out of their own minds and then believe them to be true.”

 9. “If we could see the miracle of a single flower clearly, our whole life would change.”

10. “The only real failure in life is not to be true to the best one knows.”

Livermore: Follow The Leaders

“For a new age of markets has been ushered in – an age that offers safer opportunities for the reasonable, studious, competent investor and speculator.” – Livermore

In the third chapter of How To Trade in Stocks, Livermore discusses the importance of following the leading stocks in the leading groups. He argues that a speculator needs to be in tune with the general trend of the market and to only follow leading stocks from leading groups so that he is not overwhelmed with unnecessary data.

The Trend Is Your Friend

“It is not good to be too curious about all the reasons behind price movements. You risk the danger of clouding your mind with non-essentials. Just recognize that the movement is there and take advantage of it by steering your speculative ship along with the tide. Do not argue with the condition, and most of all, do not try to combat it.” – Livermore

 

If you don’t understand what Livermore is talking about here, you can find an example on your TV almost around the clock. If you tune in to one of the business news cable channels at just about any time, day or night, you will find journalists and so-called experts breaking down even the slightest details of the global economy or an individual stock.

Livermore argues that this obsession with analyzing the reason behind a price movement is completely unnecessary. He says that we should simply recognize that there is, in fact, a price movement and align our investments to profit from that movement. This is pretty much the definition of trend following.

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