You then have to ask yourself, well, what am I going to do about it? And if I don't do anything, then what does that say about me? What does that say about who I am and my character? If I know these things are wrong, I know people are being killed and I do nothing.
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The single greatest edge an investor can have is a long-term orientation. Most of the competition is focused on the next quarter; if you can honestly say you don't care about the next three years, you've already eliminated most of your rivals before the game begins.
Seth Klarman — Baupost Group Annual Letter
The penalty that good men pay for not being interested in politics is to be governed by men worse than themselves.
Plato — The Republic
The difference between a good investor and a great one isn't the ability to find more opportunities — it's the discipline to do nothing when there are none worth taking. Most of the money in investing is made by sitting, not by acting.
Howard Marks — The Most Important Thing Illuminated