"Exit, pursued by a bear." - Shakespeare, The Winter's Tale

David is having some “Foolish” fun with this quote. It's quite timely, given the current market.

It's easy to look back at history and see when you should have bought or sold. Since we can't predict what the market will do, it's best to stay invested through a bear market.

“Almost every bear 🐻 you see, you should stay on stage.” -DG

"Finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear." - Phil Fisher

A reminder that outstanding companies held for long periods produce excellent returns.

"I see all the imperfections in Netflix. I see all the things that aren't working. At the office, I'm the one that says, 'We suck. Don't get me wrong. We're better than everyone else, but we suck compared to what we are going to be.' Of course, in general, I'm constraining myself from saying these things because they are too easy to take out of context. But as an entrepreneur, that's how you have to look at your product. Compare yourself to what you want to be, what you will be, in five years, and that should be so much better than what you have today." - Reed Hastings

Hastings knows what he wants Netflix to become. He sees every imperfection and is always looking for ways to improve. He is guided by a restlessness and a desire to turn Netflix into the vision he has for the company.

"What determines the level of satisfaction in post-middle-aged men is the degree to which they acted upon their youthful dreams." - Warren Bennis

I’m most cases, It isn't achieving the dream but the honest pursuit of the dream that produces satisfaction. It’s an excellent reminder to think about the things that drive us and that it’s never too late to pursue a dream.

"Young man," laughed the farmer, "you must be a fool! You'll never catch fish In McElligot's Pool." - Dr. Suess

This is a classic quote for “Foolish” investors. There are several who say you can’t beat the market by picking individual stocks.

“The most satisfying wins that we’re going to have in life often happen when other people thought we couldn’t do it.” -DG

Reference: Great Quotes, Vol. 9: Pursued by the Bear