Meet with PWL Capital: https://pages.pwlcapital.com/en-ca/contact-us?utm_source=content&utm_medium=youtube&utm_campaign=rationalreminder_yt Avoid Online Scams: https://pwlcapital.com/stay-safe-online/ In this episode of the Rational Reminder Podcast, Ben Felix and Dan Bortolotti celebrate the show’s 7th anniversary with a conversation centered around timeless investing wisdom. Drawing from a vibrant thread in the Rational Reminder community, they unpack dozens of quotes that distill decades of financial insight into actionable mantras. What begins as a curated list of one-liners quickly evolves into a masterclass on the behavioral and practical realities of long-term investing. From “pay yourself first” to “diversification is the only free lunch,” Ben and Dan explore how psychological resilience, humility, and clear planning matter more than predictive genius. The quotes spark deep discussions on topics ranging from portfolio construction and risk perception to fees, fear, and investor behavior—each one contextualized with real-world examples. Timestamps: 0:00:00 Intro 0:09:36 Main Topic: The Most Important Quotes in Investing 0:12:31 "Pay yourself first." - George Clason 0:18:50 "The four most expensive words in the English language are 'This time is different'. " - John Templeton 0:22:40 "The most important thing about an investment philosophy is that you have one that you can stick with." - David Booth 0:28:46 "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes" - Warren Buffet 0:30:34 "The global market portfolio is a good place for you to start." - Bill Sharpe 0:31:45 "You have to talk yourself out of the market portfolio." - Eugene Fama 0:35:33 "Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost by corrections themselves." - Peter Lynch 0:37:47 "Fear has a greater grasp on human action than does the impressive weight of historical evidence." - Jeremy Siegel 0:44:48 "Risk is not having the money you need when you need it." - Charles Ellis 0:47:08 "Volatility is the price of admission for higher expected returns." - Morgan Housel 0:47:48 "Normal yearly returns are extreme." - Kenneth Fischer 0:52:26 "Risk is what's left over after you think you've thought of everything." - Carl Richards 0:53:23 "Risk means more things can happen than will happen." - Elroy Dimson 0:55:16 "As Fama put it, 'Life always has a fat tail.' " - Roger Lowenstein 0:57:00 "When having dinner with lions, make sure you're at the table, not on the menu." - John Cochrane 0:59:06 "The grim irony of investing is that we investors as a group not only don't get what we pay for, we get precisely what we don't pay for." - John Bogle 1:04:13 "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." - Mark Twain 1:05:45 "Diversification is the only free lunch in investing." - Harry Markowitz 1:08:20 "Don't look for the needle in the haystack. Just buy the haystack!" - John Bogle 1:12:15 Aftershow Links From Today’s Episode: Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/ Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://x.com/RationalRemind Rational Reminder on TikTok — www.tiktok.com/@rationalreminder Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Dan Bortolotti — https://pwlcapital.com/our-team/ Dan Bortolotti on LinkedIn — https://ca.linkedin.com/in/dan-bortolotti-8a482310