Quotes About Strategy

Ah, yes. ''Errors of caution are more likely to be considered at leisure than errors of boldness – but less likely to be considered after a victory.'' In other words, if you are too careful, you are more likely to live, but less likely to win.

Previous journeys in search of treasure have taught me that a zigzag strategy is the best way to get ahead.

Raoul: Age and treachery! Neal: Youth and skill!

It's always better to attack than to defend, Coram had told her when they talked about fencing late at night. Always. Ye don't win with defense--ye only hold the other feller off, or wear him down. Attack and have done with it!

If you have to hit--hit low.

The god inside the man glanced at Aly. This is your chessboard, I believe, my dear. Aly beamed at him. So it is. And the game begins.

She preferred to avoid battles with them now so she would have authority with them later if she needed to use it. They never say it's one thing to be given command by your superiors and another to be given it by the men under you, she thought as she and Neal rode back to Haven.

Commanders have an eye not just for what they do, but for what those around them do. Commanders size up people's strengths and weaknesses. They know where someone will shine and where they will collapse. Other warriors will obey a true commander because they can tell that the commander knows what he- or she- is doing.

Mevary's obvious attempt to catch him flabbily and disadvantageously in the nude had failed.

Sometimes we win with greater firepower, through sheer numbers or more powerful weapons, but for the most part it's knowledge that defines our victories.

Does the military even have a position between going all out and casualty? Dr. Sloan wondered-her thoughts apparently having been following the same paths. Yes, ma'am. We in the Corps refer to that position as being in the Navy.

The shortest route to top quartile performance is to be in the bottom quartile of expenses. —Jack Bogle

Index investing is an investment strategy that Walter Mitty would love. It takes very little investment knowledge, no skill, practically no time or effort-and outperforms about 80 percent of all investors. It allows you to spend your time working, playing, or doing anything else while your nest egg compounds on autopilot. It's about as difficult as breathing and about as time consuming as going to a fast-food restaurant once a year.

Here is the crux of the strategy: Instead of hiring an expert, or spending a lot of time trying to decide which stocks or actively managed funds are likely to be top performers, just invest in index funds and forget about it!

There is a crucially important difference about playing the game of investing compared to virtually any other activity. Most of us have no chance of being as good as the average in any pursuit where others practice and hone skills for many, many hours. But we can be as good as the average investor in the stock market with no practice at all. Jeremy Siegel, Professor of Finance, Wharton School, University of Pennsylvania, and author of Stocks for the Long Run

The rule is simple: Place your most tax-inefficient funds into your tax-deferred accounts, then put what's left into your taxable account.

Let's assume a child is born today. For the next 65 years, she or her parents will deposit a certain amount into a stock mutual fund that pays an average annual return of 10 percent. How much do you think they need to deposit each day in order for her to have $1 million at age 65? Five dollars? Ten Dollars? In fact, a daily deposit of only 54 cents compounds to more than $1 million in 65 years. It really helps to start early.

Obviously, at a minimum, you have to check your portfolio as frequently as you've decided to rebalance.

Don't look for the needle. Buy the haystack.

He told me the single most important thing for a hitter was "to get a good ball to hit.

I am running away but I prefer to call it a strategic retreat.

Despite suggestions to the contrary (including by Secretary of State Mike Pompeo), there was no Trump doctrine; Trump's version of "America first" prompted one analyst to define the administration's strategy as "primacy without a purpose." 2 As with other aspects of his foreign policy, Trump used a bully pulpit to declare America's predominance in a region from which he otherwise wanted to withdraw.

I once heard that Lord Martin can recall the exact details of every race he's ever been in and all the mistakes the other skippers made, and he doesn't require a chart or tide table when he's at the wheel. He keeps everything stored in his head like a scientific tactician.

Life is a game; you just have to make sure you're in control.