Share post

Essentia’s 12 Quotes of Christmas

What better way to kick-off the holiday season than 12 pieces of timeless wisdom for your investment decision-making in 2020 and beyond.

These 12 quotes – old and new – come from a range of different disciplines but can all be applied to the kind of reflection and process improvement that are so important to active investment management today.


“In life our first job is this, to divide and distinguish things into two categories: externals I cannot control, but the choices I make with regard to them I do control. Where will I find good and bad? In me, in my choices.”

– Epictetus (55–135 AD); Greek stoic philosopher

“If you’re a good active investor, you will always value the process over the outcome.”

– Jim O’Shaughnessy; Founder & Co-CIO OSAM, author of What Works on Wall Street

James O'Shaughnessy
Viktor Emil Frankl

“Between stimulus and response there is a space. In that space is our power to choose our response. In our response lies our growth and our freedom.”

– Viktor E. Frankl (1905–1997); neurologist and psychiatrist 

“The secret is to make peace with walking around in a world where we recognize that we are not sure and that’s okay. As we learn more abo