11-3a Explanation of equity market requires knowing about other parts of market. Explanation of market in general requires knowing about non-market bits.
2-1d ‘Ecosystem’ & ‘Thermodynamics’ & ‘Double-entry bookkeeping’ - Everything is connected, there is no free lunch
3-1a4b2a A great business at a fair price is superior to a fair business at a great price
3-1a4b3 Thomas Sowell - ‘Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.‘