Quote of the day by Sam Zell: "Discipline comes from the marketplace, from fear of loss and the consequences that come from overindulgence"

Legendary investor Sam Zell emphasized that true discipline in investing and business stems from the marketplace's lessons, particularly the fear of loss and the consequences of overindulgence. Markets, through risks and setbacks, teach valuable lessons about patience, preparation, and rational decision-making, protecting long-term wealth from unchecked enthusiasm and emotional choices.