The larger the island of knowledge, the longer the shoreline of wonder….the more you learn, the more it expands the surface area of your ignorance.
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Knowledge Expands The Surface Area Of Ignorance
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When The Dust Has Settled
The one thing I am sure of is that by the time the knife has stopped falling, the dust has settled and the uncertainly has been resolved, there will be no great bargains left. When buying something has become comfortable again, its price will no longer be so low that it’s a great bargain. And the high volumes that accompany a sharp sell-off will also likely be over. Not only will prices be on the rebound, but buying a sizeable position will be much harder.
– Howard Marks
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The Difference Between A Good Business And A Bad Business
The difference between a good business and a bad business is that good businesses throw up one easy decision after another. The bad businesses throw up painful decisions time after time.
– Charlie Munger
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Doing What Matters
Whatever you do tonight and tomorrow and for the rest of your lives – do it like the world may lock down again.
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The Psychological Challenge of Handling Being Stuck
Yes, some people are brighter than others but I really believe that most people can really get to quite a good level in mathematics if they’re prepared to deal with these psychological issues of how to handle the situation of being stuck.
– Andrew Wiles, British mathematician
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Teachers and the Student’s Future
Teachers should prepare the student for the student’s future, not for the teacher’s past.
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Leaders Mold Consensus
Ultimately a genuine leader is not a searcher for consensus, but a molder of consensus.
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Environment and Self-Perception
A human being always acts and feels and performs in accordance with what he imagines to be true about himself and his environment.