Investing

Occam's Razor says that the simplest explanation is often the best one—that simple is beautiful.

Regularly question your certainty.

"It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." - Mark Twain

But alongside the conviction required to be misunderstood, the greats seem to balance an interesting tension:

Certainty is often more dangerous than uncertainty.

The most dangerous ideas are the ones

Famous investor Bill Miller put it best when asked what worries him about the market:

“The answer is nothing, because everyone else in the market seems to spend an inordinate amount of time worrying. And so all of the relevant worries seem to be covered. My worries won’t have any impact except to distract from something much more useful, which is

"When accessing all information is common, paying attention to important information is rare."

"Earning more money increases freedom.

Spending less than you earn reduces stress."