Reminders for myself
Astronaut Scott Kelly on intelligence:
“The smartest person in the room, I’ve learned, is usually the person who knows how to tap into the intelligence of every person in the room.”
The way to win [in the markets] is to work, work, work, work and hope to have a few insights. How many insights do you need? Well, I'd argue: that you don't need many in a lifetime. If you look at Berkshire Hathaway and all of its accumulated billions, the top ten insights account for most of it.
Charlie Munger • A Lesson On Elementary, Worldly Wisdom As It Relates To Investment Management & Business – Charles Munger, USC Business School, 1994
