Moi Jamri

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.

“Unity is often confused with sameness. We may think that if everyone thought and acted the same, we would have perfect harmony. But unity is a process, whereas sameness is just a state of being. The same musical notes played again and again would be monotonous or irritating, but many different notes, each played differently, create a beautiful... See more

Rather than focusing on having a brilliant day, why not consider what a crap day would look like and avoid that? It will likely be easier and will achieve similar results. Or, as Charles Munger pointed out: "It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very... See more

• Many people seem to attach less importance to lifetime careers and advancement.

So the biggest cause of bad ideas is the still life effect: you

come up with a random idea, plunge into it, and then at each point

(a day, a week, a month) feel you've put so much time into it that

this must be the idea.

Not everything has to be okay, all at once.

Some of the most creative people in the world generate ideas by allowing their brains to make connections between two totally different inputs