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“We need to believe we live in a predictable, controllable world, so we turn to authoritative-sounding people who promise to satisfy that need.” Philip Tetlock

“I did not intend to get rich. I just wanted to get independent.” Charlie Munger

“I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage.” John Stuart Mill

“Risk is what’s left over when you think you’ve thought of everything.” Carl Richards

“When we pay special attention to a role model’s successes we overlook that their gains came from a small percent of their actions. That makes our own failures, losses, and setbacks feel like we’re doing something wrong. But it’s possible we are wrong, or just sort of right, just as often as the masters are. … Continue reading QOTD →

“Like our stomachs, our minds are hurt more often by overeating than by hunger.” –Petrarch

True success is exiting some rat race to modulate one’s activities for peace of mind.” Nassim Taleb

“The first rule of compounding is to never interrupt it unnecessarily.” Charlie Munger

“The more the Internet exposes people to new points of view, the angrier people get that different views exist.” Benedict Evans

“For reasons I have never understood, people like to hear that the world is going to hell.” —Deirdre McCloskey