Money and Finance
- Seth Klarman Quote
“It is important to remember that value investing is not a perfect science. Rather it is an art, and necessitates dealing with imperfect information. Knowing you will never know everything must not prevent you from acting. It requires a precarious balance...
- Richard Feynman Quote
“I can live with doubt, and uncertainty, and not knowing. I think it’s much more interesting to live not knowing than to have answers which might be wrong.” -Richard Feynman ...
- Richard Feynman: "how You Get To Know Is What I Want To Know."
From The Meaning of It All: Thoughts of a Citizen-Scientist: All scientific knowledge is uncertain. This experience with doubt and uncertainty is important. I believe that it is of very great value, and one that extends beyond the sciences. I believe...
- Elon Musk Quote
From his Reddit AMA: One bit of advice: it is important to view knowledge as sort of a semantic tree -- make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leaves/details or there is nothing for...
- John Mauldin: A Bubble In Complacency
Mauldin also has an interesting (and brief) discussion on the topic of GDP deflators in the letter. This week I had the privilege of being on the same panel with former Comptroller General David Walker and former Majority Leader (and presidential candidate)...
Money and Finance
Richard Feynman quote
“I can live with doubt and uncertainty and not knowing. I think it’s much more interesting to live not knowing than to have answers that might be wrong….I don’t feel frightened by not knowing things, by being lost in the mysterious universe without having any purpose.”
- Seth Klarman Quote
“It is important to remember that value investing is not a perfect science. Rather it is an art, and necessitates dealing with imperfect information. Knowing you will never know everything must not prevent you from acting. It requires a precarious balance...
- Richard Feynman Quote
“I can live with doubt, and uncertainty, and not knowing. I think it’s much more interesting to live not knowing than to have answers which might be wrong.” -Richard Feynman ...
- Richard Feynman: "how You Get To Know Is What I Want To Know."
From The Meaning of It All: Thoughts of a Citizen-Scientist: All scientific knowledge is uncertain. This experience with doubt and uncertainty is important. I believe that it is of very great value, and one that extends beyond the sciences. I believe...
- Elon Musk Quote
From his Reddit AMA: One bit of advice: it is important to view knowledge as sort of a semantic tree -- make sure you understand the fundamental principles, i.e. the trunk and big branches, before you get into the leaves/details or there is nothing for...
- John Mauldin: A Bubble In Complacency
Mauldin also has an interesting (and brief) discussion on the topic of GDP deflators in the letter. This week I had the privilege of being on the same panel with former Comptroller General David Walker and former Majority Leader (and presidential candidate)...