Michael Moritz Quotes

My errors will point to thinking men the various roads, and will teach them the great art of treading on the brink of the precipice without falling into it.

Everyone complains of his memory, but no one complains of his judgment.

We need to be able to make decisions even though part of the information that we have is incorrect and wrong.

People who lack the skill of discrimination tend to believe that everything is of relatively equal importance.

Prudence therefore consists in knowing how to distinguish degrees of disadvantage.

Wisdom consists in being able to distinguish among dangers and make a choice of the least harmful.

Opinion in good men is but knowledge in the making.

It is much easier to make the speeches than to finally make the judgments.

It is necessary to judge accurately the things that rest on opinion

Intelligence divorced from judgment produces nothing but foolishness.

If we want the best judgment of our intelligence personnel, we have to accept the fact that they will be wrong sometimes.

The best investments are the easiest ones to approve.

We need someone with superb judgement in their own right because, yes, a president can hire the best advisors on Earth, but I guarantee you this: Five advisors will give five different opinions. And it is the president - and the president alone - who always makes the final call.

The child has no way of knowing what's good information.

I think that survivorship bias, the survivorship bias is something I'm very acutely familiar with because of investing.

Judgment is not upon all occasions required, but discretion always is.

Some information is important, and some is not, and intelligence consists in knowing one from the other.

Throughout his remarkable business and government career, Robert Rubin, now 65, has both worked exhaustively at reaching well-founded conclusions and rejected the idea that anything - and he means anything - can be a 'provable certainty.'

We can all make better decisions when we're informed.

By reading, you learn through others' experiences, generally, a better way to do business, especially in our line of work where the consequences of incompetence are so final for young men.

All managers make decisions, and sometimes they are right, and sometimes people say they are wrong.

When you are young, you can do anything, everything, and nothing at the same time. You don't have that kind of judgment; you just eat... like teenagers that need to feed. After a while, you know exactly what you are looking for, that sense of analysis comes to you when you start to use your brain.

I try to be very smart and use wisdom about everything.

I don't make a decision till I see fit. That's why I'm so effective. My mind isn't predetermined.

There's got to be a point in time where the reality comes home and people realize, here are the facts, and this is either not true or it is true. You've got the facts, you can make your own decision now.