Failing doesn't have to mean not succeeding. It can be, 'Hey we tried that. We can go forward, smarter.'
The major credit I think Jim and I deserve is for selecting the right problem and sticking to it. It's true that by blundering about we stumbled on gold, but the fact remains that we were looking for gold.
In the real world, very smart people fail and mediocre people rise. Part of what makes people fail or succeed are skills that have nothing to do with IQ. Also, the idea that intelligence can be gauged by an IQ test is erroneous.
Anybody who is smart enough to be great, will be smart enough not to be President
I've already made my own mistakes in this game, even in the UFC. I'm just smart about how I make mistakes.
You can lose leverage, and it's the only way a smart guy can go broke.
We all make mistakes, but intelligence enables us to do it on purpose.
I brought one big question with me to Harvard. Why do smart companies fail?
Sometimes even a smart crowd will make a mistake.