Failure is easy to handle because once you fail, the options are very simple... like, 'Try something different,' or, 'Maybe if you do the same thing, do it in a different way.'
You don’t have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.
The human mind cannot grasp the causes of phenomena in the aggregate. But the need to find these causes is inherent in man’s soul. And the human intellect, without investigating the multiplicity and complexity of the conditions of phenomena, any one of which taken separately may seem to be the cause, snatches at the first, the most intelligible approximation to a cause, and says: This is the cause!
Acquaint yourself with your own ignorance.
What's an expert? I read somewhere, that the more a man knows, the more he knows he doesn't know. So I suppose one definition of an expert would be someone who doesn't admit out loud that he knows enough about a subject to know he doesn't really know how much.
You don't have to have all the answers all the time. But the best thing to know is what you don't know.
Wisdom. . .is knowing what you have to accept.
It is a true proverb, that if you live with a lame man, you will learn to limp.
I'm not perfect. Remember that, and try to forgive me when I fail you.
To be happy with human beings, we should not ask them for what they cannot give.
Wise are you, indeed... to know what is not possible.
The beginning of an acquaintance whether with persons or things is to get a definite outline of our ignorance.
I believe that dreamers who simply imagine things that would be nice but are not possible don’t sufficiently appreciate the laws of the universe to understand the true implications of their desires, much less how to achieve them.
The limits of my language mark the limits of my world.
See John Stuart Mill {618823} for a related earlier quotation.
At least Romney and McCain, they respect the rule of law. At least Romney and McCain, they understand their limitations.
What's overwhelmingly clear is 'Havana' didn't work for people, but why it didn't work I don't feel I can put my finger on in a way I can learn from.
You can take Hollywood for granted like I did, or you can dismiss it with the contempt we reserve for what we don't understand. It can be understood too, but only dimly and in flashes. Not half a dozen men have ever been able to keep the whole equation of pictures in their heads.
What is getting older if it isn't learning more ways that you're vulnerable?
Do not imagine that what we have said of the insufficiency of our understanding and of its limited extent is an assertion founded only on the Bible: for philosophers likewise assert the same, and perfectly understand it,- without having regard to any religion or opinion.
The mere understanding, however useful and indispensable, is the meanest faculty in the human mind and the most to be distrusted.