I've always thought of myself as a learning machine. The moment I think I know everything or I've seen everything or I've experienced everything, I become a worse investor. The best investors I know are voraciously curious and are always trying to update their models and their thinking.
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Most people overestimate what they can do in one year and underestimate what they can do in ten years. But the deeper error is that they plan in one-year chunks at all — the unit of compounding is decades, not quarters.
Jeff Bezos — Amazon Shareholder Letter
You've probably been told that better choices come from more data or sharper reasoning, but neuroscience shows us that our choices are fundamentally emotional. Our feelings are the underlying 'context-setters' on which our rational brain acts. When we avoid certain emotional states, our solution set becomes constrained in ways we may not even be aware of.
Joe Hudson
The obscure we see eventually. The completely obvious, it seems, takes longer.
Edward R. Murrow — Address to the Radio-Television News Directors Association