We often think of our beliefs and mental models as reflections of reality — accurate maps of the world that help us navigate our lives. But what happens when the map is wrong? What happens when the map itself is the problem?
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I guess some might argue that reading would have the benefit of expanding my mind, but I already have so many creative and administrative projects I'm excited about that I can hardly keep up with my own ideas. That's my unapologetic justification for not reading.
Matt Spevack
We deceive ourselves if we imagine that we can ever be passive, impartial observers. Every perception, every scene, is shaped by us, whether we intend it or know it, or not. We are the directors of the film we are making — but we are its subjects too: every frame, every moment, is us, is ours.
Oliver Sacks
Risk means more things can happen than will happen. The practical definition of risk is not volatility or a standard deviation — it's the possibility of permanent loss of capital. Volatility is opportunity dressed in frightening clothes.
Howard Marks — The Most Important Thing: Uncommon Sense for the Thoughtful Investor