I'm a huge believer in low self-esteem. You know, it's the key to success. If you don't think you're the smartest person in the room, you just shut up and you pay attention.
I realize sometimes I'm the elder and sometimes I'm the youngest person in the room and sometimes I'm right in the middle. And I realize we're all on this journey together and we're all doing the best we can. And I'm really okay with what I don't know. And I think I've only gotten this far because I've been able to admit what I don't know.
I think we're more custodians of the culture, right? We're here to facilitate conversation about the things that we enjoy. We're here to make connections between um cultural objects or cultural productions. Um we're not here to tell you what to do. We're here to sort of like push you to think, which seems to be an unpopular thing these days.
If the history books you're reading are fun and reassuring, you're not reading history, you're reading propaganda. The books you should pick up should open your world view. Should get you to see things that you didn't see before.
I think the most important lesson I've learned is that the ability to change your mind is probably one of the most important traits an investor can have. People confuse consistency and stubbornness, and they also are worried about how they look if they change their views.
I think the most dangerous thing is to think that you've mastered the markets. The markets are going to teach you a lesson just when you get most confident. And so the most important thing is to maintain a kind of intellectual humility and a curiosity and to never stop learning.
I want to say I've written more books than I've read in the last 5 years. That that that would um reveal me for the pseudointellectual douchebag I actually am.
7mo ago
Underscored — save the words that stop you in your tracks.