What an investor needs is the ability to correctly evaluate selected businesses. Note that word “selected”: 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.
I like to work fast. I despise not having the right tool or, worse, knowing I have it but not being able to find it. It's a pointless delay that wrecks my pace - and mood.
The notion that somehow as a consequence of me knowing somebody who engaged in detestable acts 40 years ago, when I was 8 years old, somehow reflects on me and my values doesn't make much sense.
Thus it happens in matters of state; for knowing afar off (which it is only given a prudent man to do) the evils that are brewing, they are easily cured. But when, for want of such knowledge, they are allowed to grow so that everyone can recognize them, there is no longer any remedy to be found.
the truth of who we are is innate goodness, and the whole journey is really about removing any obstacle or false belief that keeps us from knowing that
If we were to lose our fish that we appreciate so much by overfishing; or if we were to lose some of our favorite beaches to overbuilding and pollution, then how would we feel? It's become a case of not knowing what you've got until it's gone.
I was trying to write then and I found the greatest difficulty, aside from knowing what you really felt, rather that what you were supposed to feel, and had been taught to feel, was to put down what really happened in action; what the actual things which produced the emotion that you experienced.
The physician himself, if sick, actually calls in another physician, knowing that he cannot reason correctly if required to judge his own condition while suffering.
Understanding human nature is the highest knowledge, and only by knowing it can we know God. It is also a fact that the knowledge of God is the highest knowledge, and only by knowing God can we understand human nature.