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Book cover for Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life
I’ve come to think of the best investors as an idiosyncratic breed of practical philosophers. They aren’t trying to solve those abstruse puzzles that mesmerize many real philosophers, such as “Does this chair exist?” Rather, they are ...more
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Annie Duke
“What makes a decision great is not that it has a great outcome. A great decision is the result of a good process, and that process must include an attempt to accurately represent our own state of knowledge. That state of knowledge, in turn, is some variation of “I’m not sure.”
Annie Duke, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Annie Duke
“What good poker players and good decision-makers have in common is their comfort with the world being an uncertain and unpredictable place. They understand that they can almost never know exactly how something will turn out. They embrace that uncertainty and, instead of focusing on being sure, they try to figure out how unsure they are, making their best guess at the chances that different outcomes will occur. The accuracy of those guesses will depend on how much information they have and how experienced they are at making such guesses. This is part of the basis of all bets.”
Annie Duke, Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

Benjamin Graham
“A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.”
Benjamin Graham, The Intelligent Investor

Bertolt Brecht
“میان همه ی چیزهای قطعی،قطعی ترینشان تردید است”
برتولت برشت

Anthony Doerr
“Open your eyes and see what you can with them before they close forever.”
Anthony Doerr, All the Light We Cannot See

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