People Who Worry About Looking Good Typically

There Are Two Main Drivers Of Asset Class Returns - Inflation And Growth.

Don't Be A Perfectionist, Because Perfectionists Often Spend Too Much Time On Little Differences At The Margins At The Expense Of Other Big, Important Things. Be An Effective Imperfectionist. Solutions That Broadly Work Well (e.g., How People Should Contact Each Other In The Event Of Crises) Are Generally Better Than Highly Specialized Solutions (e.g., How Each Person Should Contact Each Other In The Event Of Every Conceivable Crisis).

Be Wary Of The Arrogant Intellectual Who Comments From The Stands Without Having Played On The Field.

I Don't Get Caught Up In The Moment.

One Of The Greatest Sources Of Problems In Our Society Arises From People Having Loads Of Wrong Theories In Their Heads - Often Theories That Are Critical Of Others - That They Won't Test By Speaking To The Relevant People About Them. Instead, They Talk Behind People's Backs, Which Leads To Pervasive Misinformation.