16 brilliant quotes
Smart people do dumb things.
we wanted to know why and who, so we could avoid them."
It's "crazy" for an expert to diversify.
"Students learn corporate finance at business schools. They are taught that the whole secret is diversification. But the exact rule is the opposite. The 'know-nothing' investor should practice diversification
The greatest minds are in books, not classrooms
I met the towering intellectuals in books, not in the classroom, which is natural.