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Why It’s Imperative to Stretch Your Mind

“The mind, once stretched by a new idea, never returns to its original dimensions.” —Ralph Waldo Emerson

Related Topics: dimensions, idea, mind, original, returns, stretched

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Charlie Munger quote The idea of a margin of safety, a Graham precept, will never be obsolete

Make the Market Your Servant

The idea of a margin of safety, a Graham precept, will never be obsolete. The idea of making the market...

Related Topics: Benjamin Graham, idea, margin, margin of safety, market, never, obsolete, precept, safety, servant

Investing

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Charlie Munger quote When a better tool or idea or approach comes along, what could be better than to swap it

Swapping Old Tools for New

When a better tool or idea or approach comes along, what could be better than to swap it for your...

Related Topics: approach, better, idea, old, swap, tool, useful

Process

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The Big Idea

Our game is to recognize a big idea when it comes along, when one doesn’t come along very often. Opportunity...

Related Topics: big, comes, game, idea, mind, opportunity, prepared, recognize

Rationality is a Good Idea

Rationality is not just something you do so that you can make more money, it is a binding principle. Rationality...

Related Topics: binding, good, idea, make, make more money, money, more, principle, rationality, something

Where Does Innovation Come From?

But innovation comes from people meeting up in the hallways or calling each other at 10:30 at night with a...

Related Topics: calling, hallways, holes, idea, innovation, meeting, new idea, night, people, problem, realized, shoots, something, thinking

Someone is Making Money Faster

The idea of caring that someone is making money faster [than you are] is one of the deadly sins. Envy...

Related Topics: caring, delay, envy, faster, fun, idea, making, money, sin, sins, someone, stupid

Enlightener of Warren Buffett

I think there’s some mythology in this idea that I’ve been this great enlightener of Warren. He hasn’t needed much...

Related Topics: enlightener, enlightenment, five, great, idea, know, mythology, needed, think, Warren Buffett

Owning Good Companies

Everyone has the idea of owning good companies. The problem is that they have high prices in relation to assets...

Related Topics: assets, companies, everyone, fun, game, good, high, idea, owning, prices, problem, relation

Investing

Take One Simple Idea Seriously

Take one simple idea and take it seriously.

Related Topics: idea, seriously, simple

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Excessive Diversification

The idea of excessive diversification is madness.

Related Topics: diversification, excessive, idea, madness

Investing

Getting Rid of the Keyboard

I had this idea of being able to get rid of the keyboard, type on a multi-touch glass display, and...

Related Topics: display, get rid of, glass, idea, keyboard, multi-touch, multi-touch display, type

The Value of an Idea or Fact

An idea or a fact is not worth more merely because it’s more available to you.

Related Topics: available, fact, idea, worth