The two commonest mistakes in judgement ... are, the confounding of shyness with arrogance - a very common mistake indeed - and the not understanding that an obstinate nature exists in a perpetual struggle with itself.
This book has been a catalogue of mistakes by politicians, moral and practical disasters which led to wars, enslavement and wretchedness on a scale which no previous age could have dreaded or dreamed of.
Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever more compelling as Berkshire's capital mushroomed and the universe of investments that could significantly affect our results shrank dramatically. Therefore, we adopted a strategy that required our being smart and not too smart at that, only a very few times. Indeed, we now settle for one good idea a year.
Buying books would be a good thing if one could also buy the time to read them in: but as a rule the purchase of books is mistaken for the appropriation of their contents.
The problem comes up because we ask the question in the wrong way. We supposed that solids were one thing and space quite another, or just nothing whatever. Then it appeared that space was no mere nothing, because solids couldn't do without it. But the mistake in the beginning was to think of solids and space as two different things, instead of as two aspects of the same thing. The point is that they are different but inseparable, like the front end and the rear end of a cat. Cut them apart, and the cat dies.
When you have success on the field, you're more popular and you have that fame that comes with it. You realize you're in the public eye more and you've got to be a little bit more careful about some of the things you're doing out in public and make sure you're smart about the things you say. You're still going to make mistakes from time to time, but you represent an even greater population and people are that much more looking for you to be in the wrong place at the wrong time or fall down or say something really stupid that's going to get you in trouble.
When you have success on the field, you're more popular and you have that fame that comes with it. You realize you're in the public eye more and you've got to be a little bit more careful about some of the things you're doing out in public and make sure you're smart about the things you say. You're still going to make mistakes from time to time, but you represent an even greater population and people are that much more looking for you to be in the wrong place at the wrong time or fall down or say something really stupid that's going to get you in trouble.
Every young man is prone to be misled by the suggestions of his own ill-founded ambition which he mistakes for the promptings of asecret genius, and thence dreams of unrivaled greatness.