Most errors in judgment happen when we don’t know we’re supposed to be exercising judgment. - Shane Parrish

Results are a function of position. You don’t need to be smarter than others to outperform them if you can out-position them. Anyone looks like a genius when they’re in a good position, and even the smartest person looks like an idiot when they’re in a bad one.

What separates good thinkers from great thinkers is:

1) The number of mental models at their disposal;
2) The accuracy of those models; and
3) How quickly they update them when they're wrong.

Our ego tempts us into thinking we’re more than we are.