Judgment Is the Decisive Skill in an Age of Infinite Leverage

Wisdom is just judgment on a personal domain

First you're accountable for your judgment, judgment is the exercise of wisdom, wisdom comes from experience, and that experience can be accelerated through short iterations

If someone's constantly tweeting political outrage and seems like an angry person, you don't want to hand them the keys to your car let alone the keys to your company

The people with the best judgment are actually among the least emotional

The thing that prevents you from seeing what's actually happening are your emotions; our emotions are constantly clouding our judgment

The more outraged somebody gets, the worse their judgment

Investment books are sort of the worst place to learn about investment

Intellect without any experience is often worse than useles

In an age of infinite leverage judgment becomes the most important skill

All the great fortunes are created through leverage