Of course the self-serving bias is something you want to get out of yourself. Thinking that what's good for you is good for the wider civilization and rationalizing all these ridiculous conclusions based on this subconscious tendency to serve one's self is a terribly inaccurate way to think.

I agree with Peter Drucker that the culture and legal systems of the United Statesare especially favorable to shareholder interests, compared to other interests and compared to most other countries. Indeed, there are many other countries where any good going to public shareholders has a very low priority and almost every other constituency stands higher in line.

People have always had this craving to have someone tell them the future. Long ago, kings would hire people to read sheep guts. There's always been a market for people who pretend to know the future. Listening to today's forecasters is just as crazy as when the king hired the guy to look at the sheep guts.

Our job is to find a few intelligent things to do, not to keep up with every damn thing in the world.

We tend to buy things - a lot of things - where we don't know exactly what will happen, but the outcome will be decent.

Intense interest in any subject is indispensable if you're really going to excel in it.

Assume life will be really tough, and then ask if you can handle it. If the answer is yes, you've won.