The moment we believe that success is determined by an ingrained level of ability as opposed to resilience and hard work, we will be brittle in the face of adversity.

The truth is that throughout my careers in both chess and the martial arts, I often knew that my rivals were more naturally gifted than me - either with their mental machines or their bodies. But I have believed in my training, my approach to learning, and my ability to rise to the challenge under pressure.

In chess you might find a good move. Then you might find a better move. But take your time. Find the best move.

Very gifted people, they win and they win, and they are told that they win because they are a winner. That seems like a positive thing to tell children, but ultimately, what that means is when they lose, it must make them a loser.

One thing about the business and investing world that I connect to very intimately is that there is little room to deny the harsh realities of your mistakes. A bad call can lose you many millions.

Just about every error has a technical and psychological component: get good at discovering those connections

The moment we believe that success is determined by an ingrained level of ability as opposed to resilience and hard work, we will be brittle in the face of adversity.