Ask yourself whether you have earned the right to have an opinion. Opinions are easy to produce, so bad ones abound. Knowing that you don't know something is nearly as valuable as knowing it. The worst situation is thinking you know something when you don't.

To make money in the markets, you have to think independently and be humble.

If you have the power to see things through somebody else's eyes, it's like going from black and white to color or two dimensions to three dimensions.

We don't have ways of resolving the arguments in idea meritocratic way.

Do not feel bad about your mistakes or those of others. Love them! Remember that one: they are to be expected; two: they're the first and most essential part of the learning process; and three: feeling bad about them will prevent you from getting better.

Ironically, people who suppress the mini-confrontations for fear of conflict tend to have huge conflicts later, which can lead to separation, precisely because they let minor problems fester. On the other hand, people who address the mini-conflicts head-on in order to straighten things out tend to have the great, long-lasting relationships.

We wouldn't be successful if we didn't have independent thinkers who can argue and then resolve their arguments.