Odd As It May Seem,

The Average Investor's Return Is Significantly Lower Than Market Indices Due Primarily To Market Timing.

You Should Not Take Your Intuitions At Face Value.

It Is The Consistency Of The Information That Matters For A Good Story, Not Its Completeness. Indeed, You Will Often Find That Knowing Little Makes It Easier To Fit Everything You Know Into A Coherent Pattern.

Nothing In Life Is Quite As Important As You Think It Is While You're Thinking About It.

... Sometimes When You Are Asked A Question That Is Difficult, The Mind Doesn't Stay Silent If It Doesn't Have The Answer. The Mind Produces Something, And What It Produces Very Characteristically Is The Answer To An Easier But Related Question.