I Think The Industry Can Probably Self-correct

I Think The Greatest Tragedy Of Mankind Is That People Have Ideas And Opinions In Their Heads But Don't Have A Process For Properly Examining These Ideas To Find Out What's True. That Creates A World Of Distortions.

Principles Are What Allow You To Live A Life Consistent With Those Values. Principles Connect Your Values To Your Actions.

There Is A Strong Tendency To Get Used To And Accept Very Bad Things That Would Be Shocking If Seen With Fresh Eyes.

The Biggest Mistake Investors Make Is To Believe That What Happened In The Recent Past Is Likely To Persist. They Assume That Something That Was A Good Investment In The Recent Past Is Still A Good Investment. Typically, High Past Returns Simply Imply That An Asset Has Become More Expensive And Is A Poorer, Not Better, Investment.

There Are Far More Good Answers "out There" Than There Are In You.