Your investor's edge is not something you get from Wall Street experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies or industries you already understand.
Average investors can become experts in their own field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
Vegetarians always ask about getting enough protein. But I don't know any nutrition expert (who) can plan a diet of natural foods resulting in a protein deficiency, so long as you're not deficient in calories. You need only 5 or 6 percent of total calories in protein... and it is pratically impossible to get below 9 percent in ordinary diets.
You're here so you're a Scientologist. Now we're going to make you into an expert auditor no matter what happens. We'd rather have you dead than incapable.
Shall I tell you something I've been noticing? The mistrust this society has for women. All kinds of experts and officials are terrified because so many women are working. They really think that women have to be coerced into having babies and raising kids.
We shall no longer hang on to the tails of public opinion or to a non- existent authority on matters utterly unknown and strange. We shall gradually become experts ourselves in the mastery of the knowledge of the Future.
Buy when most people, including experts, are pessimistic, and sell when they are actively optimistic.
If you hear an expert talking about the Internet and saying it [does] this, or it will do that, you should treat it with the same skepticism that you might treat the comments of an economist about the economy or a weatherman about the weather.
Democracy will never be supplanted by a republic of experts—and that is a very good thing.
Experts now talk about the ‘nutrition transition’, in which populations in developing countries move straight from malnourishment to obesity.
I'm a bit uncomfortable, truth be told, with being seen as an expert, because there is always so much more to learn. I see myself as a perpetual student of the goddess.
I do a lot of work with policymakers, but how much effect am I having? It’s like they’re coming in and saying to you, ‘I’m going to drive my car off a cliff. Should I or should I not wear a seatbelt?’ And you say, ‘I don’t think you should drive your car off the cliff.’ And they say, ‘No, no, that bit’s already been decided—the question is whether to wear a seatbelt.’ And you say, ‘Well, you might as well wear a seatbelt.’ And then they say, ‘We’ve consulted with policy expert Rory Stewart and he says . . . .’
Mathematics may be likened to a large rock whose interior composition we wish to examine. The older mathematicians appear as persevering stone cutters slowly attempting to demolish the rock from the outside with hammer and chisel. The later mathematicians resemble expert miners who seek vulnerable veins, drill into these strategic places, and then blast the rock apart with well placed internal charges.
In no other branch of mathematics is it so easy for experts to blunder as in probability theory.
Life isn't about trying to be an expert in everything. It's about being an expert in one thing and offering it to the world.
I don't think of myself as a policy expert. I think education is the most important thing.
Have you heard of this new thing called the internet? It's giving people new expectations. It's allowing them to become their own expert. Knowledge lies anxious at their fingertips. Gloss over the truth in your advertising and you'll quickly be dismissed as a poser.
A fool will study for twenty or thirty years and learn how to do something, but a wise man will study for twenty or thirty minutes and become an expert. In this world, it isn't ability that counts, but authority.
Chess is similar to boxing. You need to develop a strategy, and you need to think two or three steps ahead about what your opponent is doing. You have to be smart. But what’s the difference between chess and boxing? In chess, nobody is an expert, but everybody plays. In boxing everybody is an expert, but nobody fights.
An expert is someone who can tell you exactly how it can't be done.
Experts say that children are not born criminals, nor pampered parasites. They are made that way by the environment in which they live.
Be warned that being an expert is more than understanding how a system is supposed to work. Expertise is gained by investigating why a system doesn't work.
When experts say nuclear power generation is safe and doesn't cost much and this is the only way to go if we want to stop relying on coal, well, we believe them. But they've been lying to us for years. And the point is, we've never really known anything about nuclear power generation. We had little interest in it before 3/11, and we certainly had no idea how difficult it is to control nuclear energy.
The fact that cognitive diversity matters does not mean that if you assemble a group of diverse but thoroughly uninformed people, their collective wisdom will be smarter than an expert's. But if you can assemble a diverse group of people who possess varying degrees of knowledge and insight, you're better off entrusting it with major decisions rather than leaving them in the hands of one or two people, no matter how smart those people are.
I say as an expert, no one is faithful in love -Expertus dico, nemo est in amore fidelis
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