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1. “It is remarkable how much long term advantage is gained by trying to be consistently not stupid, instead of trying to be very intelligent.” — Charlie Munger
2. “Read every day. That’s how knowledge works. It builds up, like compound interest. All of you can do it, not many will.” — Warren Buffett
3. “To better avoid errors, you should talk to people who disagree with you and you should talk to people who are not in the same emotional situation you are.” — Daniel Kahneman (more of his thoughts here)
4. “A reliable way to make people believe in falsehoods is frequent repetition, because familiarity is not easily distinguishable from the truth.” — Daniel Kahneman
5. “Acknowledging what you don’t know is the dawning of wisdom.” — Charlie Munger

Via Motley Fool