In Wall Street Now, You Have To

There Was But One Question He Left Unasked, And It Vibrated Between His Lines: If Gross Miscalculations Of A Person's Value Could Occur On A Baseball Field, Before A Live Audience Of Thirty Thousand, And A Television Audience Of Millions More, What Did That Say About The Measurement Of Performance In Other Lines Of Work? If Professional Baseball Players Could Be Over- Or Under Valued, Who Couldn't?

People Really Don't Like To Hear Success Explained Away As Luck — Especially Successful People. As They Age, And Succeed, People Feel Their Success Was Somehow Inevitable. They Don't Want To Acknowledge The Role Played By Accident In Their Lives. There Is A Reason For This: The World Does Not Want To Acknowledge It Either. If You Use Better Data, You Can Find Better Values; There Are Always Market Inefficiencies To Exploit, And So On. But It Has A Broader And Less Practical Message: Don't Be Deceived By Life's Outcomes. Life's Outcomes, While Not Entirely Random, Have A Huge Amount Of Luck Baked Into Them. Above All, Recognize That If You Have Had Success, You Have Also Had Luck — And With Luck Comes Obligation.

As Idiotic As Optimism Can Sometimes Seem, It Has A Weird Habit Of Paying Off.

What's Fun Is Watching Actors Of That Calibre Bring Them To Life. It's Incredible. Christian Bale Spent A Day With The Character He Plays And After My Year Of Being With Him I Couldn't Have Generated The Same View Of Him. They Have A Different Way Of Looking At People, It's Fascinating To Watch.

Time And Space Are Absolute. Diseases Are Evil Spirits That Inhabit The Body. Parallel Lines Never Meet. The Earth Is The Center Of The Universe. Children Are Miniature Adults. At One Time In History Each Of These Beliefs Was Generally Held To Be True. Each, However, Gave Way To Different Ideas And Even Different World Views.