Sometimes, success in life is knowing one's limitations.
Interpretation
Acknowledging one's limitations can lead to greater success in life.
This quote emphasizes that true success is not just about achievements and milestones, but also about self-awareness and understanding one's own limitations. By recognizing where our capacities lie, we can make more informed decisions, set realistic goals, and ultimately find paths that lead to fulfillment and achievement.
In practice
In a motivational speech about personal growth.
I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.
Ironically, when a bunch of very smart people are sitting around a table for hours trying to figure out whether they should do something, that tends to not necessarily lead to the best results.
I don't feel like a wealthy person. Other people think of me as a wealthy person, but I don't. I feel the same as when I was a fifth-year associate trying to make partner at Lehman Brothers. I haven't changed.
The biggest mistake I've seen people make with their careers is, when they're good, after two or three years - and they happen to be smart - they announce that they're going out to start their own firm.
The greenhorn is the ultimate victor in everything; it is he that gets the most out of life.
Most people are highly optimistic most of the time.
Thinking should become your capital asset, no matter whatever ups and downs you come across in your life.
No one can shed light on vices he does not have or afflictions he has ever experienced.
Never tell the truth to people who are not worthy of it.
A person who doubts himself is like a man who would enlist in the ranks of his enemies and bear arms against himself.
Subscribe for the occasional hand-picked quote. No noise.