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 walls we build around us to keep sadness out also keeps out the joy.
Does anyone remember laughter?
As we look into the future, we are going to need to be stronger and more responsible for our choices in a world where people "call evil good, and good evil." We do not choose wisely if we use our agency in opposition to God's will or to priesthood counsel. Tomorrow's blessings and opportunities depend on the choices we make today.
I willingly speak to those who know, but for those who do not know I forget.
Our memories are our own, and we cannot blame anything or anyone in the past for any pain dwelling there. If we open the door to them or keep hashing over past incidents in our minds, we have only ourselves to blame.
No person, no place, and no thing has any power over us, for 'we' are the only thinkers in our mind. When we create peace and harmony and balance in our minds, we will find it in our lives.
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