Judgment Is the Decisive Skill

Everything we've discussed so far has been setting you up to
apply judgment.


• In an age of infinite leverage, judgment becomes the most
important skill 0:00


• Everything else you do is setting you up to apply judgment 1:21


• Judgment is knowing the long-term consequences of your actions
2:40


• Without experience, judgment is often less than useless 3:15


• The people with the best judgment are among the least emotional
4:05


• A lot of the top investors often sound like philosophers 5:18


• The more outraged someone is, the worse their judgment 6:00


Transcript: http://nav.al/judgment