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