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…small decisions mean you can afford to change. There’s no big penalty if you mess up. You just fix it.

…it’s a lot wiser to bring in experts before you need them than to stumble ahead with green, untested people who are prone to making avoidable mistakes.

Time is the most powerful force in investing. It makes little things grow big and big mistakes fade away.

By far the biggest mistake people make when trying to change careers is to delay taking the first step until they have settled on a destination.

…it is much easier, as well as far more enjoyable, to identify and label the mistakes of others than to recognize our own.

…learn to recognize situations in which mistakes are likely and try harder to avoid significant mistakes when the stakes are high.

…anyone who ignores base rates and the quality of evidence in probability assessments will certainly make mistakes.

…rewards for improved performance work better than punishment of mistakes.

…for most people, the cause of a mistake matters.

Own up to your mistakes, but don’t needlessly blame everything on yourself.