It is not given to human beings to have such talent that they can just know everything about everything all the time.
But it is given to human being who work hard at it - who look and sift the world for a mis-priced bet - that they can occasionally find one.
The wise ones bet heavily when the world offer them that opportunity.
They bet big when they have the odds.
And the rest of the time, they don't.
It is just that simple.
Quote: Charlie Munger