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What an investor needs is the ability to correctly evaluate selected businesses. Note that word selected: You don't have to be an expert on every company, or even many. You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.

Warren Buffet

Competence Boundary Ability Investor

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God could not have chosen anyone less qualified, or more of a sinner, than myself. And so, for this wonderful work He intends to perform through us, He selected me- for God always chooses the weak and the absurd, and those who count for nothing.

Francis of Assisi

God Qualified Sinner Work

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The best history is but like the art of Rembrandt; it casts a vivid light on certain selected causes, on those which were best and greatest; it leaves all the rest in shadow and unseen.

Walter Bagehot

Art Best Casts Certain

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Historically, this has not been possible. Now, it is possible using the internet. Classical democracy is due for an overhaul. We need a direct democracy, where the citizens make decisions directly on policy, and where experts are selected by people to decide on particular matters

Mark Essien

Historically Possible Classical democracy Citizen

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