"Knowing what you don't know is more useful than being brilliant."
— Charlie Munger
Knowing What You Dont Know Is
Knowing what you don't know is more useful than being brilliant.
About this quote
This quote appears in Poor Charlie's Almanack (2005) and reflects Munger's long emphasis on intellectual humility and what he called "knowing the edge of your competence." He drew on this idea from his study of science — noting that great scientists like Charles Darwin were notable for understanding the limits of their own knowledge. For Munger, mapping one's own ignorance was the precondition for sound judgment in investing and life.
Source
Poor Charlie's Almanack, compiled by Peter Kaufman (2005)