George Will
![George Will](/assets/img/authors/george-will.jpg)
George Will
George Frederick Willis an American newspaper columnist and political commentator. He is a Pulitzer Prize–winner known for his conservative commentary on politics. In 1986, The Wall Street Journal called him "perhaps the most powerful journalist in America," in a league with Walter Lippmann...
ProfessionJournalist
Date of Birth4 May 1941
mistake failure understanding
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
predictions approach allowing
My approach works not by making valid predictions but by allowing me to correct false ones.
be-confident position no-point
There is no point in being confident and having a small position.
mistake pride shame
To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride.
democracies-have people democracy
Democracy, by its very nature, can't be imposed on people. Democracy has to be the people deciding for themselves.
preparation study economics
Studying economics is not a good preparation for dealing with it.
mistake despair panic
I don't panic. The same thing applies to me as to everybody else, so I'm given to euphoria and despair. And I would say that I basically have survived by recognizing my mistakes.
making-money rich investors
I'm only rich because I know when I'm wrong.
mistake moving opportunity
I'm not better than the next trader, just quicker at admitting my mistakes and moving on to the next opportunity.
trends volatility term
Short term volatility is greatest at turning points and diminishes as a trend becomes established
fake-people smear-campaigns tactics
Now that I have called you on your false accusation, you are using additional smear tactics.
mistake decision framework
My conceptual framework, which basically emphasizes the importance of misconceptions, makes me extremely critical of my own decisions. I know that I am bound to be wrong, and therefore am more likely to correct my own mistakes.
europe doe administration
There is a resurgence of anti-Semitism in Europe. The policies of the Bush administration and the Sharon administration contribute to that. It's not specifically anti-Semitism, but it does manifest itself in anti-Semitism as well.
peers followers trends
The trouble with institutional investors is that their performance is usually measured relative to their peer group and not by an absolute yardstick. This makes them trend followers by definition.