You’ve got to have models in your head. And you’ve got to array your experience—both vicarious and direct—on this latticework of models. You may have noticed students who just try to remember and pound back what is remembered. Well, they fail in school and in life. You’ve got to hang experience on a latticework of models in your mind.

Auctions are a powerful tool for discovering value.

真相很少是纯粹的，也从不简单。

The difference between ordinary and extraordinary is that little extra.

革命者的首要职责是受教育。