All you need do is listen to very smart people and sift out the ideas that are unworthy or implausible, and I wouldn't pretend for a moment that I hadn't made lots of mistakes and there are companies, perhaps, that we had been investors in.
You can never discard too many bad ideas.
Don't trust a brilliant idea unless it survives the hangover.
I think we are used to being critical and evaluating ideas.
When a new idea comes our way, we must put it on our mental scales and weigh it carefully before deciding its value.
I think that it's a mistake to assume that because you're taking a position from somebody else who you might disagree with - or you know you disagree with on some things - to assume that you disagree with on everything and to not look at each policy on its own merits.
I get a million ideas a day and I don't put too much weight on any one of them. The ones that really stick in my head are the ones I end up doing.
Beware when any idea is promoted primarily because it is "bold, exciting, innovative, and new." There are many ideas that are "bold, exciting, innovative and new," but also foolish.
