"Failure is a state of mind. It's like one of those sand traps an ant lion digs. You keep sliding back. Takes one hell of a jump to get out of it."

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It's natural that you'd have more brains going into money management. There are so many huge incomes in money management and investment banking - it's like ants to sugar. There are huge incentives for a man to take up money management as opposed to, say, physics, and it's a lot easier.

— Charlie Munger