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— Philip Arthur Fisher"My mistake was to project my skill beyond the limits of experience. I began investing outside the industries which I believe I thoroughly understood, in completely different spheres of activity; situations where I did not have comparable background knowledge."
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We will be able to achieve a just and prosperous society only when our schools ensure that everyone commands enough shared background knowledge to be able to communicate effectively with everyone else.
— Edward Hirsch
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It's often considered elitist to say that well maybe voters are uninformed and that they should know more before they cast their votes. It's strange to say that because it's also elitist to say that to run a radio station requires skill or to be a plumber requires skill and background knowledge.
— Jason Brennan
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