An Unconventional Commencement Speech

I just listened to Steve Jobs' 2005 commencement speech at Stanford University. It's only about 15 minutes or so. It's probably the most unlikely message one would expect at a graduation speech, with its three key points focusing on dropping out, getting fired, and facing death, and summed up with the enigmatic slogan from the authors of The Whole Earth Catalog, "Stay hungry, stay foolish." At first glance, not the most inspiring words.

Yet why do I feel so, well, inspired?

What does it mean, I wonder, to "stay hungry, stay foolish"? I found a couple of explanations online that I like:

Stay hungry: always keep wanting something more, something new.
Stay foolish: always keep an open mind, never think that you know everything.

Stay Hungry: don't be too easily satisfied or grow too comfortable.
Stay Foolish: don't think that you know everything.. stay foolish and keep learning new things.

Other thoughts that I liked from the speech:

"Your time is limited, so don't waste it living someone else's life. Don't be trapped by dogma — which is living with the results of other people's thinking. Don't let the noise of others' opinions drown out your own inner voice. And most important, have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary."

Steve Jobs, Commencement speech, Stanford University, June 12, 2005.