Investors operate with limited funds and intelligence, they do not need to know everything. As long as they understand something better than others, they have an edge.

I am for maximum supervision and minimum regulation.

I chose America as my home because I value freedom and democracy, civil liberties and an open society.

As a society we can't live without moral considerations. We do have to protect the public good. And markets are not designed to do that, so we need a political process.

In politics, manipulating reality can take presidence over finding reality.

Studying economics is not a good preparation for dealing with it.

Markets are imperfect. So you do need regulation, knowing that the regulators are also human.