People in the voting booth are not purely rational creatures any more than they're purely rational creatures outside the voting booth.

Every form of strength is also a form of weakness.

All of a sudden the market is all about algos and routers.

A banking system is an act of faith: it survives only for as long as people believe it will.

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

People in both fields operate with beliefs and biases. To the extent you can eliminate both and replace them with data, you gain a clear advantage.

Book tours are almost designed to beat out of an author any affection he has for his book.