Muscles without strength, friendship without trust, opinion without risk, change without aesthetics, age without values, food without nourishment, power without fairness, facts without rigor, degrees without erudition, militarism without fortitude, progress without civilization, complication without depth, fluency without content; these are the sins to remember.

There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.

History doesn't crawl; it leaps.

The central idea in The Black Swan is that: rare events cannot be estimated from empirical observation since they are rare.

Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.

The classical man's worst fear was inglorious death; the modern man's worst fear is just death

We should ban banks from risk-taking because society is going to pay the price.