People focus on role models; it is more effective to find antimodels - people you don't want to resemble when you grow up

People are much less interested in what you are trying to show them than what you are trying to hide.

Failure saves lives. In the airline industry, every time a plane crashes the probability of the next crash is lowered by that. The Titanic saved lives because we're building bigger and bigger ships. So these people died, but we have effectively improved the safety of the system, and nothing failed in vain.

A good rule of thumb is as follows: If the numbers come from somebody wearing a tie (Wall Street economist or analyst, industry public relations department, captive think tank academic and so on), you ought to be very skeptical. By design messages from these people are intended to move markets, move merchandise and/or move public policy and are not a comment on the state of the physical universe.

It has been more profitable for us to bind together in the wrong direction than to be alone in the right one.

If you're going to fail, you'd rather fail early than fail late in general.

Economics make homeopath and alternative healers look empirical and scientific.