Maximum of an average is necessarily less volatile than the average maximum

Work hard, not in grunt work, but in chasing such opportunities and maximizing exposure to them. This makes living in big cities invaluable because you increase the odds of serendipitous encounters-you gain exposure to the envelope of serendipity.

By setting oneself totally free of constraints, free of thoughts, free of this debilitating activity called work, free of efforts, elements hidden in the texture of reality start staring at you; then mysteries that you never thought existed emerge in front of your eyes.

Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.

In the United States large corporations control some members of Congress. All this does is delay the corporation’s funeral at our expense.

Bankers, they're not harmed by their mistakes. They benefit when things go right, and the society pays the price.

Probability and expectation are not the same. Its probability and probability times the pay off.