A good maxim allows you to have the last word without even starting a conversation.

Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.

Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.

This is the tragedy of modernity: as with neurotically overprotective parents, those trying to help are often hurting us the most.

The problem of knowledge is that there are many more books on birds written by ornithologists than books on birds written by birds and books on ornithologists written by birds

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

Prediction, not narration, is the real test of our understanding of the world.