When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.
Nassim Nicholas TalebAnswer e-mails from junior people before more senior ones. Junior people have further to go and tend to remember who slighted them.
Nassim Nicholas TalebAn erudite is someone who displays less than he knows; a journalist or consultant the opposite.
Nassim Nicholas TalebMake sure that you are in a situation where the constant mistakes are small and can be used for something.
Nassim Nicholas Taleb