Scepticism is effortful and costly. It is better to be sceptical about matters of large consequences, and be imperfect, foolish and human in the small and the aesthetic.

It is a sign of weakness to avoid showing signs of weakness.

I always remind myself that what one observes is at best a combination of variance and returns, not just returns.

The imagination of the genius vastly surpasses his intellect; the intellect of the academic vastly surpasses his imagination

As countries get rich they start increasing education and the very educated people tend to not like trial and error, because they think they're obligated to use the body of knowledge they have.

A prophet is not someone with special visions, just someone blind to most of what others see

Never trust a journalist unless she's your mother.