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 TalebI don't know anyone on Wall Street who goes to work every day thinking of anything but how to increase their bonus.
Nassim Nicholas TalebYou will get the most attention from those who hate you. No friend, no admirer and no partner will flatter you with as much curiosity.
Nassim Nicholas TalebThe imagination of the genius vastly surpasses his intellect; the intellect of the academic vastly surpasses his imagination
Nassim Nicholas Taleb