Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.

Don't ask the barber whether you need a haircut, and don't ask an academic if what he does is relevant.

It is my great hope someday, to see science and decision makers rediscover what the ancients have always known. Namely that our highest currency is respect.

They will envy you for your success, your wealth, for your intelligence, for your looks, for your status - but rarely for your wisdom.

I've debated many economists who claim to specialize in risk and probability: when one takes them slightly outside their narrow focus, but within the discipline of probability, they fall apart, with the disconsolate face of a gym rat in front of a gangster hit man.

If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.

The world we live in is vastly different from the world we think we live in.