Your reputation is harmed the most by what you say to defend it.

I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too long on a regular day and too short days when we have a crisis.

Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.

Doctors most commonly get mixed up between absence of evidence and evidence of abense

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

I'd rather have the market tell us what - I'd rather have events precipitate events, rather than just sit there like passive people in Washington.

If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt.