I always remind myself that what one observes is at best a combination of variance and returns, not just returns.
Nassim Nicholas TalebI 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.
Nassim Nicholas TalebWhen you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.
Nassim Nicholas Taleb