When you develop your opinions on the basis of weak evidence, you will have difficulty interpreting subsequent information that contradicts these opinions, even if this new information is obviously more accurate.

The problem of knowledge is that there are many more books on birds written by ornithologists than books on birds written by birds and books on ornithologists written by birds

In the United States large corporations control some members of Congress. All this does is delay the corporation’s funeral at our expense.

Only the autodidacts are free.

The number of managers with great track records in a given market depends far more on the number of people who started in the investment business (in place of going to dental school), rather than on their ability to produce profits.

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.

Restaurants get you in with food to sell you liquor; religions get you in with belief to sell you rules.