Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.

Steve Jobs, Bill Gates and Mark Zuckerberg didn't finish college. Too much emphasis is placed on formal education - I told my children not to worry about their grades but to enjoy learning.

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.

Half of the people lie with their lips; the other half with their tears

Debt is a mistake between lender and borrower, and both should suffer.

Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.

An erudite is someone who displays less than he knows; a journalist or consultant the opposite.