Alan Greenspan is unskilled; you don't take the unskilled seriously.

Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.

The difference between technology and slavery is that slaves are fully aware that they are not free

The fastest way to become rich is to socialize with the poor; the fastest way to become poor is to socialize with the rich.

If I ask you to write down the last 4 digits of your social security number, and then take you out to lunch and ask you how many dentists there are in Manhattan, there's going to be a high correlation between those two numbers. What happens is that the number psychologically makes you feel confident.

Things always become obvious after the fact

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.