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

People focus on role models; it is more effective to find antimodels - people you don't want to resemble when you grow up

A mistake is not something to be determined after the fact, but in the light of the information until that point.

Any system that is deprived of its natural volatility, with government up (unintelligible) volatile, any system becomes very fragile.

My biggest problem with modernity may lie in the growing separation of the ethical and the legal

Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that’s what you are seeking.

When you write, you don't have the social constraints of having people in front of you, so you talk about abstract matters.