If you have more than one reason to do something (choose a doctor or veterinarian, hire a gardener or an employee, marry a person, go on a trip), just don’t do it. It does not mean that one reason is better than two, just that by invoking more than one reason you are trying to convince yourself to do something. Obvious decisions (robust to error) require no more than a single reason.

A prophet is not someone with special visions, just someone blind to most of what others see

I hated school because I liked to daydream and the system tried to stop me from that.

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

I always remind myself that what one observes is at best a combination of variance and returns, not just returns.

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

People who forecast simply because "that's my job," knowing pretty well that their forecast is ineffectual, are not what I would call ethical. What they do is no different from repeating lies simply because "it's my job."