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.

Switzerland is the perfect place where you have volatility at a municipal level that nothing up top - small units competing with each other.

Those who do not think that employment is systemic slavery are either blind or employed.

To succeed in life requires a total inability to do anything that makes you uncomfortable when you look at yourself in the mirror.

Another definition of modernity: conversations can be more and more completely reconstructed with clips from other conversations taking place at the same time on the planet.

Read books are far less valuable than unread ones. The library should contain as much of what you do not know as your financial means, mortgage rates, and the currently tight real-estate market alow you to put there.

Those who were unlucky in life in spite of their skills would eventually rise. The lucky fool might have benefited from some luck in life; over the longer run he would slowly converge to the state of a less-lucky idiot. Each one would revert to his long-term properties.