...maximize the serendipity around you.
Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.
Stoicism is about the *domestication* of emotions, not their elimination.
Redundancy is ambiguous because it seems like a waste if nothing unusual happens. Except that something unusual happens-usually .
He who has never sinned is less reliable than he who has only sinned once.
When I trade, I don't have an agency problem; I have my neck on the line. When a bank or banker trades, it's not his neck on the line.