There are secrets to our world that only practice can reveal, and no opinion or analysis will ever capture in full.

Also, it's good to have more than one profession, in case your own profession goes out of style. A Wall Street trader who's also a belly dancer will do a lot better than a trader who winds up driving a taxi.

We glorify those who left their names in history books at the expense of those contributors about whom our books are silent. We humans are not just a superficial race - we are a very unfair one.

Being an economist is the least ethical profession, closer to charlatanism than any science.

Realism is punishing. Probabilistic skepticism is worse.

I suspect the I.Q., SAT, and school grades are tests designed by nerds so they can get high scores in order to call each other intelligent...Smart and wise people who score low on IQ tests, or patently intellectually defective ones, like the former U.S. president George W. Bush, who score high on them (130), are testing the test and not the reverse.

Debt is a mistake between lender and borrower, and both should suffer.