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 cannot truly plan, because we do not understand the future-but this is not necessarily a bad news. We could plan while bearing in mind such limitations. It just takes guts.

Go to parties. You can't even start to know what you may find on the envelope of serendipity. If you suffer from agoraphobia, send colleagues.

You need a story to displace a story.

It does not matter how frequently something succeeds if failure is too costly to bear.

What I learned on my own I still remember

A system, artificially stabilized, and of course you have hidden risks under the surface, and you don't know where the risks are.