When an investor focuses on short-term investments, he or she is observing the variability of the portfolio, not the returns - in short, being fooled by randomness.

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

Every social association that is not face-to-face is injurious to your health.

The difference between technology and slavery is that slaves are fully aware that they are not free

Ideas come and go, stories stay.

The narrative fallacy addresses our limited ability to look at sequences of facts without weaving an explanation into them, or, equivalently, forcing a logical link, an arrow of relationship, upon them. Explanations bind facts together. They make them all the more easily remembered; they help them make more sense. Where this propensity can go wrong is when it increases our impression of understanding.

The rationalist imagines an imbecile-free society; the empiricist and imbecile-proof one, or even better, a rationalist-proof one.