I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge.

Economics make homeopath and alternative healers look empirical and scientific.

A washing machine needs constant maintenance. It doesn't want any harm. It wants tranquility, and you need someone to - you're not going to harm it by continuously monitoring it and adjusting it.

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.

Don't aim to be perfect! Aim to be antifragile

The government-sponsored institution Fannie Mae, when I look at its risks, seems to be sitting on a barrel of dynamite, vulnerable to the slightest hiccup. But not to worry: their large staff of scientists deemed these events "unlikely."

If you don't feel that you haven't read enough, you haven't read enough.