They think that intelligence is about noticing things are relevant (detecting patterns); in a complex world, intelligence consists in ignoring things that are irrelevant (avoiding false patterns)

We should ban banks from risk-taking because society is going to pay the price.

Success is about honour, feeling morally calibrated, absence of shame, not what some newspaper defines from an external metric.

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.

If you are in banking and lending, surprise outcomes are likely to be negative for you.

In poor countries, officials receive explicit bribes; in D.C. they get the sophisticated, implicit, unspoken promise to work for large corporations

When you beat up someone physically, you get excercise and stress relief; when you assault him verbally on the Internet, you just harm yourself.