Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.

Probability is not a mere computation of odds on the dice or more complicated variants; it is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.

The traits I respect are erudition and the courage to stand up when half-men are afraid for their reputation. Any idiot can be intelligent.

If something is going on, I hear about it. I like to talk to people, I socialise. Television is a waste of time. Human contact is what matters.

Being an entrepreneur is an existential, not just a financial thing.

Never think that lack of variability is stability. Don't confuse lack of volatility with stability, ever.

People are much less interested in what you are trying to show them than what you are trying to hide.