Economy is not baseball, where the game is always played by the same rules.

The key to making a good forecast is not in limiting yourself to quantitative information.

A lot of news is just entertainment masquerading as news.

By playing games you can artificially speed up your learning curve to develop the right kind of thought processes.

People have different ways of interpreting history.

You can build a statistical model and that's all well and good, but if you're dealing with a new type of financial instrument, for example, or a new type of situation - then the choices you're making are pretty arbitrary in a lot of respects.

When a possibility is unfamiliar to us, we do not even think about it.