We learn the most from fools ... yet we pay them back with the worst ingratitude.

You are rich if and only if money you refuse tastes better than money you accept.

Success is becoming in middle adulthood what you dreamed to be in late childhood.

People work out, they stress their body, and their body gets stronger from stress.

Charm is the ability to insult people without offending them; nerdiness the reverse

A good maxim allows you to have the last word without even starting a conversation.

You know, children philosophize more than adults - and they are critical of adults.

Heroes are heroes because they are heroic in behavior, not because they won or lost.

Doctors most commonly get mixed up between absence of evidence and evidence of abense

Most people are sceptical about the wrong things and gullible about the wrong things.

Education makes the wise slightly wiser, but it makes the fool vastly more dangerous.

I hated school because I liked to daydream and the system tried to stop me from that.

It does not matter how frequently something succeeds if failure is too costly to bear.

I lift heavy weights and sprint, but I am so bad at it that I develop severe injuries.

Never ask a trader if he is profitable: you can easily see it in his gesture and gait.

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

If I could predict what my day would exactly look like, I would feel a little bit dead.

Those who do not think that employment is systemic slavery are either blind or employed.

The inability to predict outliers implies the inability to predict the course of history

This is the central illusion in life: that randomness is a risk, that it is a bad thing.

Modernity has replaced ethics with legalese, and the law can be gamed with a good lawyer.

Modernity: we created youth without heroism, age without wisdom, and life without grandeur

To be completely cured of newspapers, spend a year reading the previous week's newspapers.

You have a real life if and only if you do not compete with anyone in any of your pursuits.

I want them poor and they deserve to be poor. You can't have capitalism without punishment.

An idea starts to be interesting when you get scared of taking it to its logical conclusion.

Being an economist is the least ethical profession, closer to charlatanism than any science.

Using, as an excuse, others' failure of common sense is in itself a failure of common sense.

A prophet is not someone with special visions, just someone blind to most of what others see

Poverty is clearly one source of emotional suffering, but there are others, like loneliness.

Writing is sacred, other activities are profane, and I don't want them to corrupt my writing.

The bonus for bankers fragilizes the system. Someone has the upside at the expense of others.

In science you need to understand the world; in business you need others to misunderstand it.

The classical man's worst fear was inglorious death; the modern man's worst fear is just death

People employed in financial institutions are rarely interesting and even more rarely likable.

There are systems that use failure as fuel for improvement, where the cost of failure is small.

An erudite is someone who displays less than he knows; a journalist or consultant the opposite.

My biggest problem with modernity may lie in the growing separation of the ethical and the legal

Probability and expectation are not the same. Its probability and probability times the pay off.

Comfort makes you weaker. We need some variability, some stressors. Not too much, but just enough.

The payoff of a human venture is, in general, inversely proportional to what it is expected to be.

Most so-called writers keep writing and writing with the hope, some day, to find something to say.

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

The people I go after are the false experts, those who do not accept the limits of their knowledge.

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

The only valid political system is one that can handle an imbecile in power without suffering from it

Deficits are like putting dynamite in the hands of children. They can get out of control very quickly.

Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.

Forecasting by bureaucrats tends to be used for anxiety relief rather than for adequate policy making.

It was obvious that their profits were simply cash borrowed from destiny with some random payback time.

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