One of life’s packages: no stability without volatility.

One needs to be intelligent in recognizing the favorable outcome and knowing what to discard.

the simpler and more obvious the discovery, the less equipped we are to figure it out by complicated methods.

One should have enough self-control to make the audience work hard to listen, which causes them to switch into intellectual overdrive.

In the complex world, the notion of “cause” itself is suspect; it is either nearly impossible to detect or not really defined—another reason to ignore newspapers, with their constant supply of causes for things.

No, we don’t put theories into practice. We create theories out of practice.

And in that strange profession of people who work with volatility, there were two types. First category, academics, report-writers, and commentators who study future events and write books and papers; and, second category, practitioners who, instead of studying future events, try to understand how things react to volatility (but practitioners are u... See more

I detest the ruthlessness of selection, the inexorable disloyalty of Mother Nature. I detest the notion of improvement thanks to harm to others.