The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is...
The desire to avoid loss ran deep, and expressed itself most clearly when the gamble came with the possibility of both loss and gain. That is, when it was like most gambles in life. To get most people...
There is an upside to ignorance, and a downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview.
Reality is a cloud of possibility, not a point.
He was ignorant, but a lot of people mistook ignorance for stupidity, and knowingness for intelligence.
Good science is to see what everyone else can see but think what no one else has ever said.
No matter how successful you are, change is always good. There can never be a status quo.
That was somewhere near the middle of a modern gold rush. Never before have so many unskilled twenty-four-year-olds made so much money in so little time as we did this decade in New York and London.
National Sarcasm Society: Like We Need Your Support.
The nice thing about things that are urgent, he liked to say, is that if you wait long enough they aren’t urgent anymore.
Market leader in interest rate swaps. There was a natural role for a blue-chip corporation with the highest credit rating to stand in the middle of swaps and long-term options and the other risk-spawn...
Trump’s budget, like the social forces behind it, is powered by a perverse desire—to remain ignorant.
WHEN HE WAS a young man Billy Beane could beat anyone at anything.
Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.
And so it went in football. The game attracted the very people most likely to get in trouble outside
The problems that had been Obama's problems for the past eight years were about to become Trump's problems. But his people didn't seem to want to know about them.
Rather than selling people on some change, you were better off identifying the reasons for their resistance, and addressing those. Imagine
The trick was not simply to write the code that turned information into pictures but to find the best pictures to draw—shapes and colors that led the mind to meaning.
Isocrates: Democracy destroys itself because it abuses its right to freedom and equality. Because it teaches its citizens to consider audacity as a right, lawlessness as a freedom, abrasive speech as...
When banking stops, credit stops, and when credit stops, trade stops, and when trade stops—well, the city of Chicago had only eight days of chlorine on hand for its water supply. Hospitals ran out of...
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