Great investors need to have the right combination of intuition, business sense and investment talent.

Financial crises are an unfortunate but necessary consequence of modern capitalism.

Maybe we should teach schoolchildren probability theory and investment risk management.

While neurological studies have tried to identify components responsible for fear and greed, the impact on finance is less clear.

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood

My mother died of lung cancer last year. I felt helpless. As an economist, I thought, What can I do?

Labor is getting more expensive and technology is getting cheaper.

Ideas percolate. Through natural selection, the best ones survive.

Indoctrination is not just demeaning to the human conscience, it is lethal for the flourishing psychology of the hungry, young mind.

Though everyone in the bar knew who he was, no one asked him about the death, though one old man did rustle his newspaper suggestively.

The thing about great poetry is we have no defenses against it.

A few observation and much reasoning lead to error; many observations and a little reasoning to truth.

Is it better for a woman to marry a man who loves her than a man she loves.

I am building a stairway to the stars. I have the authority to take the whole of mankind up there with me. That is why I write.

It is not your hold of Christ that saves you, but His hold of you.

Without peace there is no development, and without development there is no peace

Useless to worry until we find outselves blocked. ... If it happens, then we must simply find a way around it. It may slow us down. But we will never get there at all if we stand still and worry.

The passing moment is all we can be sure of; it is only common sense to extract its utmost value from it.