Labor is getting more expensive and technology is getting cheaper.

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

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

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

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?

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

My whole life has been one big broken promise.

Mentoring is the cultivation of young adults, the tender caring for and nurturing of them so that they will grow, flourish, and be fruitful.

Saying sulfates do not cause acid rain is the same as saying that smoking does not cause lung cancer.

Nobody can teach what is inside a person; it has to be discovered for oneself and a way must be found to express it.

I do feel as if my own music as quite flawed, and it's that frailty or lack of technical proficiency that goes hand-in-hand with some sort of professionalism.

I like the fact that a modern television and modern drama on cable has characters that are really intricate and deep and have multiple layers.

The world is full of bastards, the number increasing rapidly the further one gets from Missoula, Montana.

What are ye orbs? The words of God? the Scriptures of the skies?

He, O men, is the wisest, who, like Socrates, knows that his wisdom is in truth worth nothing.

People see me laughing and telling jokes, but they had no idea after the show was over, I had no joy in my life, in my heart.