The fact that industries wax and wane is a reality of any economic system that wants to remain dynamic and responsive to people's changing tastes.

If companies tell us more, insider trading will be worth less.

Paradoxically, the best way for a group to be smart is for each person in it to think and act as independently as possible.

I do think to some extent multitasking is a way of fooling ourselves that we're being exceptionally efficient.

Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.

In the business world, bad news is usually good news - for somebody else.

Most of the work on multitasking suggests that it generally makes you less efficient, not more.

It may be that the very qualities that help people get ahead are the ones that make them ill-suited for managing crises. It's hard to prepare for the worst when you think you're the best.

The important thing about groupthink is that it works not so much by censoring dissent as by making dissent seem somehow improbable.

Although oil is a commodity, it's still not a commodity like coffee, which, thank God, we will have with us always. At some point the oil will run out.

If we want our regulators to do better, we have to embrace a simple idea: regulation isn't an obstacle to thriving free markets; it's a vital part of them.

We do need an attitude of leadership in our government which demonstrates faith in major population centres outside of Perth.

I have never been an idealist - that implies you aren't going to achieve something.

Time and tide will wait for no man, saith the adage. But all men have to wait for time and tide.

Coincidence is logical.

If your virtue is especially radiant, it can be possible to open a pathway to the subtle realm and receive these celestial teachings directly from the immortals.

Success is the development of the power with which to get whatever one wants in life without interfering with the rights of others.

You'll drift apart, it's true, but you'll be out in the open, part of everything alive again.

When you are about to badger the weak, Then imagine yourself before a more powerful man.