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

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.

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.

I think of life as a good book. The further you get into it, the more it begins to make sense.

Life is plain. But never a pain.

When we teach people that suspending moral judgments is a virtue, the necessary outcome is moral horror.

Achieving the right balance is all part of programming a news magazine.

I felt his eyes devour me as I moved around the room. He assessed me head to toe without blinking, and a hot ache shivered through me. A kiss would've been less intimate.

Each misstep leads to the next correct step.

Most people who call themselves conservatives can't explain the American value system.

When I see ya baby girl, I miss feelin on ya. I miss everything that's real about ya and that's everything about ya, that's just how I feel about ya

There are no ugly cigars, only ugly smokers.

Dwight D. Eisenhower changed America forever with the creation of the interstate highway program.