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" A country's assets reside in the tinkerers, the hobbyists, and the risk-takers. "

Nassim Nicholas Taleb

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" You have family-owned businesses that have been around for 500 years. You cannot name a corporation that survives intact for even a few decades. "

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" People have the problem of denial. This is one of the things I learned in Lebanon. Everybody who left Beirut when the war started, including my parents, said, 'Oh, its temporary.' It lasted 17 years! People tend to underestimate the gravity of these situations. That's how they work. "

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" In the United States, large corporations control some members of Congress. All this does is delay the corporation's funeral at our expense. "

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" All of technology, really, is about maximizing free options. "

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" The mortgage crisis is a clear instance of consumers who needed protection. There was predatory lending to people who didn't know what they were doing. "

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" The American people will eventually get hurt by this accumulated deficit. That's the problem. We have too much deficit. We have to find a solution. "

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" The best philosophers were not academics, but had another job, so their philosophy was not corrupted by careerism. "

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" The next time you experience a blackout, take some solace by looking at the sky. You will not recognize it. "

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" Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money. "

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" The Internet allows the small guy a global marketplace. But technology is harmful in the sense that we get too much information from it. Because of the web we get 10 times the amount of noise we ever got, which makes harmful fallacies far more likely. "

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" There are two types of people: those who try to win and those who try to win arguments. They are never the same. "

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" I've been telling anyone willing to listen that banks have a tendency to sit on time bombs while convincing themselves that they are conservative and nonvolatile. "

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" People employed in financial institutions are rarely interesting and even more rarely likable. "

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" Banking is a very treacherous business because you don't realize it is risky until it is too late. It is like calm waters that deliver huge storms. "

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" I don't go to the doctor except when I'm very ill, and when I go to India, I drink a drop of local water. "

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" A good maxim allows you to have the last word without even starting a conversation. "

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" The key to wealth is that it doesn't matter. Once you've had it, you don't think anything of it; you can wear cheap watches. "

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" I'm a capitalist but one who is smallist and localist, and who favours businesses where owners are still in charge. "

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" Paul Krugman is a danger to society! "

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" We humans lack imagination, to the point of not even knowing what tomorrow's important things will look like. "

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" Years ago, I noticed one thing about economics, and that is that economists didn't get anything right. "

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" The grandchildren should not bear the debts of the grandparents. "

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" The people I go after are the false experts, those who do not accept the limits of their knowledge. "

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" I don't read the papers; I stopped reading the papers. I read the papers only during periods of crisis, and I think papers are too long on a regular day and too short days when we have a crisis. "

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" Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. Put money away, and then you can live with much more freedom. "

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" I hated school because I liked to daydream and the system tried to stop me from that. "

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" Poverty is clearly one source of emotional suffering, but there are others, like loneliness. "

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" If you are in banking and lending, surprise outcomes are likely to be negative for you. "

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" What we do today has nothing to do with capitalism or socialism. It is a crony type of system that transfers money to the coffers of bureaucrats. "

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" Alan Greenspan is unskilled; you don't take the unskilled seriously. "

Nassim Nicholas Taleb