The more complex the world, the less you can grasp it from academic studies. - Nassim Nicholas Taleb

We are quick to forget that just being alive is an extraordinary piece of good luck, a remote event, a chance occurrence of monstrous proportions.

People feel deep anxiety finding out that someone they thought was stupid is actually more intelligent than they are.

Public companies, like human cells, are programmed for apoptosis, suicide through debt and hidden risks. Bailouts invest the process with a historical dimension.