Conduct yourself toward your parents as you would have your children conduct themselves toward you. - Nassim Nicholas Taleb

The economics establishment (universities, regulators, central bankers, government officials, various organisations staffed with economists) lost its legitimacy with the failure of the system. It is irresponsible and foolish to put our trust in the ability of such experts to get us out of this mess. Instead, find the smart people whose hands are clean.

Usually, what we call a “good listener” is someone with skillfully polished indifference.

Truth is in the extremes. There is no noise in the far tails.