The calamity of the information age is that the toxicity of data increases much faster than its benefits. - Nassim Nicholas Taleb

Books to me are not expanded journal articles, but reading experiences, and the academics who tend to read in order to cite in their writing — rather than read for enjoyment, curiosity, or simply because they like to read — tend to be frustrated when they can't rapidly scan the text and summarize it in one sentence that connects it to some existing discourse in which they have been involved.

A good predictor is someone who knows *what* to predict.

[In] economics... you can disguise charlatanism under the weight of equations and nobody can catch you since there is no such thing as a controlled experiment. Now the spirit of such methods, called scientism by its detractors, continued into the discipline of finance as a few technicians thought their mathematical knowledge could lead them to understand markets. The practice of financial engineering came along with massive doses of pseudoscience. (page 115)