Some ideas are born as you write then down, others become dead. - Nassim Nicholas Taleb

Two weekends in Philadelphia are not twice as pleasant as a single one — I’ve tried.

at any point in time, the richest traders are often the worst traders. This, I will call the cross-sectional problem: At a given time in the market, the most successful traders are likely to be those that are best fit to the latest cycle. This does not happen too often with dentists or pianists — because these professions are more immune to randomness.

Preoccupation with efficacy is the main obstacle to a poetic, elegant, robust and heroic life.