“After seeing a movie that dramatizes nuclear war, they worried more about nuclear war; indeed, they felt that it was more likely to happen. The sheer volatility of people's judgement of the odds--t...”

“People who think they know what they are talking about when they talk about baseball include the announcers and all of the sports press - no matter how much evidence you present them to the contrar...”

“The lesson of Buffett was: To succeed in a spectacular fashion you had to be spectacularly unusual.”

“foodstuffs absolved of the obligation to provide vitamins and minerals cavorted with reckless abandon.”

“When you are a pessimist and the bad thing happens, you live it twice," Amos liked to say. "Once when you worry about it, and the second time when it happens.”

“On Wall Street, the lawyers play the same role as medics in war: They come in after the shooting is over to clean up the mess.”

“In fact this is precisely the logic on which the Bank of Englandthe first successful modern central bankwas originally founded. In 1694, a consortium of English bankers made a loan of 1,200,000 to ...”

“When you need to borrow money the Mob seems like a better deal I think. 'You don't pay me back I break both yer legs.' Is that all? You won't take my house or wreck my credit rating? Fine where do ...”

“...If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving...”

“Do what you can with all love and passion irrespective of whether it pays you well or not. Joy in the result lives longer than the joy in the reward.”

“Americans are following a stampede to the financial slaughterhouse. Let us stop following them and go in the other direction.”

“Thou shalt not forget that money is only money and not character or fame.”