.. it is about the distortions of symmetry and reciprocity in life: if you have the rewards, you must also get some of the risks— not let others pay the price of your mistakes. If you inflict risk onto others and they are harmed, you need to pay some price for it.

Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.Â

For life to be really fun, what you fear should line up with what you desire.

You need to keep reminding yourself of the obvious. Charm lies in the unsaid, the unwritten, and the undisplayed.

Stoicism is about the domestication of emotions, not their elimination.

Charm is the ability to insult people without offending them, nerdiness the reverse.

The track record of economists in predicting events is monstrously bad. It is beyond simplification it is like medieval medicine.

Missing a train is only painful if you run after it! Likewise, not matching the idea of success others expect from you is only painful if that's what you are seeking.

Light control works; close control leads to overreaction, sometimes causing the machinery to break into pieces.

The excess energy released from overreaction to setbacks is what innovates!