Now, I Only Play Very Occasionally, And

The Arts Develop Skills And Habits Of Mind That Are Important For Workers In The New Economy Of Ideas.

Regulation Of Derivatives Transactions That Are Privately Negotiated By Professionals Is Unnecessary.

The Probability Of Ten Consecutive Heads Is 0.1 Percent; Thus, When You Have Millions Of Coin Tossers, Or Investors, In The End There Will Be Thousands Of Very Successful Practitioners Of Coin Tossing, Or Stock Picking.

Any Onset Of Increased Investor Caution Elevates Risk Premiums And, As A Consequence, Lowers Asset Values And Promotes The Liquidation Of The Debt That Supported Higher Asset Prices, ... This Is The Reason That History Has Not Dealt Kindly With The Aftermath Of Protracted Periods Of Low Risk Premiums.

The True Measure Of A Career Is To Be Able To Be Content, Even Proud, That You Succeeded Through Your Own Endeavors Without Leaving A Trail Of Casualties In Your Wake.