Most people are sceptical about the wrong things and gullible about the wrong things.

Fragility is the quality of things that are vulnerable to volatility.

I select a very small number of things to be sceptical about, such as markets, and on these I am hypersceptic. But I want to be fooled by randomness in art. I want the ceremonial of religion; we are made for it.

People have the problem of denial. This is one of the things I learned in Lebanon. Everybody who left Beirut when the war started, including my parents, said, 'Oh, its temporary.' It lasted 17 years! People tend to underestimate the gravity of these situations. That's how they work.

Fear can make all of us do the wrong things sometimes.

Most businesses fail because they want the right things but measure the wrong things, and they get the wrong results.