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Causality is the fabric of the universe, and probability is its language.
The market is a pendulum that forever swings between unsustainable optimism (which makes stocks too expensive) and unjustified pessimism (which makes them too cheap). The intelligent investor is a realist who sells to optimists and buys from pessimists.
Capitalism is the legalized version of greed.
In the oil and gas sector, technology is our greatest ally in reducing environmental impact.
There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.
Form follows function—that has been misunderstood. Form and function should be one, joined in a spiritual union.