Active management strategies fail to produce superior returns after fees.
The act of writing is an act of courage.
We are all of us, every day, engaged in the act of creating ourselves.
我是你活着的原因,我是你生存的原因。
The best way to understand a culture is to read its stories.
In auctions, the winner's curse is not that you win, but that you pay too much for what you win.
The more you can increase the fear of failure, the more you can motivate people to avoid it.
Success in farming comes from understanding both the land and the people who work it.