Last Update: November 28, 2017

Correlation does not imply causation.

Skate to where the puck is going to be, not where it is. (Wayne Gretzky)

Rien n'est plus beau qu'un corps nu. Le plus beau vêtement qui puisse habiller une femme ce sont les bras de l'homme qu'elle aime. Mais, pour celles qui n'ont pas eu la chance de trouver ce bonheur, je suis là. (Yves Saint Laurent)

Football is a simple game. Twenty-two men chase a ball for 90 minutes and at the end, the Germans always win. (Gary Lineker)

Threat is stronger than execution. (Aron Nimzowitsch)

Il semble que la perfection soit atteinte non quand il n'y a plus rien à ajouter, mais quand il n'y a plus rien à retrancher. (Antoine de Saint-Exupéry)

Alle Ding' sind Gift, und nichts ohn' Gift; allein die Dosis macht, daß ein Ding kein Gift ist. (Paracelsus)

A developed country is not a place where the poor have cars. It is one where the rich use public transport (Petro Gustavo, Mayor of Bogotá)

No colour, no flavour! (Gordon Ramsay)

The market is there to serve you, not to instruct you. (Benjamin Graham)

Simplicity is the ultimate sophistication. (Leonardo Da Vinci)

Risk comes from not knowing what you're doing. (Warren Buffett)

The rich invest in time, the poor invest in money. (Warren Buffett)

The supreme art of war is to subdue the enemy without fighting. (Sun Tzu)

A leader leads by example, not by force. (Sun Tzu)

Civilized people don't buy gold.  (Charlie Munger)

La mode passe, le style reste. (Coco Chanel)

The scientist describes what is; the engineer creates what never was. (Theodore von Karman) 

Art would be useless if the world were perfect, as man wouldn’t look for harmony but would simply live in it. Art is born out of an ill-designed world. (Andrei Tarkovsky)

Nothing is agreed until everything is agreed. (A standard principle in international negotiations)

To the man with only a hammer, every problem looks like a nail. (Anonym)

The time to buy is when there's blood in the streets. (Baron Rotschild)

Never ask a barber if you need a haircut. (Warren Buffett)

Do or do not, there is no try. (Yoda)

It's a very simple set of ideas; and the reason that our ideas have not spread faster is they are too simple. The professional classes can’t justify their existence if that’s all they have to say. It’s all so obvious and so simple. What would they have to do with the rest of the semester? (Charlie Munger)

I have a deep distrust in master planning. People get to believing the plan because they created it. What is needed is the kind of propensity to disbelieve by changing your previous conclusions. And we're very good at that, thank God. (Charlie Munger)

Where you are headed is more important than how fast you are going. (Ann S. Moore)

The essence of strategy is choosing what not to do. (Michael Porter)

I've missed more than 9000 shots in my career. I've lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I've failed over and over and over again in my life. And that is why I succeed. (Michael Jordan)

You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life. (Steve Jobs)

Well first of all, tell me: Is there some society you know that doesn’t run on greed? You think Russia doesn’t run on greed? You think China doesn’t run on greed? What is greed? Of course, none of us are greedy, it’s only the other fellow who’s greedy. The world runs on individuals pursuing their separate interests. The great achievements of civilization have not come from government bureaus. Einstein didn’t construct his theory under order from a bureaucrat. Henry Ford didn’t revolutionize the automobile industry that way. In the only cases in which the masses have escaped from the kind of grinding poverty you’re talking about, the only cases in recorded history, are where they have had capitalism and largely free trade. If you want to know where the masses are worse off, worst off, it’s exactly in the kinds of societies that depart from that. So that the record of history is absolutely crystal clear, that there is no alternative way so far discovered of improving the lot of the ordinary people that can hold a candle to the productive activities that are unleashed by the free-enterprise system. (Milton Friedman)

A students work for the B students, C students run the businesses and D students get the buildings named after them. (A wise guy I met in Chicago)

Sophistication does not guarantee success. (A wise guy I met in Munich)

I wouldn't recommend an MBA. I'd say no MBA needed. An MBA is a bad idea. It teaches people all sorts of wrong things. They don't teach people to think in MBA schools. And the top MBA schools are the worst. Because they actually teach people that you must be special, and it causes people to close down their feedback loop and not rigorously examine when they are wrong. I hire people in spite of an MBA, not because of one. If you look at the senior managers of my companies, you'll see very few MBAs there. (Elon Musk)

If you’re not failing, you’re probably not trying as hard as you could be. And being petrified of failure means you’re going to be probably a very extreme underachiever. (George Church)

With four parameters I can fit an elephant, and with five I can make him wiggle his trunk. (John von Neumann)

If you torture the data long enough, it will confess to anything. (Ronald Coase)

Learn the rules like a pro, so you can break them like an artist. (Pablo Picasso)

Any aesthetic quality is usually enhanced by the presence of a counterpoint. (An architect)

It doesn't make sense to hire smart people and then tell them what to do; we hire smart people so they can tell us what to do. (Steve Jobs)

Drinking means borrowing happiness at a high interest rate. (A wise guy I met at Art Basel 2017)

If I had asked people what they wanted, they would have said faster horses. (Henry Ford)
People are too quick to believe that the present differs from the past. (Robert Shiller)

History is history. (A wise and funny colleague) 

Zukunft ist Zukunft. (The same wise and funny colleague)