“Many hedge fund managers have become billionaires perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.”

“Many hedge fund managers have become billionaires perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.”

“Shopmas now begins on Thanksgiving Day. Apparently, escaping the families you cannot stand to spend another minute with on Thanksgiving Day to go buy them gifts is how some Americans show their affection for one another. Weird.”

“There is a shortage of doctors, and the American Medical Association is aiming to keep it that way.”

“The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.”

“A number of bloggers in economics and the financial sector have risen to prominence through the sheer strength of their work. Note it was not their family connections nor ties to Ivy League schools or elite banks, but rather the strength of their research, analysis and writing.”

“Forecasting is simply not a strength of the species we are much better with tools and narrative storytelling. ”

“It is important for investors to understand what they do and don't know. Learn to recognize that you cannot possibly know what is going to happen in the future, and any investment plan that is dependent on accurately forecasting where markets will be next year is doomed to failure.”