Expectation is a statistical fiction, like having 2.5 children.

Samuelson, however, hedged his personal bets - by putting some of his own money in Berkshire Hathaway.

Use "entropy" and you can never lose a debate, von Neumann told Shannon - because no one really knows what "entropy" is.

The more improbable the message, the less "compressible" it is, and the more bandwidth it requires. This is Shannon's point: the essence is its improbability.

The best paradoxes raise questions about what kinds of contradictions can occur-what species of impossibilities are possible.

The best strategy is one that offers the highest compound return consistent with no risk of going broke.

The ultimate compound return rate is acutely sensitive to fat tails.

In real conversations, we are always trying to outguess each other.

The story of the Kelly system is a story of secrets - or if you prefer, a story of entropy.

A bit is worth 10,000 basis points.

The assumption that anything true is knowable is the grandfather of paradoxes.

I mean, my age is just a number. So what if you were born in the era when they still used rotary phones and cassette tapes? I think it’s cute.

People can try to reinvent themselves. I don't think you can really change who you are, though, because who you are is pretty much where you came from and what you've done up to now.

If you need encouragement, give it. If you need love, give it.Whatever you need, give it away.

You try to - you want to fly on both sides of the political fence because that's where the - where the comedy is.

A lot of actors in my age bracket look at being still standing as pretty good.

Hee stands not surely, that never slips.

Myrnin," she said. "He didn't show up at the rendezvous." "And? Dude's crazy, in case you didn't notice recently. He probally went of the chase butterflys or something

Look, we don't love like flowers with only one season behind us; when we love, a sap older than memory rises in our arms.

A soup so thick you could shake its hand and stroll with it before dinner.

Donkey Kong Country proves that players will put up with mediocre gameplay as long as the art is good.