The Zurich Axioms: The rules of risk and reward used by generations of Swiss bankers

by Gunther Max

Refusing to be wrong is the wrongest response of them all.

Distrust anyone who claims to know the future, however dimly.

The trick, he said over and over again in any number of contexts, is to disregard what everybody tells you until you have thought it through for yourself.

“And it would avail nothing to count votes . . . for in the matter of a difficult question, it is more likely that the truth should have been discovered by few than by many.”