Albert Wenger on The World After Capital
Explore an archive of more than 3,000 quotes.
None of this is new. The Romans traded forward contracts in commodities 2000 years ago; a Dutch fugitive, Isaac le Maire, conducted the first ever bear attack on a stock in 1610, leading also to the first ever regulatory ban on short-selling that same year.
Child labour is one of the worst violations of human rights, it's an affirmation that we don't respect the freedom and dignity of children in our society.
Emotional intelligence however is a skill that is learned and learnable. We learn it in life- and we can be trained in it. It's not enough to have someone come and talk to your team about why it's important however, it's something that needs practice, something that you have to work at.
There's a very strong relationship between depravation and drug use in many western cultures. It's not the sole reason- you do get the rich and mega-privileged using drugs... You can't go shouting from the rooftops that it's all about depravation... a lot of it is... but there are other social factors, personal factors, genetic factors and economic factors – all mixed into the pot.
The layers of compliance that appear in companies are basically what the company does to protect itself against bad judgement. They build guardrails. At Netflix, we decided to flip that around – rather than building systems to protect ourselves from bad decisions, we built systems of judgement.
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