There are a high number of young people who want to set-up businesses, but there is a huge gap between their aspirations/intentions and the actual delivery of setting up a business…. More so with the young than any other age group.

Human intelligence is, for want of a better phrase, a degree of magnitude greater than the intelligence of a Paramecium or, better, of a Chlamydomonas; but the difference is just quantitative and not qualitative.

The smallest male can be dominant based on his social skills. Think about it; nobody walks into a big store in London and assumes the biggest person is the boss! It might be the old man; it might be the young woman!

My favourite question when evaluating a startup idea is, 'Is this from the future?' I'm not interested in your ideas about the future; I want to understand why you are living in it today. Why are you living in a different future right now than other people are?

Most risk managers on Wall St, and practically all staff members in institutions like the Fed, IMF and elsewhere do not understand the statistical properties of risk. I think the notion that the time-series of market moves in large complex markets is not a normal distribution has largely sunk-in.