Here was Steve Jobs and Bill Gates- two young guys, under the age of 30, talking about their noble cause of empowering knowledge workers with tools for the mind, making them incredibly productive, and helping them to change the way things were done in our world; creating entirely new industries in the process.
— John Sculley CEO of Apple Computer Company during the 1980s and 1990sWhen most people are asked questions, they try to jump into the other person's mind and second-guess what they're supposed to be saying. They want to sound interesting… they want to sound smart, like a mogul who's on the cover of Forbes. I just want to tell it like it is…
40% of the total number of products bought in fashion eCommerce are never used, what a total waste.
I think behavioural economics has now become an accepted part of the thinking on markets- it's generally accepted that people's decision making is heavily influenced by emotional state and various other behavioural biases in comparison to previous models that assumed rational decision making in the markets.
I'm also very conscious that my life was saved, and I decided, very early on, to make mine a life worth saving. I don't fritter my days away. I try to do something worthwhile each day, and with that I've become a very happy person.
Adversity, I believe, is vital. It's the crucible where strength is forged. Without struggle, without battles to face, we remain static, unable to grow. Extreme experiences, where the intensity of life is palpable, have been instrumental in my evolution as a person.
If you eliminate dynamism, you don't have growth for anybody, everyone loses. Rather than just having some people who are disadvantaged, everyone becomes disadvantaged.
Until now, we had an insolvency problem – but we didn't have a liquidity problem that could trigger that insolvency because interest rates were so low. Now they're rising, and the mother of all debt crises is going to occur.
we make ourselves miserable, or we make ourselves happy. The amount of work is the same…
What's special about it as a science subject is that it is so awkward, it doesn't lend itself to easy solutions. It's a multi-factorial problem, very different to- for example- the question of what causes influenza?
In the long-term there is no way to reconcile the conflict of interest between serving the user and the advertiser.
My role as a judge is to make sure that to the best of my ability, the right outcome happens in a case – and parties understand what the outcome is, and that my decision is not based on anything woke, or politically correct, but is based on the facts I see before me.
We end up living in the world virtually through the ideas that we conceive.