What is especially compelling for us at Nissan with Formula E is that developing these cars generates a wealth of technical insights that benefit the future of electric vehicles—and vice versa. The flexibility inherent in electrification technology allows for a robust exchange of learnings between the sport and our core business.
— Tommaso VolpeMy fun statement is that if I see the same thing, three times in one week, from disparate news or information sources, I have to move quickly as it's a trend that's likely to happen.
There was a significant psychological barrier; people were afraid of making mistakes and ruining their work. But when they saw this engaging, simple game on the screen, they understood what to do and felt successful. It broke down that fear and made people more comfortable with computers.
Firms like McKinsey are self-reporting that their people are 5x more productive in-flow than out of flow… 500% more productive. That means you can work Monday in-flow and take the rest of the week off – and you'd still get as much done as your peers. Work two days a week? You're now 1000% more productive than the competition.
Nothing in this world has deep enough roots to sustain us. We keep grasping for something in the world that we think will ease our existential pain, but the pain itself is a result of over-identifying with the world.
Early stage investing is very difficult and financially risky meaning that a lot of what we invest in won't work. A lot of what we do is, in effect, pilots to see if individual projects or funds can generate some positive return.
I've sat in front of the chief ideologue in the Moscow Kremlin, and I remember him saying to us in so many words, that 'you cannot govern Russia unless you have a one-party state: Our job in the Kremlin here and now, is not to recreate the communist party, but it's to recreate the one party which will be the natural choice'. He didn't say it would be the only choice, (but I think that's what he meant), of the Russian electorate.
The strongest characteristic of art is that it belongs to the individual. Art is an expression of individualism and the opposite of oppressive dogma.
One of the greatest learnings in my life has been the fact that the sky is really not the limit, after all, there are footprints on the moon. The future of our species will see us travel further, and achieve more, than we could ever predict- so we have to keep our minds open to all possibilities.
The representative agent model (and its descendants) imposed a straightjacket that made it difficult to think clearly about what was going on [in the economy]… To me [Stiglitz], the strangest aspect of modern macroeconomics was that the central banks were using a model in which banks and financial markets played no role.
If you're sourcing trainers from sweatshops, those sweatshops can be filmed on a mobile phone and that can go viral in hours, destroying shareholder value. There are no dark-corners in which supply chains can hide anymore.
God gave me a talent and I have worked extremely hard to fulfil this talent.
I think transparency in this sense is a red-herring. A multi-strategy hedge fund could give an investor or the SEC it's daily trade blotter and accomplish 'transparency,' and the recipient would have no idea what to make of the trades.