“Impact investing starts from the other end. It starts with an issue… this could be a problem, a social issue or so on. Impact investors start with an issue and then try to build a viable, sustainable financial model around that.”
— Nick O’Donohoe

The quote archive

Wisdom in fragments

A growing archive of 3,000+ moments, drawn from every interview.

In biology we are still in a kind of Ptolemaic era with man considering himself the centre of the universe.

— Stefano Mancuso

Plant neurobiologist and founder of the International Laboratory of Plant Neurobiology.

Intelligence is the ability to solve problems. For me intelligence is a property of life. Even the most humble unicellular living organism must be intelligent to solve the problems of everyday life.

— Stefano Mancuso

Plant neurobiologist and founder of the International Laboratory of Plant Neurobiology.

DNA is not life. A single chemical molecule has nothing to do with life. DNA is merely a storage system. Nobody would ever say that the 'Divine Comedy' is the actual paper and ink on which one of its copies is printed, however many influential scientists have supported this nonsensical viewpoint.

— Stefano Mancuso

Plant neurobiologist and founder of the International Laboratory of Plant Neurobiology.

Our body is a community of cells, in which each cell occupies a place appropriate for its tasks on behalf of the whole. Cancer cells, however, are rogues that trespass aggressively into other tissues. Metastasis is what makes cancer so lethal.

— Erkki Ruoslahti

Cell biologist & discoverer of the RGD integrin-binding motif

As two adversaries accumulate a longer history of conflict, their rivalry relationship tends to become 'locked-in' or entrenched, with future conflict becoming increasingly difficult to avoid; characteristics of their past confrontations can hasten or reverse this movement toward rivalry.

— Paul Hensel

At its core lies a universal crisis of legitimacy of the state, and that crisis means many countries will evolve Fourth Generation war on their soil. America, with a closed political system and a poisonous ideology of multiculturalism, is a prime candidate for the home-grown variety of Fourth Generation war.

— William Lind

In the Fourth Generation war, the state loses its monopoly on war. All over the world, state militaries find themselves fighting non-state opponents such as al-Qaeda, Hamas, Hezbollah, and the Revolutionary Armed Forces of Colombia. Almost everywhere, the state is losing.

— William Lind

These institutions walk, talk and act like commercial-organisations and must be treated as such.

— Not Available

The 'beneficiaries' of these loans are just like us- consumers who need to borrow money to create economic opportunity for themselves, their families and their children- they would not wish to be treated as a charity in this regard, and we owe them the dignity of therefore doing business with them in a professional manner.

— Not Available

India's 'un-bankable' millions are not only better re-payers than their 'banked' counterparts in the west, but their demand for credit is outstripping supply by a great degree.

— Not Available

A speculative bubble exists when the price of something does not equal its market fundamentals for some period of time for reasons other than random shocks. [Fundamental] is usually argued to be a long-run equilibrium consistent with a general equilibrium

— J. Barkley Rosser

Mathematician known for Rosser's theorem in mathematical logic and computability theory.

Film is a reflection of society, both present and past.

— Tom Sherak

Unknown.

I made the analogy of earthquake faults- when they get aligned, they either all move, or they don't move- we also have this diversity of micro fault-lines that fail, and I think that's a huge problem.

— Mark Spitznagel

Hedge Fund Manager & Author of "The Black Swan" Risk Management

We have a much more connected marketplace. We have had, what I reckon to be an extremely overvalued stock market since 2000. When you have that situation, you are prone to very sudden negative revaluations.

— Mark Spitznagel

Hedge Fund Manager & Author of "The Black Swan" Risk Management

Here I am the fool looking to fail frequently. I want to either hit a homerun or walk or even strike out. This means I fail far more often than I succeed. But the important point is that what I lose when I fail is trivial, epsilon compared to what I make when I succeed.

— Mark Spitznagel

Hedge Fund Manager & Author of "The Black Swan" Risk Management