Since 1998, the effective return to hedge-fund clients has only been 2.1% a year... never in the history of Finance was so much paid by so many for so little.
— Simon Lack“We advocate for a 'feminist moonshot' approach, symbolized by the dandelion. The dandelion, a resilient flower and weed found on all continents, symbolizes our efforts. Despite its reputation as a nuisance, it's a plant I've grown to admire for its beauty, deep-rooting ability that rejuvenates the soil, and its edible qualities. Its seeds, spread by children, represent the spreading of our positive narrative towards a cleaner, healthier, more equitable world.”— Mary Robinson
First Female President of Ireland & UN Human Rights Commissioner
The quote archive
Wisdom in fragments
A growing archive of 3,000+ moments, drawn from every interview.
If all the money that's ever been invested in hedge funds had been put in treasury bills instead, the results would have been twice as good.
— Simon LackThere'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.
— Prof. Griffith EdwardsPioneer of addiction medicine and alcohol dependence research; founded modern addiction psychiatry
What is obvious is that the first reason people use drugs is that they're there. You can't use drugs unless they're there, and they're cheap for your pocket or for the fruits of your stealing! For that reason, we need to get a deeper understanding of the fundamental question of why drugs are available on our streets.
— Prof. Griffith EdwardsPioneer of addiction medicine and alcohol dependence research; founded modern addiction psychiatry
You can't get addicted to drugs unless you're exposed to them. You have to be exposed in situation where you can determine the dose. If you take the drug long enough and in a high-enough dose… most drugs which are addictive, will give you withdrawal symptom… making you feel rotten, and giving you another reason to take more.
— Prof. Griffith EdwardsPioneer of addiction medicine and alcohol dependence research; founded modern addiction psychiatry
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?
— Prof. Griffith EdwardsPioneer of addiction medicine and alcohol dependence research; founded modern addiction psychiatry
Because Peter Paul Rubens signed his name to his paintings (several of which were finished by his artisans), they commanded a higher price. Today, the famous contemporary glass artist, Dale Chihuly puts his name on every work of glass although he never makes any of it.
— Philip KotlerFather of Modern Marketing & Prolific Management Author
Think of 'branding' as burning in a name on an animal such as a cow so that the cow's owner would be known. This protects the owner in the event that the animal is stolen. But we can use the name 'branding' whenever anyone affixes their name to something that is available for sale.
— Philip KotlerFather of Modern Marketing & Prolific Management Author
It's naïve to think that financial markets are not part of the battlefield.
— James RickardsCurrency expert & author on financial threats to national security
The value of the Rial dropped over 40% in two days. This was a clear currency collapse! It immediately injected hyperinflation into some areas of the Iranian economy as merchants who wanted to import suddenly had to double their local currency prices.
— James RickardsCurrency expert & author on financial threats to national security
A foreign power using financial resources to create hedge-funds or other anonymous players who would gain leverage and trust and be viewed as just another hedge-fund with a funny name based out in the Cayman islands. People would be unaware of their true attentions and then on a certain day, they could act in co-ordination and flood the market with sell-orders.
— James RickardsCurrency expert & author on financial threats to national security
Cyber-threat is the single most serious threat faced by the markets. The United States is very good at cyber warfare and counter warfare, but so are others. This is what we call 'asymmetric' warfare where adversaries have been able to level the playing field.
— James RickardsCurrency expert & author on financial threats to national security
We make ourselves miserable, or we make ourselves happy. The amount of work is the same…
— Carlos CastanedaAuthor of "The Teachings of Don Juan" & Controversial Anthropologist
The awareness of life as being finite allows them (somewhat counter-intuitively) to live… This doesn't necessarily mean being reckless, but rather that they engage in activities which are positive for their well-being- things like travel, education, spending time with family and friends, and so on.
— Not specifiedPeople underestimate their personal probability of encountering negative …it is not so much that individuals believe that negative events will not happen, but rather that these events are relatively unlikely to happen to them.
— Frank McKennaFormer Premier of New Brunswick & Canadian diplomat and businessman
When you have high levels of indebtedness and big deficits… if you simply impose fiscal austerity, you may not be able to achieve your targets because GDP will begin to contract and that will place much greater pressures on the fiscal side.
— Larry Hatheway