Hedge funds don't have that asymmetric risk profile problem because, in general, the interests of the hedge fund managers are aligned with their investors. I think only people who are pandering to perceived public passions are blaming hedge funds for the financial crisis.
— Ron Resnick“The first thing to do for our ecology is not to use less electricity, it's to cease buying things that are not useful.”— Philippe Starck
The quote archive
Wisdom in fragments
A growing archive of 3,000+ moments, drawn from every interview.
I personally think that it's only the ignorant and populism pandering politicians who treat the hedge fund industry as a scapegoat for the financial crisis. It was the extremely heavily regulated investment banks who, risking their shareholders' money, levered their firms up to 40:1!
— Ron ResnickI think it's down to what Jeremy Bentham said which is, '…the question is not can they reason? Or can they talk? …But can they suffer?'
— Ingrid NewkirkFounder and President of People for the Ethical Treatment of Animals (PETA)
They have maternal instincts and look after each other as we do… it's not an intellectual thing when a mother protects her child; it's an instinctive behaviour. We value all those things in the human being because we are human beings! But that's pretty short sighted and narrow minded.
— Ingrid NewkirkFounder and President of People for the Ethical Treatment of Animals (PETA)
To me the question is, why are we denying them the obvious rights they should have? They are flesh and blood, they feel pain as we do, they experience joy, they have their own behaviours and their own languages among themselves that they understand and we don't.
— Ingrid NewkirkFounder and President of People for the Ethical Treatment of Animals (PETA)
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.
— Nick O’DonohoeIn the same way that business entrepreneurship has transformed industry since the early 1970's, social entrepreneurship can transform the social sector by having people who are willing to take risks and innovate to help address social issues.
— Nick O’DonohoeThe social sector offers this middle-ground where you've got organisations that have a social purpose. They care about the level of service in a real way, but also have the financial disciplines of a for-profit company as they must be sustainable.
— Nick O’DonohoeImpact 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’DonohoeFor businesses to survive, let alone brands, you need a secure and stable base. You need secure economic and social conditions to reduce risk.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
Brands create demand and, most importantly, they create secure demand. If you have a loyal customer, that gives you more security of income, earnings and employment.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
China realises that he who owns the brand, owns the wealth… For nations, brands give economic control, security and choice and are therefore extremely important.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
The starting point is to realise that brand, in whatever type of organisation, is the most important and sustainable asset you've got. People may leave or die, buildings may dilapidate or fall down, products and services may become obsolete… The thing that lives on is brand.
— Rita CliftonLeading brand strategist and founding partner of Interbrand
If you don't spend a lot of money on something and it doesn't work out… is it really a 'failure'? Most entrepreneurs start a lot of different ventures. Some work better than others, but that's totally normal and expected.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
What really is risky?! In many ways I think it's actually much safer to take things into your own hands rather than trusting your destiny to an uncertain jobs market.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert
Entrepreneurs have to focus on how a business makes money and focus on that rather than the expense side of the business. That also allows you to start quicker and instead of deferring your idea, you could get to market in 30 days.
— Chris GuillebeauAuthor of "The $100 Startup" and lifestyle design expert