Wisdom in fragments

…the question is not can they reason? Or can they talk? …But can they suffer?

Founder and President of People for the Ethical Treatment of Animals (PETA)

This is the most inefficient system you could possibly imagine. It takes 6-10Lbs of grain or fodder to go into an animal and, in turn, yield 1Lb of protein.

Founder and President of People for the Ethical Treatment of Animals (PETA)

You actually see behaviours that show this when people say, 'Oh don't show me that photograph or film, I can't bear to watch that because I love my steak!' When else would we say that? Would you hear people saying, 'oh don't show me those child labour photographs because I love my nighties!' These behaviours are an admission that we know something is wrong.

Founder 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. 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.

Founder and President of People for the Ethical Treatment of Animals (PETA)

An increasingly number of companies see their brand as the platform for running their business. The brand creates an identity for the product and/or company in the marketplace. It requires the company to think deeply about its mission, vision, and values. The company has to work hard at developing the image that it wants customers to have of the offering. The brand must not only convince prospective customers and draw them to the brand but also be deeply believed in by the employees and other stakeholders of the company.

Father of Modern Marketing & Prolific Management Author

It's clear to me that small businesses, particularly micro-enterprises, have been responsible for the majority of the gross job creation in the last five years... particularly through the recession....

People have always been entrepreneurs, what's changed is connectivity. We can now relate to people all over the world and get to market really quickly. You could generate traffic in 24 hours, and sell within a week. It's incredible.

Author of "The $100 Startup" and lifestyle design expert

The most common is deferring action and getting stuck in paralysis... The second most common is finance... Investing too much in unproven concepts for example. People can, and should, start their businesses as micro-enterprises to test their concepts and reduce risks.

Author of "The $100 Startup" and lifestyle design expert

One of the things I'm interested in encouraging people to think about is the whole area of risk. 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.

Author of "The $100 Startup" and lifestyle design expert

I think it's about usefulness! People talk of 'following your passion' but there are plenty of things people are passionate about that nobody will pay them money for, so you can't just tell someone to just follow their passion. The missing piece? usefulness... We say the magic formula is: Passion + Usefulness = Success.

Author of "The $100 Startup" and lifestyle design expert

Imagine you have to walk through a field that has a few land mines scattered through it. If you walk through it and nothing happens, it seems there is no danger. If you walk across it enough times, you'll step on a landmine. Traditional risk management simply fails to account for the fact that the most dangerous risks are those which occur infrequently and don't show up in track-records.

Author of Market Wizards & Hedge Fund Expert

More money has been lost on the mismeasurement of risk than not having risk management at all. The battle is not won through being attuned to risk control. If your measurement of risk is completely wrong, it could be worse than having nothing in place.

Author of Market Wizards & Hedge Fund Expert

If you asked most people to categorise good trades and bad trades, you would find the answers to be quite simple… If it makes money it's a good trade, and if it loses money, it's a bad trade. That's not true at all… There's a very simple test to see whether something was a good or bad trade. You have to ask the question: 'If I was faced with the exact same information and circumstances again, would I still make the same trade?'. If the answer is yes, then it was not a bad trade.

Author of Market Wizards & Hedge Fund Expert

The diversity of strategies people use is truly remarkable, I saw people using completely different strategies to the degree that if I had set out to invent 15 different strategies for a fictional work…. I couldn't have made the strategies more different to the ones I saw in real life! This illustrates a point I have made in all my works insofar as there really is no 'holy grail' or single style that is most effective.

Author of Market Wizards & Hedge Fund Expert

most of the half-trillion dollars received by Africa since the 1960s has funded military coups and civil wars, not economic development. Between 1982 and 1985, Zimbabwe spent $1.3 out of $1.5 billion of foreign assistance on arms and ammunition.

Economist and author specializing in terrorism financing and shadow economy

what turns a developing into a developed nation is not the amount of foreign aid it attracts, but how the money is spent.

Economist and author specializing in terrorism financing and shadow economy