“Rather than the emerging markets, or weaker economies, this problem originated in the most sophisticated and advanced financial markets because those are the markets where leverage was the greatest and people took the most advantage of it.”
— John Brynjolfsson
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The quote archive

Wisdom in fragments

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

We even regulate toy guns, by requiring orange tips — but lawmakers don't have the gumption to stand up to National Rifle Association extremists and regulate real guns as carefully as we do toys.

— Nicholas Kristof

Pulitzer Prize-Winning Journalist & New York Times Columnist

Since citizens' militias are anachronistic, gun owners now use the second amendment merely to defend individual gun ownership, as if that somehow offers protection against tyranny. A reckless, right-wing Supreme Court has agreed with them. As a result, gun ownership has become perversely linked to freedom in the vast gun-owning American sub-culture. But, instead of protection of freedom, Americans nowadays are getting massive bloodshed and fear.

— Jeff D. Sachs

Economist & Director of UN Sustainable Development Solutions Network

Transparency is paramount. We have to make sure that we have sufficient transparency in the investments we are making, to be able to manage risk for our clients.

— Dr. Kevin Anderson

Climate scientist and energy systems researcher at University of Manchester

A corporate bond is ultimate a long-term loan structured in the form of a bond. Corporate entities are not default-remote and are not guaranteed to pay-back their debts.

— Dr. Kevin Anderson

Climate scientist and energy systems researcher at University of Manchester

Sovereign debt is reasonably unique in that there are no underlying assets one can claim unlike corporate bonds.

— Dr. Kevin Anderson

Climate scientist and energy systems researcher at University of Manchester

Investors who previously thought that sovereigns were a quasi-risk-free asset have been challenged in that respect. Domestic local-currency sovereign debt is certainly not risk-free. It very much depends on the willingness and ability of the sovereign to pay-back its debt!

— Dr. Kevin Anderson

Climate scientist and energy systems researcher at University of Manchester

Before you think about the alpha, you have to think about the client's beta.

— Dr. Kevin Anderson

Climate scientist and energy systems researcher at University of Manchester

The only source of value in our business is the consumer's desire for the product. That desire is built on emotions ascribed to diamonds.

— David Prager

All the market research we have done shows that consumers use diamonds to mark special moments in their lives because they are timeless, have been in the ground 3 billion years and are unique.

— David Prager

Diamonds are rare, there haven't been any major finds for over 20years, and there are no major mines on the horizon. Demand- particularly in China and India- is growing rapidly, and in the very near future we will see demand outpace plateauing supply.

— David Prager

More than just being a luxury item, they are pieces that represent milestone moments- that's why they're important.

— David Prager

The truth is nobody needs a diamond. You don't need a diamond to heat your home, run your car or power your cell-phone. As a business, it's clear to us that there is only one source of value for diamonds- and that is the consumer's desire for the product.

— David Prager

The cost of inaction far exceeds the cost of action. Every day we delay comprehensive HIV programs, we're not just counting dollars - we're counting lives.

— Dr. Stefano Bertozzi

We've transformed HIV from a death sentence to a manageable chronic condition, but prevention remains our greatest challenge. We need to reach the most vulnerable populations with the tools we have.

— Dr. Gottfried Hirnschall

What makes HIV so challenging is its ability to integrate into the host genome and establish latency. This is why we haven't been able to cure it yet - the virus literally becomes part of us.

— Dr. Robert Gallo

Co-discoverer of HIV as the cause of AIDS

The virus doesn't discriminate, but our response to it has. We've seen how stigma and discrimination have fueled this epidemic more than the virus itself ever could.

— Brian West