Featured Quote

The modifications are not expected to lead to tighter financial conditions for households and businesses and do not signal any change in the outlook for the economy or for monetary policy.

— Federal Reserve Central bank system managing US monetary policy and financial stability

People are individuals, they have to make lives and decide how to live their individuality – and society provides labels to allow that for example, 'I am a man, and here are the things that men typically do, and so I'm going to do those things…' or 'I'm British, that means I must like tea and cricket… or a cheeky Nando's'

Most fundamentally, the subprime bubble was created by- a surfeit of global liquidity due to large current account surpluses in China and other emerging economies and easy global monetary policies; a flawed private mortgage securitization process that funnelled the liquidity into poorly underwritten mortgage and other loans; and weak regulatory oversight that failed to catch and rectify the problems in the securitization process.

I wanted passersby to wonder, 'Have you seen that? What's going on there?' I understood that excellent food would ensure repeat customers, but initially, my primary goal was simply to astonish and differentiate myself radically enough to draw attention.

Ernest Becker proposed that we still worship, it's just that we worship money and political leaders or become members of cults, conspiracy groups or yoga! These are just different ways of dealing with death and anxiety.

Rich, sometimes you treat a wisp of intuition as though it were a four-lane highway. It's not that you shouldn't trust intuition — it's that you need to validate it.

I have not been an urban investor in re-gentrification, which tries to change the character of a community and, candidly, is very speculative. Instead I look at revitalisation, which constitutes investing in existing densely populated and ethnically diverse communities and delivering the goods and services that are sought after but not provided.

For all of us, greatness is there from the off, it's right there in your headspace and mindset. It's sabotaged either by yourself or by what's going on around you. Society restricts us in a way that doesn't allow us to operate at our full potential.

At Stanford University School of Medicine, we seek individuals who are not only masters in their current roles but also visionaries passionate about shaping the future of their fields. We value those who strive to turn their visions into reality. Moreover, we prioritise collaboration. It's crucial to have team members who, while honing their skills daily, are also bold enough to think outside the box—or even question its existence.

When I talk about happiness, envision yourself at the ripe age of 85, comfortably seated on that metaphorical porch, reflecting upon your life. You're thinking, 'Good heavens, I've genuinely led a fulfilling life. I've established a loving family, spent my life with an extraordinary partner, and devoted myself to a profession that's injected an immense sense of purpose into my existence. I have minimal regrets and have maintained a light-hearted, playful approach to life.' This, to me, is what I would categorise as a profound sense of existential happiness.

The 'compare and despair' generation is constantly bombarded with unrealistic portrayals of success, leading everyone to feel inadequate, regardless of their achievements. We all have flaws and recognize our weaknesses, and there will always be someone who seems better in some way.

We do fight a lot of the time. The United States has been at war with somebody (in an active, intensive, pitched-battling sense) for many years of its existence but- importantly- not with most of its potential adversaries. Peace is not so unusual, and perhaps we should also not overestimate the frequency and likelihood of war.

Emotions are the brain's way of making us pay attention immediately to what is most important so that we can react as quickly as possible. In evolution, that meant 'survival' – the rustle in the bushes may be our next meal or may make us its next meal – something that we have to chase, or run away from – and in either case, we don't want to have to stop and think.

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