Those cycles don't exist – that's not what history is like. Disasters keep coming along at random intervals, they are not normally distributed... That's hard for our brains to deal with… we don't like the idea that history is just a lot of random shocks without any predictable features.

I am not a big fan of the word hope, I am a big fan of the word determination. Being determined is a moral position, when you are depend on the word hope you are lazy.

I actually encrypt my wishes and goals into the things I do. There are creative ways for each of us to embed our wishes into our daily lives, but we have to set those wishes to start with.

The traditional sources of capital for ideas — investment, charity, rich relatives, grants — are nowhere near sufficient to the number of good ideas in the world. Now, the internet has democratized this, and you don't need to be wealthy to be a patron. You can help bring something to life with $10 because you like the project, not because you see it as a financial return.

He was a powerful figure who amassed considerable wealth for a select few—if they were fortunate and early enough in his scheme. Despite the exorbitant returns that should have raised eyebrows, those benefitting often turned a blind eye, choosing not to question the source of their profits. Yes, there were individuals who asked probing questions, but Madoff had crafted such an aura of invulnerability around himself that any questioning was met with swift exclusion from his investment circle. He was effectively untouchable.

The Chinese government has realised that to fuel capitalism, an atheistic, communistic, civil-religion will never propel growth. They realise that their system, frankly, will not support the growth or creativity to create the new technologies and companies that are necessary.

The greatest leaders have humility. A good leader is a humble leader. A good leader listens to people, gets other inputs, admits when they're wrong… and that boils down to humility; it's the single most important characteristic that I see in leaders.

Consider the adoption rates of various technologies: for telephone and electricity, it took approximately 15 years to jump from a 50% to 75% market share. With the advent of the internet and computers, that span dropped to 10 years. Television achieved this in only 5 years. But smartphones? They shattered all records with a mere 3-year period.

When it comes to the growth of knowledge, you need to double down on the capacities you already have; you want to build on cities that possess a foundation. When you build in a remote location, costs skyrocket, attractiveness is hard to engineer, and the complementarities that help knowledge stick to a place simply aren't there.

It feels to us that the festival is owned by the people, and me and my Dad are kind-of custodians of it. In that sense, it's a bit like a sailing ship… me and my Dad drive it, but the ship is made of a few hundred people.

There is a phrase, tell me what you pay attention to, and I will tell you who you are. That is how I would see the quest for authenticity.

We want to be influenced because we want to be right. We want to take the more adaptive strategies in any situations in order to have good outcomes. It's an evolutionary psychological adaptation.