We go to war not because we ignore the costs, but because we know there are costs, but we are willing to pay those costs because we get something from the war which we wouldn't get otherwise.
— Christopher BlattmanAs Carl von Clausewitz said, 'no plan survives first contact with the enemy.' It's not about having a plan, it's about planning. When you are in a fluid situation, things change, and you have to adapt quickly. You cannot freeze into inaction.
China will soon be the world's largest economy and is a state-capitalist nation meaning that the government controls the largest part of the economy. Unlike free markets, that means that finance is necessarily a critical tool of government. In China though, major corporations are a tool of government and so if we're moving to a world where China is going to be dominant economy, by definition finance will be their weapon.
Alzheimer's starts its destructive process 30 years prior to its typical diagnosis. Therefore, when considering the prevalence of this disease, we're speaking of 7 million diagnosed patients in the US. But then, one might ask, how many Americans currently have the initial stages of Alzheimer's, characterized by amyloid plaques, cell death, tangles, and inflammation, already festering in their brains? I concur with the higher estimates, suggesting around 40 million people.
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.
When you're behind a camera, you have this incredible power to freeze a moment in time. But with that power comes responsibility. You're not just taking a picture, you're creating a narrative, you're telling a story.
Warren Buffett had a phrase I really liked: You want to give your kids enough to do anything but not enough to do nothing. I set up a plan to create wealth for them—and I wildly overshot that.
The court is primarily interested in the effort made, in the attempt. That is what truly counts.
At most gyms, if you don't show up, nobody cares, and that's the truth. I love gyms, but if you don't show up, nobody will call you, nobody cares, they just take your money and have one less body in the room. We were different, we cared, we wanted you to show up.
The theory describes only the way objects interact with one another, without indicating what happens between one interaction and the next one.
Why should a creature that evolved out of slime, which has all the limitations which we do, be able to access this fundamental information about the universe which allows us, for example, to be able to predict the magnetic moment of the electron to a trillion decimal places on the basis of purely mathematical calculation. Why does that work? It is a miracle, it is magic, but it works- and that's the part of magic that's real.
The efficiency trap is very modern, but it's now become a holdover from the Industrial Revolution. If you only relate to time, as if it were a certain kind of 'thing', like a natural resource… something that you could maximise, then you're going to be in a perpetual state of psychological struggle because you won't be using the right conceptual tools to live in time.
Human beings are naturally liberal about these things, human beings are naturally in pursuit of wealth and in pursuit of love and in pursuit of pleasure. I think that happens more in the West or in developed places because it's more accepted there.