From 600+ conversations with the world’s leading thinkers.
Even though Brent has been successful in terms of becoming a larger and more liquid benchmark, it is the 'least worst' option.
You cannot just say to people, 'oh be creative' and then there will be a waste of time. You have to be very clear in what you are looking for and listen to people.
Size continues to be important, but is no longer the main factor shielding the powerful from the challenges of newcomers and new arrivals.
You have to get under the skin of every employee, becoming a chief meaning officer, giving your team purpose, getting everyone on the same page. You have to make sure your entire team knows where they're going, how they're going to get there, and what's in it for them.
Being an entrepreneur is no harder than working for someone else; it's simply a different experience. I completely agree that the whole narrative of entrepreneurship being excessively hard is exaggerated and fundamentally untrue.
I assumed this was just a fact of life in the UK, but because I saw the warmth of some people's welcome in the business community in particular, I overlooked it…
I often hear people say that everything that matters must be measured, and if it can't be measured, it doesn't matter. I believe the absolute reverse. Nothing that matters can be measured.
We do show that there is a predictive effect which is quite consistent over time! In our paper we report an 86% accuracy in predicting the up and down movements in the Dow Jones three or four days out. The question is how you turn that into a money making strategy. It could be- for example- that you lose ALL your money in that other 14%!
Our mission is to expand the economic sphere of influence of humanity off the surface of the planet and into the solar system. Currently we have a vibrant economy in space that goes out to the geostationary belt- where the communication satellites are- and it stops.
I think in the past, it was more of a zero sum game, and now I think we can play in a positive sum game, which really plays into the whole greenhouse concept, because we can all actually grow together and not feel like we are needing to take in order to achieve.
I haven't remained still since I started in business, I am always moving forward, always looking ahead. I have always said 'the sky is the limit' and have lived by that motto every day.
If people tell me, 'you're the mean shark', I say 'no I'm not, I'm the nicest shark – I tell the truth. And if you can't get past me on shark tank, wait until you get in the real world – you'll get shredded.