“Every organization today stands at a crossroads: Adopt technology for convenience-or for consciousness. The first path leads to automation. The second leads to evolution. Those who understand the difference will lead the Renaissance.”
Source: THE CONSCIOUS CORPORATION: Building Soulful AI Workplaces in the Age of Automation | Reinventing Leadership, Work, and Technology through Conscious Design.
“People often associate complexity with deeper meaning, when often after precious time has been lost, it is realized that simplicity is the key to everything.”
“The next era of civilization will not be written in binary-but in balance. AI will make decisions faster; humans must make them wiser.”
Source: WHEN PURPOSE LEARNS TO CODE: A Philosophical, Scientific, and Storytelling Inquiry into the Future of Moral Agency in AI. | Stories and Theories from the Seven Dimensions of Artificial Intention.
“Bullish or bearish are terms used by people who do not engage in practicing uncertainty, like the television commentators, or those who have no experience in handling risk. Alas, investors and businesses are not paid in probabilities; they are paid in dollars. Accordingly, it is not how likely an event is to happen that matters, it is how much is made when it happens that should be the consideration.”
Source: Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
“The truth is that banks are the last feudal kingdoms, their rulers omnipotent, divine warlords. Their key lieutenants are 'ronin' (wandering mercenary samurai) who roam financial markets ready to ally themselves to any warlord for a share of plunder. This is not the place to apply the latest management theory.”
Source: Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives
“Having been forced into being the only game in town, they (Central banks) now find that their destiny is no longer entirely or even mostly theirs to control. The legacy of their exceptional period of hyper policy experimentation is now in the hands of governments and their political bosses (p. 265).”
Source: The Only Game in Town: Central Banks, Instability, and Avoiding the Next Collapse
“People ignore facts which contradict the theory in the mind of the investor. Dis-confirming evidence must be seeked out to beat this theory.”
Source: From the Rat Race to Financial Freedom
“People do not necessarily know what they are doing, because our ability to comprehend even matters that concern us directly is limited – or, in the jargon, we have ‘bounded rationality’. The world is very complex and our ability to deal with it is severely limited. Therefore, we need to, and usually do, deliberately restrict our freedom of choice in order to reduce the complexity of problems we have to face. Often, government regulation works, especially in complex areas like the modern financial market, not because the government has superior knowledge but because it restricts choices and thus the complexity of the problems at hand, thereby reducing the possibility that things may go wrong.”
“Both bull and bear can be your friends.”
“Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops... eventually it all catches you at the same time.”