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Industry Quotes

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Industry Quotes

“I would ask: Given the nature of free-market capitalism - where the rule is to rise to the top at all costs - is it possible to have a financial industry hero? And by the way, this is not a pop-culture trend we're talking about. There aren't many financial heroes in literature, theater or cinema.”

“Everybody who works in the computer industry is in an industry that didn't exist twenty-five years ago. We are talking on cell phones, and there were no such things. All the people who work for Nextel and so on, those are lost jobs that became found jobs. We are in a constant state of changing, and there are numerous opportunities in a time like this, but people are still going back to the fear.”

“But at the same time, the film industry just got torched. The risk tolerance for the types of movies we're talking about is lower, and the reason for that is that the captains of the industry were asleep at the switch when their core business was being disrupted. And they're never getting it back. In a way, it makes it all the more exciting when the good ones get through.”

“For me, working in the fashion industry is about getting to meet the minds behind the brands. Sure, there are nice dinners, events and shows - even the occasional freebie - but the best part is getting to sit down with and talk to people that have done great things. You quickly realize that no matter who you're talking to, how famous, brilliant or wealthy they are, they are just "people."”

“I had a period after touring the first record where I didn't agree with the way things worked in the music industry as far as how you release music, demand, the pace of everything. You don't know who's talking to you. Who's Spotify? Who's iTunes? Who are all those bloggers? Who says I have to do this? Why do you have to do all this press? Why do I have to do so many shows? Why do I have to do a regular album right now? I don't understand it.”

“It is not simply that these two cities are perched side by side at the edge of the Pacific; it is that adolescence sits next to middle age, and they don't know how to relate to each other. In a way, these two cities exist in different centuries. San Diego is a post-industrial city talking about settling down, slowing down, building clean industry. Tijuana is a preindustrial city talking about changing, moving forward, growing. Yet they form a single metropolitan area.”

“Oil now, as a result of the Saudi production, is priced so low that there are not going to be new fracking investments made. A lot of companies that have gone into fracking are heavily debt-leveraged, and are beginning to default on their loans. The next wave of defaults that banks are talking about is probably going to be in the fracking industry. When the costs of production are so much more than they can end up getting for the oil, they just stop producing and stop paying their loans.”