Quotessence
Home / Topics / Trade Offs Quotes

Trade Offs Quotes

Browse 74 quotes about Trade Offs.

Related topics

PeopleThinkingIfs

Trade Offs Quotes

“Every entrepreneur faces trade-offs when founding and growing their company. As we discovered at YouTube, those early decisions have far-reaching impacts and lead to unforeseen pitfalls down the road. Noam Wasserman uses vivid anecdotes and deep research to expertly outline the key early choices that define a startup, making The Founder's Dilemmas an invaluable alternative to real-world trial and error.”

WorldRealUseFacesChoicesDecisionCompanyGrowingKeysResearchTradeImpactEntrepreneurErrorsTrialsAlternativesReachingReal WorldFoundersFoundingVividFalling DownYoutubeDilemmaOutlinesDown The RoadInvaluableAnecdotesTrial And ErrorPitfallsUnforeseenTrade Offs
Author:Chad Hurley
Create image

“You all know I have terminal cancer—and I have a lot of it. But what you may not know is that stress induces its spread and induces its activity. Stress may even bring it on. Yet stress is the fuel of the activist. This activist loves Oregon more than he loves life. I know I can't have both very long. The trade-offs are all right with me. But if the legacy we helped give Oregon and which made it twinkle from afar—if it goes, then I guess I wouldn't want to live in Oregon anyhow.”

IfsKnowsWantGivingMayLongMadeI CanActivityStressTradeCancerSpreadMade ItLegacyFuelLove LifeActivistAfarTerminalOregonTrade OffsTerminal Cancer
Author:Tom McCall
Create image

“I don't enjoy the diminishing agility of the body!I had knee surgery and I no longer can go do three yoga classes and run. It's not as much fun, physically. But emotionally, it's way more fun. I am so much happier and contented and less agitated - I'm just calmer. So it's like everything in this human existence, it's a trade off - it's like you trade the virility of the body for the agility of the spirit. That's a good line. I have to remember that!”

WayHumansBodyRunningRememberSpiritThreeFunEnjoyLinesExistenceClassLike YouYogaTradeKneesSurgeryHuman ExistenceAgilityTrade OffsCalmer
Author:Elizabeth Lesser
Create image

“Someone in the society has to deal with the reality that there are finite resources and we're making trade-offs, and be explicit about that. When the car companies were found to have a memo that actually said, "This safety feature costs X and saved Y lives," the very existence of that memo was considered damning. Or when you made it reimbursable for a doctor to ask, "Do you want heroic care at the end-of-life," that was a death panel. No, it wasn't a death panel! It was asking somebody to make a decision.”

WantMadeSaidEndsRealityCareAsksFoundDecisionDealsExistenceCompanyCarCostResourcesDoctorsAskingSafetyTradeSavedMade ItFeaturesHeroicFiniteEnd Of LifeExplicitTrade OffsMemos
Author:Bill Gates
Create image

“First thing the developer has to do is to get an assessment of the threatened species, of the ecological values of that site. At the moment, that developer lodges an application, there's usually trade-offs, negotiations, you end up with remnant bits of land. You might end up with some other offset land that the public has to run. There's no cohesive system of then making sure that we maintain and improve biodiversity values.”

FirstsEndsMomentsMightRunningValuesBitsLandTradeSpeciesApplicationSiteThreatenedNegotiationEcologicalAssessmentBiodiversityDevelopersRemnantsLodgesTrade Offs
Author:Frank Sartor
Create image

“Economics works great for planning your life when you don't have a work passion, since we tend to assume that your job delivers only money and you trade off job hours with leisure hours. If you think your job will just be a job, pick one that pays well per hour and leaves you some time off, even if the activity of the job is boring.”

IfsThinkingWellsJobsPassionHoursPayActivityPicksEconomicsTradeAssumingBoringPlanningLeisureTime OffTrade OffsPassion For Work
Author:Emily Oster
Create image

“One is faced with a dilemma: If one places total trust in all other users, one is vulnerable to the antisocial behavior of any malicious user consider the case of viruses. But if one tries to be totally reclusive and isolated, one is not only bored, but one's information universe will cease to grow and be enhanced by interaction with others. The result is that most of us operate in a complicated trade-off zone with various arrangements of trust and security mechanisms.”

IfsTryingUniverseGrowsResultsCasesSecurityInformationBehaviorTradeVariousComplicatedCeaseVulnerableBoredZoneMechanismIsolatedInteractionUsersArrangementsVirusesDilemmaMaliciousAntisocialTrade OffsInteraction With OthersAntisocial Behavior
Author:Fernando J. Corbato
Create image

“How would you describe the difference between modern war and modern industry-between say, bombing and strip mining, or between chemical warfare and chemical manufacturing? The difference seems to be only that in war the victimization of humans is directly intentional and in industry it is "accepted" as a "trade-off." Were the catastrophes of Love Canal, Bhopal, Chernobyl, and the Exxon Valdez episodes of war or of peace? They were in fact, peacetime acts of aggression, intentional to the extent that the risks were known and ignored.”

HumansWarFactsSeemsDifferencesKnownRiskModernIndustryTradeEnvironmentalAcceptedChemicalsPollutionEpisodesAggressionWarfareIgnoredCatastropheManufacturingBombingMiningCanalsChernobylVictimizationTrade OffsModern WarChemical Warfare
Author:Wendell Berry
Create image

“Every peasant cuisine has incredible ingenious tricks for getting a lot of nutrition out of a small amount of ingredients. There are people who don't have the money to invest in better food, but perhaps they have the time. There's a trade-off: The more time you're willing to put into food preparation, the less money you have to spend.”

PeopleWillingAmountTradeIncrediblesTricksPreparationMore TimeIngredientsNutritionPeasantsIngeniousCuisineSmall AmountsTrade Offs
Author:Michael Pollan
Create image

“Good economic policy requires not so much the bravado to implement drastic change as the strength and wisdom to make reasonable trade-offs over the many years it takes to transform a country's standard of living.”

YearsCountryEconomicPolicyStandardsTradeReasonableStandards Of LivingEconomic PolicyDrasticTrade OffsBravadoStrength And WisdomDrastic Change
Book:Turnaround: Third World Lessons for First World Growth
Create image

“J.P. Morgan once had a friend who was so worried about his stock holdings that he could not sleep at night. The friend asked, 'What should I do about my stocks?' Morgan replied, 'Sell down to your sleeping point' Every investor must decide the trade-off he or she is willing to make between eating well and sleeping well. High investment rewards can only be achieved at the cost of substantial risk-taking. So what is your sleeping point? Finding the answer to this question is one of the most important investment steps you must take.”

ShouldWellsImportantNightSleepAnswersStepsRiskWillingCostFindingsEatingTradeSellsInvestmentRewardsWorriedInvestorsShould IRisk-takingTrade OffsEating Well
Author:Burton Malkiel
Create image

“One of the most basic and pervasive social processes is the sorting and labeling of things, activities, and people... Sorting and labeling processes involve a trade-off of costs and benefits. In general, the more finely the sorting is done, the greater the benefits - and the costs... Sorting and labeling, whether of people or of things, is a sorting and labeling of probabilities rather than of certainties.”

PeopleDoneSocialProcessGreaterCostActivityBenefitsTradeCertaintyProbabilityLabelingSortingTrade Offs
Author:Thomas Sowell
Create image

“Studies of decision-making in the monkey, where activity of single neurons in parietal cortex is recorded, you can see a lot about the time-accuracy trade-off in the monkey's decision, and you can see from the neuron's activity at what point in his accumulation of evidence he makes his decision to make a particular movement.”

DecisionStudyMovementParticularActivityEvidenceTradeDecision MakingMonkeysAccumulationAccuracyNeuronsTrade Offs
Author:Patricia Churchland
Create image

“The Internet, like all intellectual technologies has a trade off. As we train our brains to use it, as we adapt to the environment of the internet, which is an environment of kind of constant immersion and information and constant distractions, interruptions, juggling lots of messages, lots of bits of information.”

KindUseBitsBrainTechnologyEnvironmentInformationInternetMessagesIntellectualTradeConstantTrainDistractionInterruptionsJugglingImmersionTrade Offs
Author:Nicholas G. Carr
Create image

“Every purchasing decision involves a trade-off between what I call fidelity and convenience. Fidelity is the total experience of something - how great the experience is. Convenience is how easy it is to get something. A live concert is a high fidelity way to experience music; an MP3 file is a high convenience way to experience music. Depending on the situation, one or the other is probably pretty appealing. What's not appealing is something that offers neither.”

WayEasyDecisionSituationOffersTradeConcertsFilesConvenienceFidelityPurchasingTrade OffsMp3Live ConcertsHigh Fidelity
Author:Kevin Maney
Create image

“It's really a trade-off: you're always having to decide whether you're going to say the more ambitious thing, and lose a little clarity - or are you going to say something really clearly, and sacrifice a little nuance? Get too obscure, and you sound like a pretentious asshole; go overboard with the clarity, and you sound like you're talking down to your audience, or like you yourself are a reductive simpleton.”

LittlesSoundLosesTalkingAudienceSacrificeLike YouTradeClarityAmbitiousObscurePretentiousNuanceOverboardTrade OffsSimpletonsTalking Down
Author:Elif Batuman
Create image

“People have long assumed that violence is necessary for political change. Rulers never cede power voluntarily, the argument goes, so progressives have no choice but to contemplate the use of force to bring about a better world, mindful of the trade-off between a small amount of violence now and acceptance of an unjust status quo indefinitely.”

PeopleWorldLongUsePoliticalChoicesForceViolenceAcceptanceAmountArgumentTradeContemplatingRulersUnjustStatus QuoSmall AmountsUse Of ForceTrade OffsPolitical ChangeChallenging Status QuoChallenging The Status Quo
Author:Steven Pinker
Create image

“The conflicting missions of the two armies seemed to have no fog, no gray, only black-and-white clarity. I had lived my life in terms of compromise, rule-bending, trade-offs, concessions, bargaining, striking deals, finding middle ground. In these two great armies, there was no such thing. Good was good, and evil was evil, and they shared no common ground.”

TwoEvilBlackTermWhiteDealsCommonMiddleFindingsArmyTradeMissionsClarityCompromiseGood And EvilGrayBlack And WhiteFogCommon GroundBendingConcessionsBargainingMiddle GroundTrade OffsGreat Army
Author:Randy Alcorn
Create image