A Quote by Paul Romer
People are reasonably good at estimating how things add up, but for compounding, which involved repeated multiplication, we fail to appreciate how quickly things grow.
Quote Topics
Quote Author
Related Quotes
As I grow older, I appreciate things that I didn’t appreciate much when I was younger. I am thankful more than I used to be. I’ve been reasonably healthy, and I feel blessed. And each morning I can think, this is going to be a good day!
It's just that if you're not disruptive everything seems to be repeated endlessly - not so much the good things but the bland things - the ordinary things - the weaker things get repeated- the stronger things get suppressed and held down and hidden.
Remember how quickly our field [computer science] changes. That's why you want to focus on learning things that don't change: how to work well with other people, how to carefully assess a client's real - as opposed to perceived - needs, and things like that.
Most people are playing the game of compounding interest, which is self interest - how do they take care of themselves and produce more for themselves, storing value for their own benefit. I play a different game. A game I call 'compounding impact.' How do you make a positive impact in the world?
We now know how things were in the '60s and how things have changed, but I don't think we appreciate how much things have changed.
There comes a point in your life when you realize how quickly time goes by, and how quickly it has gone. Then it really speeds up exponentially. With that, I think you start to put a lot of things into context; you start to see how huge the world is, and really, the universe.
I think that all of the deep, intense things, a lot of different abuse, and all kinds of crazy stuff - I think it made me really strong and it made me learn how to appreciate every day, appreciate people in my life, so it's just another good example of sometimes bad things make us appreciate the beautiful every day.
You want to hire great people and give them the opportunity to fail. You need to let them figure things out as they go along. If they fail repeatedly, then you probably have to find a different person, but if you don't let people have that opportunity to fail, they don't get to learn and grow and try things.
One of the things that I wound up loving about being involved with a bike racer was learning how to bike and how that really creates solitary time for you to reflect on things and nobody can get a hold of you.
We don't appreciate luck in life when things are going well. No matter how smart I am and how I prepare, there are things that catch you off guard.
I love beautiful things; I like having nice clothes, and I can appreciate why other people do - but I've also started to learn more about the impact of what we buy: how things are made, how much you buy and the quality of everything.
You have to be able to appreciate these things. How many people can say it was a full moon last night and appreciate it?
I adapt to things quickly, including good things, which I wish I could shut off sometimes. My friends have to keep reminding me how crazy my life has become, and then it hits me fresh and I just slap my forehead and think, "Wait, what... ?"
We left 'Byker Grove,' had a short recording career and suddenly it finished. The invites to premieres dried up and overnight things stopped. We realised very quickly how fickle this business is. Thinking you've lost it all makes you appreciate it a lot more and it sticks with you.
How quickly a zek (a prisoner) gets cheeky-or, putting it in literary language, how quickly a man's requirements grow.
A great thinker once described innovative thinkers this way: "Some men see things as they are and say, 'Why?' I dream of things that never were and say, 'Why not?'" Innovative thinkers are constantly asking questions such as these. How can we improve recruiting, hiring and training. How can be add greater value to our products and services by making them even better? How can we do more to nourish the personal as well as professional development of our people? What more can we do as a good citizen where we do business?
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Kenneth Galbraith Quotes
American
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist