A Quote by Charles Duhigg

Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels. — © Charles Duhigg
Research suggests that investment bankers are more prone to commit fraud when they feel the competitor at their heels.
Fraud is fraud. And consumers of any product - whether you want to buy a car, participate in fantasy football - our laws are very strong in New York and other states that you can't commit fraud.
The insidious aid culture has left African countries more debt-laden, more inflation-prone, more vulnerable to the vagaries of the currency markets and more unattractive to higher-quality investment.
Americans are struck by lightning with greater frequency than they commit voter impersonation fraud, and that's the only kind of fraud that photo ID requirements could have any hope of preventing.
An investment in knowledge pays the best interest. When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research, study and analysis before making any investment decisions.
The Nuffield report suggests that there is a moral imperative for investment into GM crop research in developing countries. But the moral imperative is in fact the opposite. The policy of drawing of funds away from low-cost sustainable agriculture research, towards hi-tech, exclusive, expensive and unsafe technology is itself ethically questionable. There is a strong moral argument that the funding of GM technology in agriculture is harming the long-term sustainability of agriculture in the developing world.
As our initial click fraud research study showed last year, there is an obvious problem in the online advertising world. The challenge is that I'm not sure anyone really knows the extent of the click fraud problem.
Heels are really hard to wear. I feel bad for every girl that has to wear heels or chooses to wear heels. They're not fun.
Research suggests that someone who is constantly drawing on their creative abilities can, on average, be productive for no more than six hours a day.
Everyone should know that most cancer research is largely a fraud, and that the major cancer research organizations are derelict in their duties to the people who support them.
The game Flights of Fancy or Reverse Strip Jump is played from as high a jumping-point as a competitor will dare. After each successful jump, the competitor is allowing to put on an article of clothing. Thirteen jumps is normally more than enough to see a competitor fully dressed for the day.
Man is, perhaps, no more prone to war than he used to be and no more inclined to commit other evil deeds. But a given amount of ill will or folly will go further than it used to.
If you didn't have patents, no one would bother to spend money on research and development. But with patents, if someone has a good idea and a competitor can't copy it, then that competitor will have to think of their own way of doing it. So then, instead of just one innovator, you have two or three people trying to do something in a new way.
The risk of an investment is described by both the probability and the potential amount of loss. The risk of an investment-the probability of an adverse outcome-is partly inherent in its very nature. A dollar spent on biotechnology research is a riskier investment than a dollar used to purchase utility equipment. The former has both a greater probability of loss and a greater percentage of the investment at stake.
There were times at Harvard when I actually longed to hang out with a few more Trotskyists, rather than yet another set of future consultants and investment bankers. At least the Trotskyists cared about the important stuff.
Criminals are dumb as stumps. If they were smart they could go be investment bankers. Or judges.
A large and growing body of academic research suggests there are market anomalies that can be exploited to beat a strict index approach. Some of that research has been recognized with Nobels in economic science - William F. Sharpe in 1990 and Eugene F. Fama in 2013.
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