A Quote by Janet Yellen
We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach.
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If you have an approach that makes money, then money management can make the difference between success and failure... ... I try to be conservative in my risk management. I want to make sure I'll be around to play tomorrow. Risk control is essential.
Wanting a more positive environment isn't enough. You need to do something, and it doesn't require a great deal of effort or some huge change in the way you approach things at work.
The old beliefs, of course, and the rational approach, are everywhere reinforced, and so it does have a great weight. The magical approach has far greater weight, if you use it and allow yourselves to operate in that fashion, for it has the weight of your basic natural orientation.
Conservative Americans care about the environment, they just happen to have a very different approach. They aren't 'deniers,' but instead have a real stake in conserving the land and environment for the future.
The model of competitive equilibrium which has been discussed so far is set in a timeless environment. People and companies all operate in a world in which there is no future and hence no uncertainty.
Evolution does not necessarily favor the longest-lived. It doesn't necessarily favor the biggest or the strongest or the fastest, and not even the smartest. Evolution favors those creatures best adapted to their environment. That is the sole test of survival and success.
Alternative medicine people call themselves "holistic" and say it's the "whole" approach. Well, if it's the whole approach, let it be the mind as well. Use logic, use sense, use the incredible five wits you were given by creation.
The best approach to risk is to identify and manage it.
We're all products of our environment, and I suspect that strength of will - the feeling, "I'm going to be able to do whatever you put in front of me" - is honed in an environment where not everything is easy. Ironically, growing up in that environment, you don't have a sense of aggrievement or entitlement. You just have a sense of overcoming.
Just because you love to cook and you are good at in your home environment doesn't necessarily mean that you are cut out for competition. It is a different animal and requires you to approach cooking in a very different way.
I learned that everyone makes mistakes and has weaknesses and that one of the most important things that differentiates people is their approach to handling them. I learned that there is an incredible beauty to mistakes, because embedded in each mistake is a puzzle, and a gem that I could get if I solved it, i.e. a principle that I could use to reduce my mistakes in the future.
I come from a sense of struggle, a sense of using the instruments that were given to me to manipulate the environment in which I found myself, and joined up with those who are equally as skillful at manipulating that environment, as was I.
The natural environment is not particularly hospitable to human life ... the key to having a good environment is improving it through work... . Energy is fundamentally an environmental improver and if we classify it that way it makes sense out of a lot of these controversies... . It's our obligation and our right to make [our environment] as good for human beings as possible. With that view, it's very easy for people to understand precisely the reason it's good to alter it - because it doesn't naturally come the way we need it to be.
Being competent means the ability to control and operate the things in the environment and the environment itself.
Utopia is a meta-utopia: the environment in which Utopian experiments may be tried out; the environment in which people are free to do their own thing; the environment which must, to a great extent, be realized first if more particular Utopian visions are to be realized stably.
I'm just a guy that grew up in a total fun-loving environment. I try to create that everywhere I go. Basically what I'm doing is a reflection of me as an individual, me naturally. I'm not staging or putting on anything. I think my approach to the game is an all-out approach, whatever it takes to win. I've always been that way.
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