A Quote by Martin Sorrell
In that - and that is my personal view - Singapore delivers the most value, as they think about Formula One as a complete entertainment event, on and off track.
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The Singapore Media Festival brings together the most important Film and TV events in Singapore under one umbrella. With media convergence, I foresee that the SMF will encompass even more content formats in future, and will keep Singapore on the cutting-edge of media development. I am confident the SMF will be a signature media event for Singapore and the world for many years to come.
I think if I have one message, one thing before I die that most of the world would know, it would be that the event does not determine how to respond to the event. That is a purely personal matter. The way in which we respond will direct and influence the event more than the event itself.
You've got different governments and manufacturers saying, 'Oh, we'll be electric and autonomous by 2030 or whatever.' In my view Formula One is at a crossroads. What is its purpose? We have Formula E, and a lot of manufacturers are morphing into that area. But the emotion, the entertainment, the excitement of those cars just isn't there.
We love Formula One and think Formula One's great. But we think Formula E is different. We would be making a big mistake if we tried to compete with Formula One and be similar to Formula One, we have to be radically different to Formula One to have a chance of survival. I don't mean survival by beating Formula One but co-existing complimentary to Formula One.
I think I've done a fair bit of my talking on the track over the course of the years, leading up to Formula One and Formula One.
I think Formula One is - there's a lot of differences from track to track, grip levels, tyre compound, so you always have to press the reset button and work from scratch again.
If you don't have that Singapore core, you can top up the numbers, but you are no longer Singapore. It doesn't feel Singapore - it isn't Singapore - and we can issue everybody red passports, but where is the continuity?
Culturally, I think we have operated as if we had the formula figured out, and it was all about optimizing, in its various constituent parts, the formula. Now it is about discovering the new formula.
Americas are, for a variety of reasons, the most adept at producing the kind of entertainment that delivers easy satisfactions.
The cable package continues to be the greatest value in the history of entertainment. The average hour watched on cable television costs between 15 and 25 cents. For most people who cannot afford other kinds of entertainment, it is their entertainment.
The entire history of baby formula has been the history of one overlooked nutrient after another...and still to this day babies fed on the most "nutritionally complete" formula fail to do as
well as babies fed human milk. Even more than margarine, formula stands as the ultimate test product of nutritionism and a fair index of its hubris.
The Singapore Open is the flagship event of the Asian Tour, it is a massive event and it is being played in a great place. I love coming here and it is good to be back.
To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices.
Did it ever occur to you, that there is no conflict of interests among men, neither in business nor in trade nor in their most personal desires if they omit the irrational from their view of the possible and destruction from their view of the practical? There is no conflict, and no call for sacrifice, and no man is a threat to the aims of another if men understand that reality is an absolute not to be faked, that lies do not work, that the unearned cannot be had, that the undeserved cannot be given, that the destruction of a value which is, will not bring value to that which isn't.
The magnitude of this event (9/11) turned the world into a scary place. And perhaps the scariest part of all was that these terrorists believed they were doing God's work. They were trained to view life on earth as of no value and that no act, no matter how barbaric, was off-limits if in pursuit of jihadd.
Most of the books that I've written have been focused on, sort of, the individual, and sort of, either a voice, a personal voice, or a kind of transforming event where they step forward to fight for something they value.
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