A Quote by Masha Gessen
I realized - I've been an opposition journalist in Russia for a long time. And I've often considered how real risks are and how much of a risk I can take.
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I think that's something that investment banks have worried about for a long time and are continuing to worry about, but it's not an easy solution when you have lots of people betting the company's money, how do you really allocate those risks? How do you make sure that the people that take the risks are feeling the risks in an appropriate kind of fashion?
How much time have you invested in thinking about strategy? How many options have you considered before the plan was written? How have you ensured that the thinking behind the plan is challenged? How much time do you spend exploring trends, possibilities and cool stuff? How much time is spent playing with ideas, hopes and dreams?
My appreciation for cooking and healthy living came from watching my best friend die from liver cancer in 2008. I realized that I needed to make some big changes if I wanted to be around for a long time, so now I'm more cautious of how much I eat, what I'm eating, and how often.
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never used to think were really that important, but as soon as we recognize how the financial sector - the risks the financial sector takes on can impact the entire global economy, we realize that those risks needed to be controlled for the social good.
A life lesson for me is, how do you muster the courage to take on a new risk? Whether it's starting up a business or taking on a new project or expedition. I think the risks that we take are all relative to the risk-taker.
The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking.
Eating well is a lifelong priority. My appreciation for cooking and healthy living came from watching my best friend die from liver cancer in 2008. I realized that I needed to make some big changes if I wanted to be around for a long time, so now I'm more cautious of how much I eat, what I'm eating, and how often.
I often suggest that my students ask themselves the simple question: Do I know how to live? Do I know how to eat? How much to sleep? How to take care of my body? How to relate to other people? ... Life is the real teacher, and the curriculum is all set up. The question is: are there any students?
Any time you risk big you often risk losing big. You can win big but you can also lose big, but you have to be willing to take those risks.
If you considered the risks of everything in life you wouldn't leave your house. But I am a father and a husband. I don't do these things for the hell of it. At the same time you accept the risks and acknowledge that there is a risk, that there could be a big crash or worse.
I think often people fall into the breadth trap of wanting to do too long a period of time, and obviously there's this sort of algorithm of how much depth you can put into something times how much of their life you're trying to show. My attitude has always been, I'd rather show a briefer period of time in more detail than a longer period of time in less detail.
An opposition is necessary and desirable for the healthy development of any country. You can scarcely find anyone in opposition, except for the communists, just like in Yeltsin's times. It is regrettable that there is still no constructive, clear and large-scale opposition in Russia. The growth and development of an opposition, as well as the maturing of other democratic institutions, will take more time and experience.
I realized a long time ago, with a certain amazement, that no mattter how important something is in your life, no matter how huge it is, how much space it takes up in your heart and in your thoughts, unless you mention it to other people, they have no idea it exists.
The real question is how do you survive at the same time you pose those risks? Because you need to survive. And it seems to me that you survive in community or in solidarity, with others who are taking the risk with you.
When you have less risk, you have more fun. You can take risks. It's much easier to take risks when there's less money on the line.
There was a lot of risk taken in the Mercury and Apollo eras, and we don't take those risks anymore. We've designed the systems to eliminate risk, which makes it take forever and cost too much money.
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