A Quote by Noreena Hertz
So key for making smart decisions is a mindset that actively monitors and is open to shifting tides and new information, one that is acutely aware that the interplay between our environment and its outcomes is ever in flux.
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One can think of a secretary actively operating a filing system, of a librarian actively cataloguing books, of a computer actively sorting out information. The mind however does not actively sort out information. The information sorts itself out and organises itself into patterns. The mind is passive. The mind only provides an opportunity for the information to behave in this way. The mind provides a special environment in which information can become self-organising. This special environment is a memory surface with special characteristics.
One of the things that got me interested in genetics was the relationship between genes and environment. We are all dealt a certain deck of cards, but our environment can influence the outcomes.
I can't say I was consciously thinking of the big changes in the music business when I was writing the lyrics, but change, uncertainty, flux, impermanence - these are things I'm acutely aware of. And I enjoy facing it all.
Abstract art is a creative interplay between the conscious and the unconscious, with the conscious mind making all the final decisions and in control throughout.
Investing is about making probabilistic decisions with limited information about an unknowable future. The variables are well known, as are the possible outcomes.
What are the odds that people will make smart decisions about money if they don't need to make smart decisions--if they can get rich making dumb decisions? The incentives on Wall Street were all wrong; they're still all wrong.
The progress of science has always been the result of a close interplay between our concepts of the universe and our observations on nature. The former can only evolve out of the latter and yet the latter is also conditioned greatly by the former. Thus in our exploration of nature, the interplay between our concepts and our observations may sometimes lead to totally unexpected aspects among already familiar phenomena.
I'm acutely aware of the environment but I'm far from perfect - I love Land Rovers and fly too much.
Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.
There's all of the DVD extra material and all these other pieces of information that don't fit into a 90-minute experience, but it's still content and people still want to see it. It's being open to [the fact that] the business is changing and being open to how you can make money to afford you to stay in business to keep making new things. I think you just have to have an open mind and be really smart about stuff and not be so locked into the conventional way of how the process used to go.
Prudence does not mean failing to accept responsibilities and postponing decisions; it means being committed to making joint decisions after pondering responsibly the road to be taken, decisions aimed at strengthening that covenant between human beings and the environment, which should mirror the creative love of God, from whom we came and towards whom we are journeying.
I think that because of YouTube, because of MySpace, because of the digital domain that we have on the Internet, the younger generation is much more open to information. I think it's so much easier for them to gain information and trade information, and they have become more aware. In some cases, more aware than their own parents and adults, as to what's going on in the world. I find that really intriguing and interesting, and I think there is a brewing of a whole new generation of activists coming.
The globalisation of information makes people aware of what they have - and have not. Problems and oppression are impossible to hide, and the new and powerful tools of information provide us with more opportunities than ever to react and act.
I've begun to believe more and more that movies are all about transitions, that the key to making good movies is to pay attention to the transition between scenes. And not just how you get from one scene to the next, but where you leave a scene and where you come into a new scene. Those are some of the most important decisions that you make. It can be the difference between a movie that works and a movie that doesn't.
I'm one of those people who is colour blind to a certain degree. And that doesn't mean I'm not acutely aware of race in our country and abroad and in the world. I know what's going on, and I'm very aware of it.
America should be cooling down the tensions in the internet, making it a more trusted environment, making it a more secure environment, making it a more reliable environment, because that's the foundation of our economy and our future.
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