A Quote by Richard Thaler

The assumption that everybody will figure out how much they have to save and then will just implement that plan is obviously preposterous. — © Richard Thaler
The assumption that everybody will figure out how much they have to save and then will just implement that plan is obviously preposterous.
It's a lot easier to figure out how to scale something that doesn't feel like it would scale than it is to figure out what is actually gonna work. You're much better off going after something that will work that doesn't scale, then trying to figure how to scale it up, than you are trying to figure it all out.
As governor, I will work to ensure the Department of Environmental Protection issues the Climate Action Plan and will seek to implement the plan's recommendations.
The business plan should address: "How will I get customers? How will I market the product or service? Who will I target?" The principles of a business plan are pretty much the same. But after page one to two, everything is unpredictable, because costs or competition will change and you don't know how things will be received by the market. You have to be able to continually adapt. Companies that fail to adapt will die. Others are brilliant at adapting.
Producing just one video is a long process. First, you decide your song, then you have to figure out the arrangement of the song; will you play it on the guitar? Will you make it a music video? Once you figure that out, you record it and then edit it, which can take two to five days to finish.
Chairman Priebus set out on an early and historic political outreach plan which called for investing resources early to build the RNC network well before Election Day. And although the elections are still eight months away, all indications are that the money has been well spent. Our message is getting out to the Hispanic, Asian and African American communities. If we can continue to implement this plan, we will be able to save the country from further policy damages at the hand of President Obama and the Democrats.
I think there is too much attention on mentoring. If people want to be scientists, they will figure out how to do it. They need to figure it out by themselves.
History in the making is a very uncertain thing. It might be better to wait till the South American republic has got through withits twenty-fifth revolution before reading much about it. When it is over, some one whose business it is, will be sure to give you in a digested form all that it concerns you to know, and save you trouble, confusion, and time. If you will follow this plan, you will be surprised to find how new and fresh your interest in what you read will become.
During your lifetime, the people of our culture are going to figure out how to live sustainably on this planet--or they're not. Either way, it's certainly going to be extraordinary. If they figure out how to live sustainably here, then hum anity will be able to see something it can't see right now: a future that extends into the indefinite future. If they don't figure this out, then I'm afraid the human race is going to take its place among the species that we're driving into extinction here every day--as many as 200--every day
I obviously identify with the anti-authority figure. I've pretty much always had problems with authority, ever since I was a kid. But, yeah, it's not identifying, I think it's more a part of my natural DNA that I question anybody who has a plan. Everybody's got to have an angle; that's the way I grew up.
Here is an old Oriental proverb: *A journey of a thousand miles begins with one step.* It is difficult to anticipate just how a situation will develop in every detail until you take a step forward and try out your present equipment. Then, if weaknesses appear, you will have clues as to how to strengthen your resources. No scheme or plan is perfect. Perfection is a process, not an end.
Our ultimate goal is to stay in business. We are not here with a specific plan. That's kind of how our entire career has evolved. We will figure things out as we go along.
We make a contract within ourselves as actors or directors or writers about how much of ourselves we let into projects. You can actually figure out before you work on something how much blood you will have to let emotionally.
Donald Trump doesn't have a plan. He said, I have a secret plan, and then he said, um, I know more than all the generals about ISIS. And then he said, I'm going to call the generals to help me figure out a plan. And finally he said, I'm going to fire all the generals. He doesn't have a plan. But he does have dangerous ideas.
If we want to save the world, we must have a plan. But no plan will work unless we meditate.
Historically, it is important to try to understand your adversary in order to figure out how they are thinking, what they will be doing, how they will react.
You know, money will never save anyone. Compassion can save someone, love can save someone, money will never save anyone. And as long as the entire society will put money first... Money should be like third or fourth or fifth, I'm not saying lets get rid of money, but how can we put money as number one? As the only value, like if you are rich, you're famous you go VIP, why? It's just insane, the way we've transformed the society.
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