A Quote by Robert Haugen

In real-world Finance, they don't pay for elegance. They pay for power - predictive power. — © Robert Haugen
In real-world Finance, they don't pay for elegance. They pay for power - predictive power.

Quote Author

I define power as control over one's life. Pay is not about power. Pay is about giving up power to get the power of pay.
Those in power have made it so we have to pay simply to exist on the planet. We have to pay for a place to sleep, and we have to pay for food. If we don't, people with guns come and force us to pay. That's violent.
We know the power of the U.S.. We do not fool ourselves about this power. We say that the U.S. government wants us to pay a very high price for this unstable peace we enjoy today. And the price we are in a position to pay is only - comes only to the frontiers of dignity, not beyond.
A comprehensive list of factors brings predictive stability and predictive stability and predictive power.
I'm continuously playing this game of what's real and what's not real, and having to balance and judge and realize that there are things that carry real weight in the world and actually have power in them. And there are things that are just pointless, and you don't have to pay attention to those things.
As the power of governments wanes, corporations become ever more powerful. Sometimes they do things that aren't so good. We should pay attention. Steve Jobs was saying, "Don't pay attention to all that stuff. Pay attention to the product you've got in your hand."
About seven years later I was given a book about the periodic table of the elements. For the first time I saw the elegance of scientific theory and its predictive power.
Elegance is a small price to pay for enlightenment, and I was glad to pay it.
When there is hell to pay, it is usually cheaper to pay it than to finance an endless purgatory.
The problem is that corporations have way too much power in Congress and the government and they're rigging the system so that they don't pay taxes, but we do. We pay for all these crazy wars they come up with.
From the simplest lyric to the most complex novel and densest drama, literature is asking us to pay attention. Pay attention to the frog. Pay attention to the west wind. Pay attention to the boy on the raft, the lady in the tower, the old man on the train. In sum, pay attention to the world and all that dwells therein and thereby learn at last to pay attention to yourself and all that dwells therein.
The president doesn't get an automatic pay raise, so they can't freeze it for him. But it also does extend the pay rate - they pay increases or pay freeze for pay increases for members of Congress. They've had a pay freeze since 2009, but most civil servants will see a small pay bump in 2016 thanks to a separate order from President Obama.
We'll have a public power authority, which will also have the ability to build power or finance power. And more importantly, we'll have more power than our economy provides. All of that will give us leverage we don't have today.
Our scientific world is our world of reasoning. It has its greatness and uses and attractions. We are ready to pay homage due to it. But when it claims to have discovered the real world for us and laughs at the worlds of all simple-minded men, then we must say it is like a general grown intoxicated with his power, usurping the throne of his king
The right wants to destroy the power of the Fed to increase the power of finance; and the progressives want to reorient the Fed so that it will stop protecting the interests of finance and protect the interests of the broader population instead.
I used many times to touch my own chest and feel, under its asthmatic quiver, the engine of the heart and lungs and blood and feel amazed at what I sensed was the enormity of the power I possessed. Not magical power, but real power. The power simply to go on, the power to endure, that is power enough, but I felt I had also the power to create, to add, to delight, to amaze and to transform.
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