A Quote by James O'Shaughnessy
By relying on the statistical information rather than a gut feeling, you allow the data to lead you to be in the right place at the right time. To remain as emotionally free from the hurly burley of the here and now is one of the only ways to succeed.
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You need the right balance between data and gut feeling.
In the pre-capitalist world, everyone had a place. It might not have been a very nice place, even maybe a horrible place, but at least they had some place in the spectrum of the society and they had some kind of a right to live in the place. Now that's inconsistent with capitalism, which denies the right to live. You have only the right to remain on the labour market.
The big thing is, everybody says it's being in the right place at the right time. But it's more than that, it's being in the right place all the time. Because if I make 20 runs to the near post and each time I lose my defender, and 19 times the ball goes over my head or behind me - then one time I'm three yards out, the ball comes to the right place and I tap it in - then people say, right place, right time. And I was there *all* the time.
Sometimes I'll trust my gut more than my head. Logical information might lead me in one direction and my feelings in another. Whereas I would have followed my head ten years ago, now I'm as likely or more likely to go with my gut feeling. It's ironic - you'd think the opposite would be true as you move to the top but it's not.
One of the hugest ways that will make an impact, which is only in its infancy right now, is corporate accountability. Consumers at the buying point saying, 'Can you certify to me that this product is slavery-free?' And most cannot right now.
We live in an information economy. The problem is that information's usually impossible to get, at least in the right place, at the right time.
On the one hand information wants to be expensive, because it's so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting against each other.
... negative feelings are not true feelings at all; rather, they are your thoughts about something, based always on the previous experience of yourself and others. You will not find Truth in your past data, only past data that is based on other past data that is based on other past data, and so forth. Forget your "past experience" and look directly at the experience you are having. Right Here, Right Now. There is your Truth.
Decision-making is difficult because, by its nature, it involves uncertainty. If there was no uncertainty, decisions would be easy! The uncertainty exists because we don't know the future, we don't know if the decision we make will lead to the best possible outcome. Cognitive science has taught us that relying on our gut or intuition often leads to bad decisions, particularly in cases where statistical information is available. Our guts and our brains didn't evolve to deal with probabilistic thinking.
I'm right here right now and I want now to be the Golden Age ...if only each generation would realize that the time for greatness is right now when they're alive ... the time to flower is now.
I have come to the conclusion that it is better to have two colors in right relation to each other than to have a vast confusion of emotional exuberance. . . I had rather be intellectually right than emotionally exuberant.
To make a book convincing, it's less important that the right tree be in the right place than that the characters are emotionally real.
It is now well established that the Constitution protects the right to receive information and ideas. ... This right to receive information and ideas, regardless of their social worth, ... is fundamental to our free society.
If you're free of mechanical thoughts and free of knowing that your body and bat are going to be in the right position at the right time, you can freely focus on the ball. It's a great feeling.
There is a reason they call God a presence - because God is right here, right now. In the present is the only place to find Him, and now is the only time.
Most entrepreneurs are very gut driven - they have to be because the odds and data are often stacked against them. If your gut says something is the right thing to do, then do it.
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