A Quote by Richard Thaler

There's a reason why start-ups, especially disruptive start-ups - like Google or Amazon or Uber - are full of young people. That's because young people are not as wedded to the old fashioned ways of doing things.
ulturally, we are definitely seeing people being to ask hard questions. There's been a major shift over the last year. The NSA revelations played a big part but there are all sorts of other issues too, like inequality and gentrification in the Bay Area, and labor abuses everywhere from Amazon's warehouse, to Apple's factories, to start-ups like Uber and TaskRabbit.
I started working out and doing martial arts when I was about 4 years old, and I was competing by the time I was five or six. So my mom and dad had me doing push-ups and sit-ups from a very young age.
The blockchain start-ups that have done ICOs are just at the beginning of something. Ask me how they are doing in a year or two years from now. I know for a fact it won't be any different from the statistics of all start-ups: 80% of them will not make it.
Start-ups should be based on radical ideas. There should be a high failure rate for start-ups, because if there isn't their ideas aren't bold enough.
We don't believe start-ups are the private preserve of only garage start-ups... The corporate garage is going to be the scene of a lot of action.
History has proven time and again that downturns are the best time to invest in new start-ups. You get good deals and find a better environment for start-ups to grow.
With Net Neutrality, the level playing field that gave us Google, YouTube and eBay when they were start-ups would suddenly start to tilt in favor of the big, established players.
I think the reason why a lot of young people are such screw ups... is oftentimes they didn't have the luxury I had of forming important relationships and opinions and life experiences before having success.
When I was a young student, I thought grow-ups would come and make things work. Now I realize that grown-ups are just kids with wrinkles.
Every relationship has their ups and downs, and, you know, when you start having more downs than ups, you know, you gotta take a look at your relationship and be like, you know, 'Is this something that I'm supposed to be doing?'
I remember at the time - right before we started Feministing.com - doing a Google search for the term "young feminism" and the term "young feminist," and the first thing that came up was a page from the National Organization for Women that was about 10 or 15 years old. And it just struck me as so odd that there was all of this young feminist activism going on, but that it wasn't necessarily being represented online, that the first things in a Google search to come up were really, really old. I think to a certain degree we really filled a gap, and that's why we got such a large readership.
I'm lucky that I got to start acting when I was so young, and people put me in these movies. A lot of people don't get to play these parts because they start a little older.
People always ask about young people like me being forced into things. I play tennis because I love it. I think Russians might be tougher than other people. When I arrived in America I was young, but I already knew what I wanted. I think that when you start from nothing, when you come from nothing, it makes you hungry. I am proud of where I came from and I know what I want. I want to win.
By the time I was 4 or 5, I was doing 250 push-ups and sit-ups a day. When I was 6, we bumped it up to about 500 push-ups and sit-ups a day. Some days it could even be 750 or 1,000.
Breaking the rules and challenging convention is in the DNA of every successful entrepreneur. Doing things differently and solving problems with new, innovative and fresh approaches are the very reason many start-ups are able to compete and sometimes outpace the established market leaders.
The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.
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