A Quote by Seth Klarman
People should be highly sceptical of anyone's including their own, ability to predict the future, and instead pursue strategies that can survive whatever may occur.
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I was so lucky to have parents who supported me, 100%, with whatever I was doing, both financially and emotionally. Having that they made my life so much easier. Instead of becoming a bartender and trying to survive while trying to pursue your dreams, I didn't have to worry about that aspect. I could just pursue my dreams.
Rational behavior ... depends upon a ceaseless flow of data from the environment. It depends upon the power of the individual to predict, with at least a fair success, the outcome of his own actions. To do this, he must be able to predict how the environment will respond to his acts. Sanity, itself, thus hinges on man's ability to predict his immediate, personal future on the basis of information fed him by the environment.
When a highly successful leader retires after a long career, it is very unlikely that his successor will be of comparable caliber. Anyone of similar ability and drive would have gone somewhere else, instead of waiting in the wings for years for a chance to show his own leadership.
Death releases the energy into air. If a true catastrophe is looming, the disturbance becomes such that a sensitive individual may become highly troubled by it. He may be aware exactly when and where it will occur. He may see an aura around people who are soon to die. Or he may see images of the disaster beforehand.
They say that what doesn't kill you makes you stronger and I've learnt a great deal, but you can never predict the future, so the best thing is just to do whatever you're asked to do to the best of your ability.
You don't need to predict the future. Just choose a future -- a good future, a useful future -- and make the kind of prediction that will alter human emotions and reactions in such a way that the future you predicted will be brought about. Better to make a good future than predict a bad one.
The oldest problem in economic education is how to exclude the incompetent. A certain glib mastery of verbiage-the ability to speak portentously and sententiously about the relation of money supply to the price level-is easy for the unlearned and may even be aided by a mildly enfeebled intellect. The requirement that there be ability to master difficult models, including ones for which mathematical competence is required, is a highly useful screening device.
I think everyone should pursue their dreams. Whether you want to play football, act, sing, become a writer or whatever you have burning inside you as you’re growing up, you should pursue it.
I thought perhaps it should be recognized that religious people, including fundamentalists, are quite intelligent, many of them are highly educated, and they should be treated with complete respect.
Instead of reflecting on the past, predict the future.
Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to whatever disturbances may buffet the economy.
All science is concerned with the relationship of cause and effect. Each scientific discovery increases man's ability to predict the consequences of his actions and thus his ability to control future events.
People who wish to go into the future should have two skills to succeed - the ability to deal with people and the ability to sell.
I mean, does anyone seriously think there are no drugs in Olympic sports just because they do some kind of testing? They are highly competitive sports with highly competitive people and just with competitive business people do whatever they can do to get ahead.
People ask me to predict the future, when all I want to do is prevent it. Better yet, build it. Predicting the future is much too easy, anyway. You look at the people around you, the street you stand on, the visible air you breathe, and predict more of the same. To hell with more. I want better.
Any issue, including political, economic and religious activities human beings pursue in this world, should be fully understood before we pass our judgement. Therefore, it is very important to know the causes. Whatever the issue, we should be able to see the complete picture. This will enable us to comprehend the whole story.
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