Raymond A. Anderson > Quotes

“What worked for the rich may not work for the poor; what worked in Johannesburg may not work in Johore.”
― Raymond A. Anderson, The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation

“The law recognised that intelligence [information] decays—like radioactive waste, but faster.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

“Villages may function on reputation alone; empires require paperwork.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

“Dinosaurs are extinct, but chickens won evolution’s long game. Since the 1950s, the average broiler has grown so rapidly that, at this rate, they’ll reach T-rex proportions in a few centuries. We can only hope they don’t harbour grudges.”
― Raymond A. Anderson, Why did the Chicken Cross the Road?: A Student's and Intellectual's Guide and Toilet Companion

“There is no statistical manipulation that can turn manure into mink!”
― Raymond A. Anderson, The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation

“King Sophytes (Punjab, 5th century BCE) clearly understood that nothing commands respect like a bird that starts its day screaming at the sun.”
― Raymond A. Anderson, Why did the Chicken Cross the Road?: A Student's and Intellectual's Guide and Toilet Companion

“A system that remembers every debt eventually becomes oppressive; a system that forgets every debt ceases to function. Between those extremes lies the difficult art of maintaining trust.”
― Raymond A. Anderson

“Credit scoring is the industrialisation of trust.”
― Raymond A. Anderson, The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation

“Credit began as a human relationship before it became a financial one. We trusted each other before anybody tried to explain why.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One

“If it were possible to develop scorecards that provide perfect predictions of the future, such technology would be better off applied at the racetrack.”
― Raymond A. Anderson, The Credit Scoring Toolkit: Theory and Practice for Retail Credit Risk Management and Decision Automation

“Barter, for all its rustic charm, was a logistical nightmare: fish spoiled before anyone fancied them, and goats refused to fit neatly into baskets. Time was the enemy and smell its ally.”
― Raymond A. Anderson, The Foundations of Trust: Trading in Promises: Book One