Luahiwa

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“With well-defined losses and no set ceiling on the upside,”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

“We should experience as much as possible—just as insurance companies must—in order to make good decisions and understand the world with the right probabilities.”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

Robert A. Heinlein
“A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly. Specialization is for insects.”
Robert A. Heinlein
tags: rah

“ruthlessly look forward and ignore the past and present in deciding what value is and what actions to undertake. Your previous accomplishments and missed opportunities mean nothing when looking at yourself today.”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

“Organizations that stigmatize failure actually tend to repeat failures rather than learn from them.”
Mihir Desai, The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

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