Given the number of people trying to get on the money-making bus, there is a progressive accumulation of Black Swan risks in such systems. Then, boom, the systemic blowup happens. Nassim Nicholas Taleb Black swan, Business, Failure, Money, Risk You May Also Like Money, and not morality, is the principle of commercial nations. By Thomas Jejferson Money, Morality, Nation The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it. By Theodore Roosevelt Business, Good person, Humble, Leadership, Management Treat employees like partners, and they act like partners. By FRED ALLEN, CHAIRMAN OF PITNEY-BOWES CO. Business, Employees, Management, Partnership There is nothing more demoralizing than a small but adequate income. By Edmund Wilson Income, Money Whatever’s begun in anger ends in shame. By Benjamin Franklin Anger, Failure, Shame Do the thing you are afraid to do, and the death of fear is certain. By Ralph Waldo Emerson Courage, Empowering, Failure, Fear You May Also Like from Nassim Nicholas Taleb What matters isn’t what a person has or doesn’t have; it is what he or she is afraid of losing. By Nassim Nicholas Taleb Life, Powerful, Quotable, Thoughtful, Wise No compensation is worth the feeling of shame. By Nassim Nicholas Taleb Advice, Honesty, Money, Success, Wise What is rational is that which allows for survival. By Nassim Nicholas Taleb Life, Wisdom, Wise You will never fully convince someone that he is wrong; only reality can. By Nassim Nicholas Taleb Life, Persuasion, Wise To make ethical choices you cannot have dilemmas betweeen the particular (friends, family) and the general. By Nassim Nicholas Taleb Ethics, Friendship, Life, Wise Survival comes first, truth, understanding, and science later. By Nassim Nicholas Taleb Life, Powerful, Science, Truth, Wise
Money, and not morality, is the principle of commercial nations. By Thomas Jejferson Money, Morality, Nation
The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint enough to keep from meddling with them while they do it. By Theodore Roosevelt Business, Good person, Humble, Leadership, Management
Treat employees like partners, and they act like partners. By FRED ALLEN, CHAIRMAN OF PITNEY-BOWES CO. Business, Employees, Management, Partnership
Do the thing you are afraid to do, and the death of fear is certain. By Ralph Waldo Emerson Courage, Empowering, Failure, Fear
What matters isn’t what a person has or doesn’t have; it is what he or she is afraid of losing. By Nassim Nicholas Taleb Life, Powerful, Quotable, Thoughtful, Wise
No compensation is worth the feeling of shame. By Nassim Nicholas Taleb Advice, Honesty, Money, Success, Wise
You will never fully convince someone that he is wrong; only reality can. By Nassim Nicholas Taleb Life, Persuasion, Wise
To make ethical choices you cannot have dilemmas betweeen the particular (friends, family) and the general. By Nassim Nicholas Taleb Ethics, Friendship, Life, Wise
Survival comes first, truth, understanding, and science later. By Nassim Nicholas Taleb Life, Powerful, Science, Truth, Wise
