Я всегда прошу помощников делиться своими трудностями; всегда стараюсь их поддерживать, конечно, если они готовы признать, что у них есть проблемы.
As long as people genuinely care for the people they're trying to help, they can actually do a lot of good.
Для успеха необходим досуг. Нужно время, которое безраздельно принадлежит только вам.
How good are markets in predicting real-world developments? Reading the record, it is striking how many calamities that I anticipated did not in fact materialise.
Financial markets constantly anticipate events, both on the positive and on the negative side, which fail to materialise exactly because they have been anticipated.
It is an old joke that the stock market has predicted seven of the last two recessions. Markets are often wrong.
The fact that a thesis is flawed does not mean that we should not invest in it as long as other people believe in it and there is a large group of people left to be convinced. The point was made by John Maynard Keynes when he compared the stock market to a beauty contest where the winner is not the most beautiful contestant but the one whom the greatest number of people consider beautiful. Where I have something significant to add is in pointing out that it pays to look for the flaws; if we find them, we are ahead of the game because we can limit our losses when the market also discovers what we already know. It is when we are unaware of what could go wrong that we have to worry.
Финансовые рынки не могут правильно учитывать будущее – они вообще не учитывают будущего, они помогают сформировать его.
It is dangerous to build systemic reforms on a close association with one particular government. Systemic reforms need broad public participation and support. That is what makes them irreversible.