Funds Of Knowledge Quotes

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Theodore had an apparently inexhaustible fund of knowledge about everything, but he imparted this knowledge with a sort of meticulous diffidence that made you feel he was not so much teaching you something new, as reminding you of something which you were already aware of, but which had, for some reason or other, slipped your mind.
Gerald Durrell (My Family and Other Animals (Corfu Trilogy, #1))
Where knowledge is a duty, ignorance is a crime.
Thomas Paine (Public Good: Being an Examination Into the Claim of Virginia to the Vacant Western Territory and of the Right of the United States to the Same to Which Are Added, Proposals for Laying Off a New State, to Be Applied Asa Fund for Carrying on the War)
Whoever interrupts the conversation of others to make a display of his fund of knowledge, makes notorious his own stock of ignorance.
Sa'di S. Shaikh Muslihu-D-Din
I examined my Liberalism and found it like an addiction to roulette. Here, though the odds are plain, and the certainty of loss apparent to anyone with a knowledge of arithmetic, the addict, failing time and again, is convinced he yet is graced with the power to contravene natural laws. The roulette addict, when he invariably comes to grief, does not examine either the nature of roulette, or of his delusion, but retires to develop a new system, and to scheme for more funds.
David Mamet (The Secret Knowledge: On the Dismantling of American Culture)
There is a horrifying loneliness at work in this time. No, listen to me. We lived six and seven to a room in those days, when I was still among the living. The city streets were seas of humanity; and now in these high buildings dim-witted souls hover in luxurious privacy, gazing through the television window at a faraway world of kissing and touching. It is bound to produce some great fund of common knowledge, some new level of human awareness, a curious skepticism, to be so alone.
Anne Rice (The Queen of the Damned (The Vampire Chronicles, #3))
The assault on education began more than a century ago by industrialists and capitalists such as Andrew Carnegie. In 1891, Carnegie congratulated the graduates of the Pierce College of Business for being “fully occupied in obtaining a knowledge of shorthand and typewriting” rather than wasting time “upon dead languages.” The industrialist Richard Teller Crane was even more pointed in his 1911 dismissal of what humanists call the “life of the mind.” No one who has “a taste for literature has a right to be happy” because “the only men entitled to happiness… is those who are useful.” The arrival of industrialists on university boards of trustees began as early as the 1870s and the University of Pennsylvania’s Wharton School of Business offered the first academic credential in business administration in 1881. The capitalists, from the start, complained that universities were unprofitable. These early twentieth century capitalists, like heads of investment houses and hedge-fund managers, were, as Donoghue writes “motivated by an ethically based anti-intellectualism that transcended interest in the financial bottom line. Their distrust of the ideal of intellectual inquiry for its own sake, led them to insist that if universities were to be preserved at all, they must operate on a different set of principles from those governing the liberal arts.
Chris Hedges (Empire of Illusion: The End of Literacy and the Triumph of Spectacle)
We realized that among us, among all the races, we had a staggering fund of knowledge and of techniques - that working together, by putting together all this knowledge and capability, we could arrive at something that would be far greater and more significant than any race, alone, could hope of accomplishing.
Clifford D. Simak (Way Station)
The art of giving can exist in different forms for different people. For some, the giving of their time acts as a gift to others who need themselves to be heard. Others might find their way in providing knowledge and help to unprivileged. Yet others can make monetary donations to help fund scientific projects and experiments to improve treatments in the medical field. That’s how it works.
Aman Mehndiratta (Aman Mehndiratta)
She had a great desire for knowledge, but she really preferred almost any source of information to the printed page; she had an immense curiosity about life, and was constantly staring and wondering. She carried within herself a great fund of life, and her deepest enjoyment was to feel the continuity between the movements of her own heart and the agitations of the world. For this reason she was fond of seeing great crowds and large stretches of country, of reading about revolutions and wars, of looking at historical pictures...
Henry James (The Portrait of a Lady)
In the Mirror World, conspiracy theories detract attention from the billionaires who fund the networks of misinformation and away from the economic policies—deregulation, privatization, austerity—that have stratified wealth so cataclysmically in the neoliberal era. They rile up anger about the Davos elites, at Big Tech and Big Pharma—but the rage never seems to reach those targets. Instead it gets diverted into culture wars about anti-racist education, all-gender bathrooms, and Great Replacement panic directed at Black people, nonwhite immigrants, and Jews. Meanwhile, the billionaires who bankroll the whole charade are safe in the knowledge that the fury coursing through our culture isn’t coming for them.
Naomi Klein (Doppelganger: a Trip into the Mirror World)
A separate, international team analyzed more than a half million research articles, and classified a paper as “novel” if it cited two other journals that had never before appeared together. Just one in ten papers made a new combination, and only one in twenty made multiple new combinations. The group tracked the impact of research papers over time. They saw that papers with new knowledge combinations were more likely to be published in less prestigious journals, and also much more likely to be ignored upon publication. They got off to a slow start in the world, but after three years, the papers with new knowledge combos surpassed the conventional papers, and began accumulating more citations from other scientists. Fifteen years after publication, studies that made multiple new knowledge combinations were way more likely to be in the top 1 percent of most-cited papers. To recap: work that builds bridges between disparate pieces of knowledge is less likely to be funded, less likely to appear in famous journals, more likely to be ignored upon publication, and then more likely in the long run to be a smash hit in the library of human knowledge. •
David Epstein (Range: Why Generalists Triumph in a Specialized World)
State philosophy reposes on a double identity: of the thinking subject, and of the concepts it creates and to which it lends its own presumed attributes of sameness and constancy. The subjects, its concepts, and also the objects in the world to which the concepts are applied have a shared, internal essence: the self-resemblance at the basis of identity. Representational thought is analogical; its concern is to establish a correspondence between these symmetrically structured domains. The faculty of judgment is the policeman of analogy, assuring that each of these terms is honestly itself, and that the proper correspondences obtain. In thought its end is truth, in action justice. The weapons it wields in their pursuit are limitive distribution (the determination of the exclusive set of properties possessed by each term in contradistinction to the others: logos, law) and hierarchical ranking (the measurement of the degree of perfection of a term’s self-resemblance in relation to a supreme standard, man, god, or gold: value, morality). The modus operandi is negation: x = x = not y. Identity, resemblance, truth, justice, and negation. The rational foundation for order. The established order, of course: philosophers have traditionally been employees of the State. The collusion between philosophy and the State was most explicitly enacted in the first decade of the nineteenth century with the foundation of the University of Berlin, which was to become the model of higher learning throughout Europe and in the United States. The goal laid out for it by Wilhelm von Humboldt (based on proposals by Fichte and Schleiermacher) was the ‘spiritual and moral training of the nation,’ to be achieved by ‘deriving everything from an original principle’ (truth), by ‘relating everything to an ideal’ (justice), and by ‘unifying this principle and this ideal to a single Idea’ (the State). The end product would be ‘a fully legitimated subject of knowledge and society’ – each mind an analogously organized mini-State morally unified in the supermind of the State. More insidious than the well-known practical cooperation between university and government (the burgeoning military funding of research) is its philosophical role in the propagation of the form of representational thinking itself, that ‘properly spiritual absolute State’ endlessly reproduced and disseminated at every level of the social fabric.
Gilles Deleuze (A Thousand Plateaus: Capitalism and Schizophrenia)
Basic research leads to new knowledge,” Bush wrote. “It provides scientific capital. It creates the fund from which the practical applications of knowledge must be drawn.
Walter Isaacson (The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution)
I do not have any trust fund, I have always trusted God for all my funds.
Patience Johnson (Why Does an Orderly God Allow Disorder)
telepathy,” had been part of that fund of knowledge called “instinct.
Dean Koontz (Devoted)
But if you make use of the vast fund of knowledge now available to educated persons, you are going to be lonesome as hell. The guessers outnumber you -and now I have to guess - about ten to one.
Kurt Vonnegut Jr. (A Man Without a Country)
How to Survive Racism in an Organization that Claims to be Antiracist: 10. Ask why they want you. Get as much clarity as possible on what the organization has read about you, what they understand about you, what they assume are your gifts and strengths. What does the organization hope you will bring to the table? Do those answers align with your reasons for wanting to be at the table? 9. Define your terms. You and the organization may have different definitions of words like "justice", "diveristy", or "antiracism". Ask for definitions, examples, or success stories to give you a better idea of how the organization understands and embodies these words. Also ask about who is in charge and who is held accountable for these efforts. Then ask yourself if you can work within the structure. 8. Hold the organization to the highest vision they committed to for as long as you can. Be ready to move if the leaders aren't prepared to pursue their own stated vision. 7. Find your people. If you are going to push back against the system or push leadership forward, it's wise not to do so alone. Build or join an antiracist cohort within the organization. 6. Have mentors and counselors on standby. Don't just choose a really good friend or a parent when seeking advice. It's important to have on or two mentors who can give advice based on their personal knowledge of the organization and its leaders. You want someone who can help you navigate the particular politics of your organization. 5. Practice self-care. Remember that you are a whole person, not a mule to carry the racial sins of the organization. Fall in love, take your children to the park, don't miss doctors' visits, read for pleasure, dance with abandon, have lots of good sex, be gentle with yourself. 4. Find donors who will contribute to the cause. Who's willing to keep the class funded, the diversity positions going, the social justice center operating? It's important for the organization to know the members of your cohort aren't the only ones who care. Demonstrate that there are stakeholders, congregations members, and donors who want to see real change. 3. Know your rights. There are some racist things that are just mean, but others are against the law. Know the difference, and keep records of it all. 2. Speak. Of course, context matters. You must be strategic about when, how, to whom, and about which situations you decide to call out. But speak. Find your voice and use it. 1. Remember: You are a creative being who is capable of making change. But it is not your responsibility to transform an entire organization.
Austin Channing Brown (I'm Still Here: Black Dignity in a World Made for Whiteness)
The pharmaceutical companies that fund med schools don’t want this fact realized, and therefore the information is suppressed. Many pharmaceutical companies and doctors make money by treating symptoms rather than causations. When causations are understood, cures are oftentimes a given. Cures don’t make money. Why was Aspartame released into the population despite evidence of the damage it causes while Donald Rumsfeld was CEO of Searle? Why do you think George Bush was on the board of directors for Eli Lilly9 drug manufacturing? To counteract the mass genocide he perpetuates? Why do you think politicians are so healthy and live so long? What do they know that they aren’t telling us? I’m not saying this is all a conspiracy to thin the population, but pertinent health information should be public knowledge rather than deliberately suppressed. If this information were taught in schools, unethical drug companies would loose their control on the world.
Cathy O'Brien (ACCESS DENIED For Reasons Of National Security: Documented Journey From CIA Mind Control Slave To U.S. Government Whistleblower)
As I got her to explain to other people her evidence about the lack of effectiveness of funding formal education, one person got frustrated with our skepticism. Wolf’s answer to him was “real education is this,” pointing at the room full of people chatting. Accordingly, I am not saying that knowledge is not important; the skepticism in this discussion applies to the brand of commoditized, prepackaged, and pink-coated knowledge, stuff one can buy in the open market and use for self-promotion.
Nassim Nicholas Taleb (Antifragile: Things That Gain From Disorder)
As a youth I enjoyed — indeed, like most of my contemporaries, revered — the agitprop plays of Brecht, and his indictments of Capitalism. It later occurred to me that his plays were copyrighted, and that he, like I, was living through the operations of that same free market. His protestations were not borne out by his actions, neither could they be. Why, then, did he profess Communism? Because it sold. The public’s endorsement of his plays kept him alive; as Marx was kept alive by the fortune Engels’s family had made selling furniture; as universities, established and funded by the Free Enterprise system — which is to say by the accrual of wealth — house, support, and coddle generations of the young in their dissertations on the evils of America.
David Mamet (The Secret Knowledge: On the Dismantling of American Culture)
The poor girl liked to be thought clever, but she hated to be thought bookish; she used to read in secret and, though her memory was excellent, to abstain from showy reference. She had a great desire for knowledge, but she really preferred almost any source of information to printed page; she had an immense curiosity about life and was constantly staring and wondering. She carried herself with a great fund of life, and her deepest enjoyment was to feel the continuity between the movements of her own soul and agitations of the world.
Henry James
To recap: work that builds bridges between disparate pieces of knowledge is less likely to be funded, less likely to appear in famous journals, more likely to be ignored upon publication, and then more likely in the long run to be a smash hit in the library of human knowledge.
David Epstein (Range: Why Generalists Triumph in a Specialized World)
It is a common misinterpretation of Islamic intellectual history to say that Muslim scholars made scientific discoveries but then failed to follow up on them, so the torch of learning passed to the West. This is to read the empirical methodology and practical goals of modern science back into the intellectual methods and spiritual goals of the wisdom tradition. The goal was not to establish a fund of transmitted knowledge which other scientists could imitate and build upon and from which technologists could draw for practical ends. The goal was to discover the truth for oneself.
William C. Chittick (Science of the Cosmos, Science of the Soul: The Pertinence of Islamic Cosmology in the Modern World)
Almost everywhere else in the world, my archaeologist friends have an uphill struggle to convince governments that what archaeologists do has any conceivable practical value. They try to get funding agencies to understand that studies of the fates of past societies may help us understand what could happen to societies living in that same area today. In particular, they reason, environmental damage that developed in the past could develop again in the present, so one might use knowledge of the past to avoid repeating the same mistakes. Most governments ignore these pleas of archaeologists.
Jared Diamond (Collapse: How Societies Choose to Fail or Survive)
If the 1970s had been the time of radical theories, then the 1980s were the time when politics began increasingly to replace professionalism in the universities. Government lent powerful reinforcement to the new concept of university regulations and funding that favored social justice over knowledge or merit.
David Horowitz (Hating Whitey and Other Progressive Causes)
Men and women of faith should be the first to argue that God does not need federal funds to do his work. When they get involved in charitable work, it’s usually with the knowledge that a change of heart will often do more than a welfare check to conquer poverty. They focus on changing hearts, one heart at a time.
Anne Rathbone Bradley (For the Least of These: A Biblical Answer to Poverty)
In M. Emanuel's soul rankled a chronic suspicion that I knew both Greek and Latin. As monkeys are said to have the power of speech if they would but use it, and are reported to conceal this faculty in fear of its being turned to their detriment, so to me was ascribed a fund of knowledge which I was supposed criminally and craftily to conceal.
Charlotte Brontë (Villette)
However, even before the orgies of neoliberalism it was obvious that capitalism is not socially efficient. Market failures are everywhere, from environmental calamities to the necessity of the state’s funding much socially useful science to the existence of public education and public transportation (not supplied through the market) to the outrageous incidence of poverty and famine in countries that have had capitalism foisted on them.3 All this testifies to a “market failure,” or rather a failure of the capitalist, competitive, profit-driven mode of production, which, far from satisfying social needs, multiplies and aggravates them. This should not be surprising. An economic system premised on two irreconcilable antagonisms—that between worker and supplier-of-capital and that between every supplier-of-capital and every other4—and which is propelled by the structural necessity of exploiting and undermining both one’s employees and one’s competitors in order that ever-greater profits may be squeezed out of the population, is not going to lead to socially harmonious outcomes. Only in the unreal world of standard neoclassical economics, which makes such assumptions as perfect knowledge, perfect capital and labor flexibility, the absence of firms with “market power,” the absence of government, and in general the myth of homo economicus—the person susceptible of no other considerations than those of pure “economic rationality”—is societal harmony going to result.
Chris Wright (Worker Cooperatives and Revolution: History and Possibilities in the United States)
that the old man should insist upon his son studying medicine and surgery, when every one knows he will inherit at least ten thousand a-year.’—‘Nothing to do with it,’ was the argument of the father; ‘who can tell what is to happen to funded, or even landed property, in England? The empire of disease takes in the world; and in all its quarters, medical knowledge may be made the key to competency and wealth.
John William Polidori (The Vampyre and Other Tales of the Macabre)
Michael Arrington, the loudmouth founder and former editor in chief of TechCrunch, is famous for investing in the start-ups that his blogs would then cover. Although he no longer runs TechCrunch, he was a partner in two investment funds during his tenure and now manages his own, CrunchFund. In other words, even when he is not a direct investor he has connections or interests in dozens of companies on his beat, and his insider knowledge helps turn profits for the firm.
Ryan Holiday (Trust Me, I'm Lying: Confessions of a Media Manipulator)
At my current station in the life cycle I’m increasingly aware that this (or any) effort might be my last. I believe these songs contain something of that sense of finality and the urgency of countering it… My gratitude for your support in funding the recordings and my outsized appetite for sound knows no bounds. At certain times the urge to just give up has been quite seductive, but I’m reminded that there’s a core group of people that care about the work and receive meaning from it, and that knowledge helps to propel me forward.
Michael Gira
In a 2008 retrospective paper on the 1975 Asilomar conference that he co-organized—the conference that led to a moratorium on genetic modification of humans—the biologist Paul Berg wrote,16 There is a lesson in Asilomar for all of science: the best way to respond to concerns created by emerging knowledge or early-stage technologies is for scientists from publicly funded institutions to find common cause with the wider public about the best way to regulate—as early as possible. Once scientists from corporations begin to dominate the research enterprise, it will simply be too late.
Stuart Russell (Human Compatible: Artificial Intelligence and the Problem of Control)
Today I am convinced that, in general, a man should not publicly take part in politics before the age of 30-except for cases of extraordinary talent. Until then, a man's mental development will mostly consist in acquiring the necessary knowledge to serve as the groundwork of a general platform, one for which he can evaluate different political problems. One must first acquire a fund of general ideas-a worldview. Then he will have that mental equipment necessary for consistency and steadfastness in the formation of his political opinions. He will then be qualified to take part in politics.
Adolf Hitler (Mein Kampf Volume I)
Read as little as possible, not as much as possible! Oh, do not doubt that I have envied those who have drowned in books. I, too, would secretly like to wade through all those books I have so long toyed with in my mind. But I know it is not important. I know now that I did not need to read even a tenth of what I have read. The most difficult thing in life is to learn to do only what is strictly advantageous to one’s welfare, strictly vital…When you stumble upon a book you would like to read, or think you ought to read, leave it alone for a few days. But think about it as intensely as you can. Let the title and the author’s name revolve in your mind. Think what you yourself might have written had the opportunity been yours. Ask yourself earnestly if it be absolutely necessary to add this work to your store of knowledge or your fund of enjoyment. Try to imagine what it would mean to forego this extra pleasure or enlightenment. Then, if you find you must read the book, observe with what extraordinary acumen you tackle it. Observe, too, that however stimulating it may be, very little of the book is really new to you. If you are honest with yourself you will discover that your stature has increased from the mere effort of resisting your impulses.
Henry Miller (The Books in My Life)
Microassaults involve misusing power and privilege in subtle ways to marginalize students and create different outcomes based on race or class. In the classroom, a microassault might look like giving a more severe punishment to a student of color than his White classmate who was engaged in the same behavior. Or it might look like overemphasizing military-like behavior management strategies for students of color. With younger children, it looks like excluding them from fun activities as punishment for minor infractions. Microinsults involve being insensitive to culturally and linguistically diverse students and trivializing their racial and cultural identity such as not learning to pronounce a student’s name or giving the student an anglicized name to make it easier on the teacher. Continually confusing two students of the same race and casually brushing it off as “they all look alike.” Microinvalidations involve actions that negate or nullify a person of color’s experiences or realities such as ignoring each student’s rich funds of knowledge. They are also expressed when we don’t want to acknowledge the realities of structural racialization or implicit bias. It takes the form of trivializing and dismissing students’ experiences, telling them they are being too sensitive or accusing them of “playing the race card.”
Zaretta Lynn Hammond (Culturally Responsive Teaching and The Brain: Promoting Authentic Engagement and Rigor Among Culturally and Linguistically Diverse Students)
Lenin arrived a stranger to Russia. Apart from a six-month stay in 1905-6, he had spent the previous seventeen years in exile abroad. Most of the workers who turned out to meet him at the Finland Station could never have seen him before.'I know very little of Russia,' Lenin once told Gorky. 'Simbirsk, Kazan, Petersburg, exile - that is all I know." During 1917 he would often claim that the mass of the ordinary people were even further to the Left than the Bolsheviks. Yet he had no experience of them, and knew only what his party agents told him (which was often what he wanted to hear). Between 5 July and the October seizure of power Lenin did not make a single public appearance. He barely set foot in the provinces. The man who was set to become the dictator of Russia had almost no direct knowledge of the way its people lived. Apart from two years as a lawyer, he had never even had a job. He was a "professional revolutionary', living apart from society and supporting himself from the party's funds and from the income of him mother's estate (which he continued to draw until her death in 1916). According to Gorky, it was this ignorance of everyday work, and the human suffering which it entailed, which had bred in Lenin a 'pitiless contempt, worthy of a nobleman, for the lives of the ordinary people...Life in all its complexity us unknown to Lenin. He does not know the ordinary people. He has never lived among them.
Orlando Figes
The principal reason that districts within states often differ markedly in per-pupil expenditures is that school funding is almost always tied to property taxes, which are in turn a direct function of local wealth. Having school funding depend on local wealth creates a situation in which poor districts must tax themselves far more heavily than wealthy ones, yet still may not be able to generate adequate income. For example, Baltimore City is one of the poorest jurisdictions in Maryland, and the Baltimore City Public Schools have the lowest per-pupil instructional expenses of any of Maryland's 24 districts. Yet Baltimore's property tax rate is twice that of the next highest jurisdiction.(FN2) Before the funding equity decision in New Jersey, the impoverished East Orange district had one of the highest tax rates in the state, but spent only $3,000 per pupil, one of the lowest per-pupil expenditures in the state.(FN3) A similar story could be told in almost any state in the U.S.(FN4) Funding formulas work systematically against children who happen to be located in high-poverty districts, but also reflect idiosyncratic local circumstances. For example, a factory closing can bankrupt a small school district. What sense does it make for children's education to suffer based on local accidents of geography or economics? To my knowledge, the U.S. is the only nation to fund elementary and secondary education based on local wealth. Other developed countries either equalize funding or provide extra funding for individuals or groups felt to need it. In the Netherlands, for example, national funding is provided to all schools based on the number of pupils enrolled, but for every guilder allocated to a middle-class Dutch child, 1.25 guilders are allocated for a lower-class child and 1.9 guilders for a minority child, exactly the opposite of the situation in the U.S. where lower-class and minority children typically receive less than middle-class white children.(FN5) Regional differences in per-pupil costs may exist in other countries, but the situation in which underfunded urban or rural districts exist in close proximity to wealthy suburban districts is probably uniquely American. Of course, even equality in per-pupil costs in no way ensures equality in educational services. Not only do poor districts typically have fewer funds, they also have greater needs.
Robert E. Slavin
Facebook’s own North American marketing director, Michelle Klein, who told an audience in 2016 that while the average adult checks his or her phone 30 times a day, the average millennial, she enthusiastically reported, checks more than 157 times daily. Generation Z, we now know, exceeds this pace. Klein described Facebook’s engineering feat: “a sensory experience of communication that helps us connect to others, without having to look away,” noting with satisfaction that this condition is a boon to marketers. She underscored the design characteristics that produce this mesmerizing effect: design is narrative, engrossing, immediate, expressive, immersive, adaptive, and dynamic.11 If you are over the age of thirty, you know that Klein is not describing your adolescence, or that of your parents, and certainly not that of your grandparents. Adolescence and emerging adulthood in the hive are a human first, meticulously crafted by the science of behavioral engineering; institutionalized in the vast and complex architectures of computer-mediated means of behavior modification; overseen by Big Other; directed toward economies of scale, scope, and action in the capture of behavioral surplus; and funded by the surveillance capital that accrues from unprecedented concentrations of knowledge and power. Our children endeavor to come of age in a hive that is owned and operated by the applied utopianists of surveillance capitalism and is continuously monitored and shaped by the gathering force of instrumentarian power. Is this the life that we want for the most open, pliable, eager, self-conscious, and promising members of our society?
Shoshana Zuboff (The Age of Surveillance Capitalism)
You had a jumpship and you gave it away?” Nikki’s eyes widened in astonishment. “Do you have any more?” “Not at present. Oh, look, a General-class cruiser.” Miles reached for it. “My father commanded one of those, once, I believe. Do you have any Betan Survey ships . . . ?” Heads bent together, they laid out the little fleet on the floor. Nikki, Miles was pleased to find, was well-up on all the tech-specs of every ship he owned; he expanded wonderfully, his voice, formerly shy around Miles-the-weird-adult-stranger, growing louder and faster in his unselfconscious enthusiasm as he detailed his machinery. Miles’s stock rose as he was able to claim personal acquaintance with nearly a dozen of the originals for the models, and add a few interesting nonclassified jumpship anecdotes to Nikki’s already impressive fund of knowledge.
Lois McMaster Bujold (Komarr (Vorkosigan Saga, #11))
Since our civilization is irreversibly dependent on electronics, abolition of EMR is out of the question. However, as a first step toward averting disaster, we must halt the introduction of new sources of electromagnetic energy while we investigate the biohazards of those we already have with a completeness and honesty that have so far been in short supply. New sources must be allowed only after their risks have been evaluated on the basis of the knowledge acquired in such a moratorium. 
With an adequately funded research program, the moratorium need last no more than five years, and the ensuing changes could almost certainly be performed without major economic trauma. It seems possible that a different power frequency—say 400 hertz instead of 60—might prove much safer. Burying power lines and providing them with grounded shields would reduce the electric fields around them, and magnetic shielding is also feasible. 
A major part of the safety changes would consist of energy-efficiency reforms that would benefit the economy in the long run. These new directions would have been taken years ago but for the opposition of power companies concerned with their short-term profits, and a government unwilling to challenge them. It is possible to redesign many appliances and communications devices so they use far less energy. The entire power supply could be decentralized by feeding electricity from renewable sources (wind, flowing water, sunlight, georhermal and ocean thermal energy conversion, and so forth) into local distribution nets. This would greatly decrease hazards by reducing the voltages and amperages required. Ultimately, most EMR hazards could be eliminated by the development of efficient photoelectric converters to be used as the primary power source at each point of consumption. The changeover would even pay for itself, as the loss factors of long-distance power transmission—not to mention the astronomical costs of building and decommissioning short-lived nuclear power plants—were eliminated. Safety need not imply giving up our beneficial machines. 
Obviously, given the present technomilitary control of society in most parts of the world, such sane efficiency will be immensely difficult to achieve. Nevertheless, we must try. Electromagnetic energy presents us with the same imperative as nuclear energy: Our survival depends on the ability of upright scientists and other people of goodwill to break the military-industrial death grip on our policy-making institutions.
Robert O. Becker (The Body Electric: Electromagnetism and the Foundation of Life)
It would be easy, but misleading, to see the rise of terrorism expertise as simply a response to an increase in political violence. This simplistic empirical approach neglects the reflexive relationship between experts and their objects of knowledge. Others have suggested that we view terrorism expertise as a product of political propaganda by governments seeking to demonize their enemies and draw attention away from their own use of violence. But this “critical” approach (see, for example, Chomsky 2001; Herman and O’Sullivan 1989), which argues that terrorism experts constitute an “industry,” funded and organized by the state and other elite interests, neglects the agency and interests of the experts themselves, and the ways in which these interests may either harmonize or clash with those of the state, the media, and the “terrorists” themselves.
Lisa Stampnitzky (Disciplining Terror)
Dismissed as a philistine, a boor, a drunk, and an incompetent, Grant has been subjected to pernicious stereotypes that grossly impede our understanding of the man. As a contemporary newspaper sniffed, Grant was “an ignorant soldier, coarse in his taste and blunt in his perceptions, fond of money and material enjoyment and of low company.”14 In fact, Grant was a sensitive, complex, and misunderstood man with a shrewd mind, a wry wit, a rich fund of anecdotes, wide knowledge, and penetrating insights. Many acquaintances remembered the “silent” Grant as the most engaging raconteur they ever met. His weather-beaten appearance during the war, when he wore simple military dress, often caked with mud, could be misleading, for an inner fineness and delicacy lay beneath the rough-hewn exterior. At the same time, Grant could be surprisingly naive and artless in business and politics.
Ron Chernow (Grant)
Why Westerners are so obsessed with "saving" Africa, and why this obsession so often goes awry? Western countries should understand that Africa’s development chances and social possibilities remain heavily hindered due to its overall mediocre governance. Africa rising is still possible -- but first Africans need to understand that the power lies not just with the government, but the people. I do believe, that young Africans have the will to "CHANGE" Africa. They must engage their government in a positive manner on issues that matters -- I also realize that too many of the continent’s people are subject to the kinds of governments that favor ruling elites rather than ordinary villagers and townspeople. These kind of behavior trickles down growth. In Zimbabwe Robert Mugabe is the problem. In South Africa the Apartheid did some damage. The country still wrestles with significant racial issues that sometimes leads to the murder of its citizens. In Ethiopia, Somalia and Kenya the world’s worst food crisis is being felt. In Libya the West sends a mixed messages that make the future for Libyans uncertain. In Nigeria oil is the biggest curse. In Liberia corruption had make it very hard for the country to even develop. Westerners should understand that their funding cannot fix the problems in Africa. African problems can be fixed by Africans. Charity gives but does not really transform. Transformation should come from the root, "African leadership." We have a PHD, Bachelors and even Master degree holders but still can't transform knowledge. Knowledge in any society should be the power of transformation. Africa does not need a savior and western funds, what Africa needs is a drive towards ownership of one's destiny. By creating a positive structural system that works for the majority. There should be needs in dealing with corruption, leadership and accountability.
Henry Johnson Jr
The key point here is Macaulay’s belief that “knowledge and reflection” on the part of the Hindus, especially the Brahmanas, would cause them to give up their age-old belief in anything Vedic in favor of Christianity. The purpose was to turn the strength of Hindu intellectuals against their own kind by utilizing their commitment to scholarship in uprooting their own tradition, which Macaulay viewed as nothing more than superstitions. His plan was to educate the Hindus to become Christians and turn them into collaborators. He persisted with this idea for fifteen years until he found the money and the right man for turning his utopian idea into reality. He needed someone who would translate and interpret the Vedic texts in such a way that the newly educated Indian elite would see the superiority of the Bible and choose that over everything else. Upon his return to England, after a good deal of effort he found a talented but impoverished young German Vedic scholar by name Friedrich Max Muller who was willing to take on the arduous job. Macaulay used his influence with the East India Company to find funds for Max Muller’s translation of the Rig Veda. Though an ardent German nationalist, Max Muller agreed for the sake of Christianity to work for the East India Company, which in reality meant the British Government of India. He also badly needed a major sponsor for his ambitious plans, which he felt he had at last found. The fact is that Max Muller was paid by the East India Company to further its colonial aims, and worked in cooperation with others who were motivated by the superiority of the German race through the white Aryan race theory. This was the genesis of his great enterprise, translating the Rig Veda with Sayana's commentary and the editing of the fifty-volume Sacred Books of the East. In this way, there can be no doubt regarding Max Muller’s initial aim and commitment to converting Indians to Christianity. Writing to his wife in 1866 he observed: “It [the Rig Veda] is the root of their religion and to show them what the root is, I feel sure, is the only way of uprooting all that has sprung from it during the last three thousand years.” Two years later he also wrote the Duke of Argyle, then acting Secretary of State for India: “The ancient religion of India is doomed. And if Christianity does not take its place, whose fault will it be?” This makes it very clear that Max Muller was an agent of the British government paid to advance its colonial interests. Nonetheless, he still remained an ardent German nationalist even while working in England. This helps explain why he used his position as a recognized Vedic and Sanskrit scholar to promote the idea of the “Aryan race” and the “Aryan nation,” a theory amongst a certain class of so-called scholars, which has maintained its influence even until today.
Stephen Knapp (The Aryan Invasion Theory: The Final Nail in its Coffin)
By now Soros had melded Karl Popper’s ideas with his own knowledge of finance, arriving at a synthesis that he called “reflexivity.” As Popper’s writings suggested, the details of a listed company were too complex for the human mind to understand, so investors relied on guesses and shortcuts that approximated reality. But Soros was also conscious that those shortcuts had the power to change reality as well, since bullish guesses would drive a stock price up, allowing the company to raise capital cheaply and boosting its performance. Because of this feedback loop, certainty was doubly elusive: To begin with, people are incapable of perceiving reality clearly; but on top of that, reality itself is affected by these unclear perceptions, which themselves shift constantly. Soros had arrived at a conclusion that was at odds with the efficient-market view. Academic finance assumes, as a starting point, that rational investors can arrive at an objective valuation of a stock and that when all information is priced in, the market can be said to have attained an efficient equilibrium. To a disciple of Popper, this premise ignored the most elementary limits to cognition.
Sebastian Mallaby (More Money Than God: Hedge Funds and the Making of a New Elite)
IRA funds became a form of play money for the middle class... Because the pool of capital that made up an IRA could not be withdrawn for twenty or thirty years, many people viewed their IRAs as containing money they could experiment with. They could use an IRA to buy their first stock or their first mutual fund. They could put in in a money market fund first, and then, as they got bolder - and the bull market became more irresistible - shift some of it into something a little riskier. IRAs gave people a way to try on the stock and bond markets for size, to see how they felt, and to become slowly comfortable with the idea of investing. The knowledge that the money couldn't easily be withdrawn acted as a psychological safety net, allowing investors to feel as though they could take a chance or two. If they made a mistake, they reasoned, there was still time to recoup - several decades, perhaps.Over time, many people came to believe that it as imperative to maximize the returns they were getting on their IRA account, even at the risk of taking a loss. How else would they ever have enough to retire on? This, surely, is the classic definition of investment capital.
Joe Nocera (A Piece of the Action: How the Middle Class Joined the Money Class)
One of the commonly accepted narratives of the Internet is that it was built to survive a nuclear attack. This enrages many of its architects, including Bob Taylor and Larry Roberts, who insistently and repeatedly debunked this origin myth. However, like many of the innovations of the digital age, there were multiple causes and origins. Different players have different perspectives. Some who were higher in the chain of command than Taylor and Roberts, and who have more knowledge of why funding decisions were actually made, have begun to debunk the debunking. Let’s try to peel away the layers. There is no doubt that when Paul Baran proposed a packet-switched network in his RAND reports, nuclear survivability was one of his rationales. “It was necessary to have a strategic system that could withstand a first attack and then be able to return the favor in kind,” he explained. “The problem was that we didn’t have a survivable communications system, and so Soviet missiles aimed at U.S. missiles would take out the entire telephone-communication system.”76 That led to an unstable hair-trigger situation; a nation was more likely to launch a preemptive strike if it feared that its communications and ability to respond would not survive an attack. “The origin of packet switching is very much Cold War,” he said. “I got very interested in the subject of how the hell you build a reliable command and control system.”77 So in 1960 Baran set about devising “a communication network which will allow several hundred major communications stations to talk with one another after an enemy attack.”78
Walter Isaacson (The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution)
In fact, the same basic ingredients can easily be found in numerous start-up clusters in the United States and around the world: Austin, Boston, New York, Seattle, Shanghai, Bangalore, Istanbul, Stockholm, Tel Aviv, and Dubai. To discover the secret to Silicon Valley’s success, you need to look beyond the standard origin story. When people think of Silicon Valley, the first things that spring to mind—after the HBO television show, of course—are the names of famous start-ups and their equally glamorized founders: Apple, Google, Facebook; Jobs/ Wozniak, Page/ Brin, Zuckerberg. The success narrative of these hallowed names has become so universally familiar that people from countries around the world can tell it just as well as Sand Hill Road venture capitalists. It goes something like this: A brilliant entrepreneur discovers an incredible opportunity. After dropping out of college, he or she gathers a small team who are happy to work for equity, sets up shop in a humble garage, plays foosball, raises money from sage venture capitalists, and proceeds to change the world—after which, of course, the founders and early employees live happily ever after, using the wealth they’ve amassed to fund both a new generation of entrepreneurs and a set of eponymous buildings for Stanford University’s Computer Science Department. It’s an exciting and inspiring story. We get the appeal. There’s only one problem. It’s incomplete and deceptive in several important ways. First, while “Silicon Valley” and “start-ups” are used almost synonymously these days, only a tiny fraction of the world’s start-ups actually originate in Silicon Valley, and this fraction has been getting smaller as start-up knowledge spreads around the globe. Thanks to the Internet, entrepreneurs everywhere have access to the same information. Moreover, as other markets have matured, smart founders from around the globe are electing to build companies in start-up hubs in their home countries rather than immigrating to Silicon Valley.
Reid Hoffman (Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies)
Smart Sexy Money is About Your Money As an accomplished entrepreneur with a history that spans more than fourteen years, Annette Wise is constantly looking for ways to give back to her community. Using enterprising efforts, she qualified for $125,000 in startup funding to develop a specialized residential facility that allows developmentally disabled adults to live in the community after almost a lifetime of living in a state institution. In doing so, she has provided steady employment in her community for the last thirteen years. After dedicating years to her residential facility, Annette began to see clearly the difficulty business owners face in planning for retirement successfully. Searching high and low to find answers, she took control of financial uncertainty and in less than 2 years, she became a Full Life Agent, licensed Registered Representative, Investment Advisor Representative and Limited Principal. Her focus is on building an extensive list of clients that depend on her for smart retirement guidance, thorough college planning, detailed business continuation, and business exit strategies. Clients have come to rely on Annette for insight on tax advantaged savings and retirement options. Annette’s primary goal is to help her clients understand more than just concepts, but to easily understand how money works, the consequences of their decisions and how they work in conjunction with their desires and goal. Ever the curious soul who is always up for a challenge, Annette is routinely resourceful at finding sensible means to a sometimes-challenging end. She believes in infinite possibilities as well as in sharing her knowledge with others. She is the go-to source for “Smart Wealth Solutions.” Among Annette’s proudest accomplishments are her two wonderful sons, Michael III and Matthew. As a single mom, they have been her inspiration and joy. She is forever grateful to the greatest brothers in the world- Andrew and Anthony Wise, for assistance in grooming them into amazing young men.
Annette Wise
See especially academia, which has effectively become a hope labor industrial complex. Within that system, tenured professors—ostensibly proof positive that you can, indeed, think about your subject of choice for the rest of your life, complete with job security, if you just work hard enough—encourage their most motivated students to apply for grad school. The grad schools depend on money from full-pay students and/or cheap labor from those students, so they accept far more master’s students than there are spots in PhD programs, and far more PhD students than there are tenure-track positions. Through it all, grad students are told that work will, in essence, save them: If they publish more, if they go to more conferences to present their work, if they get a book contract before graduating, their chances on the job market will go up. For a very limited few, this proves true. But it is no guarantee—and with ever-diminished funding for public universities, many students take on the costs of conference travel themselves (often through student loans), scrambling to make ends meet over the summer while they apply for the already-scarce number of academic jobs available, many of them in remote locations, with little promise of long-term stability. Some academics exhaust their hope labor supply during grad school. For others, it takes years on the market, often while adjuncting for little pay in demeaning and demanding work conditions, before the dream starts to splinter. But the system itself is set up to feed itself as long as possible. Most humanities PhD programs still offer little or nothing in terms of training for jobs outside of academia, creating a sort of mandatory tunnel from grad school to tenure-track aspirant. In the humanities, especially, to obtain a PhD—to become a doctor in your field of knowledge—is to adopt the refrain “I don’t have any marketable skills.” Many academics have no choice but to keep teaching—the only thing they feel equipped to do—even without fair pay or job security. Academic institutions are incentivized to keep adjuncts “doing what they love”—but there’s additional pressure from peers and mentors who’ve become deeply invested in the continued viability of the institution. Many senior academics with little experience of the realities of the contemporary market explicitly and implicitly advise their students that the only good job is a tenure-track academic job. When I failed to get an academic job in 2011, I felt soft but unsubtle dismay from various professors upon telling them that I had chosen to take a high school teaching job to make ends meet. It
Anne Helen Petersen (Can't Even: How Millennials Became the Burnout Generation)
How exactly the debt should be funded was to be the most inflammatory political issue. During the Revolution, many affluent citizens had invested in bonds, and many war veterans had been paid with IOUs that then plummeted in price under the confederation. In many cases, these upright patriots, either needing cash or convinced they would never be repaid, had sold their securities to speculators for as little as fifteen cents on the dollar. Under the influence of his funding scheme, with government repayment guaranteed, Hamilton expected these bonds to soar from their depressed levels and regain their full face value. This pleasing prospect, however, presented a political quandary. If the bonds appreciated, should speculators pocket the windfall? Or should the money go to the original holders—many of them brave soldiers—who had sold their depressed government paper years earlier? The answer to this perplexing question, Hamilton knew, would define the future character of American capital markets. Doubtless taking a deep breath, he wrote that “after the most mature reflection” about whether to reward original holders and punish current speculators, he had decided against this approach as “ruinous to public credit.”25 The problem was partly that such “discrimination” in favor of former debt holders was unworkable. The government would have to track them down, ascertain their sale prices, then trace all intermediate investors who had held the debt before it was bought by the current owners—an administrative nightmare. Hamilton could have left it at that, ducking the political issue and taking refuge in technical jargon. Instead, he shifted the terms of the debate. He said that the first holders were not simply noble victims, nor were the current buyers simply predatory speculators. The original investors had gotten cash when they wanted it and had shown little faith in the country’s future. Speculators, meanwhile, had hazarded their money and should be rewarded for the risk. In this manner, Hamilton stole the moral high ground from opponents and established the legal and moral basis for securities trading in America: the notion that securities are freely transferable and that buyers assume all rights to profit or loss in transactions. The knowledge that government could not interfere retroactively with a financial transaction was so vital, Hamilton thought, as to outweigh any short-term expediency. To establish the concept of the “security of transfer,” Hamilton was willing, if necessary, to reward mercenary scoundrels and penalize patriotic citizens. With this huge gamble, Hamilton laid the foundations for America’s future financial preeminence.
Ron Chernow (Alexander Hamilton)
Under the impact of Western cultural influences, the souls of many Muslim men and women are slowly shrivelling. They are letting themselves be led away from their erstwhile belief that an improvement of living standards should be but a means to improving man’s spiritual perceptions; they are falling into the same idolatry of ‘progress’ into which the Western world fell after it reduced religion to a mere melodious tinkling somewhere in the background of happening; and are thereby growing smaller in stature, not greater: for all cultural imitation, opposed as it is to creativeness, is bound to make a people small... Not that the Muslims could not learn much from the West, especially in the fields of science and technology. But, then, acquisition of scientific notions and methods is not really ‘imitation’: and certainly not in the case of a people whose faith commands them to search for knowledge wherever it is to be found. Science is neither Western nor Eastern, for all scientific discoveries are only links in an unending chain of intellectual endeavour which embraces mankind as a whole. Every scientist builds on the foundations supplied by his predecessors, be they of his own nation or of another; and this process of building, correcting and improving goes on and on, from man to man, from age to age, from civilisation to civilisation: so that the scientific achievements of a particular age or civilisation can never be said to ‘belong’ to that age or civilisation. At various times one nation, more vigorous than others, is able to contribute more to the general fund of knowledge; but in the long run the process is shared, and legitimately so, by all. There was a time when the civilisation of the Muslims was more vigorous than the civilisation of Europe. It transmitted to Europe many technological inventions of a revolutionary nature, and more than that: the very principles of that ‘scientific method’ on which modern science and civilisation are built. Nevertheless, Jabir ibn Hayyan’s fundamental discoveries in chemistry did not make chemistry an ‘Arabian’ science; nor can algebra and trigonometry be described as ‘Muslim’ sciences, although the one was evolved by Al-Khwarizmi and the other by Al-Battani, both of whom were Muslims: just as one cannot speak of an ‘English’ Theory of Gravity, although the man who formulated it was an Englishman. All such achievements are the common property of the human race. If, therefore, the Muslims adopt, as adopt they must, modern methods in science and technology, they will do not more than follow the evolutionary instinct which causes men to avail themselves of other men’s experiences. But if they adopt - as there is no need for them to do - Western forms of life, Western manners and customs and social concepts, they will not gain thereby: for what the West can give them in this respect will not be superior to what their own culture has given them and to what their own faith points the way. If the Muslims keep their heads cool and accept process as a means and not an end in itself, they may not only retain their own inner freedom but also, perhaps, pass on to Western man the lost secret of life’s sweetness...
Muhammad Asad (The Road to Mecca)
Every organisation faces challenges, but few seize to perform, not due to any shortage of funds, technology or knowledge, but due to the fact that people in such organisations do not use their creativity to explore innovative solution for their challenges.
Sukant Ratnakar (Open the Windows: To the World Around You)
Introducing the No More Tears Slicer, which lets you slice your prep time in half! With the No More Tears Onion Slicer, you can slice your way through onions, dice vegetables, and slice cheese in minutes! This is one kitchen tool you don't want to do without! Order this time-saving instrument NOW for the TV-price of only $19.99! The University of Portlandia is seeking a research fellow to work on the Multilingual Metrolingualism (MM) project, a new five-year NSF-funded project led by Dr Hannelore Holmes. We are seeking a highly motivated and committed researcher to work on all aspects of the MM Project, but in particular on developing a coding system suitable for urban youth language use. Applicants should have a PhD in a relevant area of sociolinguistics or a closely related field. Proficiency in at least one of the following languages is essential: French, Swahili, Mandarin, or Tok Pisin. Candidates must also have good knowledge and understanding of discourse analysis, semiotics, and grammatical analysis. Applicants should demonstrate enthusiasm for independent research and commitment to developing their research career. The post is fixed-term for five years due to funding. The post is available from April 1 or as soon as possible thereafter. Job sharers welcome. The University of Portlandia is an Equal Opportunity
Ronald Wardhaugh (An Introduction to Sociolinguistics (Blackwell Textbooks in Linguistics))
The reality is that those who would like to see AGW theory discarded should increase their expectations of climate science rather than, as many do, support the myth that weather and climate are essentially chaotic and therefore unpredictable. The real long-term solution is philanthropic funding of alternative research programs, funding that backs diversity and competition. The Enlightenment happened because brave men went in search of knowledge. They sought to understand the natural world, not to save it. What climate science needs right now are new tools to replace the failed GCMs, and a new unifying theory of climate to replace the failed theory of anthropogenic global warming.
Alan Moran (Climate Change: The Facts)
GOOD PRODUCT MANAGER/BAD PRODUCT MANAGER Good product managers know the market, the product, the product line, and the competition extremely well and operate from a strong basis of knowledge and confidence. A good product manager is the CEO of the product. Good product managers take full responsibility and measure themselves in terms of the success of the product. They are responsible for right product/right time and all that entails. A good product manager knows the context going in (the company, our revenue funding, competition, etc.), and they take responsibility for devising and executing a winning plan (no
Ben Horowitz (The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers)
Personally, even if with all my knowledge and experience in the finance and investment fields and previous success in investing directly in stocks, I believe in investing in mutual funds. This is because my expertise is providing holistic consulting to NRIs based on local and international rules related to investment and taxation to increase their risk adjusted after-tax return and not that of equity research and stock picking.
Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
Jobs had tried to hire Rashid, then a computer science professor at Carnegie-Mellon University, but Rashid turned him down. He was reluctant to join the hurly-burly life of a corporation. His Mach research had been almost wholly funded by government grants; an agency of the Pentagon, his principal backer, saw Mach as crucial to unleashing the vast power of multiprocessor computers, inherently cheap machines that would someday replace pricey supercomputers as the backbone of the nation’s military and intelligence-gathering networks. Besides, Rashid was an academic purist. He seemed sincerely devoted to pursuing knowledge about software for its own sake. This was rare, even among academics, because software was such a remunerative field that the brightest researchers found themselves inexorably pulled into commerce: The money was too good. After
G. Pascal Zachary (Showstopper!: The Breakneck Race to Create Windows NT and the Next Generation at Microsoft)
When the conductor Simon Rattle left the City of Birmingham Symphony Orchestra to take over the Berlin Philharmonic in 2001, he was released from the usual circumspection incumbent upon those in receipt of Arts Council funds: ‘Shame on the Arts Council for knowing so little, for being such amateurs, for simply turning up with a different group of people every few years with no expertise, no knowledge of history, to whom you have to explain everything, where it came from and why it is there, who don’t listen and who don’t care. Shame on them!’35
Robert Hewison (Cultural Capital: The Rise and Fall of Creative Britain)
students’ funds of knowledge
Alyssa Hadley Dunn (Teachers Without Borders? The Hidden Consequences of International Teachers in U.S. Schools (Multicultural Education))
[T]he elite academic institutions in America are fully controlled by fake legacies and greedy, unethical donors dictating how things work, how knowledge gets produced (or buried), and which researches get funded or shot down. In fact, I would not be surprised to learn that donors may even dictate which professors are hired behind closed doors.
Louis Yako
What Are Skills? Skills are the capabilities developed through training or hands-on experience. Skills are the practical application of knowledge. Someone can take a course on investing and gain knowledge of it. But only experience in trading gives them the skills. What Are Abilities? Abilities, often confused with skills, are the innate traits or talents that you bring to a task or situation. Many people can learn to negotiate competently by acquiring knowledge and practicing skills. But a few are brilliant negotiators because they have an innate ability to persuade. What Are Assets? Assets are funds you have saved up or that you acquire through loans, investors, or fund-raising. So how do assets work with everything else to push your business from idea into reality? Take a look at the example below. This is what I call the knowledge, skills, abilities, and assets matrix:
Ramesh Dontha (The 60 Minute Startup)
It is implausible that judges are unaware that the most dangerous environment for children is precisely the single-parent homes they themselves create when they remove fathers in custody proceedings. Yet they have no hesitation in removing them, secure in the knowledge that they will never be held accountable for any harm that comes to the children. On the contrary, if they do not they may be punished by feminist-dominated family law sections of the bar associations and social work bureaucracies whose earnings and funding depend on a constant supply of abused children. A Brooklyn judge, described as “gutsier than most” by the New York Law Journal, was denied reappointment when he challenged social service agencies’ efforts to remove children from their parents. A lawyer close to the Legal Aid Society said that “many of that group’s lawyers, who [claim to] represent the children’s interests in abuse cases, and lawyers with agencies where [allegedly?] abused children are placed, have been upset by Judge Segal’s attempts to spur fam ily reunifications.” Though no evidence indicated that his rulings resulted in any child being abused or neglected, “most of the opposition [to his reappointment] came from attorneys who represent children in neglect and abuse proceedings.” An Edmonton, Alberta, judge was forced by feminists to apologize for saying, “That parties who decide to have children together should split for any reason is abhorrent to me,”...
Stephen Baskerville
If the investor is to rely chiefly on the advice of others in handling his funds, then either he must limit himself and his advisers strictly to standard, conservative, and even unimaginative forms of investment, or he must have an unusually intimate and favorable knowledge of the person who is going to direct his funds into other channels. But if the ordinary business or professional relationship exists between the investor and his advisers, he can be receptive to less conventional suggestions only to the extent that he himself has grown in knowledge and experience and has therefore become competent to pass independent judgment on the recommendations of others. He has then passed from the category of defensive or unenterprising investor into that of aggressive or enterprising investor.
Benjamin Graham (The Intelligent Investor)
The poor girl liked to be thought clever, but she hated to be thought bookish; she used to read in secret and, though her memory was excellent, to abstain from showy reference. She had a great desire for knowledge, but she really preferred almost any source of information to printed page; she had an immense curiosity about life and was constantly staring and wondering. She carried herself with a great fund of life, and her deepest enjoyment was to feel the continuity between the movements of her own soul and agitations of the world.
Herny James
Assured by a consensus of the leading medical authorities for fifty years that the danger was past, federal and state governments in the United States dismantled their public health programs dealing with communicable diseases and slashed their spending; investment by private industry on the development of new vaccines and classes of antibiotics dried up; the training of health-care workers failed to keep abreast of new knowledge; vaccine development and manufacturing were concentrated in a few laboratories; and the discipline of infectious diseases no longer attracted its share of research funds and the best minds.
Frank M. Snowden III (Epidemics and Society: From the Black Death to the Present)
The huge gifts of money that wealthy owners of sports teams wheedle out of taxpayers are a free lunch that someone must fund. Often that burden falls on poor children and the ambitious among the poor. Sports-team subsidies undermine a century of effort to build up the nation’s intellectual capacity and, thus, its wealth. Andrew Carnegie poured money from his nineteenth-century steel fortune into local libraries across America because he was certain it would build a better and more prosperous nation, which indeed it did. These libraries imposed costs on taxpayers, but they also returned benefits as the nation’s store of knowledge grew. That is, library spending is a prime example of a subsidy adding value.
David Cay Johnston (Free Lunch: How the Wealthiest Americans Enrich Themselves at Government Expense (and Stick You with the Bill))
The current political system was never designed to deal with the high complexity and frenetic pace of a knowledge-based economy. Parties and elections may come and go. New methods for fund-raising and campaigning are emerging, but in the United States, where the knowledge economy is most advanced and the Internet allows new political constituencies to form almost instantly, significant change in political structure comes so slowly as to be almost imperceptible. One hardly needs to defend the economic and social importance of political stability. But immobility is another matter. The U.S. political system, two centuries old, changed fundamentally after the Civil War of 1861–1865 and again in the 1930s after the Great Depression, when it adapted itself more fully to the industrial era. Since then the government has certainly grown. But as far as basic, institutional reform is involved, the U.S. political structure will continue crawling along at three miles per hour, with frequent rest stops at the side of the road, until a constitutional crisis strikes.
Alvin Toffler (Revolutionary Wealth)
Every American should be able to expect certain standards, freedoms, benefits, and opportunities form a twenty-first-century health system. If they are willing to participate and be responsible, they will gain: •Improved health; •Longer lives with a much better quality of life; •A more convenient, understandable and personalized experience -- all at a lower cost; •Access to the best course of treatment for their particular illness and their unique characteristics; •A system that fosters and encourages innovation, competition, and better outcomes for patients; •A system that truly values the impact that medical innovation has on patients and their caregivers as well as on society as a whole; •A government that facilitates and accelerates extraordinary opportunities to improve health and health care; •Continuous but unobtrusive 24/7 monitoring of their general health, chronic conditions, and acute health problems; •Access to the most modern medical knowledge and breakthroughs, including the most advanced technologies, therapies and drugs, unimpeded by government-imposed price controls or rationing; •The chance to increase their personal knowledge by learning from a transparent system of information about their diagnosis, costs and alternative solutions; •A continuously improving, competitive, patient-focused medical world in which new therapies, new technologies, and new drugs are introduced as rapidly and safely as possible -- and not a day later; •Greater price and market competition, innovation and smarter health care spending; •A system of financing that includes insurance, government, charities, and self-funding that ensures access to health and health care for every American at the lowest possible cost without allowing financing and short-term budgetary considerations to distort and weaken the delivery of care; •Genuine insurance to facilitate access to dramatically better care, rather than the current system, which is myopically focused on monthly or annual payments; •A health system in which third parties and government bureaucrats do not impede the best course of treatment that doctors and their patients decide on; •A health system in which seniors, veterans, or others under government health programs receive the same quality of care as their children in private markt systems. Big reforms are required to transform today’s expensive, obsolete health bureaucracy into a system that conforms to these principles.
Newt Gingrich (Understanding Trump)
Yet risk feels particularly complicated in the context of the stories of white firearm. Lessons seem hard to cull when the support groups are comprised only of grieving loved ones because the primary victims do not live long enough to tell you what was going through their minds. Knowledge about best practices is fleeting because Congress effectively blocks federally funded research on gun-related risk, leading to a knowledge vacuum unlike anything ever seen for every other leading cause of injury and death. Ultimately, risk is embodied not in the imagined intruder but in the person who already lives in the house. Risk then becomes at once prevalent and invisible. Risk is an ellipsis, an evanescent void.
Jonathan M. Metzl
She and De Chika expected Vivek to go overseas for university, with a certainty they passed down to him—a knowledge that his time here at home was temporary and that a door was waiting as soon as he was done with his WAEC exams. Later I realized that it was the spilling gold of the dowry that funded this belief, but back then I thought they were just being optimistic, and it surprised me, because even my own mother who believed in thick prayers had never mentioned me going overseas.
Akwaeke Emezi (The Death of Vivek Oji)
The Ultimate Guide to Student Loans by Bruce Mesnekoff With the cost of college rising and governmental/private funding declining, it is no wonder that most Americans are concerned about their ability to finance a post-secondary education. Tuition prices are rising at Community Colleges, State Schools, Private and Technical colleges, leaving most Americans wondering how they are going to afford to pay for their education. This book educates parents, grandparents, young adults and students of all ages how to optimize the educational payment process. The Ultimate Guide To Student Loans is the collaboration of two financial experts who guide you through the confusing maze of investing for education and the student loan world from beginning to end. Jordan Goodman, America’s Money Answers Man, personal finance expert and frequent guest on radio and TV shows, and Bruce Mesnekoff, CEO of The Student Loan Help Center, student loan management and consolidation expert, share their knowledge and simplify the complicated process and maze of government and private rules and regulations about student loans. They also guide you through all of your investment choices to finance college education. This book helps you understand student loans by explaining: ways to invest so that you can avoid taking on student loans in the first place the optimum ways to get the best student loans paying off your loans as quickly as possible The book provides extensive information and resources to help you no matter where you are in the student loan financing process. These resources include contact information and descriptions for: federal regulatory organizations educational associations websites loan repayment programs The book also offers an appendix with abbreviations, acronyms and a glossary of student loan related terms. Also you can consult with The Student Loan Help Center for all kind of your consolidation problems. Use this book to improve your entire educational financing experience!
The Student Loan Help Center
Clinton stated in a secret 2009 paper that groups like al-Qaeda and the Taliban were funded by donors in Gulf States, especially Saudi Arabia. Secretary Clinton wrote about Saudi Arabia becoming a “financial support” base for terror groups fighting American soldiers in Iraq and Afghanistan. She urged diplomats to intensify their efforts in curbing money from Saudi Arabia and Gulf nations going to militant groups in Pakistan and Afghanistan. She also wrote that Saudi Arabia was a “significant source” of funding to extremist Sunni groups around the globe. Secretary Clinton, in a rare display of caution regarding the flow of money from powerful Middle Eastern nations to groups directly opposed to the U.S., clearly expressed the need to end the funding of terror groups. However, the Clinton Foundation still accepted around $20 million from the Kingdom of Saudi Arabia, despite the knowledge Clinton displayed regarding its role in funding Sunni extremist groups. Rather than refrain from accepting money from the same nation funding certain enemies abroad, Clinton looked the other way, and eventually gave them more weapons than even the Bush Administration. Saudi Arabia was one of the countries that received an exponential increase in weapons shipments during Clinton’s tenure as Secretary of State. They were also one of the countries that donated millions to the Clinton Foundation. This blatant conflict of interest is completely overlooked by many, even though American soldiers are still fighting Sunni extremist groups funded by the same nations who’ve donated to the Clinton Foundation.
H.A. Goodman (BUT HER DELETED EMAILS: Haiti, The Clinton Foundation, Possible Treason and 33,000 Deleted Emails (But Her Emails Series Book 2))
the dogma of the Communion of Saints. All the members of Christ's mystic body are organi cally connected with one another and enjoy spirit ual benefits in common. 52 A natural consequence of this communion is the ap plicability to others of fhe satisfactory merits which the saints in Heaven and the righteous still living on earth have gained by their penitential works, but do not need for themselves. There must be a wealth of such accumu lated merits. Think of the overflowing satisfactions of our Blessed Lady, who is justly called the Mother of Sorrows, of St. John the Baptist, and many others who practiced austere penance. 53 Though all these satisfac tions are as nothing compared with the infinite merits of Christ, they nevertheless constitute a fund having its existence in the knowledge and free acceptation of God. This fund must have a purpose, though it is of a purely finite nature and, apart from the merits of Christ, might conceivably in course of time be exhausted. 54
Joseph Pohle (The sacraments: A Dogmatic Treatise, Vol. 3)
The narrative pushes us, its readers, to consider our response to Jesus. With whom are you identifying, Herod or the magoi? Take care not to answer too quickly. Herod would have self-identified as a religiously observant Jew. He consistently presented himself in this way and viewed his project to rebuild the temple as a powerful example of his commitment to Israel’s God.28 (See again the drawings of Herod’s temple on the insert following page 64.) He intensified his guilt, however, by using Scripture to locate the child. This act confirmed his knowledge that he was setting himself against God and his purposes in order to maintain his own rule and dynasty. His knowledge of God and Scripture led him not to submission and worship; instead, he prized self-preservation and self-rule above anything else, even God. He would not bow to the authority of a different Judean king, whether that king had God’s approval or not. Herod chose resistance and opposition to Jesus and God’s plan. Herod powerfully illustrates the fact that it’s not enough to identify outwardly with God’s people. It’s not enough to give sacrificially of your funds and energy to build God’s house (or temple) and to help others worship. It’s not enough to learn about God and his plan through his Scriptures. Every one of us is confronted daily with a choice of our will: Whom will we serve? For whom will we live? This is not the kind of decision that can be made once and for all (“I gave my life to God when I was a child”) or that can be determined by past or even present performance (“I have gone to church every Sunday for the last twenty years and regularly give money to the church”). It’s the kind of decision we must make afresh every day, and that entails more (but not less) than mere outward actions. For whom are you living today?
Andreas J. Köstenberger (The First Days of Jesus: The Story of the Incarnation)
However, little evidence exists to suggest that doctoral programs support the development of doctoral students as teachers, let alone as interculturally aware teachers. Teaching development is not integrated in program requirements. We are not aware of doctoral-level qualifying exams that evaluate one’s capacity to teach in addition to theory, content, and research capabilities. Even when teaching assistantships are available for funding and accruing experience, they rarely occur in the context of a programmatic approach to using that assistantship/practice to develop graduate students as educators, to generate reflection toward future and ongoing development.
Amy Lee (Teaching Interculturally: A Framework for Integrating Disciplinary Knowledge and Intercultural Development)
intelligence for the sector. “They say they’re uncle and nephew, and they’re clean: no tattoos. That third one, though—he’s a keeper.” The third man had given his name as José Hernández, which was the equivalent of a Caucasian claiming to be called John Smith. He had not been picked up in the sweep of the yard, but a couple of hours later, supposedly as he waited for a bus to Tucson, although it was more likely he was waiting for a ride back to Mexico, since the next bus for Tucson wasn’t scheduled to leave until the following morning. He was smaller and leaner than the others, and had so far done his best not to make eye contact with any of his interrogators. He was also the only one who had been wearing a long-sleeved shirt, fully buttoned, when detained. “What did Lagnier have to say about him?” Ross asked. “Beyond the fact that Hernández had been working for him on and off for about five days,” said Zaleski, “Mr. Lagnier had nothing to say about him at all, and that’s ‘nothing’ with a heavy emphasis.” “Meaning?” “Meaning Lagnier knew better than to ask about José’s background. It’s probably not the first time Lagnier’s done a solid for some friends from across the border: a place for cousins to sleep, a little work to replenish funds before they head farther north. But sometimes…” Zaleski let it hang. Parker figured everyone in the room now knew that Lagnier had an arrangement with the ATF, and if they didn’t, they had no business being there. “Sometimes it’s a more substantial favor,” finished Newton, one of the Maricopa detectives. “One he doesn’t share with his handlers.” “Not unless Lagnier wants to try holding his silverware without thumbs,” said Zaleski. “This whole territory belongs to the Sinaloa cartel, and nothing moves in or out without their knowledge. Young José in there has himself a collection of tattoos under that shirt. He didn’t much approve of us having a look-see, but he knew better than to kick up a fuss.” Zaleski took out her phone and displayed a series of photographs of Hernández’s adornments.
John Connolly (A Book of Bones (Charlie Parker #17))
In 2009, an American soldier named Bowe Bergdahl slipped through a gap in the concertina wire at his combat outpost in southern Afghanistan and walked off into the night. He was quickly captured by a Taliban patrol, and his absence triggered a massive search by the US military that put thousands of his fellow soldiers at risk. The level of betrayal felt by soldiers was so extreme that many called for Bergdahl to be tried for treason when he was repatriated five years later. Technically his crime was not treason, so the US military charged him with desertion of his post—a violation that still carries a maximum penalty of death. The collective outrage at Sergeant Bergdahl was based on very limited knowledge but provides a perfect example of the kind of tribal ethos that every group—or country—deploys in order to remain unified and committed to itself. If anything, though, the outrage in the United States may not be broad enough. Bergdahl put a huge number of people at risk and may have caused the deaths of up to six soldiers. But in purely objective terms, he caused his country far less harm than the financial collapse of 2008, when bankers gambled trillions of dollars of taxpayer money on blatantly fraudulent mortgages. These crimes were committed while hundreds of thousands of Americans were fighting and dying in wars overseas. Almost 9 million people lost their jobs during the financial crisis, 5 million families lost their homes, and the unemployment rate doubled to around 10 percent. For nearly a century, the national suicide rate has almost exactly mirrored the unemployment rate, and after the financial collapse, America’s suicide rate increased by nearly 5 percent. In an article published in 2012 in The Lancet, epidemiologists who study suicide estimated that the recession cost almost 5,000 additional American lives during the first two years—disproportionately among middle-aged white men. That is close to the nation’s losses in the Iraq and Afghan wars combined. If Sergeant Bergdahl betrayed his country—and that’s not a hard case to make—surely the bankers and traders who caused the financial collapse did as well. And yet they didn’t provoke nearly the kind of outcry that Bergdahl did. Not a single high-level CEO has even been charged in connection with the financial collapse, much less been convicted and sent to prison, and most of them went on to receive huge year-end bonuses. Joseph Cassano of AIG Financial Products—known as “Mr. Credit-Default Swap”—led a unit that required a $99 billion bailout while simultaneously distributing $1.5 billion in year-end bonuses to his employees—including $34 million to himself. Robert Rubin of Citibank received a $10 million bonus in 2008 while serving on the board of directors of a company that required $63 billion in federal funds to keep from failing. Lower down the pay scale, more than 5,000 Wall Street traders received bonuses of $1 million or more despite working for nine of the financial firms that received the most bailout money from the US goverment.
Sebastian Junger (Tribe: On Homecoming and Belonging)
Clauses in a smart contract can cause a transaction to fail and thereby revert all previous steps of the transaction; as a result, transactions are atomic. Atomicity is a critical feature of transactions because funds can move between many contracts (i.e., exchange hands) with the knowledge and security that if one of the conditions is not met, the contract terms reset as if the money never left the starting point.
Campbell R. Harvey (DeFi and the Future of Finance)
Without any way to predict the difficulty of obtaining new knowledge, and without any tools to assess its market value, how could someone bet money on it? As one venture capitalist for Kleiner Perkins puts it, “We don’t fund science experiments.” In some respects, then, this leaves a gap. While it is frequently the case that new knowledge can arise from academia or a government laboratory and then secure venture capital afterward, it seems a more difficult proposition in Silicon Valley than it was long ago in New Jersey. The value of the old Bell Labs was its patience in searching out new and fundamental ideas, and its ability to use its immense engineering staff to develop and perfect those ideas.
Jon Gertner (The Idea Factory: Bell Labs and the Great Age of American Innovation)
More wealth has been created from applied knowledge and creativity than from hard work and labor.
Linsey Mills (Your Business Venture: The Prep. The Pitch. The Funding.)
No matter how little a man may add to the fund of human knowledge it’s worth the doing, for it’s by little bits that we’ve learned to know so much of our old world.
Dillon Wallace (The Long Labrador Trail)
A Constant Search for Knowledge The consistent, disciplined, purposeful, constant search for knowledge: it’s where the life-changing ideas are. Pursue knowledge with high expectations. Spend the money, time, and effort. They are all investments, but the payoff is so great it’s hard to compare the cost to the reward. First is the money. I have a great suggestion. Set up an educational fund for the programs, the books, the lectures, the seminars, and the videos you need for a constant flow of ideas and inspiration. Take a portion of your income each month and set it aside to invest in the search for knowledge. Remember, the best money spent is the money spent to cultivate the genius of your own mind and spirit. Make sure you don’t spend more for frivolous comforts and conveniences than you do for education. The money is a small price. The promise is unlimited potential. The next investment is time, which is an extremely valuable expenditure. It’s one thing to ask someone for their money, but to ask them for their time is a much more significant request. Knowledge takes time, precious time. The time you spend is irreplaceable. You can get more money, but you can’t get more time. However, life has a unique way of rewarding high investment with high return. The major investment of time you’re making now could be that small fine-tuning you need for major accomplishment. Last is the investment of effort. There is a great deal of difference between casual learning and serious learning. Learning that opens up the whole mental and spiritual process is truly an investment in effort. And this effort is the investment that opens the floodgates of ideas that can work their magic for you in the marketplace. So I don’t hesitate to ask you to spend—in a deliberate and consistent fashion—the money, time, and effort required to reach your goals. These are the investments that turn on the lights, sharpen the focus, and start turning your wishes of wealth and happiness into reality.
Jim Rohn (Leading an Inspired Life)
The Empowered Sonnet Woman empowered is civilization empowered. Dream empowered is progress empowered. Parents empowered is children empowered. Teachers empowered is future empowered. Don't defund the police, use those funds, To send the officers to behavioral therapy. To have an understanding of justice and order, We must have a grip over our impulses and biases. Discrimination don't disappear if we shut our eyes, Each of us must live as an antidote to discrimination. Ignorance doesn't become knowledge when peddled by scripture, Better burn all scriptures if they peddle hate and division. To conquer our biases and stereotypes is to conquer inhumanity. To expand our heart beyond assumption is to empower humanity.
Abhijit Naskar (High Voltage Habib: Gospel of Undoctrination)
However, our current research climate, governed by imperfect “metrics” and policies, obstructs this prudent approach. Driven by an ever-deepening lack of funding, against a background of economic uncertainty, global political turmoil, and ever-shortening time cycles, research criteria are becoming dangerously skewed toward conservative short-term goals that may address more immediate problems but miss out on the huge advances that human imagination can bring in the long term.
Abraham Flexner (The Usefulness of Useless Knowledge)
For some pursuit of knowledge is enough of a motivator, but the issue of funding is a barrier. The scientific community is frequently compromise because of funding sources. The absence of research on a topic that concerns you as an under represented person doesn't mean the problem doesn't exist. It could simply mean that the motivation or the economic incentive for doing the research doesn't exist. Western culture and by extension all nations affected by colonialism is money driven, if there isn't a monetary reason to do some thing you will be hard-pressed to get it done.
Dalia Kinsey (Decolonizing Wellness)
There is no longer a public domain. Journalism has come to resemble the insular world of academia, where research had long been sequestered from the masses. Unless you have an institutional affiliation, individual academic articles can cost twenty or thirty dollars, sometimes more—a price no one pays, but that was constructed to keep the general public away and maintain an elite grip on publicly funded knowledge. The article fee is a symbolic amount: the price of entry, the cost of exclusion.
Sarah Kendzior (They Knew: How a Culture of Conspiracy Keeps America Complacent)
Why knowledge can be a curse; and why talking about a “gray T-shirt” rather than a “top” increases sales. And lest you think it’s always better to be concrete, I’ll show you when it’s better to be more abstract. Why abstract language signals power, leadership, and helps startups raise funding.
Jonah Berger (Magic Words)
Ignorance and unreadiness walk hand in hand, blind to the opportunities that lie within the pages of knowledge.
Linsey Mills (Your Business Venture: The Prep. The Pitch. The Funding.)
To recap, here’s what we all can do to stop the mass shooting epidemic: As Individuals: Trauma: Build relationships and mentor young people Crisis: Develop strong skills in crisis intervention and suicide prevention Social proof: Monitor our own media consumption Opportunity: Safe storage of firearms; if you see or hear something, say something. As Institutions: Trauma: Create warm environments; trauma-informed practices; universal trauma screening Crisis: Build care teams and referral processes; train staff Social proof: Teach media literacy; limit active shooter drills for children Opportunity: Situational crime prevention; anonymous reporting systems As a Society: Trauma: Teach social emotional learning in schools. Build a strong social safety net with adequate jobs, childcare, maternity leave, health insurance, and access to higher education Crisis: Reduce stigma and increase knowledge of mental health; open access to high quality mental health treatment; fund counselors in schools Social proof: No Notoriety protocol; hold media and social media companies accountable for their content Opportunity: Universal background checks, red flag laws, permit-to-purchase, magazine limits, wait periods, assault rifle ban
Jillian Peterson (The Violence Project: How to Stop a Mass Shooting Epidemic)
Theodore had an apparently inexhaustible fund of knowledge about everything, but he imparted this knowledge with a sort of meticulous diffidence that made you feel he was not so much teaching you something new as reminding you of something which you were already aware of, but which had, for some reason or other, slipped your mind.
Gerald Durrell (The Corfu Trilogy (The Corfu Trilogy #1-3))
1)Insufficient research and knowledge: Many beginners dive into investing without fully understanding the fundamentals or conducting thorough research. It's crucial to educate yourself about different investment options, financial markets, and investment strategies before getting started. 2)Failure to establish clear investment goals: Investing without clear goals can lead to haphazard decision-making and poor portfolio management. Beginners should define their investment objectives, such as saving for retirement, buying a home, or funding education, and then align their investment strategy accordingly. 3)Lack of diversification: Beginners sometimes make the mistake of investing all their money in a single investment or asset class. This lack of diversification can expose them to significant risks. It's important to spread investments across different asset classes, industries, and geographies to reduce the impact of any individual investment's performance on the overall portfolio. 4)Emotion-driven decision-making: Emotions can often cloud investment decisions. Beginners may get swayed by market hype, fear, or short-term fluctuations, leading to impulsive buying or selling. It's essential to make investment decisions based on rational analysis and a long-term perspective rather than reacting to short-term market movements. 5)Chasing quick profits: Beginner investors may be tempted by get-rich-quick schemes or investments promising high returns in a short period. Such investments often involve higher risks, and pursuing quick profits can lead to significant losses. It's important to have realistic return expectations and focus on long-term, sustainable investment strategies.
Let’s first look at the source of funds for private equity. If the source of funds for friends and families come largely from their savings, and for banks largely from depositors and the interbank borrowing, the source of fund for private equity comes from investors which can be individuals or institutions. But they have to be qualified as “sophisticated or accredited investors”. By that, it means they have a significant amount of money and possess sophisticated investment knowledge to understand the risk involved in investing in private equity funds. For example, in Singapore, one of the key qualifying criteria to be deemed as “sophisticated or accredited investor” is that you must have personal networth of S$2 million.
Sherman SET (Unveiling The Secrets of Private Equity: By an insider)
Five months later, Goldman launched Project Maximus, buying another $1.75 billion in bonds to finance 1MDB’s acquisition of power plants from the Malaysian casino-and-plantations conglomerate Genting Group. Again, the fund paid a high price, and, like Tanjong, Genting made payments to a Najib-linked charity. This time, $790.3 million disappeared into the look-alike Aabar. David Ryan, president of Goldman’s Asia operations, argued to lower the fee on the second bond, given how easy it had been to sell the first round. But he was overruled by senior executives, including Gary Cohn. While Goldman was working on the deal, Ryan was effectively sidelined; the bank brought in a veteran banker, Mark Schwartz, a proponent of the 1MDB business, as chairman in Asia, a post senior to Ryan’s. Goldman earned a little less than the first deal, making $114 million—still an enormous windfall. For bringing in the business, Leissner was paid a salary and bonuses in 2012 of more than $10 million, making him one of the bank’s top-remunerated employees. But that was just the tip of the iceberg. Unknown to his bosses at Goldman, and three months after the first bond, millions of dollars began to flow into a British Virgin Islands shell company controlled by Leissner, some of which he shared with Roger Ng, according to Department of Justice filings. Millions of dollars more moved through Leissner’s shell company to pay bribes to 1MDB officials. Over the next two years, more than $200 million in 1MDB money, raised by Goldman, would flow through accounts controlled by Leissner and his relatives. He could have taken his hefty Goldman salary and disavowed knowledge of the bribery carried out by Low and others. Perhaps he would have gotten away with it, as many Wall Street bankers do in countries far from headquarters. But he decided to take a risk by becoming a direct accomplice in the fraud, rather than just greasing its wheels. He had seen the kind of life Low was leading, and he must have thought that a mere $10 million wasn’t going to cut it, not if he wanted to buy super yachts and host parties himself. Soon he would be doing just that.
Bradley Hope (Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World)
In a Global Research article,179 Chossudovsky recalls past CIA covert operations such as those in Central America, Haiti, and Afghanistan. Illicit dope funded the so-called “Freedom Fighters” Langley sponsored in those areas. As an example, Chossudovsky noted that Iran-Contra rebels and the Afghan “muj” got their funds through “dirty money” being transformed into “covert money” by way of shell companies and the lending structure. Weapons and drugs and money flowed across the borders of Albania with Kosovo and Macedonia. For hefty commissions, “respectable” European banks, far removed from the fighting, dry-cleaned the dirty dollars. The drugs went one way, and the greenbacks another, helping pay the fighters and their trainers. Writing in Global Research,180 Prof. Chossudovsky added to our knowledge of the sources of support for the Bosnian Muslim Army and the KLA—opium-based drug money direct from the Golden Crescent (Afghanistan, Pakistan, and Iran). Mercenaries financed by Saudi Arabia and Kuwait had been fighting in Bosnia.181 And the Bosnian pattern was replicated in Kosovo: Mujahadeen [sic] mercenaries from various Islamic countries are reported to be fighting alongside the KLA [Kosovo Liberation Army] in Kosovo. German, Turkish and Afghan instructors were reported to be training the KLA in guerilla and diversion tactics.182 Worse, The trade in narcotics and weapons was allowed to prosper despite the presence since 1993 of a large contingent of American troops at the Albanian-Macedonian border with a mandate to enforce the embargo. The West had turned a blind eye. The revenues from oil and narcotics were used to finance the purchase of arms (often in terms of direct barter): “Deliveries of oil to Macedonia (skirting the Greek embargo [in 1993–94] can be used to cover heroin, as do deliveries of kalachnikov [sic] rifles to Albanian ‘brothers’ in Kosovo.
J. Springmann (Visas for Al Qaeda: CIA Handouts That Rocked the World: An Insider's View)
When people know what to expect each and every time they do business with you—caring, knowledgeable, and competent employees that won’t let them walk away unhappy—they are more likely to return again with their funds and friends in tow. But if you’re seen as erratic and unpredictable—some days delivering on the service promise, and other days treating standards as “nice to” but not “need to” performance goals—it creates a sense of unease and distrust that has a corrosive effect on loyalty.
Chip R. Bell (Managing Knock Your Socks Off Service)
First, invest in human ingenuity by teaching social entrepreneurship, problem-solving and collaboration in schools and universities worldwide: such skills will equip the next generation to innovate in open-source networks like no generation before them. Second, ensure that all publicly funded research becomes public knowledge by contractually requiring it to be licensed in the knowledge commons, rather than permitting it to be locked away under patents and copyright for private commercial gain. Third, roll back the excessive reach of corporate intellectual property claims in order to prevent spurious patent and copyright applications from encroaching on the knowledge commons.
Kate Raworth (Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist)
the feeling of interconnectedness between her family members, between the generations, the knowledge that she was a part of a larger story of the people she loved and their histories.
Anjali Enjeti (The Parted Earth (Cold Mountain Fund Series))
P2 - We are well on the way in a number of areas. Both billionaires and big Pharma are getting increasingly interested and money is starting to pour into research because it is clear we can see the light at the end of the tunnel which to investors equates to return on investment. Numerous factors will drive things forward and interest and awareness is increasing rapidly among both scientists, researchers and the general population as well as wealthy philanthropists. The greatest driving force of all is that the baby boomers are aging and this will place increasing demands on healthcare systems. Keep in mind that the average person costs more in medical expenditure in the last year of their life than all the other years put together. Also, the number of workers is declining in most developed countries which means that we need to keep the existing population working and productive as long as possible. Below are a list which are basically all technologies potentially leading to radical life extension with number 5 highlighted which I assume might well be possible in the second half of the century: 1. Biotechnology - e.g stem cell therapies, enhanced autophagy, pharmaceuticals, immunotherapies, etc 2. Nanotechnology - Methods of repairing the body at a cellular and molecular level such as nanobots. 3. Robotics - This could lead to the replacement of increasing numbers of body parts and tends to go hand in hand with AI and whole brain emulation. It can be argued that this is not life extension and that it is a path toward becoming a Cyborg but I don’t share that view because even today we don’t view a quadriplegic as less human if he has four bionic limbs and this will hold true as our technology progresses. 4. Gene Therapies - These could be classified under the first category but I prefer to look at it separately as it could impact the function of the body in very dramatic ways which would suppress genes that negatively impact us and enhance genes which increase our tendency toward longer and healthier lives. 5. Whole brain emulation and mindscaping - This is in effect mind transfer to a non biological host although it could equally apply to uploading the brain to a new biological brain created via tissue engineering this has the drawback that if the original brain continues to exist the second brain would have a separate existence in other words whilst you are identical at the time of upload increasing divergence over time will be inevitable but it means the consciousness could never die provided it is appropriately backed up. So what is the chance of success with any of these? My answer is that in order for us to fail to achieve radical life extension by the middle of the century requires that all of the above technologies must also fail to progress which simply won't happen and considering the current rate of development which is accelerating exponentially and then factoring in that only one or two of the above are needed to achieve life extension (although the end results would differ greatly) frankly I can’t see how we can fail to make enough progress within 10-20 years to add at least 20 to 30 years to current life expectancy from which point progress will rapidly accelerate due to increased funding turning aging at the very least into a manageable albeit a chronic incurable condition until the turn of the 22nd century. We must also factor in that there is also a possibility that we could find a faster route if a few more technologies like CRISPR were to be developed. Were that to happen things could move forward very rapidly. In the short term I'm confident that we will achieve significant positive results within a year or two in research on mice and that the knowledge acquired will then be transferred to humans within around a decade. According to ADG, a dystopian version of the post-aging world like in the film 'In Time' not plausible in the real world: "If you CAREFULLY watch just the first
Aubrey de Grey
After the separation from his partners and the closing of his firm (for reasons that had nothing to do with him), he did not start a new mega-fund. He limited his involvement in managing other people’s money. (Most people reintegrate into the comfort of other firms and leverage their reputation by raising monstrous amounts of outside money in order to collect large fees.) But such restraint requires some intuition, some self-knowledge. It is vastly less stressful to be independent—and one is never independent when involved in a large structure with powerful clients. It is hard enough to deal with the intricacies of probabilities, you need to avoid the vagaries of exposure to human moods. True success is exiting some rat race to modulate one’s activities for peace of mind. Thorp certainly learned a lesson: The most stressful job he ever had was running the math department of the University of California, Irvine. You can detect that the man is in control of his life.
Edward O. Thorp (A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market)