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"The tyranny of distance is such an important element of policy and the allocation of resources."

— George Brandis
george brandis Quotes Policy,Tyranny,Distance

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George Brandis
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Distance
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Have I ever remarked on how completely ridiculous it is to ask high school students to decide what they want to do with the rest of their lives and give them nearly no support in doing so? Support like, say, spending a day apiece watching twenty different jobs and then another week at their top three choices, with salary charts and projections and probabilities of graduating that subject given their test scores? The more so considering this is a central allocation question for the entire economy?

— Eliezer Yudkowsky

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The most important thing you can have is a good strategic asset allocation mix. So, what the investor needs to do is have a balanced, structured portfolio – a portfolio that does well in different environments…. we don't know that we're going to win. We have to have diversified bets.

— Ray Dalio

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