“Courage is not the absence of fear but the awareness that something else is more important.” Stephen Covey
“Remember, to learn and not to do is really not to learn. To know and not to do is really not to know.” Stephen Covey
“...when you get a good night's sleep and wake up ready to produce throughout the day.” Stephen Covey
“Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.” Stephen Covey
“The key is not to prioritize what's on your schedule, but to schedule your priorities.” Stephen Covey
“Most people do not listen with the intent to understand; they listen with the intent to reply.” Stephen Covey
“In the last analysis, what we are communicates far more eloquently than anything we say or do.” Stephen Covey
“The power to distinguish between person and performance and to communicate intrinsic worth flows naturally out of our own sense of intrinsic worth.” Stephen Covey
“Perform anonymous service. Whenever we do good for others anonymously, our sense of intrinsic worth and self-respect increases. … Selfless service has always been one of the most powerful methods of influence.” Stephen Covey
“Unless we exercise our power to choose wisely, our actions will be determined by conditions. Our ultimate freedom is the right and power to decide how anybody or anything outside ourselves will affect us.” Stephen Covey
“Live the law of love. We encourage obedience to the laws of life when we live the laws of love.” Stephen Covey
“Give no answer to contentious arguments or irresponsible accusations. Let such things "fly out open windows" until they spend themselves.” Stephen Covey
“Prepare your mind and heart before you prepare your speech. What we say may be less important than how we say it.” Stephen Covey
“Integrity in the Moment of Choice Quality of life depends on what happens in the space between stimulus and response.” Stephen Covey
“THE MOMENT OF CHOICE A moment of choice is a moment of truth. It's the testing point of our character and competence.” Stephen Covey
“Trust is the glue that holds everything together. It creates the environment in which all of the other elements — win-win stewardship agreements, self-directing individuals and teams, aligned structures and systems, and accountability — can flourish.” Stephen Covey
“\textstyle\frac{3}{4} of world problems and bewilderment would be lost if we understood our opponents.” Stephen Covey
“There will be real happiness, peace of mind and balance, when living by heart and right-mindedly.” Stephen Covey
“If you make a great number of predictions, the ones that were wrong will soon be forgotten, and the ones that turn out to be true will make you famous.” Malcolm Gladwell
“What do we tell our children? Haste makes waste. Look before you leap. Stop and think. Don't judge a book by its cover. We believe that we are always better off gathering as much information as possible and spending as much time as possible in deliberation.” Malcolm Gladwell
“The most influential thinker, in my life, has been the psychologist . He basically gave me my view of the world.” Malcolm Gladwell
“My major hobby is teasing people who take themselves and the quality of their knowledge too seriously and those who don’t have the guts to sometimes say: I don’t know....” Nassim Nicholas Taleb
“You may not be able to change the world but can at least get some entertainment and make a living out of the epistemic arrogance of the human race.” Nassim Nicholas Taleb
“Delivering advice assumes that our cognitive apparatus rather than our emotional machinery exerts some meaningful control over our actions.” Nassim Nicholas Taleb
“It does not matter how frequently something succeeds if failure is too costly to bear.” Nassim Nicholas Taleb
“Trading forces someone to think hard; those who merely work hard generally lose their focus and intellectual energy. In addition, they end up drowning in randomness; work ethics draw people to focus on noise rather than the signal.” Nassim Nicholas Taleb
“Mild success can be explainable by skills and labor. Wild success is attributable to variance.” Nassim Nicholas Taleb
“Lucky fools do not bear the slightest suspicion that they may be lucky fools - by definition, they do not know that they belong to such a category.” Nassim Nicholas Taleb
“Unlike a well-defined, precise game like Russian roulette, where the risks are visible to anyone capable of multiplying and dividing by six, one does not observe the barrel of reality.” Nassim Nicholas Taleb
“[T]he epic poet did not judge heroes by the result... their fate depended on totally external forces... Heroes are heroes because they are heroic in behavior, not because they won or lost.” Nassim Nicholas Taleb
“[T]he mental probabilistic map in one's mind is so geared toward the sensational that one would realize informational gains by dispensing with the news.” Nassim Nicholas Taleb
“From the standpoint of an institution, the existence of a risk manager has less to do with actual risk reduction than it has to do with the impression of risk reduction.” Nassim Nicholas Taleb
“My models showed that ultimately almost nobody really survived; bears dropped like flies in the rally and bulls ended up being slaughtered... But there was one exception... option buyers... could buy the insurance against blowup...” Nassim Nicholas Taleb
“I have two ways of learning from history: from the past, by reading the elders; and from the future, thanks to my Monte Carlo toy.” Nassim Nicholas Taleb
“A... vicious effect of... is that those that are good at predicting the past... think of themselves as good at predicting the future... [W]e live in a world where important events are not predictable...” Nassim Nicholas Taleb
“There are hordes of thoughtful journalists... [I]t is just that prominent media journalism is a thoughtless process of providing the noise that captures people's attention and there exists no mechanism for separating the two.” Nassim Nicholas Taleb
“I... found a significant advantage in selecting aged traders, using as a selection criterion their cumulative years of experience rather than their absolute success... [O]lder people have been exposed longer to the rare event and can be, convincingly, more resistant to it.” Nassim Nicholas Taleb
“Over a short time increment, one observes the variability of the portfolio, not the returns. ...[O]ne sees the variance, little else. ...Our emotions are not designed to understand the point. ...I deal with it by having no access to information. ...I prefer to read poetry.” Nassim Nicholas Taleb