The way companies hang on to their marketshare is by being scared.
If people are a little nervous about approaching you at the market, it's good. I'm not Chuckles The Clown. Or Bozo. I don't cut the ribbon at the opening of markets. I don't stand next to the mayor. Hit your baseball into my yard, and you'll never see it again.
One cannot see any world leader who has got a grip on the financial markets these days. They're too big, too fast. I think that's quite scary.
The financial markets tend to be just a backdrop for a novel, for a heist or something that isn't necessarily integral to it. On the whole, I don't think the financial world has been well served by novels.
I'm pretty much a thrift shop gal. Flea markets on Sundays.
I think the understanding of the role of markets has really helped advance the values of entrepreneurship. It's helped shape public policy discussions in a whole variety of ways.
What's true for churches is true for other institutions: the older and more organized they get, the less adaptable they become. That's why the most resilient things in our world - biological life, stock markets, the Internet - are loosely organized.
I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.
Having an investor on your board of directors who is naive about public markets or finds them complex or scary is non-optimal.
I think one of the key differentiators I bring to the table as a venture capitalist is a solid understanding of the public markets and how they operate.
I take the family shopping round. The markets of the world.
You know those adages about smelling the roses and chasing butterflies? The markets are my butterflies and my roses.
Markets do very weird things because it reacts to how people behave, and sometimes people are a little screwy.
The problem is you cannot have free global trade with highly restrictive, regulated domestic markets.
I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional.
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