Aaron

“If you want to make money at some point, remember this, because this is one of the reasons startups win. Big companies want to decrease the standard deviation of design outcomes because they want to avoid disasters. But when you damp oscillations, you lose the high points as well as the low. This is not a problem for big companies, because they don't win by making great products. Big companies win by sucking less than other big companies. ”
― Paul Graham, Hackers & Painters: Big Ideas from the Computer Age

“A year earlier, no company had been accorded more faith than Enron; by late November, none was trusted less. And so, a gasping gurgle, a desperate SOS: Enron, the emblem of free markets, the champion of deregulation, reached into its depleted treasury and forked over $100,000 to each of the major political parties' campaign war chests. Then, it shuttered its online trading unit - its erstwhile gem. On November 28, Standard & Poor's downgraded Enron to junk-bond level - which triggered provisions in Enron's debt requiring it to immediately repay billions of its obligations. This it could not do. Its stock was seventy cents and falling, and, now, no gatekeepers and no credit remained. Accordingly, in the first week of December, Enron, the archetype of shareholder value, availed itself of the time-honored protection for those who have lost their credit: bankruptcy.”
― Roger Lowenstein, Origins of the Crash: The Great Bubble and Its Undoing

“All knowledge is one. When a light brightens and illuminates a corner of a room, it adds to the general illumination of the entire room. Over and over again, scientific discoveries have provided answers to problems that had no apparent connection with the phenomena that gave rise to the discovery.”
― Isaac Asimov, Atom: Journey Across the Subatomic Cosmos

“The nuclear weapons on board just one of our Trident submarines contain eight times the firepower expended in all of World War II.”
― John Allen Paulos, Innumeracy: Mathematical Illiteracy and Its Consequences