A successful business maximizes the present value of future earnings. The first requirement, therefore, of business success is sustainable profits. One-time winnings, in business as in casinos, are disappointing. We expect more from our investments than that.
Stephen YoungIdeals and morality are often spoken of as virtual antimatter to the behaviors allegedly needed to maximize profits.
Stephen YoungWe haven't figured out a way to get sensors that can discriminate between decoys and warheads. The technology doesn't exist yet.
Stephen YoungIt's great to see the World Rowing Championships returning to U.S. soil for the first time in 25 years. I am even more excited that it will be taking place in my home state of Florida. Regardless of where my rowing career takes me, I am sure to be in attendance in Sarasota in 2017.
Stephen YoungMoral capitalism is possible; if not, its strictures are only a kind of misleading vanity, the rhetoric of a secular piety.
Stephen YoungMicromessaging -- communicating with other human beings through visual, audible, sublingual means, no doubt predates our ability to speak. We actually read micromessages quite naturally without thinking about them. You might say human beings read each other's micromessages subconsciously, in the same way that one dog understands another dog is unfriendly simply because the dog's fur is standing on end. The dogs read each other perfectly. It's not all that different for people.
Stephen Young