Payoffs Quotes

A thoughtful investment process contemplates both probability and payoffs and carefully considers where the consensus - as revealed by a price - may be wrong. Even though there are also some important features that make investing different than, say, a casino or the track, the basic idea is the same: you want the positive expected value on your side ~ Michael Mauboussin

There is an element of selfishness to this, I suppose. It feels pretty good to be able to so quickly help someone. That is, after all, one of the great emotional payoffs of medicine. That isn't to say that ECT is either a panacea or without flaws - but when used in the right way for the right purposes it's of great benefit, and condemning it because it isn't perfect would lead to more suffering and harm, no less.

It was one of the most difficult things I have ever done in my life. I have memory problems as a residual of it; however, I'm alive. That was the main point. ~ Kitty Dukakis

Nothing defines humans better than their willingness to do irrational
things in the pursuit of phenomenally unlikely payoffs. This is the
principle behind lotteries, dating, and religion. ~ Scott Adams

Take risks and you'll get the payoffs. Learn from your mistakes until you succeed. ~ Bobby Flay

Like the bear who went over the mountain, I went out to see what I could see. And, I might as well warn you, like the bear, all I could see was the other side of the mountain: more of same. I propose to keep here what Thoreau called 'a meteorological journal of the mind,' telling some tales and describing some of the sights of this rather tamed valley, and exploring, in fear and trembling, some of the unmapped dim reaches and unholy fastnesses to which those tales and sights dizzyingly lead.

I am no scientist. I explore the neighborhood. Some unwonted, taught pride diverts us from our original intent, which is to explore the neighborhood, view the landscape, to discover at least where it is that we have been set down, if we can't learn why.

So I think about the valley. It is my leisure as well as my work, a game. It is a fierce game I have joined because it is being played anyway, a game of both skill and chance, played against an unseen adversary- the conditions of time-in which the payoffs, which may suddenly arrive in a blast of light at any moment, might as well come to me as anyone else. I risk getting stuck on the board, so to speak, unable to move in any direction, which happens enough; and I risk the searing, exhausting nightmares that plunder rest and force me face down all night long in some muddy ditch seething with hatching insects and crustaceans.

But if I can bear the nights, the days are a pleasure. I walk out; I see something, ~ Annie Dillard

Bank of America is to sweetheart loans and Democratic Party payoffs as Paula Deen is to sugar and bacon grease. ~ Michelle Malkin

An international race in the relevant technologies is getting under way at this point, not necessarily with an understanding of where that race leads in the long run, but strongly motivated by the short-term payoffs. ~ K. Eric Drexler

Companies like Enron have learned that small investments in endowing chairs, sponsoring research programs or hiring moonlighting professors can return big payoffs in generating books, reports, articles, testimony and other materials to push for and rationalize public policy positions that damage the public interest but benefit corporate bottomlines. ~ Ralph Nader

Small kindnesses often, unintentionally, produce the biggest payoffs. ~ Richard Paul Evans

Who is telling us about the false self today? Who is even equipped tell us? Many clergy have not figured this out for themselves, since even ministry can be a career decision or an attraction to "religion" more than the result of an encounter with God or themselves. Formal religious status can maintain the false self rather effectively, especially if there are a lot of social payoffs like special respect, titles, salaries, a good self image, or nice costumes. It is no accident that the religious "Pharisees" became the symbolic bad guys in the Jesus story. ~ Richard Rohr

By contrast, a modern person lives surrounded by strangers who are doing things they may not understand. We cannot rely on our instincts and our relationships to keep society working. So it's more important than ever to make sure that we get the rules right. If we want our economy to grow, it means looking for ways to support experimental risk-taking by trading a little more than we may instinctively be comfortable with. It means offering big payoffs to those who are willing to take big risks but also making sure that the unlucky don't starve. In short, it means accepting that a high degree of unpredictability goes with the hunting ground. ~ Megan McArdle

[Clayton] Christensen had seen dozens of companies falter by going for immediate payoffs rather than long-term growth, and he saw people do the same thing. In three hours at work, you could get something substantial accomplished, and if you failed to accomplish it you felt the pain right away. If you spent three hours at home with your family, it felt like you hadn't done a thing, and if you skipped it nothing happened. So you spent more and more time at the office, on high-margin, quick-yield tasks, and you even believed that you were staying away from home for the sake of your family. He had seen many people tell themselves that they could divide their lives into stages, spending the first part pushing forward their careers, and imagining that at some future point they would spend time with their families
only to find that by then their families were gone. ~ Larissa MacFarquhar

I started out studying literature, but soon discovered that science was where I actually belonged. The contrast made it all the clearer: in science classes we did things instead of just sitting around talking about things. We worked with our hands and there were concrete and almost daily payoffs. Our laboratory experiments were predesigned to work perfectly and elegantly every time, and the more of them that you did, the bigger the machines and the more exotic were the chemicals that they let you use. ~ Hope Jahren

America's belated embrace of government health care is going to be far more expensive and disastrous than the Euro-Canadian models. Whatever one's philosophical objection to the Canadian health system, it is, broadly, fair: Unless you're a cabinet minister or a big time hockey player, you'll enjoy the same equality of crappiness and universal lack of access that everybody else does. But, even before it's up-and-running, Pelosi-Reid-Obamacare is an impenetrable thicket of contradictory boondoggles, shameless payoffs and arbitrary shakedowns. ~ Mark Steyn

I'm at the tipping point of a transformation that began months ago, an intentional decision put in motion. And it feels so fucking good. I've come to the full realization that my happiness, my life, falls squarely on my shoulders. No one's gonna do it for it me. I'm the one who makes it or breaks it. It's a choice. A choice that demands action in exchange for reward. Idleness and complacency lead to mediocrity. Sometimes action is really fucking hard fought, but that's when the payoff's the highest. That's when great things happen. Not good things ... but epic things. And I've fallen in love with epic. It's the only way to live. ~ Kim Holden

Those of us with powers are sought out by the Checquy through a variety of means, and the group was long ago granted the authority to claim any citizens it wanted. Parents are coerced or duped into releasing their children, sometimes with massive payoffs. Adults are lured in with promises of power, wealth, and the opportunity to serve their nation. The initiation is a mixture of ancient oaths and modern contracts under both the official and unofficial secrecy acts of the government. By the time an individual has become a full member, he is bound by a million different ties. Do you realize now what your leaving would have meant? ~ Daniel O'Malley

The payoffs in showbiz seemed as random as a slot machine. ~ Kathie Lee Gifford

To become fit requires discomfort, to earn a significant income requires discomfort, to become great at anything, requires you to pay the price. ..

To become great, you must choose to allocate your time to your greatest opportunities. You will have to choose to spend time on the difficult things that create your biggest payoffs. To be great you will need to live with intention. That will require you to be clear on what matters most, and then to have the courage to say no to things that distract you. ~ Brian P. Moran

Although a large branch of game theory is devoted to the study of expected utility, we generally consider each player's payoffs as a ranking of his most preferred outcome to his least preferred outcome. ~ William Spaniel

The best practical advice then is: try to maximize your expected payoff, which is the sum of all payoffs multiplied by probabilities. ~ Howard Raiffa

A home that nourishes life embraces the little moments and appreciates the rhythmic seasons of life, including the time necessary to cook real food from scratch...It doesn't have to take too much time, however, with efficient menu planning and wisely planned trips to the grocery store and farmers' market.
The payoffs are astronomical - better health, good stewardship of our environment, and setting a good example for our children are just a few of the benefits. It also fosters an appreciation of the ebbs and flows of seasons because you'll be using fresh ingredients that are more readily available (and of higher quality) when they are in season. If you feel too busy to cook from scratch, then I argue that you're too busy, period. Reevaluate your priorities and commitments. If you want to live a healthy, long life and to pass the same luxury on to your children, then you MUST take the time to cook real food ~ Tsh Oxenreider

Patience pays off, success and miracle, often in a very big way. ~ Kishore Bansal

So this is one of those times when life is just handing you something, telling you what to do, which way to go. So enjoy it. It'll be fun. I guarantee. I can't guarantee we'll find the goddamn thing, but it'll be interesting. Then if we do find it - if we do- the payoff's huge. ~ Nicole Mones