Quotes by Charles Duhigg

About Charles Duhigg:

Charles Duhigg is a Pulitzer Prize–winning reporter at The New York Times, where he writes for the business section. Prior to joining the staff of the New York Times in 2006, he was a staff writer of the Los Angeles Times. He lives in Brooklyn, New York City. He is a graduate of Yale University and Harvard Business School.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Credit default swap is basically just an agreement that I have with you, where I sell you insurance on some bond you own. If the bond goes belly up, I promise to pay you. And as long as the bond doesn't go belly up, you pay me for selling you insuran...

Charles Duhigg

Fannie Mae has traditionally only bought and sold mortgages. But when a loan held by the company goes into foreclosure, Fannie Mae gains ownership of the underlying property until it is resold to new investors.

Charles Duhigg

Everyone dies, and before that, most people eventually lose some of their faculties. So some people worry that as marketers get better at targeting the elderly, the line between advertising and unscrupulous manipulation will be harder to discern.

Charles Duhigg

It's an open secret that if a debtor is willing to wait long enough, he can probably get away with paying almost nothing, as long as he doesn't mind hurting his credit score.

Charles Duhigg

When most individuals or most companies are talking about trying to create healthy habits, the key is to identify which habit or habits seem most important.

Charles Duhigg

Typically, when there are corporate habits that undermine individuals, it has emerged without any sort of central planning. Nobody sits down and says, 'I'm going to create an evil habit for this corporation.'

Charles Duhigg

Some of the tactics that are used by Foxconn and other companies throughout China is, if you are late, if you violate one of the small rules, some of the punishment is that you have to copy down quotations from the chairman of Foxconn: you have to wr...

Charles Duhigg

The desire to collect information on customers is not new for Target or any other large retailer, of course. For decades, Target has collected vast amounts of data on every person who regularly walks into one of its stores.

Charles Duhigg

While markets are supposed to ensure transparency by showing orders to everyone simultaneously, flash orders are currently allowed because of a loophole in securities regulations that allows for immediate trades.

Charles Duhigg

Medicare's top officials said in 2006 that they had reduced the number of fraudulent and improper claims paid by the agency, keeping billions of dollars out of the hands of people trying to game the system.

Charles Duhigg

Your brain will eventually enjoy exercise for exercise sake, right; endorphins and endocannabinoids will create a sense of reward, but it doesn't know that at first.

Charles Duhigg

Once people learned how to believe in something, that skill started spilling over to other parts of their lives, until they started believing they could change. Belief was the ingredient that made a reworked habit loop into a permanent behavior.

Charles Duhigg

Actually, attorneys say, copying a purchased CD for even one friend violates the federal copyright code most of the time.

Charles Duhigg

Equipment sellers can pocket more than $2,500 every time they send a powered wheelchair to a patient and bill Medicare.

Charles Duhigg

Because reverse mortgages do not require borrowers to make immediate repayments, the interest charges are added to the debt every day, and the total amount owed grows over time.

Charles Duhigg

If you need five minutes every hour to look at tweets or to just surf the Internet, you need to schedule that into your schedule, allow yourself to do that. Because when people start procrastinating, what they've done is, they've tried to ignore that...

Charles Duhigg

The discovery of the habit loop is important because it reveals a basic truth: When a habit emerges, the brain stops fully participating in decision making. It stops working so hard, or diverts focus to other tasks.

Charles Duhigg

It almost goes without saying that when you are a startup, one of the first things you do is you start setting aside money to defend yourself from patent lawsuits, because any successful company, even moderately successful, is going to get hit by a p...

Charles Duhigg

In surveys, many borrowers say reverse mortgages have improved their lives and provided money they needed for retirement.

Charles Duhigg

Cash from a reverse mortgage can be paid out in several ways, including a lump sum, a monthly payment, a line of credit, or a combination of those. If you do not need money right away, it is usually a bad idea to take all the money upfront, since it ...

Charles Duhigg

Not so long ago, companies that borrowed lots of money were considered risky, appropriate only for daredevil stock pickers. Those with lots of cash on hand and few outstanding debts might be dull stocks, but they were at least safe bets for bondholde...

Charles Duhigg

Author Bio

  • NameCharles Duhigg
  • DescriptionAmerican writer
  • Born1974
  • CountryUnited States Of America
  • AwardsGeorge Polk Award