“Stories never really end…even if the books like to pretend they do. Stories always go on. They don’t end on the last page, any more than they begin on the first page.”
—Cornelia Funke.
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thought for today
Charlie Munger: Profit sitting in the yard
“We tend to prefer the business which drowns in cash. It just makes so much money that one of the main principles of owning it is you have all this cash coming in. There are other businesses, like the construction equipment business of my old friend John Anderson. And he used to say about his business ‘You work hard all year, and at the end of the year there’s your profit sitting in the yard.’ There was never any cash. Just more used construction equipment. We tend to hate businesses like that.”
–Charlie Munger.
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Lionel Shriver: Ideal rogues
“For storytellers, financiers make ideal rogues. The easiest way to make characters unappealing is to make them rich – shorthand for spoiled, picky, superior, and cold-hearted.”
—Lionel Shriver.
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Nathan W Dougherty: Ideal engineer
“The ideal engineer is a composite … He is not a scientist, he is not a mathematician, he is not a sociologist or a writer; but he may use the knowledge and techniques of any or all of these disciplines in solving engineering problems.”
—-Nathan W. Dougherty, American civil engineer.
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Nassim Nicholas Taleb: Bull***tter
“I am never bothered by normal people; it is the bull***tter in the intellectual profession who bothers me.” – Nassim Nicholas Taleb in Skin in the Game.
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Nassim Nicholas Taleb: Zero-sum
‘People are brainwashed to not realize that so many “noble” pursuits (academia, service, anything where one is paid with “honors”) are zero-sum.
And wealth pursuits, outside of rent seeking, aren’t zero-sum.’
—Nassim Nicholas Taleb.
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M F Husain: Instincts from my soul
“I only give expression to the instincts from my soul.”
—M F Husain.
