A Quote by Charlie Munger
Bernie Ebbers and Ken Lay were caricatures - they were easy to spot. They were almost psychopaths. But it's much harder to spot problems at companies like Royal Dutch [Shell].
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The camera must point at the exact spot the audience wishes to look at any given moment. To find that spot is absurdly easy: you only have to remember where you were looking at the time the scene was made.
If you think about companies that were built in Silicon Valley, a lot of them early on were chip companies. And now the companies that are there, like Apple, are much more successful than any of the chip companies were.
LTCM lost money when Russia defaulted on a certain class of bonds, and then they had other investments like on the spread between two different kinds of shares of Royal Dutch Shell Oil Company. Now that seems completely unrelated to Russian bonds. But they were related because other hedge funds saw similar discrepancies and they were all making similar bets.
That would be a huge honor, if I ever were to become the No. 1 American. It's something that I've always wanted to, you know, achieve that. For me, if were to happen, it'd be great. I'd try to hold onto that spot as long as possible, but I know there'd be a lot of people nipping at my heels to try to get to that No. 1 spot.
I think when you are truly stuck, when you have stood still in the same spot for too long, you throw a grenade in exactly the spot you were standing in, and jump, and pray. It is the momentum of last resort.
…and the next moment all of them were filled with wonder. For they saw, standing in just the spot the screen had hidden, a little old man, with a bald head and a wrinkled face, who seemed to be as much surprised as they were.
The Police, they were the guys that were like the gateway to the mainstream. In England, there was a very strong reggae movement that was going on. Anything that was happening in reggae happened out of England. They were brilliant. They could spot a sound that was cool, the 'it' sound.
The comic novels I did when I was in my 20s had a harder edge - less sympathy for people. Or a sympathy that was harder to detect: Characters' foibles and obsessive bents were unrelenting, like caricatures.
When you work on a computer in the studio, it's almost like fossilizing on the spot, you know, the idea of getting solidified on the spot, like a snowflake might create branches by accumulation.
When I was really sad, I would be like a little kid wiggling a loose tooth or touching a sore spot - there were things that I did to make myself sadder. It was almost as if I were luxuriant in my own melancholy. Looking at the diaries and thinking about my old self, thinking about my lost youth - that was part of that project of making myself totally miserable.
Sometimes when a movie is really alive you can see that they were just making decisions on the spot. They weren't bound to anything, they were working with ideas that the actors and situations presented.
Services were held today for Ken Lay - convicted thief and crook Ken Lay.They folded his arms across his chest and sowed his sleeves together so he couldn't put his hands in anyone's pockets when they walked by. You know when they say in a eulogy, "You're all richer for having known him." I don't think they're going to hear that.
We thought that the odds of things working OK were up in the upper 90 percent or we wouldn't have gone. But the - there were some problems cropped up on the flight but was able to take care of those OK and - although they were things that we hadn't really trained that much for. But it was the time of the Cold War and so there were was a lot of pressure on the - to get going and the Russians were claiming that they were - Soviets were claiming they were ahead of us in technology.
I feel like every catastrophe in our lives, you remember exactly where you were, what you were doing, who you were with, almost down to what you were wearing.
My career as a critic still lay in the future but unconsciously I may have been preparing for it. They were not easy companions, these intellectuals I was now getting to know. They were overbearing and arrogant, excessively competitive; they lacked magnanimity and often they lacked common courtesy. But they were intellectually energetic and - this particularly attracted me - they were proof against cant.
Phresine showed him where he could sleep, in an interior room with no windows, a narrow bed, and a washstand. There were chests stacked along one wall, and Costis guessed the dismal spot was probably a closet cleaned out to make room for him. Hard to believe the royal apartments, so lavish elsewhere, would otherwise have such a plain corner. Expecting better of royal closets, Costis went to bed disappointed.
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