A Quote by Charlie Munger

We have a higher percentage of the intelligentsia engaged in buying and selling pieces of paper and promoting trading activity than in any past era. A lot of what I see now reminds me of Sodomand Gomorrah. You get activity feeding on itself, envy and imitation. It has happened in the past that there came bad consequences.
The animal is one with its life activity. It does not distinguish the activity from itself. It is its activity. But man makes hislife activity itself an object of his will and consciousness. He has a conscious life activity. It is not a determination with which he is completely identified.
I think a lot about the past, it's true. But at my age, the past is more present than the here and now. And there is not much percentage in the future.
My first pieces, in an art context, were ways to get myself off the page and into real space. These photographic pieces were ways to, literally, throw myself into my environment. They were photographs not of an activity, but through an activity; the activity (once I planted a camera in the instrument of that activity - once I, simply, held a camera in my hands) could produce a picture.
Today's banalities apparently gain in profundity if one states that the wisdom of the past, for all its virtues, belongs to the past. The arrogance of those who come later preens itself with the notion that the past is dead and gone. The modern mind can no longer think thought, only can locate it in time and space. The activity of thinking decays to the passivity of classifying.
With the collision of the Shoemaker comet into Jupiter, the era of uniformitarian orthodoxy must come to an end. Minds that have been closed for nearly half a millennium can now be opened to see what really has happened to our planet in the past -- and that past is not as distant as we might suppose.
I also want to raise the possibility that there are, in the very long term, "virtue effects" in economics- for instance that widespread corrupt accounting will eventually create bad long term consequences as a sort of obverse effect from the virtue-based boost double-entry book-keeping gave to the heyday of Venice. I suggest that when the financial scene starts reminding you of Sodomand Gomorrah, you should fear practical consequences even if you like to participate in what is going on.
It is not the literal past that rules us, save, possibly, in a biological sense. It is images of the past. Each new historical era mirrors itself in the picture and active mythology of its past or of a past borrowed from other cultures. It tests its sense of identity, of regress or new achievement against that past.
... they are structures that we build every time we engage in a thought that's just a little bit higher than a thought we had a moment before, or an activity that's just a little bit more noble than the activity we engaged in a moment before.
We have a market-driven society so obsessed with buying and selling and obsessed with power and pleasure and property, it doesn't leave a whole lot of time for non-market values and non-market activity so that love and trust and justice, concern for the poor, that's being pushed to the margins, and you can see it.
A lot of people are really hung on the past - they can't get past that - but you've gotta get past that if you want any future.
Activity and rest are two vital aspects of life. To find a balance in them is a skill in itself. Wisdom is knowing when to have rest, when to have activity, and how much of each to have. Finding them in each other - activity in rest and rest in activity - is the ultimate freedom.
We learn in the past, but we are not the result of that. We suffered in the past, loved in the past, cried and laughed in the past, but that's of no use to the present. The present has its challenges, its good and bad side. We can neither blame nor be grateful to the past for what is happening now. Each new experience of love has nothing whatsoever to do with past experiences. It's always new.
Russia and China, when they were communist-like adversaries, they didn't participate. They're participating now in the world with us. They're trading monetary instruments. We're buying and selling goods back and forth, trading oil and so forth.
You know how on the evening news they always tell you that the stock market is up in active trading, or off in moderate trading, or trading in mixed activity, or whatever. Well, who gives a
To a theoretical physicist, there is no greater joy than to see that this curious activity we call calculation - the depositing of ink on paper, followed by throwing away the paper and depositing new ink on more paper - can actually tell us something about reality.
Everything in my past, in my training, everything that has been most essential in my activity up to now has made me above all a man who writes, and it is too late for that to change.
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