A Quote by Peter Mayle
The great thing about having money is that you can actually just get on with your life and not have to think about paying the bills or crouch over 'The Wall Street Journal' or the 'Financial Times' and look at the stock figures and things like that. That bores me rigid.
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The great thing about having money is that you can actually just get on with your life and not have to think about paying the bills or crouch over The Wall Street Journal or the Financial Times and look at the stock figures and things like that. That bores me rigid.
OK, so here's the deal. First of all, "The Wall Street Journal" was bought for $5 billion. It's now worth $500 million, OK. They don't have to tell me what to do. "The Wall Street Journal" has been wrong so many different times about so many different things. I am all for free trade, but it's got to be fair. When Ford moves their massive plant to Mexico, we get nothing. We lose all of these jobs.
The Wall Street Dow Jones up and down thing that's moving when the stock market's open? That thing freaks me out. It's up, it's down, it's just maddening to me. I guess I'm such a super-focused kind of person that I get distracted really easy. I'll watch that thing, and it's like I'm losing money, I'm getting money. It's just crazy.
I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.
I think people who work and being alive and paying your bills and feeding your kids is hard. It's hard to have the space. Quite frankly, I'm in a privileged position to think about things, to read about things and to educate myself about things. A lot of people just don't have the time.
I was just burnt out. I didn't like the music business and I didn't like me. There's an element of falseness about the whole thing. Even things like doing an interview. It's not as though we just met in the pub and are having a chat - it's part of a process. If you do it all day, every day for years, you end up thinking: 'Who the hell am I?' I was lucky enough to make some money, enough to let me kick back. It was a great experience and it was nice to have a couple of No.1s but the best thing about it was that the money I made allowed me to have freedom and choice in my life.
I like not having to worry about paying the bills, but I have to watch myself because I don't come from money.
I could write all songs all day long about what I think about the music industry or music in general. Sometimes I gotta be like, "Let's write about something else." You don't want to say the same thing over and over again. In a lot of ways, I look at records as a year or two of my life encapsulated in songs. They're almost like journal entries.
I didn't want to look distinguished; I wanted to look fun, and also to fade into the street, into the King's Road. If I don't fade into a room at White's, that's fine. My father was chairman of Brooks' and the Beefsteak, and I was brought up in that life, and it bores me rigid.
The truth is, everything we know about America, everything Americans come to know about being American, isn't from the news. I live there. We don't go home at the end of the day and think, "Well, I really know who I am now because the Wall Street Journal says that the Stock Exchange closed at this many points." What we know about how to be who we are comes from stories. It comes from the novels, the movies, the fashion magazines. It comes from popular culture.
I read on the front page of the Wall Street Journal that NATO is opening up a major terror division. And I think that's great. And I think we should get - because we pay approximately 73 percent of the cost of NATO. It's a lot of money to protect other people.
Logic is the subject that has helped me most in picking stocks, if only because it taught me to identify the peculiar illogic of Wall Street. Actually Wall Street thinks just as the Greeks did. The early Greeks used to sit around for days and debate how many teeth a horse has. They thought they could figure it out just by sitting there, instead of checking the horse. A lot of investors sit around and debate whether a stock is going up, as if the financial muse will give them the answer, instead of checking the company.
It's silly to have as one's sole object in life just making money, accumulating wealth. I work because I enjoy what I'm doing, and the fact that I make money at it - big money - is a fine-and-dandy side fact. Money gives me just one big thing that's really important, and that's the freedom of not having to worry about money. I'm concerned about values - moral, ethical, human values - my own, other people's, the country's, the world's values. Having money now gives me the freedom to worry about the things that really matter.
The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you want to put it in the stock market?" They're trying to push money into the stock market, into hedge funds, to temporarily bid up prices. Then, all of a sudden, the Fed can raise interest rates, let the stock market prices collapse and the people will lose even more in the stock market than they would have by the negative interest rates in the bank. So it's a pro-Wall Street financial engineering gimmick.
I believe that things kind of happen for a reason. But at the same time my real mission is just to continue working in the movie business with the scripts I enjoy, characters that challenge me and people that I admire. It's such a great business when you're in it and the ability to do things that even surprise you is continually evident. For me, it's just about challenging myself - that's the biggest thing - and taking care of my child and paying my bills.
They'd rather see Scooby Doo or Spongebob than Daddy talking about the latest Wall Street Journal editorial. You do what you have to do to get your kids ready for school.
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