A Quote by David Foster Wallace
I received 500,000 discrete bits of information today, of which maybe 25 are important. My job is to make some sense of it.
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Our eyes continue to see for a few nanoseconds an image that is not there anymore, which helps the brain to make sense of the flow of information it catches. Maybe that's what's happening to some entrepreneurs and VCs who have not yet grasped all the essential changes that have been happening in the French environment, and are seeing it as it used to be rather than as it is now! Today's France is business-friendly.
Captain Huston and myself have spent over $200,000 in strengthening the Yankees since we purchased the club. We paid $37,500 for Frank Baker; we paid $25,000 for Lee Magee, and we have got rid of a young fortune on other players who couldn't deliver the goods. And we have had some of the most frightful luck I ever heard of.
I did the first HBO special ever in 1975 at Haverford College. Cable was new then: HBO was a Time-Life entity, with maybe 400,000 or 500,000 subscribers and maybe 50 employees.
I can ask for a £25,000 advance, but then you spend a year writing the book, and £25,000 is a loan against sales, and you can easily spend five years earning out. So that's £25,000 for six years.
When I started emceein', you had 500 maybe 1000 rappers in the whole world. Now there's 1.000.000, nahmean?
I've got to tell you, I haven't received any $500,000 checks lately.
When I got the offer to do 'Weird Ernie' in the pilot, I was living in New York, and somebody had made a mistake, and they made an offer that was supposed to be $2,500 for the job, but they offered $25,000. I couldn't turn that down. I'd never heard of anything like that!
I know some authors who have gotten $25,000 advances and put it all into marketing, others who allocate $5,000 or $1,000.
We expect to make about 500,000-600,000 more. Our initial goal was one million, but in reality we will probably make a bit less.
Memorizing information is valuable but only if you're able to make some sense of the information and put it into a useful context. Isn't it much better if we can attach something tangible to that information?
I can't become naked for everybody. It's never going to be possible for the person to write the whole story completely, so I find bits of myself, bits of what I think in some articles. And I don't give lip service to journalists. I never make them feel comfortable. I say, "It's your job to make the story."
Behaviorists tell us that we tend to overweight and overreact to the most recently received information. If we do, we will find that the information that we thought was so important becomes tempered, and reduced in significance, by new and related information that follows.
We must be careful that the people who make $5,000 a year are not pitted against those that make $25,000 a year by those who make $900,000.
When I first came in, I partied and had a good time. I used to spend $500,000 on chains that don't make no sense. Then I started having babies. I don't do the bull**** no more.
It is not size that counts in business. Some companies with $500,000 capital net more profits than other companies with $5,000,000. Size is a handicap unless efficiency goes with it.
Before you rip off three feet of toilet paper, consider that each year 500,000 acres of virgin boreal forest in northern Alberta and Ontario are being clear-cut to make the stuff. These forests are home to some 500 First Nation communities, as well as caribou and bears, moose and wolves, and, in the summertime, billions of songbirds.
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