A Quote by Charlie Munger
I always like it when someone attractive to me agrees with me, so I have fond memories of Phil Fisher. The idea that it was hard to find good investments, so concentrate in a few, seems to me to be an obviously good idea. But 98% of the investment world doesn't think this way.
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We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good investments and that you wanted to be in good investments, and therefore, you'd just find a few of them that you knew a lot about and concentrate on those seemed to me such an obviously good idea. And indeed, it's proven to be an obviously good idea. Yet 98% of the investing world doesn't follow it. That's been good for us.
If somebody told me, "Not a good idea," I would've said, "No, it's probably a good idea if you get drunk with me." I would've flipped it around on them. There was no way you could tell me anything. I wasn't listening to any type of reason.
The way I was brought up in improv was that any idea you have is not as good as your partner's idea, so if I see someone else initiating at the same time I am, I just defer to them because I assume their idea is going be better. And hopefully, they're doing the same with me.
To me, 'Garden of Delete' is a way of describing the idea that good things can bloom out of a negative situation. All the traumatic experiences I had during puberty, ugly memories and ugly thoughts in general can yield something good, like a record or whatever.
I wait until an investment idea is so good, it hits me over the head like an anvil.
It's hard when you're writing for someone else. You obviously always want to do your best work, but sometimes you write and have a song idea and you're like, 'Oh, it's so good I want to keep it for us.'
This idea of bringing awareness to our lives seems like a good idea, right? We'll gain a productive, enjoyable, reflective life and be able to extend compassion, empathy, and joy to others. That seems like a pretty good deal.
I feel really - actually - quite terrified about the world as it now exists. The kind of sucking the world dry for a dollar seems to me to be even worse (though it was hard for me to imagine 30 years ago that it could get worse) and the idea that bling and profit over human beings is really more and more a credible idea; people don't even examine it with any kind of question: I find that really terrifying.
Here I am sitting in the back of a cab with Catherine Zeta-Jones who is telling me Michael Douglas has fond memories of me - it just makes me feel good as a human being.
I had no idea that that was around in the family anywhere. Maybe it never was. But - so they broke the way for me, if you know what I mean. I have no idea where I got the idea from to do what I do. But I think they - Ian and Alistair, my brothers kind of opened a lot of doors for me onto the world - you know, made it seem to be a very, very interesting place.
Producer Michael Davies - who did 'Who Wants to Be a Millionaire' - offered me a TV show, but I turned it down. I wasn't negotiating: It just didn't sound like a good idea. Then he offered me another show, and I said, 'No thanks' again. When I heard about 'Win Ben Stein's Money,' I thought, 'OK, that sounds like a good idea.'
I don't need to feel 100% safe, but I have to feel like there's room for me to go a little bit insane if I'm going to have good ideas. Because a good idea is a new idea and if you start going around like, "I have this new idea!" most people are gonna be like, "I've never heard that before, that sounds fishy."
When I was a young executive, I was always nervous that my idea wouldn't be great. So I asked around, 'What do you think of this?' That became my filter for whether my idea was good enough. Then I realized it just plain made me smarter.
I'd really like people to see me as a real actress, which I am, but they don't. It's hard to get them to see me as a musician, they just see me as a hanger-on to the Stones, which is not what I am at all. It's a good idea, and if something like that would turn up I could do a whole television show. I've thought about playing a landlady, sort of a mad '60s lady, this absolutely insane character. I would love it. It's a great idea.
The idea that all Israelis are villains is a childish idea. Israel is the most deeply divided, argumentative society. You'll never find two Israelis that agree with one another - it's hard to find even one who agrees with himself or herself.
I just think the idea of moving away from the body and discovering sensuality by skimming the body, not tightening the body, seems rather new to me. Especially in this world where we're living right now, where the idea of giving freedom to women, especially in politics what's happening, it seemed so appealing to me, so that was the starting point.
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