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| Link | Quote | Stars | Tags | Author |
| e485693 | But I can hardly remember what it felt like. It's like everything that happens to you. It doesn't feel real. | Sebastian Faulks | ||
| 8cc9e3a | I felt trapped in a world that I couldn't mould to my own desires. Others were in sunlight; I was in darkness. | Sebastian Faulks | ||
| eaee9c9 | Knowing one was comprised of recycled matter only and that selfhood was a delusion did not take away the aching of the heart. | Sebastian Faulks | ||
| 9f2999f | I suppose I was lucky enough to be educated at a time when teachers still thought children could handle knowledge. They trusted us. Then there came a time when they decided that because not every kid in the class could understand or remember those things they wouldn't teach them anymore because it wasn't fair on the less good ones. So they withheld knowledge. Then I suppose the next lot of teachers didn't have the knowledge to withhold. | Sebastian Faulks | ||
| 30b8fc1 | I'd become more adept at being with other people; I'd lowered my expectations of them and learned to let my mind drift into neutral when they spoke. | Sebastian Faulks | ||
| ed9d76a | As she made coffee in the kitchen and tried to spoon the frozen ice-cream from its carton without snapping the shaft off the spoon, Elizabeth was struck, not for the first time, by the thought that her life was entirely frivolous. It was a rush and slither of trivial crises; of uncertain cash-flow, small triumphs, occasional sex and too many cigarettes; of missed deadlines that turned out not to matter; of arguments, new clothes, bursts of .. | life | Sebastian Faulks | |
| b32f7f1 | If you knew how the journey was going to end, you could afford to be patient along the path. | faith patients perspective | Joseph J. Ellis | |
| 1afa063 | The Constitution was intended less to resolve arguments than to make argument itself the solution. | debate leadership | Joseph J. Ellis | |
| c37844d | In Jefferson's mind great historical leaps forward were almost always the product of a purging, which freed societies from the accumulated debris of the past and thereby allowed the previously obstructed natural forces to flow forward into the future. Simplicity and austerity, not equality or individualism, were the messages of his inaugural march. It was a minimalist statement about a purging of excess and a recovery of essence. | thomas-jefferson | Joseph J. Ellis | |
| 1984ddf | God was not in the details for Jefferson; he was in the sky and stars. | thomas-jefferson | Joseph J. Ellis | |
| d4f2e87 | James Jackson actually made menacing faces at the Quakers in the gallery, calling them outright lunatics, then launched into a tirade so emotional and incoherent that reporters in the audience had difficulty recording his words. | Joseph J. Ellis | ||
| 32179a5 | Sometimes you have to act a little crazy just to stay sane. | Luanne Rice | ||
| 36b13e1 | Benjamin Franklin, that those who trade some of their liberty for a little temporary security deserve neither and will lose both. The wisdom of the founders never ceased to amaze him. | Brad Thor | ||
| e682e9e | Hegelian dialectic--a psychological tool used to manipulate the masses. In this case, you create a problem, wait for the reaction, and then offer the solution. What people historically fail to realize, though, is that those offering the solution are the same people who caused the problem in the first place. They also fail to realize that no matter what the solution is, it always ends up providing its creators with more power. | Brad Thor | ||
| 8b3713c | If you steadfastly refused to quit, you rapidly narrowed your options to only winning. | Brad Thor | ||
| 2b79753 | Peasant families ate pork, beef, or game only a few times a year; fowls and eggs were eaten far more often. Milk, butter, and hard cheeses were too expensive for the average peasant. As for vegetables, the most common were cabbage and watercress. Wild carrots were also popular in some places. Parsnips became widespread by the sixteenth century, and German writings from the mid-1500s indicate that beet roots were a preferred food there. Ruta.. | Patricia D. Netzley | ||
| d68f871 | rather than selling people on some change, you were better off identifying the reasons for their resistance, and addressing those. Imagine | Michael Lewis | ||
| c16f256 | Complicated financial stuff was being dreamed up for the sole purpose of lending money to people who could never repay it. | Michael Lewis | ||
| 0ed9412 | I really do believe the final act in play is a crisis in our financial institutions, which are doing such dumb, dumb things, | Michael Lewis | ||
| b002196 | Pope Benedict XVI was the first to predict the crisis in the global financial system...Italian Finance Minister Giulio Tremonti said. "The prediction that an undisciplined economy would collapse by its own rules can be found" in an article written by Cardinal Joseph Ratzinger [in 1985], Tremonti said yesterday at Milan's Cattolica University. --Bloomberg News, November 20, 2008" | Michael Lewis | ||
| aec220d | Once very smart people are paid huge sums of money to exploit the flaws in the financial system, they have the spectacularly destructive incentive to screw the system up further, or to remain silent as they watch it being screwed up by others. The cost, in the end, is a tangled-up financial system. Untangling it requires acts of commercial heroism--and even then the fix might not work. There was simply too much more easy money to be made by.. | Michael Lewis | ||
| 4f61b42 | One of his closest friends, Owen Barfield, once said of Lewis that "what he thought about everything was secretly present in what he said about anything."12" | Michael Ward | ||
| 31da12a | Every systemic market injustice arose from some loophole in a regulation created to correct some prior injustice. | Michael Lewis | ||
| 90b1dde | He gave a talk in which he argued that the way they measured risk was completely idiotic. They measured risk by volatility: how much a stock or bond happened to have jumped around in the past few years. Real risk was not volatility; real risk was stupid investment decisions. | Michael Lewis | ||
| 9be0cc8 | The great thing about baseball players, from the point of view of personal hygiene, is how seldom they break a sweat. | Michael Lewis | ||
| 7967050 | The author refers to a player's affected nonchalance and comments he is, "too young to realize you are what you pretend to be." | mentality vision | Michael Lewis | |
| 4005b5e | If you wanted to predict how people would behave, Munger said, you only had to look at their incentives. FedEx couldn't get its night shift to finish on time; they tried everything to speed it up but nothing worked--until they stopped paying night shift workers by the hour and started to pay them by the shift. Xerox created a new, better machine only to have it sell less well than the inferior older ones--until they figured out the salesmen.. | Michael Lewis | ||
| e014cb5 | Confirmation bias," he'd heard this called. The human mind was just bad at seeing things it did not expect to see, and a bit too eager to see what it expected to see. "Confirmation bias is the most insidious because you don't even realize it is happening," he said. A scout would settle on an opinion about a player and then arrange the evidence to support that opinion. "The" | Michael Lewis | ||
| 0a0f7e7 | Because the lenders sold many--though not all--of the loans they made to other investors, in the form of mortgage bonds, the industry was also fraught with moral hazard. "It was a fast-buck business," says Jacobs. "Any business where you can sell a product and make money without having to worry how the product performs is going to attract sleazy people." | recession wall-street | Michael Lewis | |
| a1d7075 | The line between gambling and investing is artificial and thin. The soundest investment has the defining trait of a bet (you losing all of your money in hopes of making a bit more), and the wildest speculation has the salient characteristic of an investment (you might get your money back with interest). Maybe the best definition of "investing" is "gambling with the odds in your favor." | Michael Lewis | ||
| 25e0a70 | Wall Street investment banks are like Las Vegas casinos: They set the odds. The customer who plays zero-sum games against them may win from time to time but never systematically, and never so spectacularly that he bankrupts the casino. | Michael Lewis | ||
| 95201d5 | First base was a far richer social opportunity. First base made catching feeling like a bad dinner party - what with the ump hanging on your shoulder and all the fans and cameras staring at you. At first base you could really talk. | Michael Lewis | ||
| 6a95dcc | Foolish names and foolish faces often appear in public places. | Michael Lewis | ||
| 499590d | But the more rural the American, the more dependent he is for his way of life on the U.S. government. And the more rural the American, the more likely he was to have voted for Donald Trump. So you might think that Trump, when he took office, would do everything he could to strengthen and grow the little box marked "Rural Development." That's not what has happened." | Michael Lewis | ||
| fccdf12 | You want loyalty, hire a cocker spaniel. | Michael Lewis | ||
| 3a14354 | 8 second hug: Yes, eight seconds is a long time, and no, I am not recommending giving everyone an eight second hug. The shell we put up or mask we hide behind is made up of what we think logically think will keep us emotionally safe. Intuition is not fooled by shells or masks, intuition which is non-verbal communication bypasses whatever facade we put up, so that hearts can connect. This makes us feel vulnerable, because we can't hide out h.. | belonging emotions hugs intuition love non-verbal-communication | Michael Brent Jones | |
| fcd1f82 | Dont worry about where i am , i'll let you know when i get there . | Michael Lewis | ||
| d24ba01 | One of the reasons Wall Street had cooked up this new industry called structured finance was that its old-fashioned business was every day less profitable. The profits in stockbroking, along with those in the more conventional sorts of bond broking, had been squashed by Internet competition. | Michael Lewis | ||
| 431c2d5 | In the red southern states the mayor sometimes would say," Can you not mention that the government gave this?" | Michael Lewis | ||
| a6266dd | It is the innovation that never occurs, and the knowledge that is never created, because you have ceased to lay the groundwork for it. It is what you never learned that might have saved you. | Michael Lewis | ||
| 20ac08e | The U.S. stock market now trades inside black boxes, in heavily guarded buildings in New Jersey and Chicago. | Michael Lewis | ||
| bf87ded | It's taboo," he said. "When they ask you why you want to be an investment banker, you're supposed to talk about the challenges, and the thrill of doing deals, and the excitement of working with such high-calibre people, but never, ever mention money." | Michael Lewis | ||
| 2e7733a | The first thing you learn on the trading floor is that when large numbers of people are after the same commodity, be it a stock, a bond, or a job, the commodity quickly becomes overvalued. | Michael Lewis | ||
| 901c159 | They had stumbled either upon a serious flaw in modern financial markets or into a great gambling run. Characteristically, they were not sure which it was. As Charlie pointed out, "It's really hard to know when you're lucky and when you're smart." | cornwall-capital credit-default-swaps james-mai recession subprime-mortgage-bonds wall-street | Michael Lewis |