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Currents Quotes

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Currents Quotes

“Investors should pay attention not only to whether but also to why current holdings are undervalued. It is critical to know why you have made an investment and to sell when the reason for owning it no longer applies. Look for investments with catalysts that may assist directly in the realization of underlying value. Give reference to companies having good managements with a personal financial stake in the business. Finally, diversify your holdings and hedge when it is financially attractive to do so.”

“I think that if you have a single payer system and an opt-out for people who want to pay more [for better service, etc.], I think it would be better - and I think we'll eventually get there. It wouldn't be better at the top - [our current system] is the best in the world at the top. But the waste in the present system is awesome and we do get some very perverse incentives.”

“My opinion about Miller's experiments is the following. ... Should the positive result be confirmed, then the special theory of relativity and with it the general theory of relativity, in its current form, would be invalid. Experimentum summus judex. Only the equivalence of inertia and gravitation would remain, however, they would have to lead to a significantly different theory.”

“If one sentence were to sum up the mechanism driving the Great Stagnation, it is this: Recent and current innovation is more geared to private goods than to public goods. That simple observation ties together the three major macroeconomic events of our time: growing income inequality, stagnant median income, and the financial crisis.”

“We like our current shareholders and don't want to entice anyone to become one. It would help current shareholders to hear our CEOs [of the Berkshireoperating subsidiaries], but we promised them they could spend 100% of their time on their business. We place no impediments on them running their businesses. Many have expressed to me how happy they are that they don't have to spend 25% of time on activities they didn't like.”

“I have concluded that most PhD economists under appraise the power of the common-stock-based "wealth effect," under current extreme conditions... "Wealth effects" involve mathematical puzzles that are not nearly so well worked out as physics theories and never can be... What has happened in Japan over roughly the last ten years has shaken up academic economics, as it obviously should, creating strong worries about recession from "wealth effects" in reverse.”

“I think we are all interested in end-times ideas and also in the current climate that we are all living in, where money is a little harder to come by, things continue to get expensive; gas prices are not too far from people's heads. There are more and more people. Human society's going to have real problems.”

“Writers today must navigate the shifting verbal currents of the post-Gutenberg era. When does jargon end and a new vernacular begin? Where's the line between neologism and hype? What's the language of the global village? How can we keep pace with technology without getting bogged down in buzzwords? Is it possible to write about machines without losing a sense of humanity and poetry?”

“There's a current notion that you should "take charge of your disease." No thanks. I'm busy. I've got cancer. I'm willing to face having cancer. I'm not willing to face having cancer with homework. I promised Dr. Pipas and Dr. Zaki that I wouldn't show up with sheaves of printouts from the Internet containing everything on Wikipedia on malignancies. They each laughed with detectable notes of relief. Although I suspect my wife has made her way into the health blog ether. Fish oil pills, raw kelp, and other untoward substances started showing up on dinner plates after I was diagnosed.”

“In my view, madness is a place. You go. You come back. And I think we all take turns being the mental patient. Without a touch of crazy, literature can be a desolate place. In the current climate of careful speech, even fearful speech, smoke-free film scripts, thought-free songs, and child-proof locks on American minds, the oft-repeated lament of the arts is "Where have all those wonderful madmen gone?"”

“Here`s the Republican Party with round heels for anybody who says the right thing at the current moment. Regardless of their record, regardless of their character, and regardless of who they are, it seems that if you say the right stuff now to the Republican ear, Steve Schmidt, they will say yes, no matter who you are.”

“Like everyone is either, "I grew up with it," or "I loved it," or loved them now. And when you watch The Muppet Movie now, it is so current. It's like The Simpsons before The Simpsons. It's not as cynical as The Simpsons would be but it's self-aware and there are a billion jokes, it breaks the fourth wall every five minutes, it's astounding, it's awesome. It's very exciting to be a part of that.”