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Games Quotes

“The commission of the investment sins listed above is not limited to 'the little guy.' Huge institutional investors, viewed as a group, have long underperformed the unsophisticated index-fund investor who simply sits tight for decades. A major reason has been fees: Many institutions pay substantial sums to consultants who, in turn, recommend high-fee managers. And that is a fool's game.”

“Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense.”

“It can be shown that maximum diversification is achieved by holding each stock in proportion to its value to the entire market (italics added)... Hindsight plays tricks on our minds... often distorts the past and encourages us to play hunches and outguess other investors, who in turn are playing the same game. For most of us, trying to beat the market leads to disastrous results... our actions lead to much lower returns than can be achieved by just staying in the market.”

“Principles are concepts that can be applied over and over again in similar circumstances as distinct from narrow answers to specific questions. Every game has principles that successful players master to achieve winning results. So does life. Principles are ways of successfully dealing with the laws of nature or the laws of life. Those who understand more of them and understand them well know how to interact with the world more effectively than those who know fewer of them or know them less well.”

“Probably the most dramatic change in pitching I've observed in my years in baseball has been the disappearance of the knockdown or brushback pitch. This is why record numbers of home runs are flying out of ballparks, why earned run averages are soaring, and why there are so few twenty game winners in the majors.”

“If one believes philosophers, then what we call religion is only a deliberately popularized or an instinctively artless philosophy. Poets seem to consider religion rather as a variation of poetry which by misjudging its proper beautiful game takes itself too seriously and one-sidedly. Philosophy, however, admits and recognizes that it can begin and complete itself only with religion. Poetry seeks only to strive for the infinite and despises worldly utility and culture, which are the true antitheses of religion. Eternal peace among artists is thus not far away.”

“Until I came to IBM, I probably would have told you that culture was just one among several important elements in any organization's makeup and success - along with vision, strategy, marketing, financials, and the like... I came to see, in my time at IBM, that culture isn't just one aspect of the game, it is the game. In the end, an organization is nothing more than the collective capacity of its people to create value.”

“It enrages me to see only certain players singled out for the Hall of Fame because they were born with a God-given specialty. When I take my kids to the Baseball Hall of Fame, I want them to experience the full array of talents that make the game what it is today, not just the larger-than-life freaks of nature. I want them to know that you don't have to be the biggest or the strongest to reach your goals, and that hard work and perseverance are also rewarded.”

“There were so many Cuban-Americans upset that we were going to Cuba and I was curious to see why they were so angry, and anti-Castro. I found out as soon as we got there. The people were treated terrible. The conditions were terrible. I can see why people risk their lives and limbs to get out. (Fidel Castro) lives like a king and won't help anybody, and has everybody scared to death. Nobody lives a normal life. It was still a good experience, but I thought we should just play that one game.”

“I love her (Lucifer), with all my heart. She said that she would give me greatness, status, placement above the others. A match made in heaven, set the fires in hell. The devil on me. Game got my soul. Momma said beware of what the devil do. Tell'em that your soul's not for sale. Every dream is designed and broadcasted from the masters to the masses.”