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Majors Quotes

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Majors 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.”

“Lands' End has undergone three major changes over the past couple of decades. The first was the introduction of an 800 number, in 1978; the second was express delivery, in 1994; and the third was the introduction of a Web site, in 1995. The first two innovations cut the average transaction time-the time between the moment of ordering and the moment the goods are received-from three weeks to four days. The third innovation has cut the transaction time from four days to, well, four days.”

“Disturbingly, the First Amendment, along with the Fourth Amendment - protecting against unreasonable searches and seizures, and requiring warrants - have been the major casualties of the shift in government policy in the last two decades. Unfortunately, I think that the biggest consequences of this tragedy won't be clear until it is far, far too late.”

“In America, one of our two major parties is dominated by extremists dedicated to destroying the social contract, and the other party has been so enfeebled by two decades of collaboration with the donor class it can offer only feeble resistance to the forces that are devastating everyday people.”

“In the past decade, there have been a lot of friends or directors, either gossiping or telling me directly, "What you're doing now is the right thing, your main concern should be taking care of yourself, and not doing action at your age." Well, after first feeling angry, I'd think, to be honest, I really am older. So I thought, all right, but before I retire I'd like to make one last major action film, one good one.”

“Today, practically every country outside the West is undergoing an intellectual, political, and cultural churning, from China to Bolivia, Egypt to Indonesia, but we haven't really had, after the 1960s, a major oppositional culture in Western Europe and America. The Occupy movement was so startling and welcome partly because it was the first such eruption of mass protests in decades.”