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Modern Quotes

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Modern Quotes

“The tall building, concentrating man in one place more densely than ever before, similarly concentrates the dilemma of our public architecture at the end of the twentieth century: whether the new forms made possible by technology are doomed by the low calculations of modern patrons and their architects.”

“Physiologically adult humans are not meant to spend an additional 10 years in a school system; their brains map that onto "I have been assigned low tribal status". And so, of course, they plot rebellion - accuse the existing tribal overlords of corruption plot, perhaps to split off their own little tribe in the savanna, not realizing that this is impossible in the Modern World.”

“Today the average inhabitant of the western hemisphere knows a little of everything. He has the newspaper on his breakfast table and wireless within reach. For the evening there is the film, cards, or a meeting to complete a day spent in the office or factory where nothing that is essential has been learnt. With slight variation this picture of a low cultural average holds good over the entire range from factory-hand of clerk to manager or director. Only the personal will to culture, in whatever field and however pursued raises modern man above this level.”

“In my opinion, the greatest misconception about the market is the idea that if you buy and hold stocks for long periods of time, you'll always make money. Let me give you some specific examples. Anyone who bought the stock market at any time between the 1896 low and the 1932 low would have lost money. In other words, there's a 36 year period in which a buy-and-hold strategy would have lost money. As a more modern example, anyone who bought the market at any time between the 1962 low and the 1974 low would have lost money.”