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Pieces Quotes

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Pieces Quotes

“The individual, by means of the discipline imposed on him by sport, not only plays and finds relaxation from the various compulsions to which he is subjected, but without knowing it trains himself for new compulsions. ... Training in sports makes of the individual an efficient piece of apparatus which is henceforth unacquainted with anything but the harsh joys of exploiting his body and winning.”

“In going directly to Investment Heaven, you build your portfolio as you would build a wonderful company through a merger and acquisition program. You specify the way you want your portfolio to look, and then you assemble the profile piece by piece by bringing together companies that make their own individual contributions to the desired character.”

“Outside observers often assume that the more complicted a piece of mathematics is, the more mathematicians admire it. Nothing could be further from the truth. Mathematicians admire elegance and simplicity above all else, and the ultimate goal in solving a problem is to find the method that does the job in the most efficient manner. Though the major accolades are given to the individual who solves a particular problem first, credit (and gratitude) always goes to those who subsequently find a simpler solution.”

“The beautiful wooden board on a stand in my father's study. The gleaming ivory pieces. The stern king. The haughty queen. The noble knight. The pious bishop. And the game itself, the way each piece contributed its individual power to the whole. It was simple. It was complex. It was savage; it was elegant. It was a dance; it was a war. It was finite and eternal. It was life.”

“Collaborations work when both or however many parties are the right people to be working together for whatever reason - whether it's two musicians or a musician and a filmmaker or a musician and a choreographer, if the combination is right, the possibility exists to make something greater than the individuals could make. But if the combination is wrong than you generally end up with a compromised piece is probably less than the individuals could make.”

“Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one.”

“There's only one way for an individual to remain upright, not to fall to pieces, not to sink into the mire of self-oblivionorself-contempt. That's calmly to turn away from everything, to say, "Enough!" and, folding one's useless arms across one's empty breast, to retain the ultimate, the sole attainable virtue, the virtue of recognizing one's own insignificance.”

“Frankly speaking, I hate comparisons. Two individuals are doing two different films, playing two different characters: how can you compare them? It is not fair to get into ratings. It really doesn't matter what I think about other actresses; what matters is what the directors think of them when they are casting them in a project, because I think it's the director who's behind a successful piece of cinema.”

“What's fascinating . . .is that you could now have a business that might have been selling for $10 billion where the business itself could probably not have borrowed even $100 million. But the owners of that business, because its public, could borrow many billions of dollars on their little pieces of paper- because they had these market valuations. But as a private business, the company itself couldn't borrow even 1/20th of what the individuals could borrow.”