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Position Quotes

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Position Quotes

“I think the reason why we got into such idiocy in investment management is best illustrated by a story that I tell about the guy who sold fishing tackle. I asked him, "My God, they're purple and green. Do fish really take these lures?" And he said, "Mister, I don't sell to fish." Investment managers are in the position of that fishing tackle salesman.”

ThinkingSaidReasonStoriesGuyPositionManagementGreenSellsInvestmentFishesManagersReason WhyFishingPurpleSalesmanLureIdiocyInvestment Management
Author:Charlie Munger
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“Size will hurt returns. Look at Berkshire Hathaway - the last five things Warren has done have generated returns that are splendid by historical standards, but now give him $100 billion in assets and measure outcomes across all of it, it doesn't look so good. We can only buy big positions, and the only time we can get big positions is during a horrible period of decline or stasis. That really doesn't happen very often.”

GivingLooksDoneBigsHappensLastsHurtFivePositionReturnPeriodsStandardsHistoricalSizeBillionsHorribleOutcomesAssetsDeclineOnly TimeSplendidStasis
Author:Charlie Munger
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“By the age of fifteen, I had convinced myself that nobody could give a reasonable explanation of what he meant by the word 'God' and that it was therefore as meaningless to assert a belief as to assert a disbelief in God. Though this, in a general way, has remained my position ever since, I have always avoided unnecessarily to offend other people holding religious belief by displaying my lack of such belief, or even stating my lack of belief, if I was not challenged.”

PeopleIfsWayGivingAgeBeliefReligiousPositionConvincedExplanationReasonableMeaninglessFifteenAvoidedDisbeliefReligious BeliefBelief In God
Author:Friedrich August von Hayek
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“The political structure in different countries has different origins, different developments. Something which suits one country extremely well would perhaps fail completely in another. Germany, through the long centuries of monarchy, has always had a leadership principle. ... The position of the Catholic Church rests now, as before, on the clear leadership principle of its hierarchy. And I think I can also say that of Russia, too.”

ThinkingWellsLongI CanDifferentCountryPoliticalChurchPrinciplesClearFailingCenturyPositionDevelopmentCatholicStructureRussiaSuitsGermanyHierarchyMonarchyCatholic ChurchDifferent Countries
Author:Hermann Goring
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“This is the key. If you get into deep water with these substances, this is true of psilocybin as well, you don't want to clench, you don't want to assume the fetal position and stop breathing. You want to sit up straight and breathe, and sing, and sing it back, and it will step back. You can take control of your situation ... most of the time.”

IfsWantWellsWaterSituationStepsPositionKeysAssumingBreatheBreathingSubstanceTake ControlDeep WaterPsilocybin
Author:Terence McKenna
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“A good leader does not tell people to stand behind him. That position does not give anybody power but the leader. Today's politician isn't going to be the first marching to war, so why put that guy in front? Instead, a good leader tells people to stand beside him. That creates an invincible wall of people, and that's a force where everybody stands as a true equal.”

PeopleGivingFirstsDoeWarTodayGuyForceBehindsLeaderFrontsPositionWallPoliticianEqualThat GuyInvincibleGood Leader
Author:Suzy Kassem
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“There is certain relief in change, even though it be from bad to worse! As I have often found in traveling in a stagecoach, that it is often a comfort to shift one's position, and be bruised in a new place.”

CertainFoundChangePositionChangedComfortLife ChangingReliefBruisesBruisedNew PlacesInspirational ChangePeople ChangingAccepting ChangeCreating ChangeI Have ChangedLife Is ChangingAcceptance And ChangeProgress And ChangeStagecoachesProgressive Change
Author:Washington Irving
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“Intrinsic security doesn't come from what other people think of us or how they treat us. It doesn't come from our circumstance or out position. It comes from within. It comes from accurate paradigms and correct principles deep in our own mind and heart. It comes from inside-out congruence, from living a life of integrity in which our daily habits reflect our deepest values.”

PeopleThinkingMindHeartValuesPrinciplesSecurityPositionHabitCircumstancesIntegrityTreatsAccurateHeart And MindParadigmDaily HabitsCongruence
Book:The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change Interactive Edition
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“If my sense of security lies in my reputation or in the things I have, my life will be in a constant state of threat and jeopardy-a fear that these possessions may be lost, stolen, or devalued. If I'm in the presence of someone of greater net worth, fame, or status, I feel inferior. If I'm in the presence of someone of lesser net worth, fame or status, I feel superior. My sense of self-worth constantly fluctu-ates. I don't have any sense of constancy, anchorage, or persistent selfhood. I am constantly trying to protect and insure my assets, properties, securities, position, or reputation.”

IfsFeelsTryingMaySelfStatesLyingLostGreaterSecurityPositionFameProtectConstantPropertyThreatPossessionSelf WorthSuperiorsReputationAssetsInferiorsStolenPersistentSense Of SelfConstancyJeopardyNet Worth
Author:Stephen Covey
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“The man of genius is he whose ego has acquired consciousness. He is enabled by it to distinguish the fact that others are different, to perceive the "ego" of other men, even when it is not pronounced enough for them to be conscious of it themselves. But it is only he who feels that every other man is also an ego, a monad, an individual centre of the universe, with specific manner of feeling and thinking and a distinct past, he alone is in a position to avoid making use of his neighbours as means to an end.”

ThinkingMenFeelsMeanDifferentEndsEnoughFactsUseFeelingsPastUniverseIndividualConsciousnessPositionHe ManGeniusEgoConsciousPerceiveCentreNeighbourMeans To An End
Book:Sex & Character
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“Being Jewish myself, I somehow didn't see the problem: who cares what a mentally ill (but strangely likable) individual says? If he didn't make some money at chess, I could see him becoming a street person, shaking his fists at cars as they passed by his corner of the block. Isn't it preferable to have him in a self-sufficient position rather than as a liability of the state?”

IfsPersonsSelfStatesProblemCareIndividualStreetsCarPositionBecomingIllCornersChessBlockSufficientWho CaresFistsShakingLiabilitySelf SufficientMentally Ill
Author:Jeremy Silman
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“Be skeptical, but not as a social position, not claiming to be so intelligent that you cannot believe what other people say. It's not about being right and making everybody else wrong. No, you are skeptical because you know without a doubt that everybody lives in their own story, and in their story they have their own truth. But it's only truth in their mind, just as your truth is only truth in your mind, and nobody else's.”

PeopleKnowsMindBelieveStoriesSocialDoubtPositionTruth IsIntelligentSkeptical
Author:Miguel Angel Ruiz
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“Even dramatically how you position some person, the depth, the existence [in 3D] is different than a flat image even though by itself it has depth, we create the illusion of depth. For example, some of the shots I have to stay closer to the actor because it's a young actor, I like it closer for some of the shots. I watch 2D scenes next to the camera, then when I go back to my station and watch it in 3D I have to go back and reduce his acting, he has to shrink a little bit because he peeks out more.”

LittlesPersonsDifferentYoungNextActorsBitsActingExistenceWatchesExamplePositionSceneLittle BitIllusionShotsCamerasDepthFlatsStationsShrinksYoung Actors
Author:Ang Lee
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“We have a conservative government that only thinks in terms of efficiency. They are spending a lot of money on military expenses and less and less on culture. My position is that culture can actually be economically viable. When I make a film, the film costs $3 million. Now, in Quebec, it grossed $3.5 million, which is a small film. It's not a comedy. There are no stars in it. And, it still grosses $3.5 million. That's just in Quebec.”

ThinkingStillsGovernmentFilmCultureStarsTermMillionsComedyMilitaryPositionCostConservativeSpendingExpensesLots Of MoneyEfficiencyQuebecSpending A Lot Of Money
Author:Philippe Falardeau
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“The idea of the Overton Window is that there`s a fairly narrow window of proposals in any particular policy area that people will take seriously that wouldn`t get you written off as a kook. The way to move or expand that window is to advocate super extreme positions which change the realm of what`s politically possible because after something super nuts has been . floated, thereafter, slightly less nuts positions will start to look acceptable and moderate by comparison.”

PeopleWayLooksHas BeensIdeasMovingWrittenPolicyPositionParticularAreasWindowExtremesRealmsComparisonNutsAcceptableModeratesProposal
Author:Rachel Maddow
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“Britain kept its position as the dominant world power well into the 20th century despite steady decline. By the end of World War II, dominance had shifted decisively into the hands of the upstart across the sea, the United States, by far the most powerful and wealthy society in world history.”

WorldWellsWarEndsStatesHandsUnitedPowerfulUnited StatesSeaCenturyPositionDespiteWar Of The WorldsBritainMost PowerfulWealthySteadyWorld War IiDeclineWorld War IDominant20th CenturyWorld HistoryDominanceWorld PowerUpstart
Author:Noam Chomsky
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“I think there are plenty of good people in America, but there are also plenty of bad people in America and the bad ones are the ones who seem to have all the power and be in these positions to block things that you and I need.”

PeopleThinkingNeedsSeemsAmericaPositionBlockPlentyGood PeopleBad People
Book:By any means necessary: the trials and tribulations of the making of Malcolm X
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“Who needs a dream? Who needs ambition? Who'd be the fool in my position? Once I had dreams, now they're obsessions. Hopes became needs, lovers possessions. Then they move in, oh so discretely. Slowly at first, smiling too sweetly. I opened doors, they walked right through them. Called me their friend, I hardly knew them... Don't get me wrong, I'm not complaining. Times have been good, fast, entertaining. But what's the point if I'm concealing not only love, all other feeling.”

IfsNeedsFirstsHas BeensFeelingsDreamMovingDoorsPositionFoolLoversAmbitionPossessionComplainingObsessionEntertainingOnly LoveI Had A DreamConcealingNeed LoveOpened Doors
Author:Tim Rice
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“Ironically, members on both sides of the debate do agree about one thing: big bang cosmology puts their position in jeopardy. The big bang poses a problem for young-earth creationists because it makes the universe billions of years old rather than thousands. Such an assertion undercuts their system at its foundation. Big bang cosmology also presents a problem for atheistic scientists because it points directly to the existence of a transcendent Creator - a fact they dare not concede.”

YearsFactsProblemBigsEarthYoungUniverseSidesExistenceOne ThingPositionMembersScientistAgreeFoundationDareCreatorBillionsDebateBoth SidesBangsAssertionTranscendentCosmologyAtheisticJeopardy
Author:Hugh Ross
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