Icon Money Quotes

I don’t care if he hangs out with Skream/Benga or whoever,” he spat, “it’s just pure nonsense to ruin a hardcore genre with gay synths, chopped chipmunk vocals and cheesy poppy shit just so you can make a shitload of money and be an icon to a fanbase that consists of 13 year old wannabe dubheads and doesn’t know shit about music.

The more we associate experience with cash value, the more we think that money is what we need to live. And the more we associate money with life, the more we convince ourselves that we’re too poor to buy our freedom. With

Sometimes it seems to me that the private life no longer suffices for many of us, that if we are not observed by others doing glamorous things, we might as well not exist.

Good Stories Always Beat Good Spreadsheets” “Whether you are raising money, pitching your product to customers, selling the company, or recruiting employees, never forget that underneath all the math and the MBA bullshit talk, we are all still emotionally driven human beings. We want to attach ourselves to narratives. We don’t act because of equations. We follow our beliefs. We get behind leaders who stir our feelings. In the early days of your venture, if you find someone diving too deep into the numbers, that means they are struggling to find a reason to deeply care about you.

we end up spending (as Thoreau put it) “the best part of one’s life earning money in order to enjoy a questionable liberty during the least valuable part of it.” We’d love to drop all and explore the world outside, we tell ourselves, but the time never seems right. Thus, given an unlimited amount of choices, we make none. Settling into our lives, we get so obsessed with holding on to our domestic certainties that we forget why we desired them in the first place.

Become a student of success, rather than a student of how to make money. Success, true success, spreads over the whole spectrum of life -- not just our finances.

He directed iconic peanut butter commercials to make the money to pay off Ken and Maisie’s bills.

Don hits rock bottom in the series’ finest hour, “The Suitcase,” which is essentially a two-character play about Don and Peggy stuck in the office through a tumultuous night. She wants to leave for a birthday dinner with her boyfriend, while he needs company to avoid placing the phone call that will tell him that Anna Draper — the widow of the real Don, and the one person on Earth with whom this Don feels truly comfortable and safe — has died of cancer. Over the course of the episode, Jon Hamm and Elisabeth Moss are asked to play every emotion possible: rage and despair, joy and humiliation, companionship and absolute contempt. In the most iconic moment, Peggy complains that Don took all the credit for an award-winning campaign she helped conceive. “It’s your job,” he tells her, his voice dripping with condescension. “I give you money. You give me ideas.” “And you never say, ‘Thank you,’” she complains, fighting back tears. “That’s what the money is for!” he screams.

It seemed that Trump couldn’t spend fast enough. In 1988, he had paid $365 million to buy airplanes and routes from Eastern Airlines, which he turned into a Northeastern shuttle service. And he shelled out $407 million for the Plaza Hotel, the iconic château-style building across from Manhattan’s Central Park. In both cases, he borrowed most of the money, and analysts said he overpaid. The purchases loaded him up with debt at the same time he was ramping up his gambling empire by the boardwalk, and both moves would come to haunt him. To

Wasn't that what Jesus said: do what I do? He was here as an example for us to follow. Same with all prophets. Didn't the prophets tell us to be like them? That's what's wrong with Christianity. They make Jesus and the prophets into icons, take them off of earth, and put them in heaven to worship them, so they're no longer accessible. You've taken a reality and made it into a worthless idol. Christians talk about the idolatry of other religions, but when they no longer live principles and just worship the people who taught them, that's exactly what they're doing.

Why do these people crave fame? Why do any of us? Well, I’d argue it’s not about money. If it were our tabloids would be devoted to the lives and times of bankers. I think we all want to leave a legacy. We want to be remembered. We want to be Great.... In short, Alexander [the Great] was Great because others decided he was Great, because they chose to admire and emulate him. ... We made Alexander Great, just as today we make people great when we admire them and try to emulate them. History has traditionally been in the business of finding and celebrating great men, and only occasionally great women, but this obsession with Greatness is troubling to me. It wrongly implies, first, history is made primarily by men and secondly, that history is made primarily by celebrated people, which of course makes us all want to be celebrities. Thankfully we’ve left behind the idea that the best way to become an icon is to butcher people and conquer a lot of land, but the ideals that we’ve embraced instead aren’t necessarily worth celebrating either. All of which is to say we decide what to worship and what to care about and what to pay attention to. We decide whether to care about [so-called ‘celebrities’]. Alexander couldn’t make history in a vacuum, and neither can anyone else.

My goal is not to fail fast. My goal is to succeed over the long run. They are not the same thing.” “To do original work: It’s not necessary to know something nobody else knows. It is necessary to believe something few other people believe.” “Andy Grove had the answer: For every metric, there should be another ‘paired’ metric that addresses adverse consequences of the first metric.” “Show me an incumbent bigco failing to adapt to change, I’ll show you top execs paid huge cash compensation for quarterly and annual goals.” “Every billionaire suffers from the same problem. Nobody around them ever says, ‘Hey, that stupid idea you just had is really stupid.’” “‘Far more money has been lost by investors trying to anticipate corrections, than has been lost in corrections themselves.’—Peter Lynch

This work has, among other things, led to the rescue of 23 children from rape and assault, the seizure of a quarter-million child abuse videos, and the arrest of 370 alleged pedophiles. It has resulted in the largest-ever seizure of cryptocurrency headed to Hamas, al-Qaeda and the Islamic State. When Changpeng Zhao, chief of the world’s biggest cryptocurrency exchange, Binance, reported to prison in June, it was because Koopman’s small cybercrime team had uncovered evidence of the firm’s money laundering for terrorists and sanctions-busting for Iran, Syria and Russia. In the past 10 years, this work has returned more than $12 billion to victims of crime and to the U.S. Treasury. If he worked anywhere else, Koopman would probably be celebrated. But he’s employed by the Internal Revenue Service, the arm of government that even its commissioner, Danny Werfel, describes as “iconically unpopular.

Virtually all letter writers confessed how their encounter with Nietzsche's philosophy either emboldened or chastened them, liberated them from old falsehoods, or saddled them with new moral responsibilities. Helen Bachmuller of Dayton, Ohio, wrote to let Förster-Nietzsche know that her brother had inspired the belief that human greatness was still possible in the modern world. Though unworthy of his greatness, he nevertheless awakened in her a longing for something deeper in herself. Nietzsche, Bachmuller confessed, had saved her from her 'own inner emptiness.' The 'Ohio country' she called home had become 'tame and commonplace,' filled with lives 'trivial and ... essentially ugly, for they are engrossed with matters of money and motors, not with work or faith or art.' She regarded the Methodist church near her house as 'vulgar, pretentious.' Though disgusted by the offensive mediocrity around her, she was also chagrined by her own limitations: 'It would be, probably, impossible for you to imagine anything more superficial than I am.' But reading presumably the recently released translation of Förster-Nietzsche's The_Nietzsche-Wagner_Correspondence had exposed Bachmuller to 'depths beyond depths, of one great soul striking fire against another great soul, and I became thrilled. I could feel the harmonies and dissonances, the swell and surge of those two glorious beings, and I felt much more that I cannot express.' Reading Nietzsche enlivened her to the possibility 'for a companionship that would stimulate, that would deepen, that would give me Tiefen [depth].' Nietzsche strengthened her resolve that 'all my life I will hold on to my hunger, if I never manage to have a soul, at any rate I will remain, by hook or crook, aware of it and I will desire one all my life, I will not accept substitutes.

The Magic of Goulash “The trip down the aisle [on a bus or train, during his travels] was where all the stakes were. Because as I’m going down that aisle, I’ve got to look for an empty seat next to somebody who seems interesting. Somebody I can trust, somebody who might be able to trust me. The stakes are high because I know that at the end of that ride, wherever it was going, that person had to invite me to their home. Because I had no money to spend night after night in a hotel.” The clincher question Cal used to get free room and board around Europe as a poor traveler was: “Can you tell me: How do you make the perfect goulash?” He would purposefully sit down next to grandmas, who would then pour out their souls. After a few minutes of passionate pantomiming, people would come from around the train to help translate, no matter the country. Cal never had to worry about where he was spending the night. “During [one dinner party a grandma threw in Hungary to feed me goulash,] one of the neighbors says, ‘Have you ever tasted apricot brandy? Because nobody makes apricot brandy like my father. He lives a half an hour away. You’ve got to come to taste the apricot brandy.’ That weekend, we’re tasting apricot brandy, having a great time. Another party starts, another neighbor comes over to me. ‘Have you ever been to Kiskunhalas, the paprika capital of the world? You cannot leave Hungary without visiting Kiskunhalas.’ Now we’re off to Kiskunhalas. I’m telling you, a single question about goulash could get me 6 weeks of lodging and meals, and that’s how I got passed around the world. 10 years. 10 years.

One of the greatest difficulties we human beings seem to have is to relinquish long-held ideas. Many of us are addicted to being right, even if facts do not support us. One fixed image we cling to, as iconic in today’s culture as the devil was in previous ages, is that of the addict as an unsavoury and shadowy character, given to criminal activity. What we don’t see is how we’ve contributed to making him a criminal. There is nothing more intrinsically criminal in the average drug user than in the average cigarette smoker or alcohol addict. The drugs they inject or inhale do not themselves induce criminal activity by their pharmacological effect, except perhaps in the way that alcohol can also fuel a person’s pent-up aggression and remove the mental inhibitions that thwart violence. Stimulant drugs may have that effect on some users, but narcotics like heroin do not; on the contrary, they tend to calm people down. It is withdrawal from opiates that makes people physically ill, irritable and more likely to act violently — mostly out of desperation to replenish their supply. The criminality associated with addiction follows directly from the need to raise money to purchase drugs at prices that are artificially inflated owing to their illegality. The addict shoplifts, steals and robs because it’s the only way she can obtain the funds to pay the dealer. History has demonstrated many times over that people will transgress laws and resist coercion when it comes to struggling for their basic needs — or what they perceive as such. Sam Sullivan, Vancouver’s quadriplegic mayor, told a conference on drug addiction once that if wheelchairs were illegal, he would do anything to get one, no matter what laws he had to break. It was an apt comparison: the hardcore addict feels equally handicapped without his substances. As we have seen, many addicts who deal in drugs do so exclusively to finance their habit. There is no profit in it for them.

Learning to meditate helped too. When the Beatles visited India in 1968 to study Transcendental Meditation at the ashram of Maharishi Mahesh Yogi, I was curious to learn it, so I did. I loved it. Meditation has benefited me hugely throughout my life because it produces a calm open-mindedness that allows me to think more clearly and creatively. I majored in finance in college because of my love for the markets and because that major had no foreign language requirement—so it allowed me to learn what I was interested in, both inside and outside class. I learned a lot about commodity futures from a very interesting classmate, a Vietnam veteran quite a bit older than me. Commodities were attractive because they could be traded with very low margin requirements, meaning I could leverage the limited amount of money I had to invest. If I could make winning decisions, which I planned to do, I could borrow more to make more. Stock, bond, and currency futures didn’t exist back then. Commodity futures were strictly real commodities like corn, soybeans, cattle, and hogs. So those were the markets I started to trade and learn about. My college years coincided with the era of free love, mind-expanding drug experimentation, and rejection of traditional authority. Living through it had a lasting effect on me and many other members of my generation. For example, it deeply impacted Steve Jobs, whom I came to empathize with and admire. Like me, he took up meditation and wasn’t interested in being taught as much as he loved visualizing and building out amazing new things. The times we lived in taught us both to question established ways of doing things—an attitude he demonstrated superbly in Apple’s iconic “1984” and “Here’s to the Crazy Ones,” which were ad campaigns that spoke to me. For the country as a whole, those were difficult years. As the draft expanded and the numbers of young men coming home in body bags soared, the Vietnam War split the country. There was a lottery based on birthdates to determine the order of those who would be drafted. I remember listening to the lottery on the radio while playing pool with my friends. It was estimated that the first 160 or so birthdays called would be drafted, though they read off all 366 dates. My birthday was forty-eighth.

A Tale of Two Parking Requirements The impact of parking requirements becomes clearer when we compare the parking requirements of San Francisco and Los Angeles. San Francisco limits off-street parking, while LA requires it. Take, for example, the different parking requirements for concert halls. For a downtown concert hall, Los Angeles requires, as a minimum, fifty times more parking than San Francisco allows as its maximum. Thus the San Francisco Symphony built its home, Louise Davies Hall, without a parking garage, while Disney Hall, the new home of the Los Angeles Philharmonic, did not open until seven years after its parking garage was built. Disney Hall's six-level, 2,188-space underground garage cost $110 million to build (about $50,000 per space). Financially troubled Los Angeles County, which built the garage, went into debt to finance it, expecting that parking revenues would repay the borrowed money. But the garage was completed in 1996, and Disney Hall—which suffered from a budget less grand than its vision—became knotted in delays and didn't open until late 2003. During the seven years in between, parking revenue fell far short of debt payments (few people park in an underground structure if there is nothing above it) and the county, by that point nearly bankrupt, had to subsidize the garage even as it laid employees off. The money spent on parking shifted Disney Hall's design toward drivers and away from pedestrians. The presence of a six-story subterranean garage means most concert patrons arrive from underneath the hall, rather than from the sidewalk. The hall's designers clearly understood this, and so while the hall has a fairly impressive street entrance, its more magisterial gateway is an "escalator cascade" that flows up from the parking structure and ends in the foyer. This has profound implications for street life. A concertgoer can now drive to Disney Hall, park beneath it, ride up into it, see a show, and then reverse the whole process—and never set foot on a sidewalk in downtown LA. The full experience of an iconic Los Angeles building begins and ends in its parking garage, not in the city itself. Visitors to downtown San Francisco have a different experience. When a concert or theater performance lets out in San Francisco, people stream onto the sidewalks, strolling past the restaurants, bars, bookstores, and flower shops that are open and well-lit. For those who have driven, it is a long walk to the car, which is probably in a public facility unattached to any specific restaurant or shop. The presence of open shops and people on the street encourages other people to be out as well. People want to be on streets with other people on them, and they avoid streets that are empty, because empty streets are eerie and menacing at night. Although the absence of parking requirements does not guarantee a vibrant area, their presence certainly inhibits it. "The more downtown is broken up and interspersed with parking lots and garages," Jane Jacobs argued in 1961, "the duller and deader it becomes ... and there is nothing more repellent than a dead downtown.

ANY TIME I’M TELLING MYSELF, ‘BUT I’M MAKING SO MUCH MONEY,’ THAT’S A WARNING SIGN THAT I’M DOING THE WRONG THING.

Leadership isn’t just for global icons and marketplace titans. It’s an arena everyone gets to play in. Because leadership is a lot less about having a formal title, a large office and money in the bank. And a lot more about committing to mastery over all you do—and in who you are. It’s about resisting the tyranny of the ordinary, refusing to allow negativity to hijack your sense of awe and preventing any form of slavery to mediocrity from infesting your life. Leadership is about making a difference, right where you’re planted. Real leadership is about sending out brave work that exemplifies genius, turns your whole field on its head by its scope, innovation and execution, and is so staggeringly sublime that it stands the test of time.

Back to Tony, “cap the downside” also applies to thinking long-term about fees and middlemen: “If three of my friends [and I] all put aside the same amount of money, and we all get a 7% return, but my buddy’s getting fees of 3%, my other buddy’s 2%, and I’m 1%, and all three of us put $1 million in or $100,000 . . . the person with 3% of fees ends up with 65% less money [in the long-term]. . . .

In Money: Master the Game, Ray Dalio elaborated for Tony: “When people think they’ve got a balanced portfolio, stocks are three times more volatile than bonds. So when you’re 50/50, you’re really 90/10. You really are massively at risk, and that’s why when the markets go down, you get eaten alive. . . . Whatever asset class you invest in, I promise you, in your lifetime, it will drop no less than 50% and more likely 70% at some point. That is why you absolutely must diversify.

If you want to be wealthy—as measured in money, time, relationships, ease of sleep, or otherwise—“spiritual windshield wipers” will help you get there with fewer accidents and less headache.

Show me an incumbent bigco failing to adapt to change, I’ll show you top execs paid huge cash compensation for quarterly and annual goals.” “Every billionaire suffers from the same problem. Nobody around them ever says, ‘Hey, that stupid idea you just had is really stupid.’” “‘Far more money has been lost by investors trying to anticipate corrections, than has been lost in corrections themselves.’—Peter Lynch

therefore an investment like that is unbeatable. Buildings that I would buy for $500K within the year were $800K and I put only maybe $100K down, so you made 300% on your money. . . . I quickly developed and traded up my buildings and bought more apartment buildings and office buildings on Main Street down in Santa Monica and so on. . . . I benefited from [a magic decade] and I became a millionaire from my real estate investments.

Why Are You Investing, Anyway? For me, the goal of “investing” has always been simple: to allocate resources (e.g., money, time, energy) to improve quality of life.

I think we need to teach kids two things: 1) how to lead, and 2) how to solve interesting problems. Because the fact is, there are plenty of countries on Earth where there are people who are willing to be obedient and work harder for less money than us. So we cannot out-obedience the competition. Therefore, we have to out-lead or out-solve the other people. . . .

Confronted with a seemingly unmanageable emotional universe, some people embraced a new Protestant work ethic, convinced that a successful life would be measured by how much money one made and the goods one could buy with this money. The good life was no longer to be found in community and connection, it was to be found in accumulation and the fulfillment of hedonistic, materialistic desire. In keeping with this shift in values from a people-oriented to a thing-oriented society, the rich and famous, particularly movie stars and singers, began to be seen as the only relevant cultural icons.

The nation is teetering on financial ruin due to the unconscionable profligate spending, borrowing, taxing, and money printing by the federal government. Several decades ago, Dr. Milton Friedman, an iconic economist and Nobel laureate, concluded that “it is not in the interest of a legislator to vote against a particular appropriation bill if that vote would create strong enemies while a vote in its favor would alienate few supporters.

How Ma Bell Helped Us Build the Blue Box In 1955, the Bell System Technical Journal published an article entitled “In Band Signal Frequency Signaling” which described the process used for routing telephone calls over trunk lines with the signaling system at the time. It included all the information you’d need to build an interoffice telephone system, but it didn’t include the MF (multifrequency) tones you needed for accessing the system and dialing. But nine years later, in 1964, Bell revealed the other half of the equation, publishing the frequencies used for the digits needed for the actual routing codes. Now, anybody who wanted to get around Ma Bell was set. The formula was there for the taking. All you needed were these two bits of information found in these two articles. If you could build the equipment to emit the frequencies needed, you could make your own free calls, skipping Ma Bell’s billing and monitoring system completely. Famous “phone phreaks” of the early 1970s include Joe Engressia (a.k.a. Joybubbles), who was able to whistle (with his mouth) the high E tone needed to take over the line. John Draper (a.k.a. Captain Crunch) did the same with the free whistle that came inside boxes of Cap’n Crunch. A whole subculture was born. Eventually Steve Jobs (a.k.a. Oaf Tobar) and I (a.k.a. Berkeley Blue) joined the group, making and selling our own versions of the Blue Boxes. We actually made some good money at this.

Now, I accept that Apple had to work the way a company has to. There are a lot of people who operate the company, and there are a lot of people on the board who run things. So the reasoning is very difficult to see. I mean, this was a time when the company had one reputation but it was totally different on the inside. It very much bothered me that you can get away with all kinds of things when you are successful. For example, a bad person can get away with a lot of things if they have a lot of money. And a bad person can hide it—hide behind the money—and keep on being a bad person.

They were planning to launch a pioneering series of ‘disposable records’–the aural equivalent of paperback books, which would offer readings or speeches by iconic figures of the age at a bargain price. There would even be albums of the Beatles in conversation, the company announced. McCartney and Harrison were prepared to spend half the year in California, to establish Apple as a truly transatlantic enterprise.

There were three reasons why we survived: We had no money, we had no technology, and we had no plan. Every dollar, we used very carefully.

How might you put this into practice? Here are a few things I’ve done repeatedly for 3 to 14 days at a time to simulate losing all my money: Sleeping in a sleeping bag, whether on my living room floor or outside Wearing cheap white shirts and a single pair of jeans for the entire 3 to 14 days Using CouchSurfing.com or a similar service to live in hosts’ homes for free, even if in your own city Eating only A) instant oatmeal and/or B) rice and beans Drinking only water and cheap instant coffee or tea Cooking everything using a Kelly Kettle. This is a camping device that can generate heat from nearly anything

Whether you are raising money, pitching your product to customers, selling the company, or recruiting employees, never forget that underneath all the math and the MBA bullshit talk, we are all still emotionally driven human beings. We want to attach ourselves to narratives. We don’t act because of equations. We follow our beliefs. We get behind leaders who stir our feelings. In the early days of your venture, if you find someone diving too deep into the numbers, that means they are struggling to find a reason to deeply care about you.

If you’ve got enough money to solve the problem, you don’t have the problem.” In

This faction hoped to use their wealth to advance a strain of conservative libertarian politics that was so far out on the political fringe as recently as 1980, when David Koch ran for vice president of the United States on the Libertarian Party ticket, it received only 1 percent of the American vote. At the time, the conservative icon William F. Buckley Jr. dismissed their views as “Anarcho-Totalitarianism.

The more we associate experience with cash value, the more we think that money is what we need to live. And the more we associate money with life, the more we convince ourselves that we’re too poor to buy our freedom.