Titanic Famous Quotes

The sinking of the Wilhelm Gustloff is the deadliest disaster in maritime history, with losses dwarfing the death tolls of the famous ships Titanic and Lusitania. Yet remarkably, most people have never heard of it. On January 30, 1945, four torpedoes waited in the belly of Soviet submarine S-13.

Those who believe in the unconditional benefits of past experience should consider this pearl of wisdom allegedly voiced by a famous ship’s captain: But in all my experience, I have never been in any accident… of any sort worth speaking about. I have seen but one vessel in distress in all my years at sea. I never saw a wreck and never have been wrecked nor was I ever in any predicament that threatened to end in disaster of any sort. E. J. Smith, 1907, Captain, RMS Titanic Captain Smith’s ship sank in 1912 in what became the most talked-about shipwreck in history.*

The engineer and historian of engineering Henry Petroski presents a very elegant point. Had the Titanic not had that famous accident, as fatal as it was, we would have kept building larger and larger ocean liners and the next disaster would have been even more tragic. So the people who perished were sacrificed for the greater good; they unarguably saved more lives than were lost. The story of the Titanic illustrates the difference between gains for the system and harm to some of its individual parts.

But, well-endowed as Mrs. Rumfoord was, she still did troubled things like chaining a dog's skeleton to the wall, like having the gates of the estate bricked up, like letting the famous formal gardens turn into New England jungle. The moral: Money, position, health, handsomeness and talent aren't everything.

Ramona wasn't at home anywhere. She felt like a spy in life and the ending of every great book and each orgasm, and the sight of every homeless shopping bag lady infected her with a titanic yearning for the world to make an unscheduled stop.

On her chest shone her famous aigis, leather armor fringed with golden threads. It was said to be made from the skin of a Titan that she had flayed and tanned herself.

My anthology continues to sell & the critics get more & more angry. When I excluded Wilfred Owen, whom I consider unworthy of the poets' corner of a country newspaper, I did not know I was excluding a revered sandwich-board Man of the revolution & that some body has put his worst & most famous poem in a glass-case in the British Museum-- however if I had known it I would have excluded him just the same. He is all blood, dirt & sucked sugar stick (look at the selection in Faber's Anthology-- he calls poets 'bards,' a girl a 'maid,' & talks about 'Titanic wars'). There is every excuse for him but none for those who like him. . . .(from a letter of December 26, 1936, in Letters on Poetry from W. B. Yeats to Dorothy Wellesley, p. 124).

It would appear to a quoting dilettante—i.e., one of those writers and scholars who fill up their texts with phrases from some dead authority—that, as phrased by Hobbes, “from like antecedents flow like consequents.” Those who believe in the unconditional benefits of past experience should consider this pearl of wisdom allegedly voiced by a famous ship’s captain: "But in all my experience, I have never been in any accident… of any sort worth speaking about. I have seen but one vessel in distress in all my years at sea. I never saw a wreck and never have been wrecked nor was I ever in any predicament that threatened to end in disaster of any sort." E. J. Smith, 1907, Captain, RMS Titanic Captain Smith’s ship sank in 1912 in what became the most talked-about shipwreck in history.

Any useful statement about the future should at first seem ridiculous’ by Jim Dator. Also, ‘When it comes to the future, it’s far more important to be imaginative than to be right’ by Alvin Toffler. Both are famous futurists. These quotes remind me that world-changing ideas will seem absurd to most people, and that the most useful work I can be doing is to push the envelope of what is considered possible.

North: The frieze from the north portion of the temple depicts the war against the Amazons. It shows a meeting between the Amazon and Greek warriors, with Hekate being the central figure sanctioning a pact. The position of her body in this particular frieze has been interpreted as being indicative that while she brought the sides together and sanctioned the pact, she sided with the legendary female warriors of Anatolia. East: The eastern frieze depicts scenes from the life of Zeus, including a version of his birth in which Hekate takes the role of midwife. She assists the goddess Rhea in swaddling the baby and protecting it from his father Kronos’ paranoid madness. West: The western side shows a version of the war against the Giants. Like that of the famous friezes of Pergamon, it depicts Hekate as fighting on the side of Zeus. South: The south side shows a selection of Carian deities gathering for a feast. This has been interpreted as a gathering for the Hekatesion or another significant festival. Here it is interesting to note that the front of the temple (East) depicted the birth of Zeus and the back his battle and victory over the Titans. These are pivotal points in Greek religious history, Zeus’ birth and his victory in the battle which enables him to ascend to the throne. At both these points, Hekate is present.

My original intention with The 4-Hour Workweek (4HWW), The 4-Hour Body (4HB), and The 4-Hour Chef (4HC) was to create a trilogy themed after Ben Franklin’s famous quote: “Early to bed and early to rise, makes a man healthy, wealthy, and wise.” People constantly ask me, “What would you put in The 4-Hour Workweek if you were to write it again? How would you update it?” Ditto for 4HB and 4HC. Tools of Titans contains most of the answers for all three.

Faking violin stardom ultimately allowed me to return to what captivated me at four years old when I first heard Vivaldi's "Winter." It wasn't the desire to be seen as talented, or a ticket to the big city, or worldly success, or respect. It wasn't The Money. It was simply this: I loved a song. Playing the role of a famous, world-class violinist allowed me to return to the feeling that playing the violin doesn't require anything more than loving a song. Or anything less. As Mr. Rogers says at the end of the trumpet factory episode, right after he explains that as a kid he pretended he was a songwriter on TV, right before he begins to sing on TV: 'It helps to play about things. It helps you to know how it really feels.

Which meant, if somehow GameStop did start to go up, the people who had shorted the company would begin to feel pressure to buy; the more the stock went up, the heavier that pressure became. As the shorts began to cover, buying shares to return them to their lenders, the stock would rise even higher. In financial parlance, this was something called a 'short squeeze.' It didn't happen often, but when it did, it could be spectacular. Most famously, in 2008, a surprise takeover attempt of the German automaker Volkswagen by rival Porsche drove Volkswagen's stock price up by a factor of 5 — briefly making it the most valuable company in the world — in two quick days of trading, as short selling funds struggled to cover their positions. Similarly, a battle between two hedge fund titans — Bill Ackman, of Pershing Square Capital Management, and Carl Icahn — led to a squeeze involving supplement maker — and alleged pyramid marketer — Herbalife, which cost Ackman a reported $1 billion. And perhaps the first widely reported short squeeze dated back a century, to 1923, when grocery magnate Clarence Saunders successfully decimated short sellers who had targeted his nascent chain of Piggly Wiggly grocery stores.

While so many people floated on the sea, dying, most of the lifeboats did not sit idly by. They had to confront the excruciating moral question of whether to put their own lives at risk and row back to pick up survivors, or whether to preserve their safety at a distance, and either hope that a ship would arrive soon (doubtful, since none appeared to be on the horizon), or let the others die. Most opted for the latter. Famously, Margaret Brown (discussed above) forced her boat to return, but by the time she had taken charge, they were only able to pull a few people from the icy water. The rest had already perished.

after us … or maybe they’d put their safeties back on, and we’d get to watch a bunch of smiling Titans following like drones? They could get on tiny motorcycles then follow the RV. That’d be funny, wouldn’t it? They’d look like those famous fat twins on their bikes. Alien comedy at its best.” Now Andreus looked angry. He’d been wearing a damp rag on his head since they’d left the RV in one of the few places with overhead cover a few miles back. Piper kept wanting to make babushka jokes, but she couldn’t quite manage. The man

and to whose unsurpassable mastery of ballistics and biomass energetics we owe our third sun that now shines above us with its own famous on-off switch....

Still, it was hard not to be impressed by the names who would be involved. Present in the room that day were William Pedersen, co-founder of the high-rise titans Kohn Pedersen Fox; David Childs, partner at the juggernaut Skidmore Owings and Merrill, who had designed Time Warner Center; Elizabeth Diller, from the “cerebral boutique” Diller Scofidio + Renfro, whose visions had informed the High Line; David Rockwell, a “virtuoso of showbiz and restaurant design”; Howard Elkus, from the high-end shopping-center specialists Elkus Manfredi; and landscape architect Thomas Woltz.

I like Steele. He’s lovely and funny, and he gets how weird I am. Plus, he’s hot.” “And a famous hockey player and a giant. Bet his ding-a-ling is as big as his hockey stick.” “Doubtful, but I bet it’s close.

Newspapers had different sections you didn’t want to read, like sport or overseas news, and stuff you did, like the word “jumble” and Fred Basset. You “scrolled” to the bit you wanted by putting the bits you didn’t want in the bin, which is bad for the planet. Luckily now we can get exactly the parts of a newspaper that we want delivered straight to our phone, though it has made painting a shelf harder because you can’t put the Daily Mail Sidebar Of Shame underneath to stop your table getting painty like you could with the family supplement. And it’s impossible to start a fire using the Guardian app. Which is good for the planet too. Some of the most famous newspapers such as The Times and TV Quick started in coffee shops in the 1800th century and by Victorian times they could be seen everywhere. Holding that day’s newspaper was a sign that you were keeping up with events. Either that or you were helping your kidnapper prove to the police that you weren’t dead yet. Newspapers made ordinary people feel part of big events, whether it was the sinking of the Titanic, men pretending to land on the Moon, the death of Lady Diana or Kinga off Big Brother sticking a wine bottle up her growler. Without newspapers we would never have heard of Piers Morgan, Rupert Murdoch or Jeremy Clarkson, so it’s understandable that in the 21st century the average person no longer buys a daily paper, in an attempt to stop it happening again.

From The Titanic Test: I pulled him back down to me, this time for a slow-burn kiss, the kind designed to set your hair on fire and take all the oxygen out of your lungs. I didn’t want to talk. Didn’t want to think. Didn’t want to hear any high school crap. We were on the deck of one of the most famous ships in the world. He was a guy in a tuxedo. I was a girl in a glamorous gown. We’d danced the night away. It was our movie moment.

had gone to work in Worcester’s famous Washburn & Moen barbed wire factory: Swedes were preferred by employers there because, unlike the Irish, they did not tend to get either fighting drunk or unionized.

2,000–3,000 PEOPLE, NOT GENERAL FAME This is one of the messages Eric burned into my brain last year, and it’s guided many decisions since. We were sitting in a large soaking tub talking about the world (as mathematicians and human guinea pigs do in San Francisco), and he said: “General fame is overrated. You want to be famous to 2,000 to 3,000 people you handpick.” I’m paraphrasing, but the gist is that you don’t need or want mainstream fame. It brings more liabilities than benefits. However, if you’re known and respected by 2–3K high-caliber people (e.g., the live TED audience), you can do anything and everything you want in life. It provides maximal upside and minimal downside. GOOD QUESTION TO ASK YOURSELF WHEN TACKLING INCUMBENT COMPANIES (OR IDEAS) “How is their bread buttered?” “What is it that they can’t afford to say or think?” “CONSENSUS” SHOULD SET OFF YOUR SPIDEY SENSE “Somehow, people have to learn that consensus is a huge problem. There’s no ‘arithmetic consensus’ because it doesn’t require a consensus. But there is a Washington consensus. There is a climate consensus. In general, consensus is how we bully people into pretending that there’s nothing to see. ‘Move along, everyone.’ I think that, in part, you should learn that people don’t naturally come to high levels of agreement unless something is either absolutely clear, in which case consensus isn’t present, or there’s an implied threat of violence to livelihood or self.” TF: I start nearly every public presentation I give with a slide that contains one quote: “Whenever you find yourself on the side of the majority, it’s time to pause and reflect.” —Mark Twain. This isn’t just for my audience. It’s also a reminder for me.

From The Titanic Test: 'I pulled him back down to me, this time for a slow-burn kiss, the kind designed to set your hair on fire and take all the oxygen out of your lungs. I didn’t want to talk. Didn’t want to think. Didn’t want to hear any high school crap. We were on the deck of one of the most famous ships in the world. He was a guy in a tuxedo. I was a girl in a glamorous gown. We’d danced the night away. It was our movie moment.

In fact, the “women and children first” protocol for abandoning ship was not a particularly ancient one. It began with the HMS Birkenhead, a British troopship that was wrecked off Cape Town, South Africa, on February 26, 1852. The soldiers famously stood in formation on deck while the women and children boarded the boats, and only 193 of the 643 people on board survived. Hymned as the “Birkenhead drill” in a poem by Rudyard Kipling, it became a familiar touchstone of Britain’s imperial greatness and AS BRAVE AS THE BIRKENHEAD was a much-used heading in UK Titanic press coverage. A story that Captain Smith had exhorted his men to “Be British!” further burnished the oft-cited claim that Anglo-Saxon men had not forgotten how to die.

With a historian’s eye, Archibald Gracie attempted to separate truth from fantasy as he listened to the survivors’ stories, a potential book beginning to form in his mind. Second Officer Lightoller and Third Officer Pitman regularly stopped by the small cabin Gracie shared with Hugh Woolner to discuss various aspects of the disaster. All agreed that the explosions heard during the sinking could not have been the ship’s boilers blowing up. From the discovery of the severed wreck in 1985 we now know that the “explosions” were actually the sound of the ship being wrenched apart. But Gracie and Lightoller firmly believed that the ship had sunk intact—a view that would become the prevailing opinion for the next seventy-three years. Gracie thought that Norris Williams and Jack Thayer, “the two young men cited as authority … of the break-in-two theory,” had confused the falling funnel for the ship breaking apart. But both Williams and Thayer knew exactly what they had seen, as did some other eyewitnesses. On the Carpathia, Jack Thayer described the stages of the ship’s sinking and breaking apart to Lewis Skidmore, a Brooklyn art teacher, who drew sketches that were later featured in many newspapers. The inaccuracies in Skidmore’s drawings, however, only bolstered the belief that the ship had, in fact, sunk intact. And what of the most famous Titanic legend of all—that the band played “Nearer My God to Thee” as the ship neared its end? It’s often claimed that this was a myth that took hold among survivors on the Carpathia and captivated the public in the aftermath of the disaster. None of the musicians survived to confirm or deny the story, but Harold Bride noted that the last tune he heard being played as he left the wireless cabin was “Autumn.” For a time this was believed to be a hymn tune by that name, but Walter Lord proposed in The Night Lives On that Bride must have been referring to “Songe d’Automne,” a popular waltz by Archibald Joyce that is listed in White Star music booklets of the period. Historian George Behe, however, has carefully studied the survivor accounts regarding the music that was heard during the sinking and has found credible evidence that “Nearer My God to Thee” and perhaps other hymns were played toward the end. Behe also recounts that the orchestra’s leader, Wallace Hartley, was once asked by a friend what he would do if he ever found himself on a sinking ship. Hartley replied, “I don’t think I could do better than play ‘O God, Our Help in Ages Past’ or ‘Nearer My God to Thee.’ ” The legendary hymn may not have been the very last tune played on the Titanic but it seems possible that it was heard on the sloping deck that night.

At breakfast on Friday morning a crowd of curious hotel guests gathered around Arthur Peuchen in the Waldorf-Astoria’s dining room and made him recount his story once again. In the hotel’s largest ballroom, meanwhile, seven U.S. senators were preparing to question J. Bruce Ismay, the first witness to appear before the U.S. Senate investigation. As he began his testimony that morning, Ismay still seemed shaken by the disaster, and his voice was almost a whisper as he expressed his “sincere grief at this deplorable catastrophe” and offered his full cooperation to the inquiry. Yet his answers were guarded and often prefaced with “I presume” or “I believe” and concluded by “More than that I cannot say”—giving his testimony an air of evasiveness. His claims that he was simply a passenger like any other and that the Titanic was not pushed to its maximum speed were greeted with skepticism by the senators and with open hostility by the press. The Hearst newspapers famously dubbed him J. “Brute” Ismay and ran his photograph framed by those of Titanic widows. Edith Rosenbaum was among the few survivors who thought that the White Star chairman was being made a scapegoat and made a point of telling reporters that it was Ismay who had put her into a lifeboat.

What if it is somehow our misunderstood, unacknowledged, looping relationship to our future that makes us ill—or at least, that contributes to our suffering—and not our failure to connect appropriately to our past? Could some neuroses be time loops misrecognized and denied, the way we haunt ourselves from our futures and struggle to reframe it as being about our past history? The next two chapters will examine this question through the lives of two famously precognitive and neurotic writers. Both show strikingly how creativity may travel together with trauma and suffering along the resonating string that connects us to the Not Yet. 12 Fate, Free Will, and Futility — Morgan Robertson’s Tiresias Complex Who can tell us of the power which events possess … Are their workings in the past or in the future; and are the more powerful of them those that are no longer, or those that are not yet? Is it to-day or to-morrow that moulds us? Do we not all spend the greater part of our lives under the shadow of an event that has not yet come to pass? — Maurice Maeterlinck, “The Pre-Destined” (1914) The monkey wrench precognition appears to throw into the problem of free will is an important part of the force field inhibiting serious consideration of it by many people in our culture. It may have been a fear of the inevitability of things prophesied that made the whole subject so anathema to Freud, for example. In a society that places priority on success and the individual’s responsibility for its attainment, it is both taken for granted and a point of fierce conviction that we choose and that our choices are not completely made for us by the inexorable clockwork of matter—the Newtonian inertia that brought the Titanic and the Iceberg, mere inert objects, together. Scientists may pay lip service to determinism—Freud himself did—but the inevitability of material processes due to causes “pushing” from the past somehow feels less restrictive than a block universe in which our fate is already set. The radical predestination implied by time loops may rob “great men” of their ability to claim credit for their successes.

In an unpublished memoir, Helen also pictures “the Two,” as she calls herself and Woolner, standing together at the prow of the ship. “As her bow cut into the waves, throwing tons of water to right and left in playful intent,” she wrote, “her indifference to mankind was significant. How grand she was, how superb, how titanic.” This depiction prefigures the famous pose of the lovers in James Cameron’s cinematic epic, but since the ship’s forecastle deck was off-limits to passengers, it may be also be a fanciful one.

All told, the French made seven dives in Archimède during the first part of Project FAMOUS. When I returned home, I hunkered down for a final 10-month push to finish writing my dissertation, “The Nature of Triassic Continental Rift Structures in the Gulf of Maine.” My oral defense was another tense moment, with several faculty members tossing their toughest questions at me. But all the sacrifice paid off. I passed. I had my Ph.D. degree, and for the rest of my life, nobody could tell me that I couldn’t do it.

NEAR CALAMITIES NOTWITHSTANDING, Project FAMOUS was a huge success. The Americans made 17 dives in Alvin. The French made 27 dives in Archimède and Cyana. The whole project represented an important affirmation of the role submersibles could play in the deep ocean.

The year 1929 is famous as the Titanic of financial disasters. Yet this Titanic didn't sink. The Dow was up for the first nine months that year, fell 39 percent in October-November, then staged a rally and rose in December. If you held stocks from the beginning of 1929 to the end, you made money. The real Titanic year was 1931, when the Dow lost 53 percent - the bulk of which disappeared in a single month, Black September. Nobody talks about the Crash of '31, though it ranks first in the list of obnoxious periods for U.S. stockholders. Nobody talks about Black September. Everybody talks about the Crash of '29, which comes to mind whenever the bear word is spoken.

Everyone knows the story of the sinking of the Titanic, which claimed fifteen hundred lives. But almost no one ever mentions a word about the 1948 sinking of the Chinese ferryboat SS Kiangya, which claimed nearly four thousand lives. Or the 1987 sinking of the ferryboat MV Dona Paz, which killed 4,345 people. Or the capsizing of the MV Le Joola, which claimed 1,863 lives off the coast of Gambia in 2002. Perhaps the Titanic sticks out because of its story potential: the famous and wealthy passengers, the firsthand accounts from survivors, and, of course, the eventual blockbuster movie.

The sinking of the Wilhelm Gustloff is the deadliest disaster in maritime history, with losses dwarfing the death tolls of the famous ships Titanic and Lusitania. Yet remarkably, most people have never heard of it.

after Ben Franklin’s famous quote: “Early to bed and early to rise, makes a man healthy, wealthy,

Cus D’Amato, Mike Tyson’s legendary first trainer, famously said: “Everyone has a plan until they get punched in the face.

while the Germans claimed that the secondary explosion was evidence of weaponry being hidden in the ship, explorations of the wreck have more recently led historians to believe that the secondary explosion was actually caused by an exploding boiler, not the detonation of munitions.

Woodrow Wilson’s administration knew the Germans’ U-boat policy and was already warning Germany not to target civilian ships, and on May 1, the very day that passengers were boarding the Lusitania on its trip back across the Atlantic, the president told Americans that "no warning that an unlawful and inhumane act will be committed" could justify actually conducting the attack.

Indeed, the British government began warning divers who went to explore the wreck that there were dangerous contents down there: “Successive British governments have always maintained that there was no munitions on board the Lusitania (and that the Germans were therefore in the wrong to claim to the contrary as an excuse for sinking the ship) ... The facts are that there is a large amount of ammunition in the wreck, some of which is highly dangerous. The Treasury have decided that they must inform the salvage company of this fact in the interests of the safety of all concerned.

With the outbreak of World War I, the Lusitania was officially designated an Armed Merchant Cruiser, but at the same time, the ship continued to ply the waters as a civilian ocean liner, supposedly under the protection of the Cruiser Rules, a set of rules developed during the latter half of the 19th century to cover how civilian vessels would be treated during a time of war.  The rules allowed for navies to capture an enemy’s civilian ships, but if they did so, they had to provide safe passage for the non-military passengers on board. In the same vein, it forbade the targeting of civilian vessels by military ships.

From the moment the Lusitania was struck by a torpedo and two explosions ripped through its hull, Germany insisted that the ship was illegally smuggling weapons from America to Britain and thus carrying “contraband of war.

Ironically, the fact that the watertight compartments were closed ahead of time meant some crewmen would be trapped in them when the ship was torpedoed and thus had no chance to escape the sinking ship.

To a world that had barely recovered from the shocking loss of the Titanic a few years earlier, the loss of the Lusitania came as a terrible blow.  While the death tolls in each disaster were nearly equal, there were aspects of the Lusitania’s sinking that made it so much more offensive to the human psyche.

At that point their laughter gave way to a more somber and respectful celebration that what was once lost had been found, though those dead could never be brought back to life.

However, the most emotional objects for him were the shoes, for their tough leather had survived where nothing else had, not even the feet that had been wearing them when they settled on the bottom of the ocean.  He soon realized that every pair of shoes lying side by side represented a life snuffed out and a body long ago taken by the sea.

Ballard, however, remains optimistic about the sea’s effect on the ship but pessimistic about what man is doing to it.  And perhaps he has good reason for this because anxious to get what it could while it could, Premier Exhibitions, Inc., a part of  RMST, in 2007 bought the rights of all the personal belongings found on the ship.  In 2011, U.S. District Judge Rebecca Beach Smith ruled that the company had the right to the items, as long as they properly cared for and preserved them.  While this has allowed new Titanic museums and tourists attractions to spring up around the world, it also means that the ship will continue to be plundered.  In the end, it seems that whether nature wipes it out or men plunder it into oblivion, Titanic’s days remain just as numbered as they were on that fateful April day on which she was launched.

While strides had definitely been made since the sinking of the Titanic, which took 3 hours to sink after striking an iceberg, the additional lifeboat drills would prove to be insufficient preparation for a torpedoed ship that sank in less than 20 minutes.

With the possible exception of a few soldiers on leave, the ship’s passengers were all civilians, so it may be better to ask whether the Germans were justified in sinking a ship full of civilians simply to keep weapons from falling into their enemies’ hands.

He later explained that when the ship landed, it hit so hard that it sunk 60 feet down into the ocean’s floor.  As they maneuvered Argo up its side, they saw rows and rows of portholes, looking back at them, Ballard later said, like the eyes of the dead.

When Ballard left the Titanic in 1986, it was with a new understanding and appreciation for what the site really was, a mass grave.  As a result, he abandoned his original plans to salvage items from the wreck and instead focused his attention on preserving it intact, supporting the RMS Titanic Maritime Memorial Act passed by the United States Congress on October 21, 1986.

He used to mention that it was built by the famous Harland & Wolff, but since the shipbuilder was also responsible for the creation of the Titanic, he has stopped referencing its origin.

But though it was to be an economical crossing, one step up from steerage, in the Canadian Pacific offices off Trafalgar Square—more cathedral than bureau, all teak, marble, and hush, and with scale models of famous ocean liners from the old days illuminated in the windows—even this most modest of transactions was handled with dignity and circumstance.

Derek Walcott, the Nobel laureate poet, wrote in his famous epic work Omeros of his fisherman-hero Achilles walking finally and wearily up the shingled slope of an Atlantic beach. He has turned his back on the sea at last, but he knows that even without his seeing it, it is behind him all the while and simply, ponderously, magnificently, ominously, continuing to be the sea. The Ocean is, quite simply, “still going on.

Ben Franklin’s famous quote: “Early to bed and early to rise, makes a man healthy, wealthy, and wise.

It was left to Senator Isidor Rayner to conclude the hearings by saying: “As the ship was sinking, the strains of music were wafting over the deck. … It was a rallying cry for the living and the dying - to rally them not for life, but to rally them for their awaiting death. Almost face to face with their Creator, amid the chaos of this supreme and solemn moment, in inspiring notes the unison resounded through the ship. It told the victims of the wreck that there was another world beyond the seas, free from the agony of pain, and, though with somber tones, it cheered them on to their untimely fate. As the sea closed upon the heroic dead, let us feel that the heavens opened to the lives that were prepared to enter. “…If the melody that was rehearsed could only reverberate through this land ‘Nearer, My God, to Thee,’ and its echoes could be heard in these halls of legislation, and at every place where our rulers and representatives pass judgment and enact and administer laws, and at every home and fireside…and if we could be made to feel that there is a divine law of obedience and of adjustment…far above the laws that we formulate in this presence, then, from the gloom of these fearful hours we shall pass into the dawn of a higher service and of a better day, and then…the lives that went down upon this fated night did not go down in vain.

Siddhartha by Hermann Hesse is recommended by many guests in this book. There is one specific takeaway that Naval Ravikant (page 546) has reinforced with me several times on our long walks over coffee. The protagonist, Siddhartha, a monk who looks like a beggar, has come to the city and falls in love with a famous courtesan named Kamala. He attempts to court her, and she asks, “What do you have?” A well-known merchant similarly asks, “What can you give that you have learned?” His answer is the same in both cases, so I’ve included the latter story here. Siddhartha ultimately acquires all that he wants. Merchant: “. . . If you are without possessions, how can you give?” Siddhartha: “Everyone gives what he has. The soldier gives strength, the merchant goods, the teacher instruction, the farmer rice, the fisherman fish.” Merchant: “Very well, and what can you give? What have you learned that you can give?” Siddhartha: “I can think, I can wait, I can fast.” Merchant: “Is that all?” Siddhartha: “I think that is all.” Merchant: “And of what use are they? For example, fasting, what good is that?” Siddhartha: “It is of great value, sir. If a man has nothing to eat, fasting is the most intelligent thing he can do. If, for instance, Siddhartha had not learned to fast, he would have had to seek some kind of work today, either with you, or elsewhere, for hunger would have driven him. But, as it is, Siddhartha can wait calmly. He is not impatient, he is not in need, he can ward off hunger for a long time and laugh at it. ” I think of Siddhartha’s answers often and in the following terms: “I can think” → Having good rules for decision-making, and having good questions you can ask yourself and others. “I can wait” → Being able to plan long-term, play the long game, and not misallocate your resources. “I can fast” → Being able to withstand difficulties and disaster. Training yourself to be uncommonly resilient and have a high pain tolerance.

Only a stock that many traders were selling short could be cornered; a stock that was in the throes of a real bear raid was ideal. In the latter situation, the would-be cornerer would attempt to buy up the investment houses’ floating supply of the stock and enough of the privately held shares to freeze out the bears; if the attempt succeeded, when he called for the short sellers to make good the stock they had borrowed, they could buy it from no one but him. And they would have to buy it at any price he chose to ask, their only alternatives—at least theoretically—being to go into bankruptcy or to jail for failure to meet their obligations. In the old days of titanic financial death struggles, when Adam Smith’s ghost still smiled on Wall Street, corners were fairly common and were often extremely sanguinary, with hundreds of innocent bystanders, as well as the embattled principals, getting their financial heads lopped off. The most famous cornerer in history was that celebrated old pirate, Commodore Cornelius Vanderbilt, who engineered no less than three successful corners during the eighteen-sixties. Probably his classic job was in the stock of the Harlem Railway. By dint of secretly buying up all its available shares while simultaneously circulating a series of untruthful rumors of imminent bankruptcy to lure the short sellers in, he achieved an airtight trap. Finally, with the air of a man doing them a favor by saving them from jail, he offered the cornered shorts at $179 a share the stock he had bought up at a small fraction of that figure.

The question of whether the Lusitania was carrying guns or other armaments has been debated since the day the ship went down. The cargo manifest made clear that the ship was carrying rifle cartridges and empty shell casings, something the British not only admitted but conceded had been carried on the Lusitania throughout the war.

There were the usual exhortations to purity – think of the novel not as your opportunity to get rich or famous but to wrestle, in your own way, with the titans of the form – exhortations poets don’t have to make, given the economic marginality of the art, an economic marginality that soon all literature will share.