Why not subscribe?

Saturday, June 15, 2013

50 good quotes

Here are 50 quotes Fool analyst Morgan Housel found interesting.  I’m not going to copy the list; that would be unfair to Mr. Housel.  But here’s a couple of good ones:

2. "People were so convinced that flying was impossible that most of those who saw [the Wright brothers] flying about Dayton in 1905 decided that what they had seen must be some trick without significance -- somewhat as most people today would regard a demonstration of, let us say, telepathy ... It was not until May, 1908 -- nearly four and a half years after the Wrights' first flight -- that experienced reporters were sent to observe what they were doing." -- Frederick Lewis Allan, The Big Change

25. "Full-time college students through the early 1960s spent roughly forty hours per week on academic pursuits (i.e., combined studying and class time); at which point a steady decline ensued through the following decades. Today, full-time college students on average report spending only twenty-seven hours per week on academic activities -- that is, less time than a typical high school student spends at school." -- Richard Arum, Academically Adrift

32. "The instinctual shortcut that we take when we have 'too much information' is to engage with it selectively, picking out the parts we like and ignoring the remainder, making allies with those who have made the same choices and enemies of the rest." -- Nate Silver -- The Signal and the Noise

34. "According to the medieval science historian Guy Beaujouan, before the thirteenth century no more than five persons in the whole of Europe knew how to perform a division." -- Nassim Taleb, Antifragile