G C Lichtenberg: “It is as if our languages were confounded: when we want a thought, they bring us a word; when we ask for a word, they give us a dash; and when we expect a dash, there comes a piece of bawdy.”

H. P. Lovecraft: "What a man does for pay is of little significance. What he is, as a sensitive instrument responsive to the world's beauty, is everything!"

Martin Amis: “Gogol is funny, Tolstoy in his merciless clarity is funny, and Dostoyevsky, funnily enough, is very funny indeed; moreover, the final generation of Russian literature, before it was destroyed by Lenin and Stalin, remained emphatically comic — Bunin, Bely, Bulgakov, Zamyatin. The novel is comic because life is comic (until the inevitable tragedy of the fifth act);...”

Werner Herzog: “We are surrounded by worn-out, banal, useless and exhausted images, limping and dragging themselves behind the rest of our cultural evolution.”

John Gray: "Unlike Schopenhauer, who lamented the human lot, Leopardi believed that the best response to life is laughter. What fascinated Schopenhauer, along with many later writers, was Leopardi’s insistence that illusion is necessary to human happiness."

Justin E.H. Smith: “One should of course take seriously serious efforts to improve society. But when these efforts fail, in whole or in part, it is only humor that offers redemption. So far, human expectations have always been strained, and have always come, give or take a bit, to nothing. In this respect reality itself has the form of a joke, and humor the force of truth.”

विलास सारंग: "… . . 1000 नंतर ज्या प्रकारची संस्कृती रुढ झाली , त्यामध्ये साधारणत्व विश्वात्मकता हे गुण प्राय: लुप्त झाले...आपली संस्कृती अकाली विश्वात्मक साधारणतेला मुकली आहे."

Thursday, July 03, 2008

Phillips Rodny Associates (and many of us) are now in Bunge

John Kay said: “…what we need is a term for the opposite of a bubble….bubbles are puffed up, not puffed down. That is why we need a phrase to describe the anti-bubble..”, asked readers to try and annouced a prize for the best entry. (FT June 24, 2008)

I participated with an entry ‘elbbub’, produced as al-boob. I lost although Kay says I would have won if Keynes’ rules were applied.

John Kay now has announced the winner:

“…But under Keynes’ rules the runaway winner would have been elbbub – bubble reversed – and that did not quite do it for me. So I decided to seek fundamental value rather than be carried away by market momentum…But the most compelling image is surely the bungee. You are in free fall. You expect that fall will end and reverse before you hit the ground, but you do not know when. And bungee jumping offers the same kind of immature pleasure as blowing bubbles in the air…But bungee is the cord, not the process… And congratulations to Iain Martin for his winning entry – the bunge…” (FT July 1, 2008)



Artist: Arnie Levin The New Yorker 27 August 1990

My caption: "Well, I guess Phillips Rodny Associates are now in bunge."