Seeing the size of the challenge, no wonder many are prey to discouragement; or that apocalyptic prophets abound, announcing the failures of the fight against poverty, proclaiming the immediate fall of the democracies, forecasting the futility of peace-making efforts. I do not share this defeatism. I cannot accept to be realistic means to tolerate misery, violence and hate.
What is something everyone in your world agrees about that you think is wrong?
Question
What are bad recommendations you hear in your profession or area of expertise?
Craft & work
In my opinion, the key to dealing with the future lies in knowing where you are, even if you can't know precisely where you're going. Knowing where you are in a cycle and what that implies for the future is very different from predicting the timing, extent and shape of the next cyclical move.
Oaktree memo, Oaktree Capital Management (client memo), 20 November 2001 source ↗
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Óscar Arias Sánchez
President of Costa Rica, 1986–1990 and 2006–2010
David Hockney
Painter, draughtsman, printmaker and photographer
I thought I was a hedonist at the time, but when I look back I was always working. I am always working. I work every day. I never give parties; I never gave them.
Eleanor Roosevelt
First Lady of the United States 1933–1945; United States Delegate to the United Nations General Assembly 1945–1952; Chair of the UN Commission on Human Rights 1946–1951
Our trouble is that we do not demand enough of the people who represent us. We are responsible for their activities… we must spur them to more imagination and enterprise in making a push into the unknown; we must make clear that we intend to have responsible and courageous leadership.
Recorded
Tomorrow is Now, published posthumously, Eleanor Roosevelt Papers Project, The George Washington University, 1963
source ↗
Yehuda Amichai
Poet
Some people think that anti-Semitism didn’t really exist in Germany until 1933. I certainly don’t want to take anything away from Hitler’s guilt, but the anti-Semitism I grew up with predated Hitler. We were called names. We had stones thrown at us. And, yes, this created real sorrow. We defended ourselves as well as we could. Funny thing, the common name we were called was Isaac—the way Muslims are called Ali or Mohammed. They’d call out, Isaac, go back to Palestine, leave our home, go to your place. They threw stones at us and shouted, Go to Palestine. Then in Palestine we were told to leave Palestine—history juxtaposed can be very ironic.
Recorded
Lawrence Joseph, Cafés in Greenwich Village, New York, The Paris Review, Issue 122, Spring 1992, 1992
source ↗
More from Howard Marks
View profile →There are a few things I dismiss and a few I believe in thoroughly. The former include economic forecasts, which I think don't add value, and the list of the latter starts with cycles and the need to prepare for them.
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