What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're managing billions, yet they're subject to this quiet daily tyranny of numbers.

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There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.

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I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons.

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I Am Only One Small Name In A Universe

I AM ONLY ONE SMALL NAME IN A UNIVERSE

I am only one small name in a universe,
Of billions of names-
I am only one small bodily being
Where there are billions of billions-
I am a beginning and an end,
As all living things-

A speck in vast spaces whose specks are uncountable-
No one or nothing need save me
No one or nothing need remember me
No one or nothing billions of years hence
Need smile because I was here.

I am so small I need never to have existed-
I am not even here now,
Whoever is writing this
Lost me a long time ago.

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Billions and Billions

BILLIONS AND BILLIONS

Billions and billions
Of stars in the sky-
Billions and billions
Of people who die.

Billions and billions
We wonder why-
So much and so many
And all passing by.

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Masters Of The Universe

Masters of the universe
Can you help us now?
We've gone too far again you see
and made a mess somehow.

We could not learn from past mistakes.
We closed our eyes again.
And gave our power to the ones
who speak no truth to men.

Masters of the universe
do you know our fate?
Can you let us hear your words
or will we have to wait?

We have acted just like sheep
being led around.
And now this mess that's here with us
must surely make you frown,

wondering when mankind will learn
how to get along?
Masters of the universe
can you correct what's wrong?

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I Have Been Writing For All My Life

I HAVE BEEN WRITING FOR ALL MY LIFE

I have been writing for all my life
And soon I will be done
And when I am done
What will be with it all?

You live and you try and you try and you try
And you live as long as you can
And you try, or so you tell yourself, as hard as you can
And what it all amounts to
No one knows.

It is a very very large universe
And I am one small one among the billions who have been here
And the more billions that may be here
And in all the sounds and all the furies
My little words may be quiet as a song that has only the melody of death.

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Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance.

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Since I'm a mother and a wife, I have to have passion or the frustration would win out. But I love managing people. The product is second to managing the people. And marketing to consumers is so challenging because it is evolving constantly.

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Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

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We Live In An Old Universe Of Pain And Sadness

WE LIVE IN AN OLD UNIVERSE OF PAIN AND SADNESS

We live in an old universe of pain and sadness
With billions of deaths behind it
And many billions more to come-
Murders in tons
Cruelties beyond conception-

We live in an old universe of pain and sadness
Of life and death
In which cruelty plays its crucial part-

How much less lonely and more beautiful would our lives be
Could we only dream that all beings were only kind
And all touching of others done with love and gentleness.

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Howard Nemerov

Magnitudes

Earth’s Wrath at our assaults is slow to come
But relentless when it does. It has to do
With catastrophic change, and with the limit
At which one order more of Magnitude
Will bring us to a qualitative change
And disasters drastically different
From those we daily have to know about.

As with the speed of light, where speed itself
Becomes a limit and an absolute;
As with the splitting of the atom
And a little later of the nucleus;
As with the millions rising into billions—
The piker’s kind in terms of money, yes,
But a million in terms of time and space
As the universe grew vast while the earth
Our habitat diminished to the size
Of a billiard ball, both relative
To the cosmos and to the numbers of ourselves,
The doubling numbers, the earth could accommodate.

We stand now in the place and limit of time
Where hardest knowledge is turning into dream,
And nightmares still contained in sleeping dark
Seem on the point of bringing into day
The sweating panic that starts the sleeper up.
One or another nightmare may come true,
And what to do then? What in the world to do?

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Reese Witherspoon

Many people worry so much about managing their careers, but rarely spend half that much energy managing their LIVES. I want to make my life, not just my job, the best it can be. The rest will work itself out.

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In this business, my business, I get to meet all kinds of incredible people, fascinating people, glamorous people and sexy people and highly intellectual people. And you meet them and you go 'interesting, interesting, interesting'. They're interesting, but not very many people stop you in your tracks.

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If you look to lead, invest at least 40% of your time managing yourself - your ethics, character, principles, purpose, motivation, and conduct. Invest at least 30% managing those with authority over you, and 15% managing your peers.

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As a whole, the managers today are different in temperament. Most have very good communication skills and are more understanding of the umpire's job. That doesn't mean they are better managers. It just means that I perceive today's managers a bit differently.

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Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs.

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There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.

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The corporate killer downsizing is directly responsive to what the mutual funds have wanted.

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And I think the more money you put in people's hands, the more they will spend And if they don't spend it, they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans, and we need to do that.

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It Is We Who Are Now

IT IS WE WHO ARE NOW

It is we who are we now
Us in this world as we are now
Which truly matters.

The rest
The billions of years of what will be
Or what was.
All the rest
The billions and billions of people
And minds and nights and galaxies also
All that otherness we will never know
It doesn’t matter.

We as we are in our own lifetimes
With those we love
This is what matters
Only this
Our life our loves
The time we have
Before we won’t have any.

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