But this is a herd-like mentality as they only back e-tailing and not life science ventures based on genomics et cetera.

The modern architecture that I have been weaned on also espouses (clear) function, (exposed) structure, and (raw) material as principles—characteristics that tend to be accessed only from realistic or substantive dimensions. Fictionality or imagination, the other dimension, is omitted entirely. However, Vitruvius emphasized venustas, in other words attraction or beauty as a necessity along with strength and function.

The strategy we've adopted precludes our following standard diversification dogma. Many pundits would therefore say the strategy must be riskier than that employed by more conventional investors. We disagree. We believe that a policy of portfolio concentration may well decrease risk if it raises, as it should, both the intensity with which an investor thinks about a business and the comfort-level he must feel with its economic characteristics before buying into it.

Technology itself does not decide what the future looks like.

I was not much taken by their poems, but I liked Leconte de Lisle’s translation of Homer, especially his Iliad, which brought me the classical world. I have often felt a great difference between myself and the next generation, those who were twenty in 1950, although it is only a few years, because I had read in my grandfather’s library books that were later less accessible. The next generation was reading Michaux, Prévert, Éluard—twentieth-century authors. I’m glad to have read the Greek classics, and French ones too—writers like Racine and Corneille.