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Buffett's uncommon urge to chronicle made him a unique character in American life, not only a great capitalist but the Great Explainer of American capitalism. He taught a generation how to think about business, and he showed that securities were not just tokens like the Monopoly flatiron, and that investing need not be a game of chance. It was also a logical, commonsensical enterprise, like the tangible businesses beneath. He stripped Wall Street of its mystery and rejoined it to Main Street -- a mythical or disappearing place, perhaps, but one that is comprehensible to the ordinary American. ↗
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For years, walking round London, I had been aware of the actual land, lying concealed but not entirely changed or destroyed, beneath the surface of the nineteenth- and twentieth-century city. It has been said that 'God made the country and man made the town', but that is not true: the town is simply disguised countryside. Main roads, some older than history itself, still bend to avoid long-dried marshes, or veer off at an angle where the wall of a manor house once stood. Hills and valleys still remain; rivers, even though entombed in sewer pipes, still cause trouble in the foundations of neighbouring buildings and become a local focus for winter mists. Garden walls follow the line of hedgerows; the very street-patterns have been determined by the holdings of individual farmers and landlords, parcels of land some of which can be traced back to the Norman Conquest. The situation of specific buildings - pubs, churches, institutions - often dates from long distant decisions and actions on the part of men whose names have vanished from any record. ↗
Thus did a handful of rapacious citizens come to control all that was worth controlling in America. Thus was the savage and stupid and entirely inappropriate and unnecessary and humorless American class system created. Honest, industrious, peaceful citizens were classed as bloodsuckers, if they asked to be paid a living wage. And they saw that praise was reserved henceforth for those who devised means of getting paid enormously for committing crimes against which no laws had been passed. Thus the American dream turned belly up, turned green, bobbed to the scummy surface of cupidity unlimited, filled with gas, went bang in the noonday sun. ↗
Everyone needs to escape sometimes, and retreating into somebody else's fantasy isn't nearly as satisfying as slipping into your own. ↗
Deanna Durbin's movies are about innocence and sweetness. They're from a different time and a different place. Outside the movie house, there was Depression, poverty, war, death, and loss. Audiences then were willing to pretend, to enter into a game of escape. No one really thought that the world was like a Deanna Durbin movie, they just wanted to pretend it was for about an hour and a half. ↗
The use of drugs is not an effective means of facilitating real escape. It merely gives that erroneous and illusive impression. Well, illusive with an I and elusive with an E. At best, narcotics do no more than promote bonhomie and give you a temporary taste of what freedom might be like; and drugs take you into another sub-level of, or sub-culture in, the same old game. The same old game, but with additional consequences. And at worst, well ... suffice it to say that you really, really do not want to go there. ↗
