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You invest in companies with great long-term prospects.
--
Part I, Raising Funds, H & Screw Conference, p. 21

 

Andy Kessler (author)

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Over the years, many companies have contributed to free software development. Some of these companies primarily developed non-free software, but the two activities were separate; thus, we could ignore their non-free products, and work with them on free software projects. Then we could honestly thank them afterward for their free software contributions, without talking about the rest of what they did.
We cannot do the same with these new companies, because they won't let us. These companies actively invite the public to lump all their activities together; they want us to regard their non-free software as favorably as we would regard a real contribution, although it is not one. They present themselves as "open source companies," hoping that we will get a warm fuzzy feeling about them, and that we will be fuzzy-minded in applying it.
This manipulative practice would be no less harmful if it were done using the term "free software." But companies do not seem to use the term "free software" that way; perhaps its association with idealism makes it seem unsuitable. The term "open source" opened the door for this.

 

Richard M. Stallman

 

It's very easy to get on this after the fact. The measure of the network and the measure of the man is—CNBC could act as [...] nobody's asking for them to be a regulatory agency. But whose side are they on? It feels like they have to reconcile: is their audience the Wall Street traders that are doing this for constant profit on a day-to-day, short-term—these guys at these companies were on a Sherman's March through their companies, financed by our 401Ks, and all the incentives of their companies were for short-term profit. And they burned the f**king house down with our money and they walked away rich as hell. And you guys knew that that was going on.

 

Jon Stewart

 

Greed is good. Taken from Ivan Boesky’s speech saying ‘Greed is right.’… Gekko says he wrecks it ‘because it is wreckable.’ There is an impulse in Gekko to take, to rape…. Kirk Kerkorian destroyed MGM and UA…. Buy both companies and destroy both. And that was the end of the movie business. UA and MGM were two great film companies. Suddenly they were one lousy company. Kerkorian did it for the money, like Gekko. He didn’t care about film. Never. He sold it off in pieces. He cannibalized it. Just like Gekko. These guys do what suits their short-term.

 

Oliver Stone

 

“Sounds kind of long-term to me. Just how far ahead do you think?”
“Very long-term—at least twenty, thirty years. And you can forget governments for this market, Bob; if they can’t tax it, they won’t understand it.”

 

Charles Stross

 

The resolution of our current account deficit and household debt burdens does not strike me as overly worrisome, but that is certainly not the case for our fiscal deficit, which, according to the Congressional Budget Office, will rise significantly as the baby boomers start to retire in 2008. Our fiscal prospects are, in my judgment, a significant obstacle to long-term stability because the budget deficit is not readily subject to correction by market forces that stabilize other imbalances.

 

Alan Greenspan