Friday, June 28, 2024

Trust by Hernan Diaz, r. Jun. 2024

Location 106 Those who accused him of being excessively frugal failed to understand that, in truth, he had no appetites to repress.

Location 169 He became fascinated by the contortions of money—how it could be made to bend back upon itself to be force-fed its own body. The isolated, self-sufficient nature of speculation spoke to his character and was a source of wonder and an end in itself, regardless of what his earnings represented or afforded him. Luxury was a vulgar burden. The access to new experiences was not something his sequestered spirit craved. Politics and the pursuit of power played no part in his unsocial mind. Games of strategy, like chess or bridge, had never interested him. If asked, Benjamin would probably have found it hard to explain what drew him to the world of finance. It was the complexity of it, yes, but also the fact that he viewed capital as an antiseptically living thing. It moves, eats, grows, breeds, falls ill, and may die. But it is clean. This became clearer to him in time. The larger the operation, the further removed he was from its concrete details. There was no need for him to touch a single banknote or engage with the things and people his transaction affected. All he had to do was think, speak, and, perhaps, write. And the living creature would be set in motion, drawing beautiful patterns on its way into realms of increasing abstraction, sometimes following appetites of its own that Benjamin never could have anticipated—and this gave him some additional pleasure, the creature trying to exercise its free will. He admired and understood it, even when it disappointed him.

Location 814 Most of us prefer to believe we are the active subjects of our victories but only the passive objects of our defeats. We triumph, but it is not really we who fail—we are ruined by forces beyond our control.

Location 1092 The breeze dissolved in stiller air; the treetops, so green they were black against the blue, stopped swaying. And for a moment, there was no struggle and all was at rest, because time seemed to have arrived at its destination.

Location 1106 Helen seemed calmer in German. Although she spoke it with remarkable ease, she also had vast lacunae, as is usually the case with those who have somewhat haphazardly taught themselves a language. Because she often had to pause and find circumlocutions to bypass grammatical voids and lexical gaps, she gave the impression of having slowed down,

Location 1465 I know the days ahead of me are fewer than those I have left behind. There is no escaping this most basic fact of accounting. A certain amount of time is allotted to each of us. How much, only God knows. We cannot invest it. We cannot hope for a return of any kind. All we can do is spend it, second by second, decade by decade, until it runs out. Still, even if our days on this Earth are limited, we can always, through toil and industry, hope to extend our influence into the future. And so it is that, having lived my life with an eye set on posterity in the hopes of improving the lives of later generations, I enter these remaining years of mine not with nostalgia for all that is gone but with a sense of excitement for what is yet to come.

Location 1639 Every financier ought to be a polymath, because finance is the thread that runs through every aspect of life. It is indeed the knot where all the disparate strands of human existence come together. Business is the common denominator of all activities and enterprises. This, in turn, means there is no affair that does not pertain to the businessman. To him everything is relevant. He is the true Renaissance man. And this is why I gave myself to the pursuit of knowledge in every conceivable realm, from history and geography to chemistry and meteorology.

Location 1844 Every life is organized around a small number of events that either propel us or bring us to a grinding halt. We spend the years between these episodes benefiting or suffering from their consequences until the arrival of the next forceful moment. A man’s worth is established by the number of these defining circumstances he is able to create for himself. He need not always be successful, for there can be great honor in defeat. But he ought to be the main actor in the decisive scenes in his existence, whether they be epic or tragic.

Location 2010 Every single one of our acts is ruled by the laws of economy. When we first wake up in the morning we trade rest for profit. When we go to bed at night we give up potentially profitable hours to renew our strength. And throughout our day we engage in countless transactions. Each time we find a way to minimize our effort and increase our gain we are making a business deal, even if it is with ourselves. These negotiations are so ingrained in our routine that they are barely noticeable. But the truth is our existence revolves around profit.

Location 2294 Once he went on one of his tirades, he could never be contradicted. He was untroubled by the possibility of error; he never considered different perspectives; he seldom thought there could be another side to any issue. The normal disagreements and differences that make up any lively exchange of ideas were, to him, personal affronts. His were not arguments up for debate; they were facts.

Location 3693 That evening, however, in Bevel’s car I experienced, for the first time, the cool rush of luxury. I did not just witness it; I felt it. And loved it. I had never been in a car by myself, at night. New York flowed and ebbed in perfect silence outside the thick windows. If I leaned back, the city disappeared behind the tasseled velvet curtains. Pedestrians, curious about the limousine’s passenger, peered in at every traffic light. This accentuated the oddity of the situation. I was out in the street while being, at the same time, in a secluded space. More than the mahogany panels, the cut-glass decanters, the embroidered upholstery and the capped, white-gloved driver on the other side of the partition, it was this strange paradox of being in private in public that felt so opulent—a feeling that was one with the illusion of suddenly having become untouchable and invulnerable, with the fantasy of being in total control of myself, of others and of the city as a whole.

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