BusinessQuotes

David Halberstam

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  • I am not sure why I grew up loving to fish so much, why the pursuit of it has given me so much purpose and pleasure, but clearly it is part of who I am. There is no pure rational answer to the question of why any fisherman will travel thousands of miles to some distant place, spending a great deal of money on the trip to catch a few fish, and, of course, immediately release them back into the waters from which they have just come.

  • — David Halberstam
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Quotes

When Edwin H. Armstrong, an electrical engineer, invented FM radio in the 30s, which had a clearer and stronger signal than AM, Sarnoff did all in his power to have it suppressed by getting the Federal Communications Commission to restrict bandwidth available to it. Armstrong sued and found the wrath of RCA coming down on him. RCA's lawyers tied him up in court for years. The battle cost Armstrong his health and every penny he owned. In 1954, despondent and broke, he committed suicide. Sarnoff did the same to the inventor of TV, Farnsworth, who died in 1971, drunk, depressed, and forgotten.

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