The reason he wrote the phrase was not only because he was old, but because when he was governor of California he inaugurated a hotel with his statue. Hotel staff told Arnold, “at any moment you can come and we’ll have a room reserved for you.”

When Arnold stepped down as governor and went to the hotel, the administration refused to give him a room arguing that he should pay for it, since they were in great demand

He brought a sleeping bag and stood underneath the statue and explained what he wanted to convey: “When I was in an important position, they always complimented me, and when I lost this position, they forgot about me and did not keep their promise. Do not trust your position or the amount of money you have, nor your power, nor your intelligence, it will not last. ”

Trying to teach everyone that when you’re “Important” in people’s eyes , everyone is your “Friend” But once you don’t benefit their interests , you won’t matter anymore. According to Arnold, “Nothing lasts forever”…