"From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an ever-increasing level of complexity. At some point, this complexity reached a point where even the creators of the derivatives themselves didn't understand them."

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Source : Source: bigthink.com

John L. Casti

#Levels Quotes #Derivatives Quotes #Financial Quotes

“I always rejoice when I see a tribunal filled with a man of an upright and inflexible temper, who in the execution of his country's laws can overcome all private fear, resentment, solicitation, and even pity it self. Whatever passion enters into a sentence or decision, so far will there be in it a tincture of injustice. In short, justice discards party, friendship, kindred, and is therefore always represented as blind, that we may suppose her thoughts are wholly intent on the equity of a cause, without being diverted or prejudiced by objects foreign to it.”
“Winston Churchill was a man of blood and a politico without principle, whose apotheosis serves to corrupt every standard of honesty and morality in politics and history.”
“You do not need to belong to the cat for a long time to realize the main thing that cats like to do is to wrap theirselves up in mystery, perhaps only except for a hobby of jumbling up everything that is in order. And if the cat can, and usually so, make a great mystery of where it was when you were searching for it even if a moment ago it was sitting by your side, do not have any doubts: its ancestors had a great pleasure to surround its origin by mystery.”
“Leaders do what ought to be done whether their deeds are known by thousands or known by no one.”
“I want to collaborate with me 'cause I've done so many collaborations that after a certain point unless you're really working with a certain caliber of an artist, there's no point [to collaborate].”
“Language is the main instrument of man's refusal to accept the world as it is.”

Source : George Steiner (1987). “George Steiner: A Reader”, p.398, Oxford University Press on Demand
“Enjoy the pregnancy, not racing ahead and relishing the moment. I think people see pregnancy as something to get over with, but every stage of becoming a mother is really special.”
“I'm taking better care of myself by eating healthy, exercising and doing my best to keep my stress level down as well as role modeling good habits for my kids.”

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