"The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking."

-- Robert F. Engle

#Risk Quotes #Reason Why Quotes #Debt Quotes

“My serve was there, everything was just clicking. Those are the days you dream about, especially in a final.”
“I wouldn't trade those 10 years for anything. The Navy taught me a lot of things. It molded me as a man, and I made a lot of wonderful friends.”
“That's what life is all about: remembering someone and smiling!”
“This is one of the consequences of the civil war. People stop trusting each other, and every stranger becomes an enemy.”

Source : Ishmael Beah (2007). “A Long Way Gone: Memoirs of a Boy Soldier”, p.37, Macmillan
“I tell you I look forward with terror to her [Germany] making war upon us again in ten years.”

Source : "The Life and Letters of Sir Austen Chamberlain: Vol. II" by Sir Charles Petrie, Cassell, (p. 263), 1940.
“There is a strength, a power even, in understanding brokenness, because embracing our brokenness creates a need and desire for mercy, and perhaps a corresponding need to show mercy. When you experience mercy, you learn things that are hard to learn otherwise. You see things you can't otherwise see; you hear things you can't otherwise hear. You begin to recognize the humanity that resides in each of us.”

Source : Bryan Stevenson (2014). “Just Mercy: A Story of Justice and Redemption”, p.290, Spiegel & Grau
“Baptism is just as essential to salvation, as Faith and Repentance. Without being immersed in water no man can enter into the fullness of Celestial glory: for baptism is instituted for the remission of sins; and if a person does not take the necessary steps to obtain pardon of sins, of course, he cannot be saved in the kingdom of God.”
“In certain parts of the world - where I'm at right now in New York, you're going to pay a whole lot more. In Los Angeles, your average starter home is a million dollars. So I need more money in Los Angeles to live like a normal person. If I live in another city, Iowa maybe, I wouldn't need as much.”

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