"The reason is they failed to learned the primary lesson we should have learned from when Long Term Capital Management went belly up ten years ago. That is, investments that seem uncorrelated can be correlated simply because we're interested in it."

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Source : "Big Think Interview With Richard Thaler". bigthink.com. June 19, 2009.

Richard Thaler

#Should Have Quotes #Years Quotes #Long Quotes

“You canâ€™t bake a cake without getting the kitchen messy. Halfway through surgery it looks like thereâ€™s been a murder in the operating room. If you send a rocket to the moon, about ninety percent of the time itâ€™s off courseâ€”it â€˜failsâ€™ its way to the moon by continually making mistakes and correcting them.”
“I don't like to read novels where the novelist tells me what to think about the situation and the characters. I prefer to discover for myself.”
“It was just a typical London flat, but it was in a great neighborhood. It was across from the Playboy Club, diagonally. From one balcony you could read the time from Big Ben, and from the other balcony you could watch the bunnies go up and down.”

Source : Biography/Personal Quotes, www.imdb.com.
“Soul mates are brought together for a reason. All their lives they have been preparing for each other. When they look back at their lives they will see a new purpose to actions they have taken. Their lives take on a sense of oneness equalled by no other. Oneness of purpose, ambition, and love which can be a beacon to others along their spiritual paths.”
“Never mind the cream; it will always rise to the top. It's the skim milk that needs good teachers.”

Source : Bel Kaufman (2012). “Up the Down Staircase”, p.203, Open Road Media
“Evidence is strongly suggesting Bipolar Disorder - previously known as Manic Depression - may be dramatically increasing in modern society.”
“I have a charity called the Chain Of Hope, where we target children from poor areas where heart surgery is not available, and we offer our services.”
“No moon, sun, diamond, hands â€” fingertip, dot, ray, gauze, sea. pine green, pink glass, eye, mine, eraser, mud, mother, I am coming.”

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