"Thus a long term corporate bond could actually be sold to three separate persons. One would supply the money for the bond; one would bear the interest rate risk, and one would bear the risk of default. The last two would not have to put up any capital for the bond, though they might have to post some sort of collateral."

-- Fischer Black

#Two Quotes #Long Quotes #Risk Quotes

“People with disabilities are the largest minority in the world, and we are the most underrepresented in entertainment.”

Source : TED Talks, www.cbsnews.com. April 19, 2015.
“I just start playing music and eventually I sing something, a line of a verse or a B section or a line of a chorus, and the line that I end up singing is related to the music I'm playing, if that makes any sense. And I go from there.”
“Why did God give me two ears and one mouth? So that I will hear more and talk less.”
“What mark will I leave behind? How will anyone know I have been here? What sign will tell the future traveler I existed? 'I am here! Today... I exist'. I believe the deepest impression is made in those moments when I can say 'I care, I love'.”
“I simply would like to live comfortably day by day, fish, swim, enjoy my declining years.”

Source : "John McAfee uses live broadcast to reaffirm desire to return to US" by Amanda Holpuch, www.theguardian.com. December 10, 2012.
“My philosophy is: If you can't have fun, there's no sense in doing it.”

Source : FaceBook post by Paul Walker from Jun 19, 2015
“I realized that there are no certainties in life. You can't manipulate fate.”

Source : Bethenny Frankel (2012). “Skinnydipping: A Novel”, p.341, Simon and Schuster
“Tod Goldberg has long been one of the most interesting writers around, and Gangsterland is his biggest and best book so far.”

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