Derivatives Quotes

“Derivatives - The risk never leaves the system - It finds taker who believes the risk is acceptable....until they lose everything.”

“Derivatives are financial weapons of mass destruction.”

“Fate’ and ‘coincidence’ are the mythological derivatives authored by those who refuse to see a ‘greater purpose’, because such a conclusion would naturally suggest a ‘Greater Being’.”

“He wished someone in the course of history had thought of striking that word and all its derivatives from the English Language - happy, happier, happiest, happiness. What the devil did the words really mean anyway? Why not just the word pleasure, which was far more... well, pleasant.”

“I guess there was a little bit of a slight rebellion, maybe a little bit of a renegade desire that made me realize at some point in my adolescence that I really liked pictures that told stories of things - genre paintings, historical paintings - the sort of derivatives we get in contemporary society.”

“Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.”

“Considering the fact that the Harappan script may have been proto-Brahmi, the underlying language to be expected should be Sanskrit, or proto-Sanskrit, or derivatives of Sanskrit. Many of the rules of evolution that apply to scripts are equivalently true for languages too. Like scripts, languages too render themselves to similar evolutionary inspections, as they too carry imprints of their journey down the ages.”

“Furious, the beast writhed and wriggled its iterated integrals beneath the King’s polynomial blows, collapsed into an infinite series of indeterminate terms, then got back up by raising itself to the nth power, but the King so belabored it with differentials and partial derivatives that its Fourier coefficients all canceled out (see Riemann’s Lemma), and in the ensuing confusion the constructors completely lost sight of both King and beast. So they took a break, stretched their legs, had a swig from the Leyden jug to bolster their strength, then went back to work and tried it again from the beginning, this time unleashing their entire arsenal of tensor matrices and grand canonical ensembles, attacking the problem with such fervor that the very paper began to smoke. The King rushed forward with all his cruel coordinates and mean values, stumbled into a dark forest of roots and logarithms, had to backtrack, then encountered the beast on a field of irrational numbers (F1) and smote it so grievously that it fell two decimal places and lost an epsilon, but the beast slid around an asymptote and hid in an n-dimensional orthogonal phase space, underwent expansion and came out, fuming factorially, and fell upon the King and hurt him passing sore. But the King, nothing daunted, put on his Markov chain mail and all his impervious parameters, took his increment Δk to infinity and dealt the beast a truly Boolean blow, sent it reeling through an x-axis and several brackets—but the beast, prepared for this, lowered its horns and—wham!!—the pencils flew like mad through transcendental functions and double eigentransformations, and when at last the beast closed in and the King was down and out for the count, the constructors jumped up, danced a jig, laughed and sang as they tore all their papers to shreds, much to the amazement of the spies perched in the chandelier-—perched in vain, for they were uninitiated into the niceties of higher mathematics and consequently had no idea why Trurl and Klapaucius were now shouting, over and over, “Hurrah! Victory!!”

“Yesterday I got a credit card application from a major bank with a variable rate of 12.99% to 20.99%. Such a deal. And what if I fall on hard times and lose my job? So, I wrote them a return letter:Dear major bank, Thank you for the opportunity to express how I really feel about your corporation. What I do appreciate, is that there is no stamp required for your return envelope. After tearing off all my personal information, so some dumpster diver doesn’t fill out your application for me, and find out he picked the wrong target; I just wanted to make one comment: Your practice of usury is despicable, along with crashing the global economy.Danny - I think I have my grandmother’s charm and wit. Too bad she’s not here to share it with. Maybe if every disgruntled person would use that free envelope and apply their creative talent, they might get the picture that we’re tired of this bullshit. Marcie, there are so many people you could visit and test your information extraction program on, so what are you people doing here? Is this just a practice run? Well, you wanted to know what I was thinking. And you wonder why I look to God for solutions. Wake me up when it’s over.Marcie - You are a crazy SOB. You want me to use my system to play Robin Hood.Danny - You’d make an excellent Robin Hood, make sure you get your merry band to sign on. Maybe that’s the reason we were connected by design. How much materialism do you really need? Some people take what they need from the orchard and other people pick the orchard clean.Marcie - You’re wondering what I’m thinking. I don’t want to mess your mind up with what I’m thinking, so let me simply say, I don’t approve of what some of these people have been doing for decades. Who do you think I am?Danny - Someone who frustrates me, don’t we have enough guessing games in life?Marcie - Marcie is a miracle worker, so what does that tell you? You do not even know what to make of me, someone who keeps coming back for you, someone who won’t let go of you.Danny - Why is it that there’s only a handful of words for truth and over 100 synonyms and derivatives for deception?Marcie - Are you surprised?Danny - It puts it in a different light when you start reading through the list. You may as well add amygdala hijacking.Marcie - Has Danny been bamboozled?Danny - You picked one with an unknown origin.Marcie - That is the best way to start a mind game.Danny - Okay, just for kicks, try saying synonym - cinnamon 10 times as fast as you can.From - "The Mind Game Company - The Players”

“The truth is that banks are the last feudal kingdoms, their rulers omnipotent, divine warlords. Their key lieutenants are 'ronin' (wandering mercenary samurai) who roam financial markets ready to ally themselves to any warlord for a share of plunder. This is not the place to apply the latest management theory.”