Financial derivatives Quotes

“Wisdom is not wisdom when it is derived from books alone.”

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

“If you consume animal derived foods or use other animal derived products you are by no stretch of the imagination an "environmentalist." You are a rank hypocrite.”

“Seeing what someone's reading is like seeing the first derivative of their thinking.”

“Deriving truth from joy may be far more easier than generating joy from the truth.”

“Experience, derived from scientific investigation, led to all the scientific literature in history. Likewise, experience, derived from religious transcendence, led to all the religious scriptures in history. It's never the other way around.”

“Consensus wisdom has it that all modern commercial fantasy novels fall into two camps: those derived from J.R.R. Tolkien and those derived from Mervyn Peake. The 'Lord of the Rings' template or the 'Gormenghast' mold.”

“Most actions derive not from your own initiative but from your family circumstances, your education, your calling, and so on. You must therefore give up a little time to performing actions which derive from yourself alone. They need not be important; quite insignificant actions fulfill the same purpose.”

“Since the 1970S, financial innova­tions such as the securitisation of mortgage debt and the spreading of investment risks through the creation of derivative markets, all tacitly (and now, as we see, actually) backed by state power, have permitted a huge flow of excess liquidity into all facets of urbanisa­tion and built environment construction worldwide.”

“The ultimate failure of the United States will probably not derive from the problems we see or the conflicts we wage. It will more likely derive from our uncompromising belief in the things we consider unimpeachable and idealized and beautiful. Because every strength is a weakness, if given enough time.”