Yet another hedge fund manager explained Icelandic banking to me this way: you have a dog, and I have a cat. We agree that each is worth a billion dollars. You sell me the dog for a billion, and I sell you the cat for a billion. Now we are no longer pet owners but Icelandic banks, with a billion dollars in new assets.
Michael Lewis (author)Related topics
assets banking billion cat dog hedge longer now sell way worth yetRelated quotes
So much American science fiction is parochial -- not as true now as it was years ago, but the assumption is one culture in the future, more or less like ours, and with the same ideals, the same notions of how to do things, just bigger and flashier technology. Well, you know darn well it doesn't work that way...
Poul Anderson
In old days there were angels who came and took men by the hand and led them away from the city of destruction. We see no white-winged angels now. But yet men are led away from threatening destruction a hand is put into theirs, which leads them forth gently towards a calm and bright land, so that they look no more backward and the hand may be a little child's.
George Eliot
Eventually, with regret, I left the religious life, and, once freed of the burden of failure and inadequacy, I felt my belief in God slip quietly away. He had never really impinged upon my life, though I had done my best to enable him to do so. Now that I no longer felt so guilty and anxious about him, he became too remote to be a reality.
Karen Armstrong
A man writes to throw off the poison which he has accumulated because of his false way of life. He is trying to recapture his innocence, yet all he succeeds in doing (by writing) is to inoculate the world with a virus of his disillusionment. No man would set a word down on paper if he had the courage to live out what he believed in.
Henry Miller
It's fascinating that people, there's so many people now who will make judgments based on what you look like. I'm black. So I'm supposed to think a certain way. I'm supposed to have certain opinions. I don't do that. You don't create a box and put people in and then make a lot of generalizations about them.
Clarence Thomas