Pinterest City Girl Quotes & Sayings

There was more than one way to think about Mike Burry's purchase of a billion dollars in credit default swaps. The first was as a simple, even innocent, insurance contract. Burry made his semiannual premium payments and, in return, received protection against the default of a billion dollars' worth of bonds. He'd either be paid zero, if the triple-B-rated bonds he'd insured proved good, or a billion dollars, if those triple-B-rated bonds went bad. But of course Mike Burry didn't own any triple-B-rated subprime mortgage bonds, or anything like them. He had no property to "insure" it was as if he had bought fire insurance on some slum with a history of burning down. To him, as to Steve Eisman, a credit default swap wasn't insurance at all but an outright speculative bet against the market - and this was the second way to think about it. — Michael Lewis

I grip my charm tighter. All I can think about is Yaqui Delgado's eyes, about what kind of cloak she wears, what kind of dagger she'll run through me. — Meg Medina

I told you to wait," he snapped at Alec.
"Don't you ever do anything I tell you to?"
"Technically you didn't actually say anything,"
Clary said. "You just gestured."
"Gesturing counts," Jace said. "I gesture
very expressively. — Cassandra Clare

That pleasure which can be safely indulged in is the least inviting. — Ovid

You must keep your feet grounded so firmly on the earth that it's like you have four legs, instead of two ... But you must stop looking at the world through your head. You must look thorough your heart, instead — Elizabeth Gilbert

There is no morally coherent difference between fur and other animal clothing, such as leather, wool, etc., just as there is no morally coherent distinction between meat and milk or eggs. — Gary L. Francione