System That Exchanges Quotes & Sayings

The stock exchanges have converted from "open outcry" where wild traders face each other, yelling and screaming as in a souk, then go drink together. Traders were replaced by computers, for very small visible benefits and massively large risks. While errors made by traders are confined and distributed, those made by computerized systems go wild - in August 2010, a computer error made the entire market crash (the "flash crash"); in August 2012, as this manuscript was heading to the printer, the Knight Capital Group had its computer system go wild and cause $10 million dollars of losses a minute, losing $480 million. — Nassim Nicholas Taleb

When they first developed the organs of exploration, there was no there there. So they built timid, stupid machines and hurled them into the airless void to report back. Then they built idiot phone exchanges and put them in orbit to fill the void with chatter. Obsessed with biological replicators, they ignored the most interesting corners of the solar system and focused on dull, arid Mars. They periodically scurried up above the atmosphere and hunkered down in tunnels on Luna or ventured on expedition to domes on Mars, and they died in significant numbers before the end, simply because canned primates couldn't thrive in vacuum or survive solar flares. — Charles Stross

I'm going to be your best friend. — Aurora Rose Reynolds

In her desire, she confused the sensual pleasures of luxury with the joys of the heart, elegance of manner with delicacy of feeling. — Gustave Flaubert

Men have said that the cross of Christ was not a heroic thing, but I want to tell you that the cross of Jesus Christ has put more heroism in the souls of men than any other event in human history. — John G. Lake

It is dangerous for a spiritual master to accept almost any aspirant. Although it is an aspect of mercy, it is dangerous. The danger also depends on the spiritual potency of the particular guru. Without sufficient potency, a few offensive or faithless disciples can lead to the guru's fall. — Bhakti Tirtha Swami

If a man were living in isolation his income would be literally his product. Make him the monarch and owner of an island, and the fruits that he raises and the clothing that he makes constitute, in themselves, his income. This ceases to be true when trading begins. — John Bates Clark

We were on the same boat, just trying to figure it all out. — Blakney Francis

I'd thought of myself as a great big motion picture star from the time I was 6. — Loretta Young

An interest in Star Trek and an antisocial lifestyle may not, in fact, be unassailable correlates of talent in computer programming. — Cordelia Fine

Every dollar of tax imposed on our exchanges in the shape of duties impairs, to that extent, our capacity to meet the severe competition to which we are exposed; and nothing but a system of high protective duties, long continued, can prevent us from meeting it successfully. It is that which we have to fear. — John C. Calhoun

Our life is like a race and soon we are going to reach the ribbon ... You should race so well that your race flashbacks every Olympics — Zainab Asif

Nearly every species that has ever lived has gone extinct, Laurette. No reason to think we humans will be any different! — Anthony Doerr

Purity of heart is what enables us to see. — Pope Benedict XVI

I realized that the confidence, power, and wisdom to create changes in our life come from knowing what we really are, from knowing our changeless nature. — Ilchi Lee

When a fruit salad, a lover, or a jazz trio is just too imperfect for our tastes, we stop eating, kissing, and listening. But the law of large numbers suggests that when a measurement is too imperfect for our tastes, we should not stop measuring. Quite the opposite - we should measure again and again until niggling imperfections yield to the onslaught of data. — Daniel M. Gilbert

Faith is being sure of what we hope for and certain of what we do not see. HEBREWS 11:1 — Joel Osteen

four different operators in that unit, working on a shift system, each with his own characteristics," says Nigel West, a British military historian. "And invariably, quite apart from the text, there would be the preambles, and the illicit exchanges. How are you today? How's the girlfriend? What's the weather — Malcolm Gladwell

I do tend to move on anyway. This is a part of my life, but it doesn't rule my life. — Cate Blanchett

How can you allow the trading companies to locate computers closer to exchanges and flash millions of bids to give an unfair advantage? ... Even professionals are losing faith in some aspects of the system. — Mario Gabelli