In an ideal world, one populated by vegetarians and Esperanto speakers, derivatives would be used for one thing only: reducing levels of risk. The list of individual traders who have lost more than a billion dollars at a time betting on derivatives is not short.

The person doing the worrying experiences it as a form of love; the person being worried about experiences it as a form of control.

Any flights would be taken business class, since Roger thought that the whole point of having money, if it had to be summed up in a single point, which it couldn't, but if you had to, the whole point of having a bit of money was not to have to fly scum class.

The seven Ps: Proper Planning and Preparation Prevent Piss-Poor Performance

We wouldn't care so much what people thought of us if we knew how seldom they did.

But knowing that you had gone wrong, and knowing how you had gone wrong, were not the same thing as knowing how to put it right.

In an ideal world, one populated by vegetarians and Esperanto speakers, derivatives would be used for one thing only: reducing levels of risk. The list of individual traders who have lost more than a billion dollars at a time betting on derivatives is not short.