Quotes About Integrals And Derivatives
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Derivative writers seem versatile because they imitate many others, past and present. Artistic originality has only itself to copy. ~ Vladimir Nabokov
Derivative trading with mark-to-market accounting degenerates into mark-to-model. Two firms make a big derivative trade and the accountants on both sides show a large profit from the same trade. ~ Charlie Munger
When Charlie and I finish reading the long footnotes detailing the derivatives activities of major banks, the only thing we understand is that we don't understand how much risk the institution is running. ~ Warren Buffett
Derivatives serve practically no purpose except to enrich bankers through opaque pricing and to deceive investors through off-the-balance-sheet accounting. ~ James Rickards
Even the crudest, most derivative novel is an expression of the author's hopes and fears and ideas about good and evil. ~ Steven Saylor
Our initial sensory data are always "first derivatives," statements about differences which exist among external objects or statements about changes which occur either in them or in our relationship to them. Objects and circumstances which remain absolutely constant relative to the observer, unchanged either by his own movement or by external events, are in general difficult and perhaps always impossible to perceive. What we perceive easily is difference and change and difference is a relationship. ~ Gregory Bateson
I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis. ~ Robert F. Engle
What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn't be taking it to those who are willing to and are capable of doing so. ~ Alan Greenspan
There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk. ~ John Hull
In just the last issue of Science Today there had been an article on some new psychotropic agents of the group of so-called benignimizers (the N,N-dimethylpeptocryptomides), which induced states of undirected joy and beatitude. Yes, yes! I could practically see that article now. Hedonidil, Euphoril, Inebrium, Felicitine, Empathan, Ecstasine, Halcyonal and a whole spate of derivatives. Though by replacing an amino group with a hydroxyl, you obtained instead Furiol, Antagonil, Rabiditine, Sadistizine, Dementium, Flagellan, Juggernol and many other polyparanoidal stimulants of the group of so-called phrensobarbs (for these prompted the most vicious behavior, the lashing out at objects animate as well as inanimate - and especially powerful here were the cannibal-cannabinols and manicomimetics). ~ Stanislaw Lem
The Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts unstable money. This encourages momentum trading and the growth of derivatives. Meanwhile, layers of financial regulation make Washington bigger and more powerful but don't fix the underlying problems. ~ David Malpass
He wished someone in the course of history had thought of striking that word and all its derivatives from the English Language - happy, happier, happiest, happiness. What the devil did the words really mean anyway? Why not just the word pleasure, which was far more ... well, pleasant. ~ Mary Balogh
Derivatives in and of themselves are not evil. There's nothing evil about how they're traded, how they're accounted for, and how they're financed, like any other financial instrument, if done properly. ~ James Chanos
The harder a government, such as a dictatorship, tries to maintain monetary policy autonomy, the more it must either limit the movement of capital into and outside of the country, or the more it must compromise exchange-rate stability. ~ Janet M. Tavakoli
The stupid and dishonest accountants allowed the genie of totally inappropriate accounting to descend on derivatives books. And once this has happened - people get status, etc. - it's impossible to get it back into the bottle. ~ Charlie Munger
To follow Jesus implies that we enter into a way of life that is given character and shape and direction by the one who calls us. To follow Jesus means picking up rhythms and ways of doing things that are often unsaid but always derivative from Jesus, formed by the influence of Jesus. To follow Jesus means that we can't separate what Jesus is saying from what Jesus is doing and the way that he is doing it. To follow Jesus is as much, or maybe even more, about feet as it is about ears and eyes (The Way of Jesus, Eugene H. Peterson, 22). ~ Eugene H. Peterson
I turn away with fright and horror from the lamentable evil of functions which do not have derivatives. ~ Charles Hermite
Inappropriate macro economic policies in some economies, characterised by [a] low savings rate and high consumption [and] failure of financial supervision and regulation to keep up with innovation which allowed financial derivatives to spread. ~ Wen Jiabao
Comics deal with two fundamental communicating devices: words and images. Admittedly this is an arbitrary separation. But, since in the modern world of communication they are treated as independent disciplines, it seems valid. Actually, the are derivatives of a single origin and in the skillful employment of words and images lies the expressive potential of the medium. ~ Will Eisner
A.I.G. was even larger than Lehman, with a substantial presence in derivatives and debt markets, as well as in insurance markets. ~ Ben Bernanke
It is incontestable and deplorable that Negroes have committed crimes; but they are derivative crimes. They are born of the greater crimes of the white society. ~ Martin Luther King, Jr.
Toxic derivatives were underpinned by toxic economics, which, in turn, were no more than motivated delusions in search of theoretical justification; fundamentalist tracts that acknowledged facts only when they could be accommodated to the demands of the lucrative faith. Despite their highly impressive labels and technical appearance, economic models were merely mathematized versions of the touching superstition that markets know best, both at times of tranquility and in periods of tumult. ~ Yanis Varoufakis
You know those high school teachers who so quintessentially and stereotypically embody their subject matter that it is as if they were cast by a director? Mr. Carter was like that. I did not know they still made glasses like his glasses. He told us his dog was named "Dooty," short for Dooty Dexy, which is a phoneticized version of the calculus formula for second derivatives. ~ Katie Heaney
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will be my fault. It will not be because of the misjudgments made by a risk committee or chief risk officer. ~ Warren Buffett
The best way to look at any business is from the standpoint of the clients. So there are these certain basic things that aren't going to change. Companies are going to have needs for equity, debt, advice, FX, and derivatives. Individuals are going to have needs for auto loans, mortgages, something that looks like a deposit account, and the ability to send money to people. Those things aren't going to change. ~ Jamie Dimon
With type as with philosophy, music and food, it is better to have a little of the best than to be swamped with the derivative, the careless, the routine. ~ Robert Bringhurst
The ultimate goal of a meteorologist is to set up differential equations of the movements of the air and to obtain, as their integral, the general atmospheric circulation, and as particular integrals the cyclones, anticyclones, tornados, and thunderstorms. ~ Andrija Maurovic
While we're talking about votes, Bernie Sanders is one who voted to deregulate swaps and derivatives in 2000, which contributed to the over-leveraging of Lehman Brothers, which was one of the culprits that brought down the economy. ~ Hillary Clinton
Derivatives trading should be standardized and as much as possible moved to clearinghouses. ~ Paul Singer
We are aware that the gods of patriarchy are pale derivatives and reversals of ancient yet always Present Goddess(es). We suspect that phallocentric writers and artists who have even a glimmer of insight are sometimes made uncomfortable by their own state of deception. Those who have any awareness of the heinous crime of reversal which is patriarchy must be in a state of deep conflict and fear of...Her. ~ Mary Daly
Cannabis sativa and its derivatives are strictly prohibited in Turkey, and the natural correlative of this proscription is that alcohol, far from being frowned upon as it is in other Moslem lands, is freely drunk; being a government monopoly it can be bought at any cigarette counter. This fact is no mere detail; it is of primary social importance, since the psychological effects of the two substances are diametrically opposed to each other. Alcohol blurs the personality by loosening inhibitions. The drinker feels, temporarily at least, a sense of participation. Kif abolishes no inhibitions; on the contrary it reinforces them, pushes the individual further back into the recesses of his own isolated personality, pledging him to contemplation and inaction. It is to be expected that there should be a close relationsip between the culture of a given society and the means used by its members to achieve release and euphoria. For Judaism and Christianity the means has always been alcohol; for Islam it has been hashish. The first is dynamic in its effects, the other static. If a nation wishes, however mistakenly, to Westernize itself, first let it give up hashish. The rest will follow, more or less as a manner of course. Conversely, in a Western country, if a whole segment of the population desires, for reasons of protest (as has happened in the United States), to isolate itself in a radical fashion from the society around it, the quickest and surest way is for it to replace alcohol b ~ Paul Bowles