Johnny Rivera

“Educate the children and it won't be necessary to punish the men.”
― Pythagoras

“Good evening, gentlemen!' said the vampire. 'Please pay attention. I am a reformed vampire, which is to say, I am a bundle of repressed instincts held together with spit and coffee. It would be wrong to say that violent, tearing carnage does not come easily to me. It's not tearing your throats out that doesn't come easily to me. Please don't make it any harder.”
― Terry Pratchett

“A credit default swap was confusing mainly because it wasn’t really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term. For instance, you might pay $200,000 a year to buy a ten-year credit default swap on $100 million in General Electric bonds. The most you could lose was $2 million: $200,000 a year for ten years. The most you could make was $100 million, if General Electric defaulted on its debt any time in the next ten years and bondholders recovered nothing. It was a zero-sum bet: If you made $100 million, the guy who had sold you the credit default swap lost $100 million. It was also an asymmetric bet, like laying down money on a number in roulette. The most you could lose were the chips you put on the table; but if your number came up you made thirty, forty, even fifty times your money.”
― Michael Lewis, The Big Short: Inside the Doomsday Machine

“Lovers of print are simply confusing the plate for the food.”
― Douglas Adams