Derivatives Quote by Charles P. Kindleberger Download Open image “The first derivative is the last refuge of a scoundrel.” — Charles P. Kindleberger ★ ★ ★ ★ ★ 3.8 out of 5 (5 ratings) Copy quoteShare Derivatives Economics Firsts Lasts Refuge Scoundrels
Even the crudest, most derivative novel is an expression of the author's hopes and fears and ideas about good and evil. — Steven Saylor Copy Share Image
Scoundrels [...] simply don't die. The ones who die are always the gentle, sweet, and beautiful people. [...] Scoundrels live a long time. The… — Osamu Dazai Copy Share Image
Newton, of course, was the inventor of differential calculus so his place in the tale is quite special. — Kit Williams Copy Share Image
To kill, I grant, is sin's extremest gust; But, in defence, by mercy, 'tis most just. — William Shakespeare Copy Share Image
“[T]he life of a person does not first leave when the heart weakens and ceases to beat. The life of a person first leaves… — Kelleen Goerlitz Copy Share Image
[On the legend that after being beheaded St. Denis walked six miles with his head in his hands:] It is only the first step… — Marie Anne de Vichy-Chamrond, marquise du Deffand Copy Share Image
To the last, I grapple with thee; From Hell's heart, I stab at thee; For hate's sake, I spit my last breath at thee. — Herman Melville Copy Share Image
Debasement was limited at first to one’s own territory. It was then found that one could do better by taking bad coins across the… — Charles P. Kindleberger Copy Share Image
“In Chapter 5 we consider swindles and defalcations. It happens that crashes and panics often are precipitated by the revelation of some misfeasance, malfeasance,… — Charles P. Kindleberger Copy Share Image
Money is a public good; as such, it lends itself to private exploitation. — Charles P. Kindleberger Copy Share Image
The period of financial distress is a gradual decline after the peak of a speculative bubble that precedes the final and massive panic and… — Charles P. Kindleberger Copy Share Image
“This book is an essay in what is derogatorily called "literary economics," as opposed to mathematical economics, econometrics, or (embracing them both) the "new… — Charles P. Kindleberger Copy Share Image
The propensity to swindle grows parallel with the propensity to speculate during a boom the implosion of an asset price bubble always leads to… — Charles P. Kindleberger Copy Share Image
Much of the profession is empirically bankrupt because it is no longer taught economic history. — Charles P. Kindleberger Copy Share Image
What matters to us is the revelation of the swindle, fraud, or defalcation. This makes known to the world that things have not been… — Charles P. Kindleberger Copy Share Image
There is nothing so disturbing to one's well-being and judgment as to see a friend get rich — Charles P. Kindleberger Copy Share Image
From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an… — John L. Casti Copy Share Image
After I finished college, I got a job on Wall Street as a derivatives trader, but after a couple years of it, I was… — Philipp Meyer Copy Share Image
I think it's really good and helpful to have the people you most admire in some other discipline than what you work in. It's… — Whit Stillman Copy Share Image
I turn away with fright and horror from the lamentable evil of functions which do not have derivatives. — Charles Hermite Copy Share Image
There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is… — P. J. O'Rourke Copy Share Image
Everything is derivative. Everything is a remix, and we all stand on the shoulders of giants - a great phrase. — Alexis Ohanian Copy Share Image
That Hegel's theory is derivative from Fichte's does not prevent it from being strikingly original and of independent value. — Allen W. Wood Copy Share Image
There are only four great arts: music, painting, sculpture, and ornamental pastry- architecture being perhaps the least banal derivative of the latter. — Julia Child Copy Share Image
We [at Soros Fund Management] use options and more exotic derivatives sparingly. We try to catch new trends early and in later stages we… — George Soros Copy Share Image
Clever derivatives broke dozens of companies. It killed them. Bankrupt. We don't need these kinds of innovation in finance. It's OK to be boring… — Charlie Munger Copy Share Image
I regard consciousness as fundamental. I regard matter as derivative from consciousness. We cannot get behind consciousness. Everything that we talk about, everything that… — Max Planck Copy Share Image
But how can you understand a war without any knowledge of the society where it happens? It's like trying to understand birth without knowing… — Annia Ciezadlo Copy Share Image