A Quote by Mitchell Zuckoff
When running a Ponzi scheme, how does one avoid enormous, unexpected withdrawals - runs on the bank, so to speak - that would pull back the curtain and reveal a little man blowing smoke? One way would be to attract a core of investors who could be counted on to never withdraw more than a small percentage of principal each year.
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In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses.
One of the most important things you can do in your life is to learn to pull back the curtain of fear so you can see it for what it really is - the enemy blowing a lot of smoke and pushing your buttons.
I wanted to play running back, but they would never put me at running back. I started loving receiver and as I kept growing older, we kept throwing the ball more and I kept liking it more and more. It's something I've played all my life. It's something I've gotten better at each year.
A typical Ponzi scheme involves taking money from investors, then paying them off with money taken from new investors, rather than paying them from actual earnings.
Then it was as if I suddenly saw the secret beauty of their hearts, the depths of their hearts where neither sin nor desire nor self-knowledge can reach, the core of their reality, the person that each one is in God's eyes. If only they could see themselves as they really are. If only we could see each other that way all the time, there would be no more war, no more hatred, no more cruelty, no more greed . . . I suppose the big problem would be that we would fall down and worship each other.
No Ponzi schemer tells anyone exactly how it works. The purpose of a Ponzi scheme is to trick people, to take the money and run.
I think my ideal man would speak many languages. He would speak Ibo and Yoruba and English and French and all of the others. He could speak with any person, even the soldiers, and if there was violence in their heart he could change it. He would not have to fight, do you see? Maybe he would not be very handsome, but he would be beautiful when he spoke. He would be very kind, even if you burned his food because you were laughing and talking with your girlfriends instead of watching the cooking. He would just say, 'Ah, never mind'.
As a running back, when you get the ball year after year - and I would say three years on the short end and seven on the long side - you reach a point where it seems like overnight, your body changes and you can't do what you used to do anymore. We see those drastic declines more at running back than any other position.
This is one way that wealthy Americans could really contribute. They could put hundreds of millions of dollars into the infrastructure bank, be a good investment for them, for their children, for their grandchildren, and they would directly contribute to revitalizing a big sector of middle-class wages in America and making our country more productive, so that we could create more opportunity. But I think that we could get a lot of grassroots support from, like, local chambers of commerce and other things if they understood exactly how this infrastructure bank would work.
Nobody even mentioned the word losing, losing games. We know we've been a losing franchise. He just wanted to say something back like he's always running his mouth. That's what he does. He runs his mouth all the time. Nobody was blaming him for anything. For him to come back at me was a personal attack. I feel that if there is anything that he is unsure about, tell him I would be more than happy to say it in his face, or any kind of other way, that would make him understand.
Percentage margins are not one of the things we are seeking to optimize. It’s the absolute dollar free cash flow per share that you want to maximize, and if you can do that by lowering margins, we would do that. So if you could take the free cash flow, that’s something that investors can spend. Investors can’t spend percentage margins.
From the age of 1 to 6 there is a small percentage that is exclusively homosexual, a small percentage heterosexual and there's a wide band in the middle of people who respond to various stimuli. A little bit here, a little more there.
If the American public were accurately polled, I suspect the results would find Bonnie & Clyde, Bill Clinton, Ponzi Scheme scamster Bernie Madoff, and the infamous Wily Coyoteto be believed to be more honest and trustworthy than Hillary Clinton.
The only reason there is a crisis about Social Security in the US and pensions in Europe and Japan is that you cannot maintain a "Ponzi" scheme indefinitely. We have collected from today's young to pay today's old and counted on tomorrow's young to keep doing so. That was a fine scheme as long as the number of young people was rising faster than old people. When that ratio comes to an end, such a system also has to end.
Claudia knew that she could never pull off the old-fashioned kind of running away. That is, running away in the heat of anger with a knapsack on her pack. She didn't like discomfort; even picnics were untidy and inconvenient: all those insects and the sun melting the icing on the cupcakes. Therefore, she decided that her leaving home would not be just running from somewhere but would be running to somewhere.
I could jump out of this window feet first, which would be the safe way. But the way I'd do it would be to use a ramp, get a running start, dive through head first and maybe throw in a little roll at the end. Doing it that way makes it more spectacular.
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