A Quote by Bill Lipschutz
Always understand the risk/reward of the trade as it now stands, not as it existed when you put the position on. Some people say, "I was only playing with the market's money." That's the most ridiculous thing I ever heard.
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It's essential that we understand things like the free-rider problem, but we also need to understand that, fortunately, humans are a little nicer than economists give them credit for. Some people actually leave money at roadside fruit stands; some people give money to NPR so we can listen to it.
The reality of television production now is that all the development money and pilot money now goes to the Internet so they can try to get pilots cheaper, than if they were producing them for television. I understand, it's a business, but what's great about doing it on the web, and one thing that attracted me is the amount of creative freedom that you do get with the web. That's the only advantage of there not being a lot of money involved, is that you're really able to write and do what you want... because there's not a lot of money involved and not money at risk.
I believe in clear-cut positions. I think that the most arrogant position is this apparent, multidisciplinary modesty of "what I am saying now is not unconditional, it is just a hypothesis," and so on. It really is a most arrogant position. I think that the only way to be honest and expose yourself to criticism is to state clearly and dogmatically where you are. You must take the risk and have a position.
Out of all the ridiculous religion stories - which are greatly, wonderfully ridiculous - the silliest one I've ever heard is, 'Yeah, there's this big, giant universe, and it's expanding, and it's all going to collapse on itself, and we're all just here, just 'cuz. Just 'cuz.' That to me, is the most ridiculous explanation ever.
Comedy is a weird thing. You have to understand, it's the weirdest thing you can do. There's no consensus. It's not like... People say, "I saw Saving Private Ryan, and that scene on the beach is just so moving." I can't imagine anyone who would say "I don't find that moving!" But you can show, whether it's Laurel & Hardy or the Three Stooges or Jiminy Glick In Lalawood, some people are going to look at it and say "That's the funniest thing I've ever seen." Some people will say "I don't get it." Who's right, who's wrong?
Basically ... out of all the ridiculous religion stories which are greatly, wonderfully ridiculous—the silliest one I've ever heard is, 'Yeah ... there's this big giant universe and it's expanding, it's all gonna collapse on itself and we're all just here just 'cause ... just 'cause'. That, to me, is the most ridiculous explanation ever.
And another thing. Don’t ever kid yourself about loving some one. It is just that most people are not lucky enough ever to have it. You never had it before and now you have it. What you have with Maria, whether it lasts just through today and a part of tomorrow, or whether it lasts for a long life is the most important thing that can happen to a human being. There will always be people who say it does not exist because they cannot have it. But I tell you it is true and that you have it and that you are lucky even if you die tomorrow.
The only thing you should have to do is find work you love to do. And I can't imagine living without having loved a person. A man, in my case. It could be a woman, but whatever. I think, what I always tell kids when they get out of class and ask, 'What should I do now?' I always say, 'Keep a low overhead. You're not going to make a lot of money.' And the next thing I say: 'Don't live with a person who doesn't respect your work.' That's the most important thing—that's more important than the money thing. I think those two things are very valuable pieces of information.
The people who are playing it totally safe are never going to have either the fun or the reward of the people who decide to take some risk, stick out, do it differently.
The most important thing to understand about your pension is it only really counts on the day you put money in and the day you take money out.
People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.
Most people would say safety was my best position. To me, the biggest challenge and most gratifying thing I got out of playing football was playing corner, because it was a bigger challenge than playing safety. Playing corner provided me my biggest thrills and my biggest headaches.
I'd never trade my old girl for all the money in the world. I'd never trade my daughter Toya for all the money in the world. I'd never trade my only boy for all the money in the world. I put my last name first!
I'm not one of these guys who says 'Now I'm on a really hot show. Better quit soon before I get labeled.' That's the most ridiculous notion I'd ever heard.
I'm not one of these guys who says, Now I'm on a really hot show, better quit soon before I get labeled. That's the most ridiculous notion I'd ever heard.
Companies are always being bought and sold. The markets are always moving; you have to be on top of your position. And in the U.S., the market is never closed for more than three days. The only time the market was ever closed was 9/11. I think it may have been closed the whole week.
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