A Quote by Lionel Shriver

A pre-nup is an insurance policy or, in brokerage terms, a short hedge - meant to mitigate a high-risk investment. It safeguards the love-struck from their own poor judgment of character.

Lionel Shriver

Quote Topics

Brokerage Character Hedge High Insurance Insurance Policy Investment Judgment Love Meant Mitigate Own Policy Poor Risk Short Struck Terms

Quote Author

Lionel Shriver
American - Journalist
Born: May 18, 1957

When I was 23, 24, I started covering hedge funds - a lot of this was luck - when no one else did. This was before hedge funds were the prettiest girl in school: this was pre-nose job and treadmill for hedge funds, when nobody talked to them - back then, it was just all about insurance companies and money managers.

Stephanie Ruhle

You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain.

Adena Friedman

Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some say excessively high - fees; their short- and long-term performance has been poor.

Barry Ritholtz

There is an old maxim which states that good judgment comes from experience, and experience comes from poor judgment. I think something similar can be said of government policy, to wit: Good policy comes from experience, and experience comes from poor policy.

Edward C. Prescott

Unlike return, however, risk is no more quantifiable at the end of an investment that it was at its beginning. Risk simply cannot be described by a single number. Intuitively we understand that risk varies from investment to investment: a government bond is not as risky as the stock of a high-technology company. But investments do not provide information about their risks the way food packages provide nutritional data.

Seth Klarman

There is no such thing as guaranteed high investment returns. Be wary of anyone who promises that you will receive a high rate of return on your investment with little or no risk.

Perianne Boring

There is no 100 percent pre-nup.

Patti Stanger

It is critical that we pass legislation to dramatically reform our health insurance system, and this reform should include a genuine public option, universal coverage, an end to insurance policy rescissions, and no restrictions against covering people with pre-existing conditions.

Jerrold Nadler

Tom Cruise's pre-nup lets him keep his money, the kids and Katie Holmes.

Anthony Jeselnik

Don't short many stocks. Instead they hedge for tail risk with CDS and options. They are happy to incur illiquidity

Seth Klarman

The young mouse's eyes snapped open, clear and bright. He swung the ancient sword high and struck at the giant adder. He struck for Redwall! He struck against evil! He struck for Martin! He struck for Log-a-Log and his shrews! He struck for dead Guosim! He struck as Methuselah would have wanted him to! He struck against Cluny the Scourge and tyranny! He struck out against Captain Snow's ridicule! He struck for the world of light and freedom! He struck until his paws ached and the sword fell from them!

Brian Jacques

In my judgment, the JCPOA for whatever its limitations, was succeeding on its own terms in blocking Iran's pathways to producing fissile material for a nuclear weapon on short order.

Antony Blinken

When capital comes into our own countries, it ought to be for, you know, a longer-term investment. If it's extremely short, hot money, we ought to treat it in that way and have type of regulatory policy.

Charles L. Evans

A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities. Potential investors can be easily enticed with the promise of high returns in a new investment space and also may be less skeptical when assessing something novel, new, and cutting-edge.

Perianne Boring

The premise of insurance is to spread the risk. It's the premise of homeowner's insurance, of car insurance, and of health insurance. It's one reason why it's important to have insurance when you're healthy, so that when you get sick, you won't go sign up just when you get sick, because that increases the cost for everyone.