A Quote by Maurice Allais

In principle, junk bonds are basically useful, but they are used excessively and irrationally, notably in takeovers.

Maurice Allais

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Basically Bonds Junk Principle Takeovers Used Useful

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Maurice Allais
French - Economist
May 31, 1911 - October 9, 2010

Junk bonds are the Holy Grail for hostile takeovers.

Roger Miller

If you are prepared for some risk, junk bonds pay about 5%, but they tend to get whacked when interest rates rise. Same with lower-yielding but higher-quality corporate bonds.

Kenneth Fisher

I really want some meaning. It used to be easy to toss it off. Now it's harder and harder. You have to navigate just to find something that has nourishment. It's the absence of nourishment. What do you do in place of nourishment? It's usually junk. Either it's junk food or junk clothes or junk ideas.

Toni Morrison

Junk food, junk religion, and junk products just leads to excessive numbers of junk people living junk lifestyles.

Peter J. Carroll

I don't want euro bonds that serve to mutualize the entire debt of the countries in the euro zone. That can only work in the longer-term. I want euro bonds to be used to finance targeted investments in future-oriented growth projects. It isn't the same thing. Let's call them 'project bonds' instead of euro bonds.

Francois Hollande

I don't eat junk foods and I don't think junk thoughts! Let me tell you, junk thoughts can destroy you even more quickly than junk food. Junk thoughts are something to be wary of.

Peace Pilgrim

The credit quality of junk bonds varies widely.

Alex Berenson

Junk bonds prove there's nothing magical in a Aaa bond rating.

Merton Miller

It is so true that in liquid modernity freedom was, so to speak, let off the leash, and for a quite a number of years the freedom of choice was "in principle" unlimited. One result was the weakening of inter-human bonds, particularly inherited bonds, and the counterfactual assumption that individuals must and can fend for themselves.

Zygmunt Bauman

I started buying bits of broken porcelain. I furnished our first flat with pieces of 'junk.' Some of that 'junk' is now worth an awful lot of money. What I was calling 'junk' in the '60s people wouldn't call 'junk' now.

Judith Miller

I think people are sick of trends changing every six months - not because we're tired of them, but just for the sake of change. There is so much junk in the world: junk TV, junk movies, all those junk magazines with the same people on the cover.

Tom Ford

Many innovations fail because consumers irrationally overvalue the old while companies irrationally overvalue the new.

Nir Eyal

I wanted to own a junk yard as a child, you know. I used to smash cars and think, 'Oh, my God, there's been an accident.' My mother would take me to junk yards, and I look back on that and I think, 'Wow, that was really loving.'

John Waters

I have always found that if I came in excessively prepared, emphasis on excessively, that was sort of the best case I could make for myself.

Mina Kimes

All thoughts are just junk. Essentially, they are coming from the limited experience of past. These thoughts are useful for your survival process. You've picked up some amount of information; you want to survive in the world; this information is useful. If you're looking at life itself, these thoughts are meaningless.

Jaggi Vasudev

Barry Bonds in the news. Yesterday Barry Bonds' agent said that Bonds could hit as many as 1,000 home runs. And the agent admitted he's on more drugs than Barry Bonds.

Conan O'Brien

A Quote by Maurice Allais

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