In the early days of Christianity the exercise of chastity was frequently combined with a close and romantic intimacy of affection between the sexes which shocked austere moralists. ↗
Alan White and I spent the next two or three years working together on this. We developed what is known a stochastic volatility model. This is a model where the volatility as well as the underlying asset price moves around in an unpredictable way. ↗
We get into the habit of living before acquiring the habit of thinking. In that race which daily hastens us towards death, the body maintains its irreparable lead. ↗
Before I do anything, I think, well what hasn't been seen. Sometimes, that turns out to be something ghastly and not fit for society. And sometimes that inspiration becomes something that's really worthwhile. ↗
Extremes, though contrary, have the like effects. Extreme heat kills, and so extreme cold: extreme love breeds satiety, and so extreme hatred; and too violent rigor tempts chastity, as does too much license. ↗
But while we can never predict where events will take us or the unavoidable bills we will have to pay as a consequence, we must confront the ghastly truth of Labour's legacy. ↗