Right now I'm just thinking about school and trying to get those grades and keep them up! In case I become a Norma Desmond when I grow up, I can have something to fall back on! ↗
I think those who invest in mutual funds want someone else to do the thinking for them. But the fact that they can move the money around the family of mutual funds just through a phone call lets them feel that they can play tycoons. ↗
In the 1920s, Wall Street was a world that was really dominated by professional speculators and stock pools. These people had a monopoly over information. ↗
The Great Inflation of the 1970s destroyed faith in paper assets, because if you held a bond, suddenly the bond was worth much less money than it was before. ↗
And one of the things we did here was we put the maximum amount of money up front in those cities that were at the greater risk, but that doesn't mean that we keep rebuilding the same security over and over again. ↗
Nobody leaves a hotel without getting a full measure of three months of rental assistance. So no one has been evicted - no one who's eligible has been evicted from a hotel without getting a significant amount of money to find - to pay for their rent. ↗
The second thing we did was said, OK, we've now identified the risk, but what do you want to do with the money? Because it's not enough to have risk; you've got to have a meaningful use for the money we give you. ↗
I am very sure that any man of common understanding may, by culture, care, attention, and labor, make himself what- ever he pleases, except a great poet. ↗