Top 29 Robert Engle Quotes
#1. The collateralized debt obligation, the CDO, is a structure which allows you to more or less continuously choose how much risk you want to take in a whole batch of securities. And the reason why they got us into so much trouble is that it's hard to figure out how much risk you really are taking.
Robert F. Engle
#2. At my age, I'm just happy to be named the greatest living anything.
Joe DiMaggio
#3. The pleasures of the world are deceitful; they promise more than they give. They trouble us in seeking them, they do not satisfy us when possessing them, and they make us despair in losing them.
Anne-Therese De Marguenat De Courcelles
#4. There are a lot of ways that investment banking models work, but these risks are not internalized by the people that are taking them.
Robert F. Engle
#5. So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will now be traded on either exchanges or some kind of central clearing, they are going to be a very good measure of the credit worthiness of different companies.
Robert F. Engle
#6. I'd like to see a little more action on the energy side of things. I've been pushing for some kind of a carbon tax for years, and it seems to me we've had lots of opportunities to do it.
Robert F. Engle
#7. I think global coordination is tremendously important. I hope we can see this happening through the G20 and through coordination of regulatory regimes around the world. I guess those are the main features of this bill that are important.
Robert F. Engle
#8. long to taste the honeyed breeze and touch the rubied apple's flavor - to speak with soft conversing leaves, the songs of sky's white clouds to savor.
Marcia Lynn McClure
#9. We might say that both the artist and the neurotic bite off more than they can chew, but the artist spews it back out again and chews it over in an objectified way, as an external, active work project
Ernest Becker
#10. I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other words, this naked position that the Germans have recently put into their financial regulation and has been discussed here. I don't think that makes any sense.
Robert F. Engle
#11. Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.
Robert F. Engle
#12. Mismatches destroy us all, even the most tender ones, and most never have the courage to break someone else's heart to follow their own.
Amy Guth
#13. If you have information that a company is not as good as its stock market valuation, you don't have a way to sell that stock unless you already own it. And so that information doesn't get incorporated in the company's stock price as fast if you don't allow short selling.
Robert F. Engle
#14. Physically, men are of the same species; spiritually each is a species apart
George Tyrrell
#15. I think we're fooling ourselves if we think that regulators are going to be able to outsmart the bankers. So, the task of designing regulatory reform is trying to make more or less foolproof regulation and that's one of the advantages of the systemic category.
Robert F. Engle
#16. The fishing is best where the fewest go and the collective insecurity of the world makes it easy for people to hit home runs while everyone is aiming for base hits.
Timothy Ferriss
#17. A lot of ambitious code has been written into the law for those and we will have to see if it actually works, if we have another example of a big financial institution going bankrupt.
Robert F. Engle
#18. Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock and you can make some profit on it.
Robert F. Engle
#19. But there was nothing I could do to dim the supernovae exploding inside my brain, an endless chain of intra cranial firecrackers
John Green
#20. Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of people who owe you money.
Robert F. Engle
#22. If a lot of people feel like this company is undervalued and go out and buy the stock, the stock price will go up reflecting the higher value of this company. You might have information because you trade with them or because you've done some research on them.
Robert F. Engle
#24. If you pay attention to where your exposures are, you might tend up buying credit default swaps against a variety of people that you - companies that you deal with.
Robert F. Engle
#25. President Obama gave a speech about healthcare tonight, and yesterday he gave a pep talk to students. He told them that in order to succeed they need to work hard and study hard. Then today, former President George W. Bush presented the rebuttal.
Conan O'Brien
#27. That is, many times we're not risking our own money, we're risking somebody else's money, or maybe that someone is going to back stop or downside, but we still get the upside.
Robert F. Engle
#28. Happiness is just a little thing;
Humans mostly are too large for it.
If you cannot feel the joy of spring
Shrink yourself and maybe then you'll fit.
Michael Leunig
#29. In America there is not one single element of civilization that is not made to depend, in the end, upon public opinion.
Henry Ward Beecher
