If some institution wants to sell you a billion dollars worth of mortgages, they might have to sell 100 million in the market, and then you'll buy the other 900 million on the same terms. Now, the very fact that this has been authorized or will be authorized, I hope, will firm up the market to some degree. And that's fine. But you don't want to have artificial prices being paid.
No sooner met but they looked; no sooner looked but they loved; no sooner loved but they sighed; no sooner sighed but they asked one another the reason; no sooner knew the reason but they sought the remedy; and in these degrees have they made a pair of stairs to marriage.
My conscience hath a thousand several tongues, And every tongue brings in a several tale, And every tale condemns me for a villain. Perjury, perjury, in the high'st degree; Murder, stern murder in the dir'st degree, Throng to the bar, crying all, 'Guilty!, guilty!
One of the things that I am concerned about is the degree to which we've seen a lot of commentary lately where there were, there are Republicans or pundits or cable commentators who seemed to have more confidence in Vladimir Putin than fellow Americans because those fellow Americans were Democrats. That cannot be.
Gradually we come to admit that Shakespeare understands a greater extent and variety of human life than Dante; but that Dante understands deeper degrees of degradation and higher degrees of exaltation.
Investors should remember that their scorecard is not computed using Olympic-diving methods: Degree-of-difficulty doesn't count. If you are right about a business whose value is largely dependent on a single key factor that is both easy to understand and enduring, the payoff is the same as if you had correctly analyzed an investment alternative characterized by many constantly shifting and complex variables.
The degree of sympathy we feel regarding another's fiasco is directly proportional to how easy or difficult it is for us to imagine ourselves, under like circumstances, making a similar mistake.
Let none presume To wear an undeserved dignity. O that estates, degrees, and offices Were not derived corruptly, and that clear honour Were purchased by the merit of the wearer!
Although man is not armed by nature nor is naturally swiftest in flight, yet he has something better by far—reason. For by the possession of this function he exceeds the beasts to such a degree that he subdues. … You see, therefore, how much the gift of reason surpasses mere physical equipment.