Looking into it a bit, Jamie found that the model used by Wall Street to price LEAPs, the Black-Scholes option pricing model, made some strange assumptions.

Baseball is this intense subculture that actually doesn't speak very much for the larger culture.

The pleasure of rooting for Goliath is that you can expect to win. The pleasure of rooting for David is that, while you don’t know what to expect, you stand at least a chance of being inspired.

As idiotic as optimism can sometimes seem, it has a weird habit of paying off.

When you're trying to create a career as a writer, a little delusional thinking goes a long way.

In Japan, mothers insist on achievement and accomplishment as a sign of love and respect. Thus to fail places children in a highly shamed situation.

A banking system is an act of faith: it survives only for as long as people believe it will.

Above all, recognize that if you have had success, you have also had luck — and with luck comes obligation. You owe a debt, and not just to your Gods. You owe a debt to the unlucky.

A credit default swap was confusing mainly because it wasn't really a swap at all. It was an insurance policy, typically on a corporate bond, with semiannual premium payments and a fixed term.

One absolutely cannot tell, by watching, the difference between a .300 hitter and a .275 hitter. The difference is one hit every two weeks.

People don't like uncertainty, and their minds are tools for making sense of the world, even when the world is senseless.

Do I have anything to lose? This life will be gone one day to the Creator who gave it.

If you come from a solid family structure, it doesn't matter what you go through in your life. You're going to be okay.

John Stockton is one of the true marvels, not just of basketball, or in America, but in the history of Western Civilization!

Be grateful everyday for the brief but magnificent opportunity that life provides.

If some people are so hungry for a feeling of importance that they actually go insane to get it, imagine what miracle you and I can achieve by giving people honest appreciation this side of insanity.

The night before Atlantis sank beneath the waves forever, the members of the MysterySchool set sail from their doomed continent in twelve boats, headed for twelve different points on the globe.

The concept of war crimes is an American invention.

If you love a person, you love him in his stark reality, and refuse to shut your eyes to his defects and errors.

I shall laugh my bitter laugh.

We have to surrender ourselves completely to the Lord with faith and devotion in Him, serve others to the best of our capacity, and never be a source of sorrow to anybody.