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Common hedging techniques include shorting stocks, buying put options, writing call options, and various types of leverage and paired transactions. While I do reserve the right to use these tools if and when appropriate, my firm opinion is that the best hedge is buying an appropriately safe and cheap stock.

Everyone dreams, but not everybody remembers their dreams because some people go into delta; they go too low.

I don't think there is necessarily a contradiction between being a hegemonic power on the one hand and functioning multilaterally on the other.

Since the end of the Cold War, hegemonism has become increasingly unpopular.

Creating these messes that go from administration to administration and then you swoop in and clean them up - with that heroic Delta force - people not realizing that they were always there but doing different things than what we see them doing at the moment.

Unless engineers can stop southern Louisiana from sinking into the Gulf - the Mississippi Delta is the fastest-disappearing land on the planet - even post-Katrina's modernized levees will be overwhelmed.

Oh yeah, that was the thing to do at that time. This was before the new wave of bebop started.

Credit card issuers and HELOC lenders are like fair-weather friends: They cozy up to you in good times, but when the economy heads south, they abandon you faster than Usain Bolt runs the 100 meters.

But Walt and him shared the same kind of optimism. Walt believed in himself, and he was optimistic about what he wanted to do. He just knew it will be okay, and Dali was the same way. They had a great deal in common that way.