Let me translate his speech for those of you who are at work right now:
...blah, blah, risk, blah, blah, diversification, blah, blah, degree of discomfort, blah, blah, uncertainty, blah, blah, ...translator drinks a 1/4 Jack Daniels, blah, blah, technology, blah, blah, risk, blah, blah, deep seated uncertainies in human evaluation processEEEss, blah, blah, risk and uncertainy, blah, blah, bubblebaths, blah, blah, what the eff am I talking about?, blah, blah, fear induced disengagement, blah, blah, falling prices, blah, blah, why is everyone sleeping?, blah, blah, implication for risk management, blah, blah, ...translator drinks another 1/4 JD, blah, blah, probability distributions, blah, blah, blah, extreme price movements, blah, blah, extreme negative outcomes, blah, blah, knowledge float, blah, blah, uncertain premium, blah, blah, ummmm peanuts, blah, blah, risk management systems prove inadequate, blah, blah, moral hazard, blah, blah, doubtless bedevil, blah, blah, gold standard sux ass, blah, blah, thank you and have a nice day! ...translator finishes off bottle of JD and collapses to the floor...
Greenspam is on TV now |
