Lime juice in the eye, will your eye stay red?

Posted September 25th, 2010 at 12:42 AM

#11

ceoarob

Trusted Member

Join Date: 05/20/2008 | Posts: 1250

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

I'm in the insurance industry. Signed up with the top producers, blah blah, so I know that you probably have filled out similar forms that are like, "Have you had any criminal charges, with the exception of minor traffic violations blah blah" so I understand where you're coming from since a misdem/felony can suspend or revoke your Series 6 (or whichever type you have)

Well, I've got a little secret for ya, even if you put lime in your eye and your eye is bloodshoot red...you ARENT going to get caught...they don't have anything to blame you against. UNLESS, you're DUI'ing in that case you deserve to be pulled over and arrested. And if you're smoking and driving, then that's still DUI and you still deserve to get caught. So the moral: don't do stupid shit.

-------

But, I was really fortunate to not have gotten in trouble for having a fake ID. It's a felony when you've got an ID with your picture and a state logo (For the record, I'm not saying that mine has one in any way at all, in fact I don't even have a fake ID), so I could have potentially gotten in trouble for having it. But I still choose to go out and have fun. Why am I potentially risking my entire life, career, future family, etc? Because the risks are fucking exaggerated in most people's mind. They think that they're going to do something "small" wrong and that they're going to get arrested for it.

I remember two years ago that I thought I was going to get kicked out of a GA Mall for singing the Star Spangled Banner on top of PACKED food court table. Well, the crowd loved it and even the security guards and cops were laughing at the hilarity of the sight. I did this to face a "social fear" and ended up getting a thundrous round of applause and a couple of standing ovations.

What does this mean? This shit's all in your head yo.

------

On going out:

However, I ALWAYS went out sober and typically solo, but always sober. If you're worried about getting caught with some stuff, then just go sober bro, I promise - it'll be hard for the first 10 times that you do it, then the 11th time, you'll just feel like you're walking on sunshine. You'll have better results AND you'll be able to wake up early the next day for work.

Simple stuff yo.

As ambiguity would say:

/thread

__________________

My game = social skills + having a dick. Morely the latter.
null

Login or register to post.

Posted September 25th, 2010 at 1:02 AM

#12

LoveHandle*

Respected Member

Join Date: 03/24/2008 | Posts: 929

ya ain't on pot bro. The "lime in eye" just wakes you up.
Take it easy brotha.. nothing to worry about

__________________

My FR/LR Journal

"I think I can. I think I can. I think I can.” ~Little Engine That Could

My food blog

Abundance

Login or register to post.

Posted September 25th, 2010 at 1:05 AM

#13

Bulrathi

Respected Member

Join Date: 08/03/2010 | Posts: 503

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

__________________

Login or register to post.

Posted September 25th, 2010 at 1:43 AM

#14

Ryan®

Instructor | Respected Member

Join Date: 03/06/2007 | Posts: 920

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

Ah ok, I think he said something about creating a CDO from the bottom tranche of a collection of bonds - essentially a CDO comprised of a collection of all the shite.

I think this stuff is more interesting than girls TBH ;-)

__________________

The Blog Has Launched - www.RyanForReal.com

It's not good game because it's the right thing to say. It's the right thing to say because I am the game.

Add me on Twitter:
http://www.twitter.com/RyanRSD

Login or register to post.

Posted September 25th, 2010 at 9:36 AM

#15

Bulrathi

Respected Member

Join Date: 08/03/2010 | Posts: 503

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

Ah ok, I think he said something about creating a CDO from the bottom tranche of a collection of bonds - essentially a CDO comprised of a collection of all the shite.

I think this stuff is more interesting than girls TBH ;-)

Check out, Inside the House of Money and The Invisible Hands by Drobny if you haven't. Two of my favorites 'interviews with market pimps' type books

__________________

Login or register to post.

Posted September 25th, 2010 at 6:15 PM

#16

ceoarob

Trusted Member

Join Date: 05/20/2008 | Posts: 1250

There's nothing wrong with getting in the present moment.

Maybe you should read some more Tolle bro.

MoreTolleBro wrote:

Squirting lime juice in your eye to get into "state" is retarded, as is whoever came up with that ridiculous idea.

__________________

My game = social skills + having a dick. Morely the latter.
null

Login or register to post.

Posted September 25th, 2010 at 6:58 PM

#17

killacam09

Respected Member

Join Date: 12/24/2009 | Posts: 645

Yall motherfuckers crack me up lol.

__________________

I verbally vomit at bitches 24/7! Fuck what these bitches saying just talk your shit and then take them home and FUCK FUCK FUCK!

Login or register to post.

Posted September 25th, 2010 at 7:54 PM

#18

the modern

Senior Member

Join Date: 04/21/2010 | Posts: 294

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

Ah ok, I think he said something about creating a CDO from the bottom tranche of a collection of bonds - essentially a CDO comprised of a collection of all the shite.

I think this stuff is more interesting than girls TBH ;-)

Yeah, Michael Lewis mangles the terminology a little bit. The securities made up of mortgages are usually called MBS (Mortgage backed security). Those are put into different tranches that get paid different levels of interest in exchange for different levels of risk. A CDO is made up of pieces of the MBS (usually the equity/shite/thing that goes bad first) so that if 5% of the mortgages in the MBS go bad, the whole CDO but NOT the senior tranches of the MBS goes bad.

The Great Short is a fantastic book though.

Login or register to post.

Posted September 25th, 2010 at 7:59 PM

#19

Ryan®

Instructor | Respected Member

Join Date: 03/06/2007 | Posts: 920

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

Ah ok, I think he said something about creating a CDO from the bottom tranche of a collection of bonds - essentially a CDO comprised of a collection of all the shite.

I think this stuff is more interesting than girls TBH ;-)

Check out, Inside the House of Money and The Invisible Hands by Drobny if you haven't. Two of my favorites 'interviews with market pimps' type books

Thanks, Added to the list...

__________________

The Blog Has Launched - www.RyanForReal.com

It's not good game because it's the right thing to say. It's the right thing to say because I am the game.

Add me on Twitter:
http://www.twitter.com/RyanRSD

Login or register to post.

Posted September 25th, 2010 at 8:00 PM

#20

Ryan®

Instructor | Respected Member

Join Date: 03/06/2007 | Posts: 920

the modern wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

Bulrathi wrote:

Ryan® wrote:

olio wrote:

Bulrathi wrote:

I'm serious, if you get pulled over by the police its not going to be so funny

You know what's really not funny? ... living your life in fear of having a little fun

Clearly you dont trade the financial markets for a living

Perhaps... but clearly there's no law against putting lime in your eye, or having red eyes.

But if you do trade in the financial markets, I have a question for you:

I was reading The Big Short and with regards to subprime mortgage CDOs, he says something to the effect of only 5% of the loans had to default for the entire CDO to be worthless (and in turn to collect on the insurance). Why is that the case? And so if 5% do default, what happens to the other 95% of the loans that did not default and the interest payments on those loans?

He must be talking about the equity tranche of the CDO, basically you take a bunch of mortgages say 1000, then create a bunch of CDOs off it, one of them, the equity tranche will have its value set according to the performance of the mortgages in a way that if 5% default it becomes worthless and then the other CDOs will be in line to lose money(with the 'super senior' tranche being the most protected)
You suspicion is correct, the entire CDO is not worthless, unless he was talking about some kind of advanced CDO squared structured in a highly levered way

Ah ok, I think he said something about creating a CDO from the bottom tranche of a collection of bonds - essentially a CDO comprised of a collection of all the shite.

I think this stuff is more interesting than girls TBH ;-)

Yeah, Michael Lewis mangles the terminology a little bit. The securities made up of mortgages are usually called MBS (Mortgage backed security). Those are put into different tranches that get paid different levels of interest in exchange for different levels of risk. A CDO is made up of pieces of the MBS (usually the equity/shite/thing that goes bad first) so that if 5% of the mortgages in the MBS go bad, the whole CDO but NOT the senior tranches of the MBS goes bad.

The Great Short is a fantastic book though.

Ah, thanks for the clarification..

__________________

The Blog Has Launched - www.RyanForReal.com

It's not good game because it's the right thing to say. It's the right thing to say because I am the game.

Add me on Twitter:
http://www.twitter.com/RyanRSD

Login or register to post.

Username:
Password:
Remember Me


Name
Email

THE FORUMS