I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a very valuable function because they can aggregate these risks and pass them around so that mortgages or other kinds of loans can be packaged and sold to investors all over the world, who in most times, would justify a small amount of each one.
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
The real beginning of influence comes as others sense you are being influenced by them - when they feel understood by you - that you have listened deeply and sincerely, and that you are open.
Understanding the times means understanding the course of history and civilization, as well as understanding the present situation. If we understand how God guides the development of human history, we can begin to understand the therapies needed to correct the problems of our times.
David Shi (historian of the simple life) describes the common denominator among the various approaches to simpler living as the understanding that the making of money and the accumulation of things should not smother the purity of the soul, the life of the mind, the cohesion of the family, or the good of the society.
Culture is a window reflecting the history, culture and spiritual world of a nation,. . Cultural exchange is a bridge to enhance the mutual understanding and friendship between the people of different nations.
Communism is born out of misery, and if the West does not show more understanding, those people will take up arms and turn to others, that is the Soviet Union.
The one and only method of teaching men the true religion was established by Divine Providence for the whole world, and for all times: that is, by persuading the understanding through reasons, and by gently attracting or exhorting the will.
Understanding, love and tolerance are the highest forms of interest on out small and interdependent planet.
The prudent course is to make an investment in learning, testing and understanding, determine how the new concepts compare to how you now operate and thoughtfully determine how they apply to what you want to achieve in the future.
We are glorious accidents of an unpredictable process with no drive to complexity, not the expected results of evolutionary principles that yearn to produce a creature capable of understanding the mode of its own necessary construction.
The world was conquered through the understanding of dogs; the world exists through the understanding of dogs.
Our knowledge and understanding of nonhuman animals is polluted far more than we acknowledge by our belief in our own superiority, our unrecognized cultural programming, and our separation from nature.
It's not by accident that the pristine wilderness of our planet disappears as the understanding of our own inner wild nature fades.
Let us see that our knowledge of Christ be not a powerless, barren, unpractical knowledge: O that, in its passage from our understanding to our lips, it might powerfully melt, sweeten, and ravish our hearts! Remember, brethren, a holy calling never saved any man, without a holy heart; if our tongues only be sanctified, our whole man must be damned. We must be judged by the same gospel, and stand at the same bar, and be sentenced to the same terms, and dealt with as severely as any other men.
The evolution of the cosmos invokes in me a sense of mystery; the increase in biodiversity invokes the response of humility; and an understanding of the evolution of death offers me helpful ways to think about my own death.
The chamber music repertoire is so vast that if one is genuinely curious about music, the art of listening, understanding and responding to a score, the elementary skills and requirements of chamber works are easily applicable to that of any solo playing.
If people have a basic understanding of right from wrong, possess a strong desire to better themselves and persist in there cause, they can break the chain of any negative environment.
In the early period of Left struggles, in the late nineteenth and early twentieth century, there were many different trajectories for the struggle, whether you call it 'syndicalism' or 'anarchism' or, at the time, 'social democracy', eventually 'Communism', these were different theories of struggle. But all of them shared a basic understanding that the people. . . experience exploitation, they experience oppression, but they're not prepared to rise up.
Science talks about very simple things, and asks hard questions about them. As soon as things become too complex, science can't deal with them. . . But it's a complicated matter: Science studies what's at the edge of understanding, and what's at the edge of understanding is usually fairly simple. And it rarely reaches human affairs. Human affairs are way too complicated.