"Baseball is this intense subculture that actually doesn't speak very much for the larger culture."
"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."
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Source: Michael Lewis (2015). “The Big Short: Inside the Doomsday Machine (movie tie-in)”, p.46, W. W. Norton & Company
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