Volatility Sayings And Quotes

you are a horse running alone and he tries to tame you compares you to an impossible highway to a burning house says you are blinding him that he could never leave you forget you want anything but you you dizzy him, you are unbearable every woman before or after you is doused in your name you fill his mouth his teeth ache with memory of taste his body just a long shadow seeking yours but you are always too intense frightening in the way you want him unashamed and sacrificial he tells you that no man can live up to the one who lives in your head and you tried to change didn't you? closed your mouth more tried to be softer prettier less volatile, less awake but even when sleeping you could feel him travelling away from you in his dreams so what did you want to do love split his head open? you can't make homes out of human beings someone should have already told you that and if he wants to leave then let him leave you are terrifying and strange and beautiful something not everyone knows how to love.

A certain amount of volatility and drama can me healthy and keep things fun and interesting if you're willing at any moment during a fight to say, 'This means nothing. I love you, let's forget about it.

I need to hear you say it.” “I love you,” she said. She touched her lips to mine, and then pulled a few inches away. “Now quit being such a baby.” Once she kissed me, my heart slowed, and every muscle in my body relaxed. How much I needed her terrified me. I couldn’t imagine love was like this for everyone, or men would all be walking around like lunatics the second they were old enough to notice girls. Maybe it was just me. Maybe it was just me and her. Maybe together we were this volatile entity that would either implode or meld together. Either way, it seemed the moment I met her, my life had been turned upside down. And I didn’t want it any other way.

Why, Ace, did you hit your head on the overhang on the way in?” “Sometimes feels like it,” I thought I heard him say, as he glanced at Elena with a volatile and vulnerable look in his eyes. I suddenly feared for anyone who dared to touch a hair on her head.

Has she accepted you?" "Not yet.She wants to discuss it with you first." "Thank God.Because I'll tell her that it's the worst idea I've ever heard." Leo arched a brow."You doubt I could protect her?" "I doubt you could keep from murdering each other!I doubt she could ever be happy in such volatile circumstances.I doubt...no,I won't bother listing all my concerns,it would take too bloody long." Harry's eyes were ice-cold. "The answer is no,Ramsay.I'll do what is necessary to take care of Cat.You can return to Hampshire." "I'm afraid it won't be that easy to get rid of me," Leo said."Perhaps you didn't notice that I haven't asked for your permission.There is no choice.Certain things have happened that can't be undone.Do you understand?" He saw from Harry's expression that only a few fragile constraints stood between him and certain death. "You seduced her deliberately," Harry managed to say. "Would you be happier if I claimed it was an accident?" "The only thing that would make me happy is to weight you with rocks and toss you into the Thames." "I understand.I even sympathize.I can't imagine what it would be like to face a man who's compromised your sister,how difficult it would be to keep from murdering him on the spot.Oh, but wait.." Leo tapped a forefinger thoughtfully on his chin. "I can imagine.Because I went through it two bloody months ago." Harry's eyes narrowed."That wasn't the same.Your sister was still a virgin when I married her." Leo gave him an unrepenting glance. "When I compromise a woman,I do it properly." "That does it," Harry muttered, leaping for his throat.

Artisans, say, taxi drivers, prostitutes (a very, very old profession), carpenters, plumbers, tailors, and dentists, have some volatility in their income but they are rather robust to a minor professional Black Swan, one that would bring their income to a complete halt. Their risks are visible. Not so with employees, who have no volatility, but can be surprised to see their income going to zero after a phone call from the personnel department. Employees’ risks are hidden.

Italian men understand and appreciate women of volatile temperament." "I hate you," she said again, unable to think of anything more vicious to say in the state she was in.

We had scar-tissue romance and ours was a relationship of saying goodbye—every time we fought, every time we fucked, and every time we called it quits, before picking up our knives again

There's nothing like eating hay when you're faint,' he remarked to her, as he munched away. 'I should think throwing cold water over you would be better,' Alice suggested, '- or some sal-volatile.' 'I didn't say there was nothing BETTER,' the King replied. 'I said there was nothing LIKE it.

...your kinks aren't arbitrary things your brain comes up with. They're not coincidences from childhood that you fetishize. Or: they could be. But kinks are arrows giving you directions. If you're hot for being whipped, that probably says something about your relationship to guilt and punishment, or pain, or something... It's always complicated and emotionally volatile but there's also no reason to be ashamed of it.

You alarm me!' said the King. 'I feel faint—Give me a ham sandwich!' On which the Messenger, to Alice's great amusement, opened a bag that hung round his neck, and handed a sandwich to the King, who devoured it greedily. 'Another sandwich!' said the King. 'There's nothing but hay left now,' the Messenger said, peeping into the bag. 'Hay, then,' the King murmured in a faint whisper. Alice was glad to see that it revived him a good deal. 'There's nothing like eating hay when you're faint,' he remarked to her, as he munched away. 'I should think throwing cold water over you would be better,' Alice suggested: 'or some sal-volatile.' 'I didn't say there was nothing better,' the King replied. 'I said there was nothing like it.' Which Alice did not venture to deny.

Here’s what the Encyclopedia Galáctica has to say about alcohol. It says that alcohol is a colorless volatile liquid formed by the fermentation of sugars and also notes its intoxicating effect on certain carbon-based life forms. The Hitchhiker’s Guide to the Galaxy also mentions alcohol. It says that the best drink in existence is the Pan Galactic Gargle Blaster. It says that the effect of drinking a Pan Galactic Gargle Blaster is like having your brains smashed out by a slice of lemon wrapped round a large gold brick.

You'd think that the forest is at the mercy of the flame, but that's not it. The flame's greatest fear is the forest: being out of control, consumed from the inside out, burning with no end in sight. It is the flame which is at the mercy of the forest; but the forest doesn't care, she promises no end, she never says it stops or that it gets better! Flames never asked to be born as flames: so volatile, so vital, so uncontained. You are a flame, this world is a forest. Do you see it now? It was never the other way around.

Injecting some confusion stabilizes the system. Indeed, confusing people a little bit is beneficial—it is good for you and good for them. For an application of the point in daily life, imagine someone extremely punctual and predictable who comes home at exactly six o’clock every day for fifteen years. You can use his arrival to set your watch. The fellow will cause his family anxiety if he is barely a few minutes late. Someone with a slightly more volatile—hence unpredictable—schedule, with, say, a half-hour variation, won’t do so.

The thing about anger though is, while it is an energy that creates movement when channelled positively, it can devolve into chaos when it isn’t managed well. I think that there is huge progress happening, but alongside it is a volatile undercurrent that we need to be very aware of. It doesn’t feel like the safest time to speak out if you’re going to say anything that might be a bit challenging, and that is a dangerous mindset for us to get into.

What if I make a mistake?' you may be thinking. 'Racism is a volatile issue, and I don't want to say or do the wrong thing.' In almost forty years of teaching and leading workshops about racism, I have made many mistakes. I have found that a sincere apology and a genuine desire to learn from one's mistakes is usually rewarded with forgiveness. If we wait for perfection, we will never break the silence. The cycle of racism will continue uninterrupted.

Encyclopedia Galáctica has to say about alcohol. It says that alcohol is a colorless volatile liquid formed by the fermentation of sugars and also notes its intoxicating effect on certain carbon-based life forms. The Hitchhiker’s

You don’t want any of your Anchors being members of the opposite sex you’re attracted to,” Dr. Minerva says. “Relationships change even more than people. It’s like two people changing. It’s exponentially more volatile. Especially two teenagers.

He hovered, as it were, on the fringes of both the scientific and the classical worlds, making, apparently, no deep impression on either. Perhaps the characteristics that he inherited from D'Arcy the Elder partly accounted for this. Gifted, volatile, impulsive, and individual, neither could suffer a fool gladly, and they spoke their minds freely when occasion demanded and sometimes when it did not. They both went their own way; they would not ‘run with the pack’; they despised the instinct that leads men to say what others say because it is easier, or do as others do for fear of being thought different. Alike in demanding the highest standard of integrity in behaviour and work they spared no man who was slovenly in either; critical of their own achievements they were equally so of other men's.

I had ceased to be a writer of tolerably poor tales and essays, and had become a tolerably good Surveyor of the Customs. That was all. But, nevertheless, it is any thing but agreeable to be haunted by a suspicion that one's intellect is dwindling away; or exhaling, without your consciousness, like ether out of a phial; so that, at every glance, you find a smaller and less volatile residuum. Of the fact, there could be no doubt; and, examining myself and others, I was led to conclusions in reference to the effect of public office on the character, not very favorable to the mode of life in question. In some other form, perhaps, I may hereafter develop these effects. Suffice it here to say, that a Custom-House officer, of long continuance, can hardly be a very praiseworthy or respectable personage, for many reasons; one of them, the tenure by which he holds his situation, and another, the very nature of his business, which—though, I trust, an honest one—is of such a sort that he does not share in the united effort of mankind. An effect—which I believe to be observable, more or less, in every individual who has occupied the position—is, that, while he leans on the mighty arm of the Republic, his own proper strength departs from him. He loses, in an extent proportioned to the weakness or force of his original nature, the capability of self-support. If he possess an unusual share of native energy, or the enervating magic of place do not operate too long upon him, his forfeited powers may be redeemable. The ejected officer—fortunate in the unkindly shove that sends him forth betimes, to struggle amid a struggling world—may return to himself, and become all that he has ever been. But this seldom happens. He usually keeps his ground just long enough for his own ruin, and is then thrust out, with sinews all unstrung, to totter along the difficult footpath of life as he best may. Conscious of his own infirmity,—that his tempered steel and elasticity are lost,—he for ever afterwards looks wistfully about him in quest of support external to himself. His pervading and continual hope—a hallucination, which, in the face of all discouragement, and making light of impossibilities, haunts him while he lives, and, I fancy, like the convulsive throes of the cholera, torments him for a brief space after death—is, that, finally, and in no long time, by some happy coincidence of circumstances, he shall be restored to office. This faith, more than any thing else, steals the pith and availability out of whatever enterprise he may dream of undertaking. Why should he toil and moil, and be at so much trouble to pick himself up out of the mud, when, in a little while hence, the strong arm of his Uncle will raise and support him? Why should he work for his living here, or go to dig gold in California, when he is so soon to be made happy, at monthly intervals, with a little pile of glittering coin out of his Uncle's pocket? It is sadly curious to observe how slight a taste of office suffices to infect a poor fellow with this singular disease. Uncle Sam's gold—meaning no disrespect to the worthy old gentleman—has, in this respect, a quality of enchantment like that of the Devil's wages. Whoever touches it should look well to himself, or he may find the bargain to go hard against him, involving, if not his soul, yet many of its better attributes; its sturdy force, its courage and constancy, its truth, its self-reliance, and all that gives the emphasis to manly character.

The only time I met R.B. clandestinely was in the parish church, where we were married before two witnesses — it was the first and only time. I looked, he says, more dead than alive, and can well believe it, for I all but fainted on the way, and had to stop for sal volatile at a chemist’s shop.

By focusing less on your own worries and more on the potential happiness of others you actually create more headspace for yourself. Not only that, but the mind becomes softer, more malleable, easier to work with. It tends to be quicker to settle on the object of meditation, less easily distracted by passing thoughts. It also tends to be clearer, more stable and less reactive to volatile emotions. So giving your practice an altruistic edge is about so much more than simply doing the right thing. It should come as no surprise that the impact this simple skill can have on your relationships with others is quite profound. In becoming more aware of everything and everyone, you inevitably become more aware of others. You start to notice how sometimes you might unintentionally (or even intentionally) push their buttons, or notice what causes them to push yours. You start to listen to what they’re actually saying, rather than thinking about what you’d like them to say or what you’re going to say next. And when these things begin to happen you’ll notice that your relationships with others really start to change. But so long as we’re immersed in our own thoughts the whole time, it’s very difficult to truly find time for others.

Gilbert was always saying that he loved people. He needed them around him. He was always saying that he loved me, and I imagine he honestly believed this, though of course his handling of my career reflected favorably on himself. Love never did mean quite the same thing in the entertainment business as in less volatile circles.

Moving heavy objects allowed me to feel manly in the eyes of other men. With the women it didn't matter, but I enjoyed subtly intimidating the guys with bad backs who thought they were helping out by telling us how to pack the truck. The thinking was that because we were furniture movers, we obviously weren't too bright. In addition to being strong and stupid, we were also thought of as dangerous. It might have been an old story to Patrick and the others, but I got a kick out of being mistaken as volatile. All I had to do was throw down my dolly with a little extra force, and a bossy customer would say, "Let's just all calm down and try to work this out.

Thinking back, ladies, looking back, gentlemen, thinking and looking back on my European tour, I feel a heavy sadness descend upon me. Of course, it is partly nostalgia, looking back at that younger me, bustling around Europe, having adventures and overcoming obstacles that, at the time, seemed so overwhelming, but now seem like just the building blocks of a harmless story. But here is the truth of nostalgia: we don’t feel it for who we were, but who we weren’t. We feel it for all the possibilities that were open to us, but that we didn’t take. Time is like wax, dripping from a candle flame. In the moment, it is molten and falling, with the capability to transform into any shape. Then the moment passes, and the wax hits the table top and solidifies into the shape it will always be. It becomes the past, a solid single record of what happened, still holding in its wild curves and contours the potential of every shape it could have held. It is impossible - no matter how blessed you are by luck or the government or some remote, invisible deity gently steering your life with hands made of moonlight and wind - it is impossible not to feel a little sad, looking at that bit of wax. That bit of the past. It is impossible not to think of all the wild forms that wax now will never take. The village, glimpsed from a train window, beautiful and impossible and impossibly beautiful on a mountaintop, and you wonder what it would be if you stepped off the train and walked up the trail to its quiet streets and lived there for the rest of your life. The beautiful face of that young man from Luftknarp, with his gaping mouth and ashy skin, last seen already half-turned away as you boarded the bus, already turning towards a future without you in it, where this thing between you that seemed so possible now already and forever never was. All variety of lost opportunity spied from the windows of public transportation, really. It can be overwhelming, this splattered, inert wax recording every turn not taken. ‘What’s the point?’ you ask. ’Why bother?’ you say. ’Oh, Cecil,’ you cry. ’Oh, Cecil.’ But then you remember - I remember! - that we are even now in another bit of molten wax. We are in a moment that is still falling, still volatile, and we will never be anywhere else. We will always be in that most dangerous, most exciting, most possible time of all: the Now. Where we never can know what shape the next moment will take. Stay tuned next for, well, let’s just find out together, shall we?

Her concerned gaze skimmed over him. "Are you able to move much?" Now we're talking. "The hips work just fine, honey. Course, it'd probably be easier if you did all the-- hey, c'mon now, Luna, I was just teasing." He barely managed to hold in his laugh. "Don't storm away." She pivoted on her heel and stomped back toward him. Joe braced himself, waiting for the blast of her ire. She surprised him by drawing a deep breath, then another. And one more. He sighed. She was such a volatile, passionate woman, which made tweaking her temper fun. He raised a brow. "Got control of yourself?" She gave a sharp nod. The little liar. She wanted to bludgeon him. "Good." He patted the side of the bed next to his hip. "So tell me about this 'needing me' stuff. I'm all ears.

Stephen observed, ‘I have seen many examples of the seaman’s volatility, but none equal to this. When you recall the last week, culminating in the events of yesterday – no longer ago than yesterday itself – when you recall the silent, anxious and I might almost say haunted faces, the absence not only of the usual laughter but even of quips and small-wit, and the collective sense of impending, ineluctable doom, and when you compare that with today’s brisk gaiety, the lively eye, the hop, skip and jump, why, you are tempted to ask yourself whether these are not mere irresponsible childish fribbles …’ ‘Fribble yourself,’ murmured the gunroom steward the other side of the door, where he was finishing the officers’ wine with Killick. ‘… or weathercocks. But then you reflect that these same people circumnavigate the entire terraqueous globe, sometimes in trying circumstances, which argues a certain constancy.’ ‘I have heard their levity put down to there being no more than a nine-inch plank between them and eternity,’ said Martin. ‘Nine-inch?’ said the purser, laughing heartily. ‘Why, if you are given to levity with nine inches under you, what must you be in a little old light-built frigate? A flaming gas-balloon, no doubt. God – dear me, there are parts of Surprise’s bottom where you could push a penknife through with ease. Nine-inch! Oh lord, ha, ha, ha!

In these volatile times, many Americans were realizing ‘elections’ were appointed and the subject was a focus of talk radio. What did this say about Salinas? That he not only was a proven traitor to his country, he was a traitor to his brother with whom I knew he was in the drug business12, and a traitor to the world. What did this say about Cheney? That if US political crimes against humanity and/or the environment were occurring, he was in the loop giving orders while hiding behind his corporate interests such as Halliburton.

His performance was also intensely visual, with his volatile movements in front of the piano, and his cries and wild vocal accompaniment to his playing, all of which spoke eloquently of his extraordinary passion for the instrument and the music he coaxed, tickled and sometimes pounded out of him. Many critics were put off by all this, thinking it was a mere outward show- and therefore insincere. In fact it is an essential part of music-making for Jarrett, his way of achieving his state of grace… the ecstasy of inspiration. Miles Davis understood that immediately, and so did most other musicians. Jack DeJohonette says: “The one thing that struck me about Keith, that made him stand out from other players, was that he really has a love affair with the piano, it’s a relationship with that instrument… Keith’s hands are actually quire small but because of that he can do things that a person like myself, or other pianists with normal hand spans, can’t do… it enables him to overlap certain chord sequences and do rhythmic things and contrapuntal lines and get these effects of like, four people playing the piano… But I’ve never seen anybody just have such a rapport with their instrument and know its limitations but also push them to the limits, transcend the instrument – which is what I try and do with the drums as well.

Of course,” he says, “we have no idea, now, of who or what the inhabitants of our future might be. In that sense, we have no future. Not in the sense that our grandparents had a future, or thought they did. Fully imagined cultural futures were the luxury of another day, one in which ‘now’ was of some greater duration. For us, of course, things can change so abruptly, so violently, so profoundly, that futures like our grandparents’ have insufficient ‘now’ to stand on. We have no future because our present is too volatile.” He smiles, a version of Tom Cruise with too many teeth, and longer, but still very white. “We have only risk management. The spinning of the given moment’s scenarios. Pattern recognition.

Mercantilists promote the view that private market activity often drives the economy into difficulties which require government to intervene and set matters back on course. They typically characterize the economy as cyclical, driven to excesses by human emotions of greed and fear, which cause “bubbles” and “crashes” and interrupt steady progress of society. Government, they say, must prevent these cycles, smooth these bubbles and crashes, so as to achieve less volatility and greater stability in economic growth. Then they persuade government to adopt policies which produce cycles, bubbles, crashes, volatility, high taxes and unemployment, and economic instability —and monstrously large, illicit gains for themselves.

I am used to facing, at the end of a conference lecture, the question “So what is the difference between robust and antifragile?” or the more unenlightened and even more irritating “Antifragile is resilient, no?” The reaction to my answer is usually “Ah,” with the look “Why didn’t you say that before?” (of course I had said that before). Even the initial referee of the scientific article I wrote on defining and detecting antifragility entirely missed the point, conflating antifragility and robustness—and that was the scientist who pored over my definitions. It is worth re-explaining the following: the robust or resilient is neither harmed nor helped by volatility and disorder, while the antifragile benefits from them. But it takes some effort for the concept to sink in. A lot of things people call robust or resilient are just robust or resilient, the other half are antifragile.

She gives just enough hints about him to make you wonder why he became so villainous. And if he dies, I’ll never learnt the answer.” Oliver eyes her closely. “Perhaps he was born villainous.” “No one is born villainous.” “Oh?” he said with raised eyebrow. “So we’re all born good?” “Neither. We start as animals, with an animal’s needs and desires. It takes parents and teachers and other good examples to show us how to restrain those needs and desires, when necessary, for the greater good. But it’s still our choice whether to heed that education or to do as we please.” “For a woman who loves murder and mayhem, you’re quite the philosopher.” “I like to understand how things work. Why people behave as they do.” He digested that for a moment. “I happen to think that some of us, like Rockton, are born with a wicked bent.” She chose her words carefully. “That certainly provides Rockton with a convenient excuse for his behavior.” His features turned stony. “What do you mean?” “Being moral and disciplined is hard work. Being wicked requires no effort at all-one merely indulges every desire and impulse, no matter how hurtful or immoral. By claiming to be born wicked, Rockton ensures that he doesn’t have to struggle to be god. He can just protest that he can’t help himself.” “Perhaps he can’t,” he clipped out. “Or maybe he’s simply unwilling to fight his impulses. And I want to know the reason for that. That’s why I keep reading Minerva’s books.” Did Oliver actually believe he’d been born irredeemably wicked? How tragic! It lent a hopelessness to his life that helped to explain his mindless pursuit of pleasure. “I can tell you the reason for Rockton’s villainy.” Oliver rose to round the desk. Propping his hip on the edge near her, he reached out to tuck a tendril of hair behind her ear. A sweet shudder swept over her. Why must he have this effect on her? It simply wasn’t fair. “Oh?” she managed. “Rockton knows he can’t have everything he wants,” he said hoarsely, his hand drifting to her cheek. “He can’t have the heroine, for example. She would never tolerate his…wicked impulses. Yet he still wants her. And his wanting consumes him.” Her breath lodged in her throat. It had been days since he’d touched her, and she hadn’t forgotten what it was like for one minute. To have him this near, saying such things… She fought for control over her volatile emotions. “His wanting consumes him precisely because he can’t have her. If he thought he could, he wouldn’t want her after all.” “Not true.” His voice deepening, he stroked the line of her jaw with a tenderness that roused an ache in her chest. “Even Rockton recognizes when a woman is unlike any other. Her very goodness in the face of his villainy bewitches him. He thinks if he can just possess that goodness, then the dark cloud lying on his soul will lift, and he’ll have something other than villainy to sustain him.” “Then he’s mistaken.” Her pulse trebled as his finger swept the hollow of her throat. “The only person who can lift the dark cloud on his soul is himself.” He paused in his caress. “So he’s doomed, then?” “No!” Her gaze flew to his. “No one is doomed, and certainly not Rockton. There’s still hope for him. There is always hope.” His eyes burned with a feverish light, and before she could look away, he bent to kiss her. It was soft, tender…delicious. Someone moaned, she wasn’t sure who. All she knew was that his mouth was on hers again, molding it, tasting it, making her hungry in the way that only he seemed able to do. “Maria…” he breathed. Seizing her by the arms, he drew her up into his embrace. “My God, I’ve thought of nothing but you since that day in the carriage.

Still, it’s important to use the term “behavioral addiction” carefully. A label can encourage people to see a disorder everywhere. Shy kids were suddenly labeled “Asperger’s sufferers” when the term became popular; people with volatile emotions were similarly labeled “bipolar.” Allen Frances, a psychiatrist and expert on addiction, is concerned about the term “behavioral addiction.” “If 35 percent of people suffer from a disorder, then it’s just a part of human nature,” he says. “Medicalizing behavioral addiction is a mistake. What we should be doing is what they do in Taiwan and Korea. There they see behavioral addiction as a social issue rather than a medical issue.” I agree. Not everyone who uses a smartphone for more than ninety minutes a day should be in treatment. But what is it about smartphones that makes them so compelling? Should we introduce structural checks and balances on the growing role they play in our collective lives? A symptom affecting so many people is no less real or more acceptable simply because it becomes a new norm; we need to understand that symptom to decide whether and how to deal with it.

WHODUNIT BY BRUCE TIERNEY | 838 words A slippery situation in the Gulf Black Horizon (Harper, $25.99, 384 pages, ISBN 9780062109880), the 11th book in James Grippando's popular series featuring Florida attorney Jack Swyteck, opens with the two most important words of the lawyer's life: "I do." (Ha, ha—you thought I was going to say, "Not guilty.") The beach wedding in scenic Key Largo goes wildly awry when an epic storm arises in the Gulf, launching manifold repercussions for Swyteck and his new bride. One of the victims of the storm is a young Cuban oil rig worker whose wife emigrated to the U.S. ahead of him. He had planned to follow, but the deadly combination of high winds and an explosive oil spill have put paid to those plans forever. Now his wife would like Swyteck to file a wrongful death suit against the Chinese/Russian/Venezuelan/Cuban consortium that owns the oil rig. This is no easy feat, since the rig is in Cuban waters, and the only tenuous tie to the U.S. legal system is the wife's residency in Key West. The situation is volatile; the adversaries are lethal; and the backdrop is a toxic oil slick poised to slime the Florida coast. Black Horizon is timely, relentlessly paced and a thrill ride of the first

This could get a little hairy,” I tell them in interruption. Seriously, I don’t want to know this secret. I’ve got too much other shit going on. I grimace at the very questionable intestines that belong to some fabled creature that surely can’t exist under the radar if all that fit inside it. “If you’re a respawner instead of an unkillable being, get out of the kitchen and at least a mile from the house.” Mom assured me there’s a five mile seclusion radius. Damien starts speaking to me, almost as though he’s too tired to deal with my tinkering right now. “Violet, that potion has to be fresh. There’s no need-" ... There’s a loud, bubbling, sizzling noise that cracks through the air, and I drop to the floor, as a pulse shoots from the pot. Damien yelps, as he and Emit are thrown into one wall, and Mom curses seconds before she and Arion are launched almost into each other, hitting opposing walls instead, when they manage to twist in the air to avoid touching. Everyone crashes to the ground at almost the same time. Groans and grunts and coughs of pain all ring out in annoyed unison. “I warned you,” I call out, even as most of them narrow their eyes in my direction. Damien shoots me a look of exasperation, and I shrug a shoulder. “She did warn us,” Mom grumbles as she remains lying on the floor, while everyone else pushes to their feet. “No one fucks up a potion better than I do. If I fuck it up enough, less power will be needed to raise them,” I go on, smiling over at Emit…who is just staring at me like he’s confused. “But it’s the exact right ingredients,” he says warily, as he stands. “She’s apples and oranges. You can’t compare her to anyone else using those ingredients for that reason,” Mom says dismissively, as I gesture to Vance. “Take him with you; I’m going to be a while. That was just the first volatile ingredient. I don’t think you want to be here for the yacktite—” “Ylacklatite,” they all correct in unison. “You don’t want to be here for those gross, possibly toxic, hard-to-say, fabled-creature intestines. It’s going to probably get crazy up in here,” I say as I twirl my finger around, staying on the floor for a minute longer. Sometimes there’s an echo. “Raise your heartbeat. You’re not taking this seriously enough,” Mom scolds. “What are you doing letting your heartbeat drop so much?” “You really should go. It gets unpredictable when—” The echo pulse I worried would come knocks Arion, Emit, and Damien to the ceiling this time, and I cringe when I hear things crack. When they drop, Arion and Emit land in a crouch, and Damien lands hard on his back, cursing the pot on the stove like it’s singled him out and has it in for sexual deviants. Arion’s lips twitch as he stares over at me, likely thinking what sort of punch a pencil could pack with this concoction. But I’ll be damned if Shera steals any of this juice for his freaky pencils. “Do you rip up those dolls to use them as a timer?” the vampire asks, as he stays on the floor, causing Mom to sneer in his direction. Another pulse cracks some glass, but everyone is under the reach of it now. Damien just shakes his head. “You have drawers full of toxic pencils I don’t even want to know the purpose of,” I tell him dryly. “You don’t get to judge.” His grin grows like he’s pleased with something. I think Mom is seconds away from a brain aneurism

Here’s what the Encyclopedia Galactica has to say about alcohol. It says that alcohol is a colorless volatile liquid formed by the fermentation of sugars and also notes its intoxicating effect on certain carbon-based life forms. The Hitchhiker’s Guide to the Galaxy also mentions alcohol. It says that the best drink in existence is the Pan Galactic Gargle Blaster. It says that the effect of drinking a Pan Galactic Gargle Blaster is like having your brains smashed out by a slice of lemon wrapped round a large gold brick. The Guide also tells you on which planets the best Pan Galactic Gargle Blasters are mixed, how much you can expect to pay for one and what voluntary organizations exist to help you rehabilitate afterward. The Guide even tells you how you can mix one yourself. Take the juice from one bottle of the Ol’ Janx Spirit, it says. Pour into it one measure of water from the seas of Santraginus V—Oh, that Santraginean seawater, it says. Oh, those Santraginean fish! Allow three cubes of Arcturan Mega-gin to melt into the mixture (it must be properly iced or the benzine is lost). Allow four liters of Fallian marsh gas to bubble through it, in memory of all those happy bikers who have died of pleasure in the Marshes of Pallia. Over the back of a silver spoon float a measure of Qualactin Hypermint extract, redolent of all the heady odors of the dark Qualactin Zones, subtle, sweet and mystic. Drop in the tooth of an Algolian Suntiger. Watch it dissolve, spreading the fires of the Algolian Suns deep into the heart of the drink. Sprinkle Zamphuor. Add an olive. Drink…but…very carefully… The Hitchhiker’s Guide to the Galaxy sells rather better than the Encyclopedia Galactica.

Having studied workplace leadership styles since the 1970s, Kets de Vries confirmed that language is a critical clue when determining if a company has become too cultish for comfort. Red flags should rise when there are too many pep talks, slogans, singsongs, code words, and too much meaningless corporate jargon, he said. Most of us have encountered some dialect of hollow workplace gibberish. Corporate BS generators are easy to find on the web (and fun to play with), churning out phrases like “rapidiously orchestrating market-driven deliverables” and “progressively cloudifying world-class human capital.” At my old fashion magazine job, employees were always throwing around woo-woo metaphors like “synergy” (the state of being on the same page), “move the needle” (make noticeable progress), and “mindshare” (something having to do with a brand’s popularity? I’m still not sure). My old boss especially loved when everyone needlessly transformed nouns into transitive verbs and vice versa—“whiteboard” to “whiteboarding,” “sunset” to “sunsetting,” the verb “ask” to the noun “ask.” People did it even when it was obvious they didn’t know quite what they were saying or why. Naturally, I was always creeped out by this conformism and enjoyed parodying it in my free time. In her memoir Uncanny Valley, tech reporter Anna Wiener christened all forms of corporate vernacular “garbage language.” Garbage language has been around since long before Silicon Valley, though its themes have changed with the times. In the 1980s, it reeked of the stock exchange: “buy-in,” “leverage,” “volatility.” The ’90s brought computer imagery: “bandwidth,” “ping me,” “let’s take this offline.” In the twenty-first century, with start-up culture and the dissolution of work-life separation (the Google ball pits and in-office massage therapists) in combination with movements toward “transparency” and “inclusion,” we got mystical, politically correct, self-empowerment language: “holistic,” “actualize,” “alignment.

His mouth brushed over hers with kisses of soft fire. And as he possessed her, she gradually came to understand the pattern he was working within her… eight shallow thrusts, two deep… seven shallow, three deep… progressing until he finally gave her ten heavy, penetrating plunges. Lottie cried out with wrenching pleasure, her hips lifting against his sleek weight as she was filled with volatile sensation. When the burning delight had begun to fade, Nick altered their positions subtly, moving farther over her, nudging her knees wider, adjusting the angle of his sex. He thrust deeply, sealing their bodies together, and circled his hips in a slow, steady rhythm. “I can’t,” Lottie said breathlessly, realizing what he wanted, knowing that it was impossible. “Let me,” Nick whispered, tireless and wickedly adept as he continued the gentle circling, using his body to pleasure her. She was astonished by how quickly the heat rose again, her senses welcoming the patient stimulation, her sex turning slick and swollen as he moved inside her, over her, against her. “Oh… oh…” The sounds were torn from her throat as she reached another crest, her limbs jerking, her cheek pressed hard against his shoulder. And then he began the entire cycle again. Nine shallow, one deep… Lottie lost count of how many times he brought her to ecstasy, or how much time passed while he made love to her. He whispered in her ear… endearments… intimate praise… telling her how hard she made him… how sweet she felt around him… how much he wanted to satisfy her. He gave her more pleasure than it seemed possible to bear, until finally she begged him to stop, her body trembling with exhaustion. Nick complied with reluctance, pushing deep inside one last time, releasing his pent-up desire with a shuddering groan. Compulsively he kissed her again, as he withdrew from her sated body. Lottie barely had the strength to lift her hand, but she caught at his arm and murmured thickly, “Will you stay?” “Yes,” she heard him say. “Yes.” -Lottie & Nick

No, she couldn’t blame this one on him. This one was entirely hers. She’d sent him running away. Everyone knew it, too, which was nowhere more apparent than in the carriage once they were all settled in and headed off. Lisette was unusually silent. The duke’s wooden expression said that he wished he could be anywhere else but here. And Tristan was studying her with a cold gaze. He did that for a mile or so before he spoke. “You’re a cruel woman, Jane Vernon.” “Tristan!” Lisette chided. “Don’t be rude.” “I’ll be as rude as I please to her,” he told his sister, with a jerk of his head toward Jane. “That man is mad for her, and she just keeps toying with him.” Guilt swamped Jane. And she’d thought that spending half a day trapped with Dom would be bad? She must have been dreaming. “It’s none of our concern,” Lisette murmured. “The hell it isn’t.” Tristan stared hard at Jane. “Is this about Nancy? About the fact that if she has a child, Dom will lose the title and the estate?” “No, of course not!” How dared he! “Tristan, please--” Lisette began. “That’s why you jilted him years ago, isn’t it?” Tristan persisted. “Because he no longer had any money, and you’d lose your fortune if you married him?” “I did not jilt him!” Jane shouted. An unnatural silence fell in the carriage, and she cursed her quick tongue. But really, this was all Dom’s fault for never telling his family the truth. She was tired of being made to look the villainess when she’d done nothing wrong. “What do you mean?” Lisette asked. Jane released an exasperated breath. “I mean, I did jilt him. But only because he tricked me into it.” When that brought a smug smile to Tristan’s face, she narrowed her eyes on him. “You knew.” “Not the details. I just knew something wasn’t right. But since it was clear that neither you nor my idiot brother were going to say anything without being prodded into it, I…er…did a bit of prodding.” He smirked at her. “You do tend to speak your mind when you get angry.” Jane scowled at him. “You’re just like him, manipulative and arrogant and--” “I beg to differ,” Tristan said jovially. “He’s just like me. I taught him everything he knows.” “Yes, indeed,” Lisette said with a snort. “You taught him to be as much an idiot as you.” She glanced from Tristan to Jane. “So, is one of you going to tell me what is going on? About the jilting, I mean?” Tristan cocked an eyebrow at Jane. “Well?” She sighed. The cat was out of the bag now. Might as well reveal the rest. So she related the whole tale, from Dom’s plotting with Nancy at the ball to George’s involvement to how she’d finally discovered the truth. When she finished, Tristan let out a low whistle. “Hell and thunder. My big brother has a better talent for deception than I realized.” “Not as good as you’d think,” Jane muttered. “If I hadn’t been so wounded and angry at the time, I would have noticed how…manufactured the whole thing felt.” Lisette patted her hand. “You were young. We were all more volatile then.” Her voice hardened. “And he hit you just where it hurt, the curst devil. No wonder you want to strangle him half the time. I would have strung him up by his toes if he’d done such a thing to me!

• No matter how open we as a society are about formerly private matters, the stigma around our emotional struggles remains formidable. We will talk about almost anyone about our physical health, even our sex lives, but bring depression, anxiety or grief , and the expression on the other person would probably be "get me out of this conversation" • We can distract our feelings with too much wine, food or surfing the internet, • Therapy is far from one-sided; it happens in a parallel process. Everyday patients are opening up questions that we have to think about for ourselves, • "The only way out is through" the only way to get out of the tunnel is to go through, not around it • Study after study shows that the most important factor in the success of your treatment is your relationship with the therapist, your experience of "feeling felt" • Attachment styles are formed early in childhood based on our interactions with our caregivers. Attachment styles are significant because they play out in peoples relationships too, influencing the kind of partners they pick, (stable or less stable), how they behave in a relationship (needy, distant, or volatile) and how the relationship tend to end (wistfully, amiably, or with an explosion) • The presenting problem, the issue somebody comes with, is often just one aspect of a larger problem, if not a red herring entirely. • "Help me understand more about the relationship" Here, here's trying to establish what’s known as a therapeutic alliance, trust that has to develop before any work can get done. • In early sessions is always more important for patients to feel understood than it is for them to gain any insight or make changes. • We can complain for free with a friend or family member, People make faulty narratives to make themselves feel better or look better in the moment, even thought it makes them feel worse over time, and that sometimes they need somebody else to read between the lines. • Here-and-now, it is when we work on what’s happening in the room, rather than focusing on patient's stories. • She didn't call him on his bullshit, which this makes patients feel unsafe, like children's whose parent's don’t hold them accountable • What is this going to feel like to the person I’m speaking to? • Neuroscientists discovered that humans have brain cells called mirror neurons, that cause them to mimic others, and when people are in a heightened state of emotion, a soothing voice can calm their nervous system and help them stay present • Don’t judge your feelings; notice them. Use them as your map. Don’t be afraid of the truth. • The things we protest against the most are often the very things we need to look at • How easy it is, I thought, to break someone’s heart, even when you take great care not to. • The purpose on inquiring about people's parent s is not to join them in blaming, judging or criticizing their parents. In fact it is not about their parents at all. It is solely about understanding how their early experiences informed who they are as adults so that they can separate the past from the present (and not wear psychological clothing that no longer fits) • But personality disorders lie on a spectrum. People with borderline personality disorder are terrified of abandonment, but for some that might mean feeling anxious when their partners don’t respond to texts right away; for others that may mean choosing to stay in volatile, dysfunctional relationships rather than being alone. • In therapy we aim for self compassion (am I a human?) versus self esteem (Am I good or bad: a judgment) • The techniques we use are a bit like the type of brain surgery in which the patient remains awake throughout the procedure, as the surgeons operate, they keep checking in with the patient: can you feel this? can you say this words? They are constantly calibrating how close they are to sensitive regions of the brain, and if they hit one, they back up so as not to damage it.

... Personally, I treasure my ignorance of how machinery works, although I am well aware that this is something of great interest to some people," he added, in a tone of voice that suggested he meant strange and secret people... busy people, excitable people, fiddling people, tinkering and volatile people. A kind, alas, who would say something as innocent as, let's give it a try, it can't hurt, surely? We can always hide under the coffee table.

accounting for their phenomena by their combinations, and making both eternal and obedient to eternal and immutable law. The speculations of men of science have carried them to the outermost verge of the physical universe. Behind them lie not only a thousand brilliant triumphs by which a part of Nature's secrets have been wrung from her, but also more thousands of failures to fathom her deep mysteries. They have proved thought material, since it is the evolution of the gray tissue of the brain, and a recent German experimentalist, Professor Dr. Jäger, claims to have proved that man's soul is "a volatile odoriferous principle, capable of solution in glycerine". Psychogen is the name he gives to it, and his experiments show that it is present not merely in the body as a whole, but in every individual cell, in the ovum, and even in the ultimate elements of protoplasm. I need hardly say to so intelligent

Alternatives to time-out Isolating children for a period of time has become a popular discipline strategy advocated by many child psychologists and pediatricians. However, newly adopted toddlers seem to be more upset than helped by time-outs. Time-outs are intended to provide an opportunity for both parents and children to calm down and change their behaviors, but it isn’t effective for children who do not have self-calming strategies. Isolation can be traumatic for a toddler who is struggling with grief and/or attachment, and so perceives time-out as further rejection. If the child becomes angrier or more withdrawn as a result of being timed-out, try another strategy. One alternative is for parents to impose a brief time-out on themselves by temporarily withdrawing their attention from their child. For example, the parent whose child is throwing toys stops playing, looks away, and firmly tells the child, “I can’t continue playing until you stop throwing your toys.” Sitting passively next to the child may be effective, especially if the child previously was engaged in an enjoyable activity with the parent. Another alternative to parent enforced time-outs is self-determined time-outs, where the child is provided the opportunity to withdraw from a conflict voluntarily or at least have some input into the time-out arrangement. The parent could say, “I understand that you got very upset when you had to go to your room yesterday after you hit Sara. Can you think of a different place you would like to go to calm down if you feel like getting in a fight?” If the child suggests going out on the porch, the next time a battle seems to be brewing, Mom or Dad can say, “Do you need to go outside to the porch and calm down before we talk more?” Some children eventually reach the level of self-control where they remove themselves from a volatile situation without encouragement from Mom or Dad. These types of negotiations usually work better with older preschoolers or school-age children than they do with toddlers because of the reasoning skills involved. As an alternative to being timed-out, toddlers also can be timed-in while in the safety of a parent’s lap. Holding allows parents to talk to their child about why she’s being removed from an activity. For example, the toddler who has thrown her truck at the cat could be picked up and held for a few minutes while being told, “I can’t let you throw your toys at Misty. That hurts her, and in our family we don’t hurt animals. We’ll sit here together until you’re able to calm down.” Calming strategies could incorporate music, back rubs, or encouraging the child to breathe slowly. Objects that children are misusing should also be removed. For example, in the situation just discussed, the truck could be timed-out to a high shelf. If parents still decide to physically remove their child for a time-out, it should never be done in a way or place that frightens a toddler. Toddlers who have been frightened in the past by closed doors, dark rooms, or a particular room such as a bathroom should never be subjected to those settings. I know toddlers who, in their terror, have literally trashed the furniture and broken windows when they were locked in their rooms for a time-out. If parents feel a time-out is essential, it should be very brief, and in a location where the child can be supervised.

Here’s what the Encyclopedia Galáctica has to say about alcohol. It says that alcohol is a colorless volatile liquid formed by the fermentation of sugars and also notes its intoxicating effect on certain carbon-based life forms.

Few investors have the disposition to say, “I’m actually fine if I lose 20% of my money.” This is doubly true for new investors who have never experienced a 20% decline. But if you view volatility as a fee, things look different. Disneyland tickets cost $100. But you get an awesome day with your kids you’ll never forget. Last year more than 18 million people thought that fee was worth paying. Few felt the $100 was a punishment or a fine. The worthwhile tradeoff of fees is obvious when it’s clear you’re paying one. Same with investing, where volatility is almost always a fee, not a fine. Market returns are never free and never will be. They demand you pay a price, like any other product. You’re not forced to pay this fee, just like you’re not forced to go to Disneyland. You can go to the local county fair where tickets might be $10, or stay home for free. You might still have a good time. But you’ll usually get what you pay for. Same with markets. The volatility/uncertainty fee—the price of returns—is the cost of admission to get returns greater than low-fee parks like cash and bonds. The trick is convincing yourself that the market’s fee is worth it. That’s the only way to properly deal with volatility and uncertainty—not just putting up with it, but realizing that it’s an admission fee worth paying. There’s no guarantee that it will be. Sometimes it rains at Disneyland. But if you view the admission fee as a fine, you’ll never enjoy the magic. Find the price, then pay it.

Artists can be a volatile mix of sensitivity, charm and narcissism. You might say most of them are ‘on the spectrum’. At least a lot of the great ones seem to be, so maybe that’s why I can’t say I’m great.

That wasn’t very nice,” I say to Lietta. She scoffs. “Since when do you care if Sewyn’s feelings get hurt?” Whoa. Low blow from the pipsqueak. Having had enough of the volatile reactions as of late, I say, “Listen up. I care about Sewyn. She’s a pain in the ass, but she’s our pain in the ass, and if I want to worry about her feelings, I for damn sure will.

Politicians are politicians. I say this to say that their careers are based on changing their stances, and depending on the environment in which they find themselves. It's just how it is in politics. Their industry is extremely volatile. But, the sad part is that the regular people are 'the product' in such an industry.

Dahlia,” he says, murmuring against my mouth. “I don’t want you to be ashamed of your darkness. I don’t want you to be afraid of it. I am not a delicate man. I am brash, volatile, controlling and demanding and I always, always get what I want.

Could you evolve into a star? Are you Number Two in a high-growth market - BCG’s ‘question mark’ position? The issue here is simple. Can you overtake the leader? Your chances are greater if: ★ your market share is not far below the leader’s; ★ you are gaining on the leader; ★ the leader makes an unexpected blunder; ★ the niche is young; ★ market positions are volatile and one or two large customers can swing it; ★ the market is growing very fast; ★ you understand the customers in the niche better; ★ even though you are in the same market, your approach is different and customers like it better; ★ your people have better empathy with the customers; ★ your approach has fatter margins than the leader, or would do so if you had the same volume of business; ★ you are better financed than the leader; ★ objective observers say your product is better; ★ the leader’s advantage rests on distribution advantages that you can gradually overcome; ★ key employees from the leader are defecting to you; ★ the leader is only dimly aware of the threat you pose.

Rock and his partner articulated an approach to risk management that would resonate with future venture capitalists. Modern portfolio theory, the set of ideas that was coming to dominate academic finance, stressed diversification: by owning a broad mix of assets exposed to a wide variety of uncorrelated risks, investors could reduce the overall volatility of their holdings and improve their risk-return ratio. Davis and Rock ignored this teaching: they promised to make concentrated bets on a dozen or so companies. Although this would entail obvious perils, these would be tolerable for two reasons. First, by buying just under half of a firm’s equity, the Davis & Rock partnership would get a seat on the board and a say in its strategy: in the absence of diversification, a venture capitalist could manage his risk by exercising a measure of control over his assets. Second, Davis and Rock insisted that they would invest only in ambitious, high-growth companies—ones whose value might jump at least tenfold in five to seven years. To critics who called this test excessively demanding, Davis retorted that it would be “unwise to accept a less stringent one.” Venture investing was necessarily speculative, he explained, and most startups would fail; therefore, the winners would have to win big enough to make a success of the portfolio.[25]

Okay, let’s take a look at these.” Her eyebrows furrow in concern. She holds up the first card. It portrays a thunderstorm. “Why did you choose this card?” Because this is how I feel on the inside, uncontrollable and volatile, on the brink of destroying everything around me. Instead, I say, “It looks cool.

By now, though, it had been a steep learning curve, he was fairly well versed on the basics of how clearing worked: When a customer bought shares in a stock on Robinhood — say, GameStop — at a specific price, the order was first sent to Robinhood's in-house clearing brokerage, who in turn bundled the trade to a market maker for execution. The trade was then brought to a clearinghouse, who oversaw the trade all the way to the settlement. During this time period, the trade itself needed to be 'insured' against anything that might go wrong, such as some sort of systemic collapse or a default by either party — although in reality, in regulated markets, this seemed extremely unlikely. While the customer's money was temporarily put aside, essentially in an untouchable safe, for the two days it took for the clearing agency to verify that both parties were able to provide what they had agreed upon — the brokerage house, Robinhood — had to insure the deal with a deposit; money of its own, separate from the money that the customer had provided, that could be used to guarantee the value of the trade. In financial parlance, this 'collateral' was known as VAR — or value at risk. For a single trade of a simple asset, it would have been relatively easy to know how much the brokerage would need to deposit to insure the situation; the risk of something going wrong would be small, and the total value would be simple to calculate. If GME was trading at $400 a share and a customer wanted ten shares, there was $4000 at risk, plus or minus some nominal amount due to minute vagaries in market fluctuations during the two-day period before settlement. In such a simple situation, Robinhood might be asked to put up $4000 and change — in addition to the $4000 of the customer's buy order, which remained locked in the safe. The deposit requirement calculation grew more complicated as layers were added onto the trading situation. A single trade had low inherent risk; multiplied to millions of trades, the risk profile began to change. The more volatile the stock — in price and/or volume — the riskier a buy or sell became. Of course, the NSCC did not make these calculations by hand; they used sophisticated algorithms to digest the numerous inputs coming in from the trade — type of equity, volume, current volatility, where it fit into a brokerage's portfolio as a whole — and spit out a 'recommendation' of what sort of deposit would protect the trade. And this process was entirely automated; the brokerage house would continually run its trading activity through the federal clearing system and would receive its updated deposit requirements as often as every fifteen minutes while the market was open. Premarket during a trading week, that number would come in at 5:11 a.m. East Coast time, usually right as Jim, in Orlando, was finishing his morning coffee. Robinhood would then have until 10:00 a.m. to satisfy the deposit requirement for the upcoming day of trading — or risk being in default, which could lead to an immediate shutdown of all operations. Usually, the deposit requirement was tied closely to the actual dollars being 'spent' on the trades; a near equal number of buys and sells in a brokerage house's trading profile lowered its overall risk, and though volatility was common, especially in the past half-decade, even a two-day settlement period came with an acceptable level of confidence that nobody would fail to deliver on their trades.

Truth is the thing you must not say.' She told me this. Known and unknown mourning for a volatile and impossible tongue. Between absence and presence. 'And is that love?' 'What does it matter? Love, a word.

And my work in this life? None of this will go unrecorded. I will see and say all of it, as clearly and deeply as I can, re-entering, lifting experience in the direction of another dimension of time, where everything I have loved can be known again, more fully, that my joy in it might increase as I take the measure of what I have lost. And my grief may increase as well; Alex and I loved each other, and held together through a troubled and volatile relation as best we could, and in a while we ended it. I truly wish him every good in this life. Sweet hell? Maybe, but so be it.

The purpose of this chapter is to explain what it means for skillful investors to add value. To accomplish that, I’m going to introduce two terms from investment theory. One is beta, a measure of a portfolio’s relative sensitivity to market movements. The other is alpha, which I define as personal investment skill, or the ability to generate performance that is unrelated to movement of the market. As I mentioned earlier, it’s easy to achieve the market return. A passive index fund will produce just that result by holding every security in a given market index in proportion to its equity capitalization. Thus, it mirrors the characteristics—e.g., upside potential, downside risk, beta or volatility, growth, richness or cheapness, quality or lack of same—of the selected index and delivers its return. It epitomizes investing without value added. Let’s say, then, that all equity investors start not with a blank sheet of paper but rather with the possibility of simply emulating an index. They can go out and passively buy a market-weighted amount of each stock in the index, in which case their performance will be the same as that of the index. Or they can try for outperformance through active rather than passive investing.

Look at stocks as part ownership of a business. 2. Look at Mr. Market—volatile stock price fluctuations—as your friend rather than your enemy. View risk as the possibility of permanent loss of purchasing power, and uncertainty as the unpredictability regarding the degree of variability in the possible range of outcomes. 3. Remember the three most important words in investing: “margin of safety.” 4. Evaluate any news item or event only in terms of its impact on (a) future interest rates and (b) the intrinsic value of the business, which is the discounted value of the cash that can be taken out during its remaining life, adjusted for the uncertainty around receiving those cash flows. 5. Think in terms of opportunity costs when evaluating new ideas and keep a very high hurdle rate for incoming investments. Be unreasonable. When you look at a business and get a strong desire from within saying, “I wish I owned this business,” that is the kind of business in which you should be investing. A great investment idea doesn’t need hours to analyze. More often than not, it is love at first sight. 6. Think probabilistically rather than deterministically, because the future is never certain and it is really a set of branching probability streams. At the same time, avoid the risk of ruin, when making decisions, by focusing on consequences rather than just on raw probabilities in isolation. Some risks are just not worth taking, whatever the potential upside may be. 7. Never underestimate the power of incentives in any given situation. 8. When making decisions, involve both the left side of your brain (logic, analysis, and math) and the right side (intuition, creativity, and emotions). 9. Engage in visual thinking, which helps us to better understand complex information, organize our thoughts, and improve our ability to think and communicate. 10. Invert, always invert. You can avoid a lot of pain by visualizing your life after you have lost a lot of money trading or speculating using derivatives or leverage. If the visuals unnerve you, don’t do anything that could get you remotely close to reaching such a situation. 11. Vicariously learn from others throughout life. Embrace everlasting humility to succeed in this endeavor. 12. Embrace the power of long-term compounding. All the great things in life come from compound interest.

Pro-risk, aggressive investors, for example, should be expected to make more than the index in good times and lose more in bad times. This is where beta comes in. By the word beta, theory means relative volatility, or the relative responsiveness of the portfolio return to the market return. A portfolio with a beta above 1 is expected to be more volatile than the reference market, and a beta below 1 means it’ll be less volatile. Multiply the market return by the beta and you’ll get the return that a given portfolio should be expected to achieve, omitting nonsystematic sources of risk. If the market is up 15 percent, a portfolio with a beta of 1.2 should return 18 percent (plus or minus alpha). Theory looks at this information and says the increased return is explained by the increase in beta, or systematic risk. It also says returns don’t increase to compensate for risk other than systematic risk. Why don’t they? According to theory, the risk that markets compensate for is the risk that is intrinsic and inescapable in investing: systematic or “non-diversifiable” risk. The rest of risk comes from decisions to hold individual stocks: non-systematic risk. Since that risk can be eliminated by diversifying, why should investors be compensated with additional return for bearing it? According to theory, then, the formula for explaining portfolio performance (y) is as follows: y = α + βx Here α is the symbol for alpha, β stands for beta, and x is the return of the market. The market-related return of the portfolio is equal to its beta times the market return, and alpha (skill-related return) is added to arrive at the total return (of course, theory says there’s no such thing as alpha). Although I dismiss the identity between risk and volatility, I insist on considering a portfolio’s return in the light of its overall riskiness, as discussed earlier. A manager who earned 18 percent with a risky portfolio isn’t necessarily superior to one who earned 15 percent with a lower-risk portfolio. Risk-adjusted return holds the key, even though—since risk other than volatility can’t be quantified—I feel it is best assessed judgmentally, not calculated scientifically.

To apply first principles thinking to the field of value investing, consider several fundamental truths. Understand and practice the following if you want to become a good investor: 1. Look at stocks as part ownership of a business. 2. Look at Mr. Market—volatile stock price fluctuations—as your friend rather than your enemy. View risk as the possibility of permanent loss of purchasing power, and uncertainty as the unpredictability regarding the degree of variability in the possible range of outcomes. 3. Remember the three most important words in investing: “margin of safety.” 4. Evaluate any news item or event only in terms of its impact on (a) future interest rates and (b) the intrinsic value of the business, which is the discounted value of the cash that can be taken out during its remaining life, adjusted for the uncertainty around receiving those cash flows. 5. Think in terms of opportunity costs when evaluating new ideas and keep a very high hurdle rate for incoming investments. Be unreasonable. When you look at a business and get a strong desire from within saying, “I wish I owned this business,” that is the kind of business in which you should be investing. A great investment idea doesn’t need hours to analyze. More often than not, it is love at first sight. 6. Think probabilistically rather than deterministically, because the future is never certain and it is really a set of branching probability streams. At the same time, avoid the risk of ruin, when making decisions, by focusing on consequences rather than just on raw probabilities in isolation. Some risks are just not worth taking, whatever the potential upside may be. 7. Never underestimate the power of incentives in any given situation. 8. When making decisions, involve both the left side of your brain (logic, analysis, and math) and the right side (intuition, creativity, and emotions). 9. Engage in visual thinking, which helps us to better understand complex information, organize our thoughts, and improve our ability to think and communicate. 10. Invert, always invert. You can avoid a lot of pain by visualizing your life after you have lost a lot of money trading or speculating using derivatives or leverage. If the visuals unnerve you, don’t do anything that could get you remotely close to reaching such a situation. 11. Vicariously learn from others throughout life. Embrace everlasting humility to succeed in this endeavor. 12. Embrace the power of long-term compounding. All the great things in life come from compound interest.

According to the academicians who developed capital market theory, risk equals volatility, because volatility indicates the unreliability of an investment. I take great issue with this definition of risk. It’s my view that—knowingly or unknowingly—academicians settled on volatility as the proxy for risk as a matter of convenience. They needed a number for their calculations that was objective and could be ascertained historically and extrapolated into the future. Volatility fits the bill, and most of the other types of risk do not. The problem with all of this, however, is that I just don’t think volatility is the risk most investors care about. There are many kinds of risk.... But volatility may be the least relevant of them all. Theory says investors demand more return from investments that are more volatile. But for the market to set the prices for investments such that more volatile investments will appear likely to produce higher returns, there have to be people demanding that relationship, and I haven’t met them yet. I’ve never heard anyone at Oaktree—or anywhere else, for that matter—say, “I won’t buy it, because its price might show big fluctuations,” or “I won’t buy it, because it might have a down quarter.” Thus, it’s hard for me to believe volatility is the risk investors factor in when setting prices and prospective returns. Rather than volatility, I think people decline to make investments primarily because they’re worried about a loss of capital or an unacceptably low return.

Purina’s exposure to the hog business was not limited at all. The volatile markets exposed that fact. In 1998, the US hog market experienced a shock comparable to the stock market crash of 1929—a market convulsion that obliterated all the rules everyone thought applied to the business. The root of the problem could be traced to the very industrialization that created Purina Mills’ feed business in the first place. Now that hogs were raised on factory farms, the supply of animals was enormous and inflexible. Farmers were raising herds of tens or even hundreds of thousands of pigs. When prices started to fall, these industrial farms couldn’t adapt quickly. They had mortgage payments to meet on the big pig houses, and they needed to keep production high. Factory farms were a machine that wasn’t easily turned off. The flow of pigs continued into the slaughterhouses, and prices fell even further. Then everything spun out of control. Hog prices plummeted, sucking the entire business into the ground almost instantly. The price of hogs fell from about 53 cents per pound to 10 cents per pound in a matter of months. When adjusted for inflation, this was the lowest price for pigs in US history. It cost far more to raise a pig than the animal was worth. Purina Mills should have been insulated against this crisis. It only sold feed, not the hogs themselves. But with its decision in 1997 to start buying baby hogs, Purina had exposed itself to the risk of falling pork prices. Dean Watson began to discover just how large that exposure was. As one farm economist put it at the time, the rational number of hogs to own in 1998 was zero. Purina discovered this fact quickly. It bought baby hogs, and turned around to sell them to the farmers. But there were no buyers. The farmers refused to take them. “The people who we were supposed to be selling the pigs to were basically saying: ‘Sue me.’ The people we had bought the pigs from were saying: ‘You’re not getting out of my contract or I am suing you,’ ” Watson said. “All of this ownership risk that I was assured didn’t exist started to just come out of the woodwork.

To produce even steadier returns, we hedged the overall risk from our entire collection of hedges by neutralizing the impact on our portfolio of shifts in interest rates (across the spectrum of quality and maturity). We also offset the danger to the portfolio from sudden large shifts in overall stock market prices and in the volatility level of the market. From the 1980s on, some of these techniques came into usage by modern investment banks and hedge funds. They also adopted a notion we rejected, called VaR or “value at risk,” where they estimated the damage to their portfolio for, say, the worst events among the most likely 95 percent of future outcomes, neglecting the extreme 5 percent “tails,” then acted to reduce any unacceptably large risks. The defect of VaR alone is that it doesn’t fully account for the worst 5 percent of expected cases.

If Benartzi and Thaler are right, the implication is critical: Long-term investors (individuals who evaluate their portfolios infrequently) are willing to pay more for an identical risky asset than short-term investors (frequent evaluation). Valuation depends on your time horizon. This may be why many long-term investors say they don’t care about volatility. Immune to short-term squiggles, these investors hold stocks long enough to get an attractive probability of a return and, hence, a positive utility.

if your business ecosystem seems stable, don't be lulled into a potentially false sense of security. Big changes can happen very quickly. Don't confuse low volatility with low risk. Andy Grove, former Intel CEO, was fond of saying "Only the paranoid survive." These are wise words. Models used in business often do very well in periods of stability, but fail miserably in times of sudden changes. They work well when you don't need them and fail when you need them the most.

The Shape of the Returns Distribution The first important stylized fact for daily returns is a remark about their distribution: 1. The distribution of returns is not normal. Instead, we can say of the distribution that it is approximately symmetric; it has fat tails; it has a high peak.

Contemplatives have long taught that mastering the volatile human spirit is the key to serenity. "It is better to conquer yourself than to win a thousand battles," the Buddha taught. "He who is slow to anger is better than the mighty, and he who rules his spirit than he who captures a city," says Proverbs 16:32 NASB. In our increasingly fragmented, chatter-filled world, the quest to live and think deeply requires concerted acts of self-control. Staying grounded means growing some serious roots.

all I’m saying is there’s gold out there, somewhere, and I’m not eager for the same fate, but here I am, still swinging away

So you’ve run off from him, have you?” Beatrix asked, smoothing the wiry ruff on his head. “Naughty boy. I suppose you’ve had a fine old time chasing rabbits and squirrels. And there’s a damaging rumor about a missing chicken. You had better stay out of poultry yards, or it won’t go well for you in Stony Cross. Shall I take you home, boy? He’s probably looking for you. He--” She stopped at the sound of something…someone…moving through the thicket. Albert turned his head and let out a happy bark, bounding toward the approaching figure. Beatrix was slow to lift her head. She struggled to moderate her breathing, and tried to calm the frantic stutters of her heart. She was aware of the dog bounding joyfully back to her, tongue dangling. He glanced back at his master as if to convey Look what I found! Letting out a slow breath, Beatrix looked up at the man who had stopped approximately three yards away. Christopher. It seemed the entire world stopped. Beatrix tried to compare the man standing before her with the cavalier rake he had once been. But it seemed impossible that he could be the same person. No longer a god descending from Olympus…now a warrior hardened by bitter experience. His complexion was a deep mixture of gold and copper, as if he had been slowly steeped in sun. The dark wheaten locks of his hair had been cut in efficiently short layers. His face was impassive, but something volatile was contained in the stillness. How bleak he looked. How alone. She wanted to run to him. She wanted to touch him. The effort of standing motionless caused her muscles to tremble in protest. She heard herself speak in a voice that wasn’t quite steady. “Welcome home, Captain Phelan.” He was silent, staring at her without apparent recognition. Dear Lord, those eyes…frost and fire, his gaze burning through her awareness. “I’m Beatrix Hathaway,” she managed to say. “My family--” “I remember you.” The rough velvet of his voice was a pleasure-stroke against her ears. Fascinated, bewildered, Beatrix stared at his guarded face. To Christopher Phelan, she was a stranger. But the memories of his letters were between them, even if he wasn’t aware of it. Her hand moved gently over Albert’s rough fur. “You were absent in London,” she said. “There was a great deal of hullabaloo on your behalf.” “I wasn’t ready for it.” So much was expressed in that spare handful of words. Of course he wasn’t ready. The contrast would be too jarring, the blood-soaked brutality of war followed by a fanfare of parades and trumpets and flower petals. “I can’t imagine any sane man would be,” she said. “It’s quite an uproar. Your picture is in all the shop windows. And they’re naming things after you.” “Things,” he repeated cautiously. “There’s a Phelan hat.” His brows lowered. “No there isn’t.” “Oh, yes there is. Rounded at the top. Narrow-brimmed. Sold in shades of gray or black. They have one featured at the milliner’s in Stony Cross.” Scowling, Christopher muttered something beneath his breath.

I’ll escort you to London in a few days, if you like. I had already planned to go there to see Prudence Mercer.” Audrey frowned. “Oh.” Christopher gave her a questioning glance. “I gather your opinion of her has not changed.” “Oh, it has. It’s worsened.” He couldn’t help but feel defensive on Prudence’s behalf. “Why?” “For the past two years, Prudence has earned a reputation as a shameless flirt. Her ambition to marry a wealthy man, preferably a peer, is known to everyone. I hope you have no illusions that she pined for you in your absence.” “I would hardly expect her to don sackcloth while I was gone.” “Good, because she didn’t. In fact, from all appearances you slipped from her mind completely.” Audrey paused before adding bitterly, “However, soon after John passed away and you became the new heir to Riverton, Prudence evinced a great deal of renewed interest in you.” Christopher showed no expression as he puzzled over this unwelcome information. It sounded nothing like the woman who had corresponded with him. Clearly Prudence was the victim of vicious rumors--and in light of her beauty and charm, that was entirely expected. However, he had no desire to start an argument with his sister-in-law. Hoping to distract her from the volatile subject of Prudence Mercer, he said, “I happened to meet one of your friends today, when I chanced upon her during a walk.” “Who?” “Miss Hathaway.” “Beatrix?” Audrey looked at him attentively. “I hope you were polite to her.” “Not especially,” he admitted. “What did you say to her?” He scowled into his teacup. “I insulted her hedgehog,” he muttered. Audrey looked exasperated. “Oh, good God.

How long do you intend for us to wait? Obviously you’re not perfect, but--” “‘Not perfect’ is having a bald spot or pockmarks. My problems are a bit more significant than that.” Beatrix answered in an anxious tumble of words. “I come from a family of flawed people who marry other flawed people. Every one of us has taken a chance on love.” ‘I love you too much to risk your safety.” “Love me even more, then,” she begged. “Enough to marry me no matter what the obstacles are.” Christopher scowled. “Don’t you think it would be easier for me to take what I want, regardless of the consequences? I want to hold you every night. I want to make love to you so badly I can’t even breathe. But I won’t allow any harm to come to you, especially from my hands.” “You wouldn’t hurt me. Your instincts wouldn’t let you.” “My instincts are those of a madman.” Beatrix wrapped her arms around her bent knees. “You’re willing to accept my problems,” she said dolefully, “but you won’t allow me to accept yours.” She buried her face in her arms. “You don’t trust me.” “You know that’s not the issue. I don’t trust myself.” In her volatile state, it was difficult not to cry. The situation was so vastly unfair. Maddening. “Beatrix.” Christopher knelt beside her, drawing her against him. She stiffened. “Let me hold you,” he said near her ear. “If we don’t marry, when will I see you?” she asked miserably. “On chaperoned visits? Carriage drives? Stolen moments?” Christopher smoothed her hair and stared into her swimming eyes. “It’s more than we’ve had until now.” “It’s not enough.” Beatrix wrapped her arms around him. “I’m not afraid of you.” Gripping the back of his shirt, she gave it a little shake for emphasis. “I want you, and you say you want me, and the only thing standing in our way is you. Don’t tell me that you survived all those battles, and suffered through so much, merely to come home for this--” He laid his fingers against her mouth. “Quiet. Let me think.” “What is there to--” “Beatrix,” he warned.

When it comes to Canis Lupus. Unmated males can be volatile and unpredictable. Giving them boundaries helps them keep their wolf in check. The other reason is a mated female is not to be touched by another male unless her mate says it is okay; that is just another way to prevent fights. I know it doesn’t make sense to you and seems archaic, but there is an animal that lives inside us and that animal has to be kept under control. The human part of me is what kept me from tearing Boian to shreds. The wolf would not have shown mercy, which is what sets us apart from full-blood wolves,” he answered.

No solution will be found by accepting powerlessness or poverty as inevitable, irreplaceable social features. The failure of the system to answer the issues we now confront is the root of social anxiety. One can say, with some confidence, that those who are shaping the dominant discourse do not care nearly enough. Because of the inverted and vacuous leadership we now have, we can only be sure of change if we, as individuals, are prepared to confront the shadow of our subconscious agendas and biases elusive to our awareness. Violence is the volatile unmasking of things not confronted, nor encountered with reason or love. Louis D. Lo Praeste. Vague Apocalyptica (Kindle Locations 411-415). Snow Creek Press.

And sometimes, saying nothing says more than what can be said

I think I'm different. I've got alpha, baby...I think I can find the profits of surprise, the yield of real knowledge. Everyone says that, of course, but most investors are all beta--just volatility, just the random motion of the surf...they get killed. To generate alpha, I need help, direction, signposts, analysts, and sometimes even brandy-toting salesmen.

1. Winning too much: The need to win at all costs and in all situations—when it matters, when it doesn’t, and when it’s totally beside the point. 2. Adding too much value: The overwhelming desire to add our two cents to every discussion. 3. Passing judgment: The need to rate others and impose our standards on them. 4. Making destructive comments: The needless sarcasms and cutting remarks that we think make us sound sharp and witty. 5. Starting with “No,” “But,” or “However”: The overuse of these negative qualifiers which secretly say to everyone, “I’m right. You’re wrong.” 6. Telling the world how smart we are: The need to show people we’re smarter than they think we are. 7. Speaking when angry: Using emotional volatility as a management tool. 8. Negativity, or “Let me explain why that won’t work”: The need to share our negative thoughts even when we weren’t asked. 9. Withholding information: The refusal to share information in order to maintain an advantage over others. 10. Failing to give proper recognition: The inability to praise and reward. 11. Claiming credit that we don’t deserve: The most annoying way to overestimate our contribution to any success. 12. Making excuses: The need to reposition our annoying behavior as a permanent fixture so people excuse us for it. 13. Clinging to the past: The need to deflect blame away from ourselves and onto events and people from our past; a subset of blaming everyone else. 14. Playing favorites: Failing to see that we are treating someone unfairly. 15. Refusing to express regret: The inability to take responsibility for our actions, admit we’re wrong, or recognize how our actions affect others. 16. Not listening: The most passive-aggressive form of disrespect for colleagues. 17. Failing to express gratitude: The most basic form of bad manners. 18. Punishing the messenger: The misguided need to attack the innocent who are usually only trying to help us. 19. Passing the buck: The need to blame everyone but ourselves. 20. An excessive need to be “me”: Exalting our faults as virtues simply because they’re who we are.

Our apocalyptic fiction depicts a world in which humans revert to the savagery of the jungle the moment our institutions fall, survivors tearing each other to pieces even as they are dying of plague or stalked by the undead. In our real history, we have been in that situation many times—left without government or law enforcement, none of the modern institutions we take for granted. From each of these scenarios what emerged was not savagery, but cooperation. When the pillars of our culture crumble, we rebuild them. [...] Mankind is, and always has been, much greater than the sum of its parts. A lone human may appear to be nothing special if observed, say, blearily standing in line at a convenience store at two in the morning, or spitefully ripping a toy from the hands of a middle-aged woman in the chaos of a Black Friday sale. Yet, the combined efforts of these confused and volatile primates result in gleaming cities and majestic flying carriages. They have split the atom and peered across the universe. In the blink of an eye, they have acquired the powers of gods. This, I believe, is the fate of humanity: to colonize the stars over the next thousand years, to set down settlements in our solar system and others. Then, many centuries from now, one of our descendants will be strolling along some marvelous domed paradise on some distant planet and will see a drunken youth in offensive clothing, vomiting in an alley outside a pub. The man will look sidelong at the youth in that shameful state, shake his head, and mutter to himself that humanity is a ridiculous, doomed species, incapable of anything worthwhile. He will believe it, because the true, wonderful, terrible, fearsome power of humanity is otherwise almost too much to comprehend. I recognize that not all of you share my faith, but you must admit that if gods are real and have observed humanity’s evolution from afar, they must shudder at the possibilities.

says the thrill of the raid may factor into why narcotics cops just don’t consider less volatile means of serving search warrants. “The thing is, it’s so much safer to wait the suspect out,” he says. “Waiting people out is just so much better. You’ve done your investigation, so you know their routine. So you wait until the guy leaves, and you do a routine traffic stop and you arrest him. That’s the safest way to do it. But you have to understand that a lot of these cops are meatheads. They think this stuff is cool. And they get hooked on that jolt of energy they get during a raid.”54

Chris Krueger, long-time Capitol Hill watcher for Guggenheim Securities, says the people expecting this kind of kumbaya moment are “Pollyannas”. He said: “My reading of the White House is that they already feel pretty good about their legacy, having done what no administration since Harry Truman has done and extended access to healthcare.” These are the facts on the ground, which bode ill for investors, but there is a conundrum: history suggests we are at a point in the political cycle when markets usually do well. After some volatility around the midterms, the stock market has historically settled into a very strong year in the third year of the presidential cycle, according to an analysis by Jeff Hirsch, editor of the Stock Trader’s Almanac. Sweeping in 180 years of data on the Dow Jones Industrial Average and predecessor indices, he calculates the average Year 3 gain to be 10.4 per cent, almost double the next best year, the presidential election year itself.

Diana’s world may be characterized as an unstable equilibrium; the unhappiness of her marriage balanced by the satisfaction she finds in her royal work, particularly among the sick and the dying; the suffocating certainties of the royal system matched by her growing self-confidence in using the organization for the benefit of her work. Her thinking about her royal position changes by the month. However, while the graph of her progress shows various ups and downs, the general trend over the past year has been towards staying within rather than leaving the organization. She now feels impatience with the creaking machinery of monarchy rather than despair, business-like indifference towards Prince Charles as opposed to shrinking deference and cool disregard of Camilla Parker-Bowles rather than jealous rage. It is by no means a consistent development but her growing interest in how to control and reform the system as well as her serious commitment to use her position to do good in the world point to staying rather than taking flight. At the same time the Duchess’s departure merely adds another element of uncertainty in an already precarious position. It is not an issue for complacency. The Princess can be a volatile, impatient young woman whose moods regularly swing from optimism to despair. As astrologer Felix Lyle says: “She is prone to depression, a woman who is easily defeated and dominated by those with a strong character. Diana has a self-destructive side. At any moment she could say ‘to hell with the lot of you’ and go off. The potential is there. She is a flower waiting to bud.

We should remember why those programs were started: before the arrival of Medicare and Social Security, the private sector left most elderly bereft of support, the market for annuities essentially didn’t exist, and the elderly couldn’t get health insurance. Even today, the private sector doesn’t provide the kind of security that Social Security provides—including protection against market volatility and inflation. And the transactions costs of the Social Security Administration are markedly lower than those in the private sector. In addition, many of the people who receive government benefits without paying for them are our young, obviously unable to pay, say, for their own education. But spending on them is an investment in the country’s future. An

For me, radio was a space for reflection. On the air, I submerged myself in music and literature. I listened along with my audience; I read to myself and to them, I discussed all kinds of ideas with total strangers. It was the perfect medium: intense, warm, interactive, and highly volatile. From my very first session in the broadcast studio, I felt like I was in a time capsule, a sensory-deprivation chamber. It was a protective bubble where nothing and no one could touch me. The semidarkness, the illuminated panel, and the on-air light combined to create a cozy, womblike environment, a sort of cosmic solitude. I had the sensation of floating in space, completely isolated from the real world. My only human contact was with the disembodied voices of callers. Everything seemed dusted with an ethereal—yes, I'll say it—ghostly quality. I could touch and hear the whole world, while no one could be sure of my existence; I was just one more voice in the teeming concert of hertzian waves. It was a land of the blind, where we were guided by sounds and voices, and space took the shape our words gave it. We transformed it with every description, comment, insult, or digression. It was almost like death, floating aimlessly at night, listening to spectral voices that in turn spoke about specters, indifferent to their own condition.

Reducing physical aggression One of your son’s really annoying habits might be a tendency to hit or kick or push or grab when he is frustrated or angry. This is quite typical behaviour for an impulsive, very physical boy. He can get overwhelmed by his upset feelings. He may aim his blows for maximum impact, or he may be lashing out indiscriminately, not really knowing what he is doing. Either way, for his own sake and for the sake of everyone around him, you want to help him develop better impulse-control. The more you talk about his hitting, the more your son will think of himself as someone who hits and someone who gets told off for it. Instead, I want you to Descriptively Praise him when he is not hitting, kicking, biting, pushing, etc. You might be thinking, ‘But when he’s not hitting it’s because he’s not even angry. He’s not even thinking of hitting, so why take a chance and remind him that he could be hitting right now?’ You might prefer to say nothing at all about his misbehaviour. I’m asking you to notice and mention the absence of the negative, which I know seems very counter-intuitive. And if the annoying behaviour is a recurring problem, you will need to notice and mention when he is not doing it wrong many times a day. At odd times throughout the day, even when he is not upset and therefore not even tempted to be aggressive, you could simply say:   You’re not hitting.   You’re keeping your arms and legs to yourself.   When the baby knocked down your tower, you screamed, but you didn’t hit or kick. That showed self-control.   When he is angry but not reacting physically, you could add, ‘You’re controlling yourself,’ or ‘You’re not hurting anyone,’ (and remember to keep your distance if you can see, or even just sense, that he is in a volatile mood and might become aggressive).

i, like the stars, know what it means to be devoured from the inside out. i know what it means to be on fire & not emit any light. here i am / trying to be less volatile, less violent. i’m saying that

One day', he said, 'the King of the Butterflies sent an emissary to discover the nature of fire. Some time later the emissary returned, saying that he had discovered fire, that he had found it a volatile, enraged substance, and that he had been too afraid to get any closer. So a second emissary set off, who soon returned exhausted, half mad, his wings singed, but the King was still not satisfied and sent his own son off, telling him not to return until he had discovered what fire really is. The son set off, but never returned. The King was satisfied — his son had discovered the true nature of fire.

Anthropology supports this bleak assessment of the human psyche. With few exceptions, there are no harmless people, and the savage mind, whatever its virtues, is often prey to unconscious forces and raw emotions (and is therefore the author of savage behavior). A review of the anthropological literature reveals three seemingly universal tendencies of the human mind: we are prone to superstition and magical thinking, we are predisposed to paranoia, and we project our own hostility onto others.4 In essence, says Melvin Konner, chronic fear pervades the psyche and drives human behavior.5 Although the last word has yet to be spoken, there seems to be an emerging scientific consensus: we humans are a volatile mix of animal, primal, and civil—a tangle of emotions and drives that all but guarantees inner and outer conflicts.

Say as they will; Mars may or may not be the planet of war; Jupiter may or may not preside over the plane of judicial intellect; and Mercury may or may not rule the selves of mechanics and inventors and those of excitable, volatile natures—but this is certain: Earth, that gray old planet that shines with the strange green radiance in the night skies, is unquestionably the abode of the true adventurers.

Of course,” he says, “we have no idea, now, of who or what the inhabitants of our future might be. In that sense, we have no future. Not in the sense that our grandparents had a future, or thought they did. Fully imagined cultural futures were the luxury of another day, one in which ‘now’ was of some greater duration. For us, of course, things can change so abruptly, so violently, so profoundly, that futures like our grandparents’ have insufficient ‘now’ to stand on. We have no future because our present is too volatile.

As I travel around the financial services industry today, the most interesting trend I see is the one toward relationship consolidation. Now that Glass-Steagall has been repealed, and all financial services providers can provide just about all financial services, there's a tendency - particularly as people get older - to want to tie everything up... to develop a plan, which implies having a planner. A planner, not a whole bunch of 'em... You've got basically two options. One is that you can sit here and wait for a major investment firm, which handles your client's investment portfolio while you handle the insurance, to bring their developing financial and estate planning capabilities to your client's door. And to take over the whole relationship. In this case, you have chosen to be the Consolidatee. A better option is for you to be the Consolidator. That is, you go out and consolidate the clients' financial lives pursuant to a really great plan - the kind you pride yourselves on. And of course that would involve your taking over management of the investment portfolio. Let's start with the classic Ibbotson data [Stocks, Bonds, Bills and Inflation Yearbook, Ibbotson Associates]. In the only terms that matter to the long-term investor - the real rate of return - he [the stockholder] got paid more like three times what the bondholder did. Why would an efficient market, over more than three quarters of a centry, pay the holders of one asset class anything like three times what it paid the holders of the other major asset class? Most people would say: risk. Is it really risk that's driving the premium returns, or is it volatility? It's volatility.... I invite you to look carefully at these dirty dozen disasters: the twelve bear markets of roughly 20% or more in the S&P 500 since the end of WWII. For the record, the average decline took about thirteen months from peak to trough, and carried the index down just about 30%. And since there've been twelve of these "disasters" in the roughly sixty years since war's end, we can fairly say that, on average, the stock market in this country has gone down about 30% about one year in five.... So while the market was going up nearly forty times - not counting dividends, remember - what do we feel was the major risk to the long-term investor? Panic. 'The secret to making money in stocks is not getting scared out of them' Peter Lynch.

Maybe you can change the proportions, but a hospital still smells the same. Blood—oxygenated by contact with the air—is the first thing the body’s warning system perceives. A smell of old iron, a smell you can almost taste. Thick and repugnant. The smell of danger. In a biological animal reaction that has allowed the human race to survive, the oldest parts of our brain, the limbic system and the hypothalamus, associate the smell of blood with an emergency. Either we’re wounded, or we’ve wounded the prey we came to hunt. The message says to hide or attack. To treat the wound, or kill. That’s why a hospital puts us on alert, because it smells like blood. Or so we think. In truth, the hospital smell is a mix of blood, alcohol, disinfectant, and chlorine, alongside the ketones given off by certain sick bodies—very volatile and thus very expansive—and gases like oxygen and nitrogen, and of course the medications used to treat the patients. However you alter the proportions in that mix, strangely enough, all hospitals smell the same. Of blood, fear, anxiety, and despair".

Don't react. Respond instead. Exercise some forethought into what you're about to say and do.

Christopher. It seemed the entire world stopped. Beatrix tried to compare the man standing before her with the cavalier rake he had once been. But it seemed impossible that he could be the same person. No longer a god descending from Olympus... now a warrior hardened by bitter experience. His complexion was a deep mixture of gold and copper, as if he had been slowly steeped in sun. The dark wheaten locks of his hair had been cut in efficiently short layers. His face was impassive, but something volatile was contained in the stillness. How bleak he looked. How alone. She wanted to run to him. She wanted to touch him. The effort of standing motionless caused her muscles to tremble in protest. She heard herself speak in a voice that wasn't quite steady. "Welcome home, Captain Phelan." He was silent, staring at her without apparent recognition. Dear Lord, those eyes... frost and fire, his gaze burning through her awareness. "I'm Beatrix Hathaway," she managed to say. "My family-" "I remember you." The rough velvet of his voice was a pleasure-stroke against her ears. Fascinated, bewildered, Beatrix stared at his guarded face. To Christopher Phelan, she was a stranger. But the memories of his letters were between them, even if he wasn't aware of it.

Had the mission system proved successful—and by the 1830s it had had more than sixty years to do so—a steady stream of Hispanicized Native Americans should long since have been transferring into the civil population of California. This never happened. Either the Indians died off, or they became permanently missionized (which is to say, wards of the Franciscans), or they fled into the interior. Mission culture remained volatile

The dispassionate economist would look at income volatility and say it’s not necessarily a problem in and of itself. People should just save and borrow as necessary to cope with the spikes and dips in income. But to do that kind of saving and borrowing, you have to have access to affordable, quality financial services designed for those purposes. Many people don’t. But even when families have tools to cope with their financial ups and downs (be it by saving, borrowing, or earning more), volatility brings costs.