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| Chuck Norris & Finances by w1ld at 4:12 pm EDT, May 3, 2009 | |||
* Chuck Norris does not mark to market. The market marks to Chuck. * Chuck Norris does not go bankrupt. Chuck Norris ruptures banks. * Source of hedge fund survivorship bias?: Funds that pay Chuck Norris 2 and 20 survive; others don’t. * Private equity: Chuck Norris does not believe in leverage. Chuck Norris believes in crowbars. * Investment banking: No-one defers Chuck Norris’s compensation. * Capital structure: No-one subordinates Chuck Norris. All his equity is preferred. * If Chuck Norris devised the bank stress tests, not even the Treasury Department would survive. | |||
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