"I get cast gay a fair amount throughout my life. It's not the first time. Matt [Letscher] was kind of like, 'Jeff, um, I'm gonna pretend this is real easy and not a problem, but I've never done this at all.' And so you know, we were awkward for a while. And then he said, 'Let's go for it. Come on. I'm gonna pretend you're my girlfriend, my wife. Here we go.' And we had a lot of fun."

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The four most dangerous words in finance are 'this time is different.' Thanks to this masterpiece by Carmen Reinhart at the University of Maryland and Kenneth Rogoff of Harvard, no one can doubt this again. . . . The authors have put an immense amount of work into collecting the data financial institutions needed if they were to have any chance of making quantitative risk management work.

— Martin Wolf