Thursday, April 28, 2011

The Fascinating Oscar Wilde


"It is better to have a permanent income than to be fascinating." - Oscar Wilde

at

2 comments:

  1. JazzbumpaApril 28, 2011 at 9:40 AM

    Back in the day, the British Government issued perpetual bonds. That's right - they paid a coupon rate FOR EVER.

    Hence the term, "coupon clippers" for the leeches of society, if I have this right.

    Cheers!
    JzB

    ReplyDelete
  2. The ArthurianApril 28, 2011 at 10:04 AM

    Perpetuals, I know... And oddly, they are able to calculate the "present value" of such bonds.

    ReplyDelete

The spam filter's been acting up again lately. I'm aware, and checking it often.
Oh, what fun they must have with this at Blogger!