marked to make believe adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A...
“Go fly a kite!” A caller from Washington, D.C. wonders whose kite is getting flown and why. Naturally, we have some ideas! Here’s a copy of the cartoon Grant mentions (from the Chicago Tribune May 15, 1927, p. G2). This is part of...
mark to myth n.— «Banking auditors are watching carefully to ensure bank valuations based on in-house mathematical models are not, in the phrase coined by Warren Buffett, “mark to myth.” In the backwash of the credit crisis, U...
bandonym n.— «More singer-songwriters have noticed that you don’t need a “bandonym” (in critic Carl Wilson’s useful coinage) to wrap yourself in myth.» —“The Writ Stuff” by Franklin...
marked to myth adj.— «For example, a financial asset traded on multiple exchanges might be considered a Level 1 market. At the other end of the spectrum, “Level 3,” no ready market exists to value assets or liabilities. A reporting unit...
emplotment n.— «The types of stories that can be told about the French Revolution are limited to the number of modes of emplotment which the myths of the Western literary tradition sanction as appropriate ways of endowing human processes...