Delta: We never make the same mistake three times.
There are challenges in terms of the measurement of VAR for what are known as nonlinear derivatives, where things like gamma and vega are important dimensions of the risk.
I always wanted to grow up fast. I longed for more than the Mississippi Delta could give.
The Father of Waters [the Mississippi River] again goes unvexed to the sea.
After the Confederate defeat at Vicksburg, VA, Lincoln wrote:
I grew up in Mobile, Alabama - somebody's got to be from Mobile, right? - and Mobile sits at the confluence of five rivers, forming this beautiful delta. And the delta has alligators crawling in and out of rivers filled with fish and cypress trees dripping with snakes, birds of every flavor.
I've always been fascinated by the Mississippi River and the way of life in these small river towns.
I feel like so much of what happened in the Delta over the decades since slavery was abolished seems much closer in the Delta, and maybe that's because sharecropping was a fairly recent phenomena. I feel like the past is closer and it bears even more heavily on the present there than it does in the rest of the state.
Flying over New Orleans on our approach, I got it. There was no view of land without water - water in the great looming form of Lake Pontchartrain, water cutting through in tributaries, water flowing beside a long stretch of highway, water just - everywhere.