Financial sonnets

Posted by Jim in Other stuff, Business thinking at July 31st, 2007

Capital Chronicle’s RJH Adams - a UK investment manager and blogger operating from Grenoble - has turned his hand to poetry and doggerel. Here’s his latest effort:

Shall I compare thee to a margin call?
Thou art more subtle though less temperate.
Rough iTraxx does shake the darling hedges of summer,
And Bear Stearns’ lease hath all too short a date.

Sometime too hot the eye of credit derivative shines,
And often is his subprime complexion dimm’d;
And every REIT from REIT some time declines,
By fright, or forced-selling’s changing course, tanked-out;

But thy eternal cycle shall not fade
Nor lose possession of that danger thou ow’st;
Nor shall Death brag thou couldn’st trim his credit lines
When in eternal lines to time thou has always’st:

So long as men can over-leverage in hand with prime brokers,
So long lives this, and this gives life to thee.

Methinks another competition beckons - details to be announced soon.

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