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I had never seen the word "tranche" before. I looked it up. My vocabulary is improved, although I don't think it is properly applied in this case, at least not based on the definitions I found.
Yet another gap in my education.You didn’t watch The Big Short? Ryan Gossling explained it.
I thought you used to be a reporter/columnist or someone that was, you know, familiar with the written word?I had never seen the word "tranche" before. I looked it up. My vocabulary is improved, although I don't think it is properly applied in this case, at least not based on the definitions I found.
Indeed. And not reluctant to say so when I encounter an unfamiliar one.I thought you used to be a reporter/columnist or someone that was, you know, familiar with the written word?
The book is great too. I'm a huge fan of Michael Lewis.Yet another gap in my education.