Quotes About Market

I wanted to avoid the perception of a "Bernanke put" if at all possible.

But I thought a slowdown or modest reversal of house price appreciation was more likely than a sharp decline.

During the FDR administration, economic policy was set from the top; ignoring the injunction by economically laissez-faire thinkers that no set of individuals can know more than the entire market at large, FDR and his cadre of geniuses lengthened the Great Depression by nearly a decade by manipulating the currency, setting wages and prices, and bullying those who objected into silence.

The intelligent investor is a realist who sells to optimists and buys from pessimists.

In the short run, the market is a voting machine but in the long run, it is a weighing machine.

People who invest make money for themselves; people who speculate make money for their brokers.

Buy cheap and sell dear.

A stock is not just a ticker symbol or an electronic blip; it is an ownership interest in an actual business, with an underlying value that does not depend on its share price.

The intelligent investor realizes that stocks become more risky, not less, as their prices rise—and less risky, not more, as their prices fall. The intelligent investor dreads a bull market, since it makes stocks more costly to buy. And conversely (so long as you keep enough cash on hand to meet your spending needs), you should welcome a bear market, since it puts stocks back on sale. 8

In other words, the market is not a weighing machine, on which the value of each issue is recorded by an exact and impersonal mechanism, in accordance with its specific qualities. Rather should we say that the market is a voting machine, whereon countless individuals register choices which are the product partly of reason and partly of emotion.

subsequently stated that al-Qaeda was working through the central Asian black market to acquire a nuclear weapon and/or fissile material.

Some economists, when thinking about long memory, are concerned that it undercuts the Efficient Market Hypothesis that prices fully reflect all relevant information; that the random walk is the best metaphor to describe such markets; and that you cannot beat such an unpredictable market. Well, the Efficient Market Hypothesis is no more than that, a hypothesis. Many a grand theory has died under the onslaught of real data.

Be that as it may, for our present purposes, a bottom line emerges: Stock prices are not independent. Today's action can, at least slightly, affect tomorrow's action. The standard model is, again, wrong.

But his observations of two forms of wildness remain: abrupt change, and almost-trends. These are the two basic facts of a financial market, the facts that any model must accommodate.

If people think we can draw a circle around North America and that we can be an independent island of energy, that's not realistic. This is a world market for oil, for refined products, and increasingly, for natural gas.

If there is any action that punishes imports to the North American market and encourages U.S. exports, you have to reflect it in a mirror action to counteract the change of incentives that this would make for activity and investment in Mexico.

China will continue to adopt multiple measures to advance the reform and opening up of its financial sector so that its financial market can better adapt to financial modernization and globalization.

The federal government should encourage rather than micromanage market reform in all 50 states. Since health care is local, private-sector innovation in conjunction with state-level reform of the individual and small-group markets is a better approach.

It's correct that I wanted health reform to do more to create choices and promote competition.

There are high hopes of France and what they're trying to achieve there by liberalising the labour market and other reforms. You lose some, you gain some.

Most entrepreneurs don't need as many customers as they think. A lot of people think 10 is too few for a sample. But if all 10 refused a product, why is that not enough? If you want 100, 1,000 or a million customers, you first have to get 10.

With regard to the 5G market, China is rather a competitor than a partner.

Regardless of the industry, antitrust law is meant to benefit consumers - not competitors.

We're conditioned to let businesses fail, regardless of how much we like them. We believe that if the market doesn't want that bookstore to exist, then it shouldn't exist.