In Markets Quotes & Sayings

Market design is about understanding the details of markets in sufficient detail so that we can help fix them when they are broken. — Alvin E. Roth

In the debate between those who believe in essentially unregulated markets and others who hold that reasonable regulation diminishes market excesses without inhibiting their basic function, the subprime situation unfortunately provides ammunition for the latter view. — Barney Frank

The main difference lies in wage levels, which is because our workers are not yet as well trained as in other countries. We are a poor country. This is why we must accept the conditions that prevail in international markets. But our trade unions do represent the rights of workers. — Nguyen Minh Triet

In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better. — Jeffrey Sachs

A free-enterprise economy depends only on markets, and according to the most advanced mathematical macroeconomic theory, markets depend only on moods: specifically, the mood of the men in the pinstripes, also known as the Boys on the Street. When the Boys are in a good mood, the market thrives; when they get scared or sullen, it is time for each one of us to look into the retail apple business. — Barbara Ehrenreich

Iran is central to our foreign policy in the Middle East, a major player in global energy markets, and a key country in terms of our interaction with the Muslim world. — Howard Berman

The key role of entrepreneurs, like the most crucial role of scientists, is not to fill in the gaps in an existing market or theory, but to generate entirely new markets or theories ... They stand before a canvas as empty as any painter's; a page as blank as any poet's. — George Gilder

Developments in financial markets can have broad economic effects felt by many outside the markets. — Ben Bernanke

Markets can do many wonderful things, which is why I'm glad to live in a capitalist country. — Timothy Noah

I think that even though The German Doctor (Wakolda) is placed in a historical context , it is a very intimate story. The film has been extremely well received around the world. It keeps on going around, opening in different markets, and connecting with the audience. In Argentina it was seen by over 450, 000 spectators, which is way more than anything we could have imagined. — Lucia Puenzo

I think it could have real changing effects on the financial markets of our country, it could cause investors to think more about real rates of return and that in turn could spawn new kinds of products, — Robert Rubin

I think that markets classically fail in cases where there are public goods that provide benefits that people cannot capture. The big debate is how big these public goods are, where they exist, things of that sort. — Peter Thiel

Rigor is always appropriate when investing in markets, whatever the ultimate conclusions may be. — Robert Rubin

I didn't want to argue with my hosts. I wanted them to talk. But I felt like reminding Li that perhaps forty million Chinese people had died of starvation a half century earlier because they followed their government's orders. It was the largest famine in history. A snapshot taken then would have given a very different picture of the supposedly essential character of Chinese people, and it would have entirely missed the point. Governments matter. Markets matter. History matters. International circumstances matter. — Howard W. French

Unlike national markets, which tend to be supported by domestic regulatory and political institutions, global markets are only 'weakly embedded'. There is no global lender of last resort, no global safety net, and of course, no global democracy. In other words, global markets suffer from weak governance, and are therefore prone to instability, inefficiency, and weak popular legitimacy. — Dani Rodrik

PREFACE A New Look at the Legacy of Albert Einstein Genius. Absent-minded professor. The father of relativity. The mythical figure of Albert Einstein - hair flaming in the wind, sockless, wearing an oversized sweatshirt, puffing on his pipe, oblivious to his surroundings - is etched indelibly on our minds. "A pop icon on a par with Elvis Presley and Marilyn Monroe, he stares enigmatically from postcards, magazine covers, T-shirts, and larger-than-life posters. A Beverly Hills agent markets his image for television commercials. He would have hated it all," writes biographer Denis Brian. Einstein is among the greatest scientists of all time, a towering figure who ranks alongside Isaac Newton for his contributions. Not surprisingly, Time magazine voted him the Person of the Century. Many historians have placed him among the hundred most influential people of the last thousand years. — Michio Kaku

In 302, the Roman emperor Diocletian commanded "there should be cheapness," declaring, "Unprincipled greed appears wherever our armies ... march ... Our law shall fix a measure and a limit to this greed." The predictable result of Diocletian's food price controls were black markets, hunger and food confiscation by his soldiers. Despite the disastrous history of price controls, politicians never manage to resist tampering with prices
that's not a flattering observation of their learning abilities. — Walter E. Williams

Humans are by nature self-centered. It doesn't matter how civilized or primitive they are. If they want something, they'll find a way to get it or take it. The old empires used land, women, religion, pride in one's nationality, or preservation of their culture as an excuse to start war. Presently, you use technology, world policing, expanding markets, and protecting national interest, but the underlying theme has never changed. As long as there are greedy people in this world, there will always be wars. — Ednah Walters

Cause and effect, the riddle of all history, is a particular devil in financial history; and never more so than today, where entire classes of security are collapsing not on public exchanges and stock-tickers but because there are no markets to establish prices this side of nothing. — James Buchan

A year earlier, no company had been accorded more faith than Enron; by late November, none was trusted less. And so, a gasping gurgle, a desperate SOS: Enron, the emblem of free markets, the champion of deregulation, reached into its depleted treasury and forked over $100,000 to each of the major political parties' campaign war chests. Then, it shuttered its online trading unit - its erstwhile gem. On November 28, Standard & Poor's downgraded Enron to junk-bond level - which triggered provisions in Enron's debt requiring it to immediately repay billions of its obligations. This it could not do. Its stock was seventy cents and falling, and, now, no gatekeepers and no credit remained. Accordingly, in the first week of December, Enron, the archetype of shareholder value, availed itself of the time-honored protection for those who have lost their credit: bankruptcy. — Roger Lowenstein

In North America, hip-hop and urban music are much more developed than it could be in Europe, except for a couple of markets like France, for example, or Germany, they're a little bit more aware. — K-Maro

In other words, "free markets" ideology, with its libertarian idealism, has in fact produced Mussolini-style corporatism. And until we learn to call the resulting looting by its proper name, it is certain to continue. — Yves Smith

Nobody wants to be against technology, but I think that regulators should not - and people should not - assume that faster is always better in markets. — Bart Chilton

For instance, a new kind of rich person named John Henry bought the Florida Marlins in January 1999. Most baseball owners were either heirs, or empire builders of one sort or another, or both. Henry had made his money in the intelligent end of the financial markets. He had an instinctive feel for the way statistical analysis could turn up inefficiencies in human affairs. Inefficiencies in the financial markets had made Henry a billionaire - and he saw some familiar idiocies in the market for baseball players. — Anonymous

On Internet time: sudden shifts in technologies and markets, races for market share driven — Anonymous

We like democracy because why? The pathologies of the U.S. version are so obvious in the aftermath of the latest averted crisis that we need to ask ourselves whether it's worth it - and why electoral democracy hasn't self-destructed before. Should Tunisians or Egyptians opt for the Chinese model, where rational autocrats may restrict rights, but no one threatens to blow up world markets in the name of an 18th-century tax protest? — Noah Feldman

The proverbial wisdom of the populace in the street, on the roads, and in the markets instructs the ear of him who studies man more fully than a thousand rules ostentatiously displayed. — Johann Kaspar Lavater

Focus is scary - until you realize that it only means turning your back on markets you could never have anyway. Sharp focus on jobs that customers are trying to get done holds the promise of greatly improving the odds of success in new-product development. — Clayton Christensen

If Wanda can control more than 20 per cent of the world's three most important film markets - the United States, Europe and China - then it will have an empire with great voice in the industry. — Wang Jianlin

Speculators get a bad rap. In the popular imagination they're greedy, heedless, and amoral, adept at price manipulations and dirty tricks. In reality, they often play a key role in making markets run smoothly. — James Surowiecki

When you start losing market share, it's really tough to gain it back; you need the product portfolio and presence in many markets. — Hans Vestberg

Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation."
"The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation. — Milton Friedman

I think what you've seen them do recently in the markets is what most of us learn doesn't ultimately work. But I think everyone has to figure that on their own. — Jamie Dimon

The markets are unforgiving, and emotional trading always results in losses. — Alexander Elder

Financial markets ... resent any kind of government interference but they hold a belief deep down that if conditions get really rough the authorities will step in. — George Soros

I think there were bad actors in the government and bad actors in the finance, mortgage, markets industries that need to be called out and held accountable. — Hillary Clinton

The efficient market theory is one of the better models in the sense that it can be taken as true for every purpose I can think of. For investment purposes, there are very few investors that shouldn't behave as if markets are totally efficient. — Eugene Fama

The information superhighways will have the same effect as our present superhighways or motorways. They will cancel out the landscape, lay waste to the territory and abolish real distances. What is merely physical and geographical in the case of our motorways will assume its full dimensions in the electronic field with the abolition of mental distances and the absolute shrinkage of time. All short circuits (and the establishment of this planetary hyper-space is tantamount to one immense short circuit) produce electric shocks. What we see emerging here is no longer merely territorial desert, but social desert, employment desert, the body itself being laid waste by the very concentration of information. A kind of Big Crunch, contemporaneous with the Big Bang of the financial markets and the information networks. We are merely at the dawning of the process, but the waste and the wastelands are already growing much faster than the computerization process itself. — Jean Baudrillard

Fear tends to manifest itself much more quickly than greed, so volatile markets tend to be on the downside. In up markets, volatility tends to gradually decline. — Philip Roth

We live in an era where the global capital markets are the super power in the world, and when they move against you as they've moved against Russia, as we've all seen in the ruble, there's nothing that can stop that. — Roger Altman

When I was a child, I lived in Morocco, and I would always buy a lot of beads from the markets and to make jewellery for friends. Later, at 18, I would do my own clothes and make my own patterns. When I first came to New York, people just assumed I was a stylist because I was so into fashion. — Maripol

Some people have blithely dismissed growth in markets like China and India, saying Silicon Valley will always be the hub for tech: that everyone will come to us. Wake up: Because the numbers are showing money and talent is increasingly going elsewhere. — Sarah Lacy

I'd love to see the secondary markets become more widespread in terms of their adoption. — Peter Barris

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own analysis and judgement, they respond to market forces not with blind emotion but with calculated reason. Successful investors, for example, demonstrate caution in frothy markets and steadfast conviction in panicky ones. Indeed, the very way an investor views the market and it's price fluctuations is a key factor in his or her ultimate investment success or failure. — Seth Klarman

We are all socialists now, it seems. John McCain, David Cameron and Gordon Brown attack bankers' irresponsible behaviour and salaries, and call for state intervention in the financial markets. But these calls will not get them elected or re-elected if they are addressed only to the banking sector. — Noreena Hertz

Traditional local media are adding local search capabilities to their sites so they can share in the local search traffic and ad revenues in the local markets they serve. — Marc Ostrofsky

My single biggest financial concern is the loss of the dollar as the reserve currency. I can't imagine anything more disastrous to our country ... you're already seeing things in the markets that are suggesting that confidence in the dollar is waning ... I think you could see a 25% reduction in the standard of living in this country if the U.S. dollar was no longer the world's reserve currency. That's how valuable it is. — Sam Zell

What this implies at a deeper level is that many of what are now widely accepted principles of good management are, in fact, only situationally appropriate. There are times at which it is right not to listen to customers, right to invest in developing lower-performance products that promise lower margins, and right to aggressively pursue small, rather than substantial, markets. — Clayton M Christensen

Motive Waves There are two types of Motive Waves: Impulse Waves and Diagonal Triangles. Impulse Waves The basic characteristics of Impulse Waves are as follows: 1. Wave 2 never retraces (corrects) more than 100% of Wave 1. 2. Most of the times Wave 3 is the longest wave in the 5 Wave series but is never the shortest. 3. Wave 4 never overlaps Wave 1. 4. Wave 2 and Wave 4 always alternate i.e., if Wave 2 is a zigzag, Wave 4 will be a complex correction and vice-versa. 5. Wave 4 retraces atleast until the end of fourth wave of lower degree. 6. Impulse waves occur within parallel trend channels i.e. when we connect the ends of wave 2 and 4, and draw a line parallel to it from the end of wave 3, Wave 5 can be expected to end at the upper trend line. 7. Impulse Wave formations during bull and bear markets are as shown in Figures below. — Jasjeet Kaur

Not exclusively, but the bulk of our local economy should be covered by local currencies, which is more efficient than having global currencies which lose connection with reality in the markets, shops and communities of the people. — David Korten

There is no safe haven in today's markets. — Paul Singer

I'd like to have a life where people don't monitor my movements, even accidentally. I'd like to have my own pots and pans. I'd like a table to place a bowl of fruit on. I have an idea of myself walking around markets where butchers and grocers shout prices over the crowds, and where I'll carefully and slowly choose vegetables and meat, and come home to cook myself meals. I'd like to have breakfast without having to get dressed. I'd like to wander in and out of rooms and take a bath with the door open. And I don't want to look out the window of a little room and wonder where, in the city, I'll end up. The most essential quality of hotel life is the thing I want least: a presumption of departure. — Greg Baxter

New York has magnificent eating available, both in restaurants and in the materials available to home cooks in the many specialty markets. — Steve Albini

I believe in trying foods from all over the world, going to markets and finding jewelry and furniture and just treating myself well. It's important for me creatively to travel. — Crystal Renn

You can't have a market without government, because governments create the rules of competition and enforce fairness in the markets, and they build the institutions within which competition takes place. — Douglas Massey

One of the appeals of markets, as a public philosophy, is they seem to spare us the need to engage in public arguments about the meaning of goods. So markets seem to enable us to be non-judgmental about values. But I think that's a mistake. — Michael Sandel

The other week I wrote a piece on a photograph I got at a flea market, and I got about 70 hits. I think a lot of people must be interested in flea markets. — Stephen Vincent Benet

Urban America has been redlined. Government has not offered tax incentives for investment, as it has in a dozen foreign markets. Banks have redlined it. Industries have moved out, they've redlined it. Clearly, to break up the redlining process, there must be incentives to green-line with hedges against risk. — Jesse Jackson

We need a revolution in development thinking and practice. Foreign aid, debt relief, family planning, democracy, education, and free markets have not succeeded. — William Easterly

The change in rhetoric has constituted a revolution in how people view themselves and how they view the middle class, the Bourgeois Revaluation. People have become tolerant of markets and innovation. — Deirdre N. McCloskey

TSX-002 will reinforce Aspen's pipeline, further bolstering its presence in a key therapeutic area for the Group. The registration of the product will allow Aspen the opportunity to develop the testosterone market in emerging markets. — Stephen Saad

It was true. Sugar did treat her bees like next of kin but then again, they were.
Along with her manners, the accent she tried so hard to soften, a single china cup covered in blue daisies and a weathered box of essential oils, they were all she carried with her from her past. Her bees relied on her for shelter and food but she relied on them too. She made her living from their honey, not just the healthful liquid itself but from the salves and gels and tinctures and remedies she created and sold at farm stands or farmers' markets wherever she lived.
It was the most symbiotic of relationships. — Sarah-Kate Lynch

Based on a lifetime of observations and a few decades in the markets, I understand that societies, beliefs and fashions all move in long arcs of time. We call these arcs several things: cycles, periods, eras. — Barry Ritholtz

There is no "good," just passages and pathways to greater depths of pain brought to bear as markets diversify and specialise. In thinking he is winning - be it through miraculous medical advancements, enlightened self-interest which fosters a degree of social stability, or a planet wide agricultural revolution - man is in fact throwing himself into heightened states of artfully dressed turmoil: mayhem which could only thrill a Creator disposed to being thrilled at such sweet turbulences. — John Zande

Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn't sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized vision of an economy in which rational individuals interact in perfect markets. — Paul Krugman

Developed countries and advanced developing countries must open their markets for products from the developing world, and support in developing their export and import capacity. — Anna Lindh

When you consider the sheer magnitude of investable equities to choose from in the world's emerging markets, you realize that finding one that looks attractive enough to warrant investing your faith and assets in is as formidable a task as finding a needle in a haystack. Fortunately, researching investment opportunities is a lot more interesting than digging for needles in haystacks. — Mark Mobius

What makes a media company successful is how it copes with competitive markets in which people have a choice. Competition today is at a more intense level than it has ever before been because the barriers to providing information in the virtual world are so low and the choice of provider nearly infinite. — James Murdoch

This applies not just to people's time, but also to their assets: to drive for Lyft or Uber, you do need a car. The on-demand economy is in many ways a continuation of what has been called the "sharing economy" exemplified by Airbnb, a company which turns apartments into guesthouses and their owners into hoteliers. For people with few assets, though, on-demand labour markets matter more. — Anonymous

My flat is a bit like an oriental bazaar. It's filled with the oddest objects from all my travels, and you can't really move in it. I love collecting antiques and often spend weekends driving around bric-a-brac markets. — Mark Shand

You will never be a greater risk-taker in the markets if you approach life with a completely different attitude. — Henrique M. Simoes

The foursome settled down in Kate's living room, which was furnished academically, i.e., from flea markets and yard sales. — Anonymous

Technological advance often thrives in sheltered and subsidized markets, which defy free trade. — Robert Kuttner

Friday's turmoil in global markets looks set to continue to exert a dominant force on the foreign exchange markets. The usual trend when U.S. stocks fall is that the U.S. dollar suffers. — Craig Ferguson

While markets are supposed to ensure transparency by showing orders to everyone simultaneously, flash orders are currently allowed because of a loophole in securities regulations that allows for immediate trades. — Charles Duhigg

It takes four months to ship food aid and 40 percent of the cost is in the shipping. People cannot eat shipping costs. We have had people die when there are surpluses in the markets. — Andrew Natsios

You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets. — Peter Lynch

China and India are feeding their people for the first time in human history due to free markets, and the Left knows that, and it gets them nervous. — Dave Brat

If we neglect or abandon those who are suffering in poverty ... not only are we depriving ourselves of potential opportunities for markets and economic growth, but ultimately that despair may turn to violence that turns on us. — Barack Obama

My first collection was made from sheets that my grandmother, who lived in Normandy, had been collecting for a long time. There are a lot of flea markets in that part of France, and she knew what I liked. — Olivier Theyskens

In general, markets know more than the people who write about them. — James Grant

Let's embrace productive capitalism, not casino capitalism, by restoring transparency and true competition in the commodities markets. — Maria Cantwell

I have seen businesses and government come together to provide women entrepreneurs with the training they need to better access markets, take advantage of trade agreements, and in the process grow businesses, jobs, and GDP. These are partnerships that transform lives. — Melanne Verveer

Remember, aid cannot achieve the end of poverty. Only homegrown development base on the dynamism of individuals and firms in free markets can do that. — William Easterly

Many of the enchanted things in the book are lamps, carpets, sofas, gems, brass rings. It is a rather different landscape than the fairy tale landscape of the West. Though we have interiors and palaces, we don't have bustling cities, and there isn't the emphasis on the artisan making things. The ambiance from which they were written was an entirely different one. The Arabian Nights comes out of a huge world of markets and trade. Cairo, Basra, Damascus: trades and skills. — Marina Warner

In certain circumstances, financial markets can affect the so-called fundamentals which they are supposed to reflect. When that happens, markets enter into a state of dynamic disequilibrium and behave quite differently from what would be considered normal by the theory of efficient markets. Such boom/bust sequences do not arise very often, but when they do, they can be very disruptive, exactly because they affect the fundamentals of the economy. — George Soros

Markets do not automatically generate trust, cooperation or collective action for the common good. Quite the contrary: it is in the nature of economic competition that a participant who breaks the rules will triumph - at least in the short run - over more ethically sensitive competitors. — Tony Judt

But, when we started our product portfolio, we focused the mixed signal requirements first for image processing devices and then in audio applications, targeting our technology into the growing use of digital technology in consumer markets. — David Milne

In the financial markets I find it easy to predict what will happen and very difficult to predict when it will happen. I think that things were clear during the bubble as to what would happen eventually. — Warren Buffett

Money is not important It is OK to lose in the markets Trading is a game Mental rehearsal is important for success They've won the game before they start[xlviii] — Bruce Bower

And that brings me to one last point. I've got a simple message for all the dedicated and patriotic federal workers who have either worked without pay, or who have been forced off the job without pay for these last few weeks. Including most of my own staff. Thank you. Thanks for your service. Welcome back. What you do is important. It matters. You defend our country overseas, you deliver benefits to our troops who earned them when they come home, you guard our borders, you protect our civil rights, you help businesses grow and gain footholds in overseas markets. You protect the air we breathe, and the water our children drink, and you push the boundaries of science and space, and you guide hundreds of thousands of people each day through the glories of this country. Thank you. What you do is important, and don't let anybody else tell you different. — Barack Obama

If the invention of derivatives was the financial world's modernist dawn, the current crisis is unsettlingly like the birth of postmodernism. For anyone who studied literature in college in the past few decades, there is a weird familiarity about the current crisis: value, in the realm of finance capital, parallels the elusive nature of meaning in deconstrucitonism. According to Jacques Derrida, the doyen of the school, meaning can never be precisely located; instead, it is always 'deferred,' moved elsewhere, located in other meanings, which refer and defer to other meanings - a snake permanently and necessarily eating its own tail. This process is fluid and constant, but at moments the perpetual process of deferral stalls and collapses in on itself. Derrida called this moment an 'aporia,' from a Greek term meaning 'impasse.' There is something both amusing and appalling about seeing his theories acted out in the world markets to such cataclysmic effect. — John Lanchester

The ability to change one's mind is probably a key characteristic of the successful investor. Dogmatic and rigid personalities rarely, if ever, succeed in the markets. The markets are a dynamic process, and sustained investment success requires the ability to modify and even change strategies as markets evolve. — Jack D. Schwager

The third important ingredient for achieving peak performance is attitude. Attitude is how you deal with the inevitable adverse situations that occur in the markets. Attitude is also how you handle the daily grind, the constant 2 steps forward and 2 steps back. — Linda Bradford Raschke

I love trawling through markets and vintage shops, and I make super-quick decisions about buying clothes. I also have my usual haunts I go to when in specific cities. — Alice Temperley

There you see how absurd the reactions of the so-called markets are. For a long time, Italy was run by one of the most unprofessional politicians anywhere. But there wasn't much pressure in terms of speculation. Now, in Mario Monti, Italy has the kind of leader you usually only get in Hollywood movies, a distinguished professor who won't even accept a cook at his residence, the Palazzo Chigi. Instead Monti's wife cooks their pasta herself - and this is the man the markets don't trust. — Martin Schulz

There are three types of gurus in the financial markets: market cycle gurus, magic method gurus, and dead gurus. — Anonymous

Since the soon-to-be outnumber the living; since the living have greater impact on the unborn than ever before thanks to depletion of natural systems, atmospheric disruption, toxic residue, burgeoning technology, global markets, genetic engineering, and sheer population numbers; since our scientific and historic understandings now comfortably examine processes embracing eons; and now that our plan-ahead horizon has shrunk to five years or less - it would seem that a grave disconnect is in progress. Our everhastier decisions and actions do not respond to our long-term understanding, or to the gravity of responsibility we bear. "The — Stewart Brand

Cucumbers are technically a fruit and in the same family as pumpkins, melons and squash, so it may benefit those markets, although, to be honest, giant melons don't strike me as potentially that commercial. — Jasper Fforde

I have great, great confidence in our capital markets and in our financial institutions. Our financial institutions, banks and investment banks, are strong. Our capital markets are resilient. They're efficient. They're flexible. — Henry Paulson