Irrational Exuberance Quotes & Sayings

There is no human problem which could not be solved if people would simply do as I advise. — Gore Vidal

How do we know when irrational exuberance has unduly escalated asset values? — Alan Greenspan

to look twenty-nine. The young look older and the old look younger, collapsing the adult lifespan into one long twentysomething ride. Even a new term - amortality - has been coined to describe living the same way, at the same pitch, from our teens until death. This is a contradictory and dangerous message. We are led to believe the twentysomething years don't matter, yet, with the glamorization of and near obsession with the twenties, there is little to remind us that anything else ever will. This causes too many men and women to squander the most transformative years of their adult lives, only to pay the price in decades to come. Our cultural attitude toward the twenties is something like good old American irrational exuberance. Twenty-first-century twentysomethings have grown up alongside the dot-com craze, the supersize years, the housing — Meg Jay

What we need to understand is, one, that there are market failures; and two, that there are things like asset bubbles and irrational exuberance. There are periods of booms, bubbles, and manias. These things, if left to themselves, can lead to crashes, to busts, to panics. — Nouriel Roubini

I used to pray that God would feed the hungry, or do this or that, but now I pray that he will guide me to do whatever I'm supposed to do, what I can do. I used to pray for answers, but now I'm praying for strength. I used to believe that prayer changes things, but now I know that prayer changes us and we change things. — Mother Teresa

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets. We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past. But how do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions as they have in Japan over the past decade? — Alan Greenspan

I was the Secretary of State of New Jersey in November 2000. I paid careful attention to the challenges that stemmed from inadequate voting systems in various places. — DeForest Soaries

Do not let your hearts be troubled. Trust in God; trust also in me. — Jesus Christ

I don't believe in evil, I believe only in horror. In nature there is no evil, only an abundance of horror: the plagues and the blights and the ants and the maggots. — Isak Dinesen

In the '90s it was irrational exuberance. Now it may be irrational doom and gloom. — Robert Reich