Financial Markets Famous Quotes

I would say that financial markets are very inefficient, and capable of extremes of being completely dysfunctional. ~ Jeremy Grantham

God understands more about the financial markets than many who write about them. ~ Jean-Claude Juncker

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

Financial markets need to become less, not more, efficient. ~ Ha-Joon Chang

Trillions of dollars every day are being exchanged around the world in all of the financial markets. ~ Kenneth Lay

I put forward a pretty general theory that financial markets are intrinsically unstable. That we really have a false picture when we think about markets tending towards equilibrium. ~ George Soros

The reality is that financial markets are self-destabilizing; occasionally they tend toward disequilibrium, not equilibrium. ~ George Soros

Financial illiteracy is like being in a rain storm and trying to jump in between the raindrops ... eventually it all catches you at the same time. ~ Johnnie Dent Jr.

The Federal Reserve has a responsibility to ensure the safety and soundness of financial institutions and to contain systemic risks in financial markets. ~ Bernie Sanders

The principal linkages between Japan and the U.S. global economies are trade, financial markets, and commodity markets. ~ Mark Zandi

It's a familiar truism that at any one moment, financial markets are dominated by either fear or greed. But the healthiest markets are those that are animated by both fear and greed at the same time. ~ James Surowiecki

A second reason why science cannot replace judgement is the behavior of financial markets. ~ Martin Feldstein

Credit is the air that financial markets breathe, and when the air is poisoned, there's no place to hide. ~ Charles R. Morris

The middle and working classes are paying the debt that the financial markets created. ~ Javier Bardem

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear. ~ Paul Singer

Well, as you know, we're working through a difficult period in our financial markets right now as we work off some of the past excesses. But the American people can remain confident in the soundness and the resilience of our financial system. ~ Henry Paulson

I had always been interested in markets - specifically, the theory that in financial markets, goods will trade at a fair value only when everyone has access to the same information. ~ Pierre Omidyar

Upon graduation, believe it or not, I had no job. I had no interviews. I had no prospects. I had no worries. What I did have, I had passion. I had enormous passion. I had passion for financial markets. I had fallen in love with financial markets. ~ Gary Cohn

The dark comes before dawn. The financial markets are under great pressure because of the lack of leadership during the transition period. ~ George Soros

It is vital for officials and regulators to have input from people within our businesses who understand the intricacies of how financial markets operate and the consequences of certain policy decisions. ~ Jamie Dimon

Taming the financial markets and winning back democratic control over them is the central condition for creating a new social balance in Germany and Europe. ~ Sigmar Gabriel

The financial markets generally are unpredictable. So that one has to have different scenarios ... The idea that you can actually predict what's going to happen contradicts my way of looking at the market. ~ George Soros

Our financial system is so complicated and so interactive - so many different markets in different countries and so many sets of rules. ~ Ben Bernanke

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

The insurance companies do not refer to the key policy rate when they send their statements. We can only control that rate. Long-term interest rates are determined largely by global financial markets. ~ Mario Draghi

Lack of ethics is so ingrained in the financial industry that they are not even aware of it any more. It's just business as usual for them. ~ Robert Rolih

In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset values in financial markets could signal or precipitate an excessive softening in household and business spending. ~ Alan Greenspan

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

The generally accepted theory is that financial markets tend towards equilibrium, and ... discount the future correctly. I operate using a different theory, according to which financial markets cannot possibly discount the future correctly because the do not merely discount the future; they help to shape it. ~ George Soros

There are good reasons why we don't want everyone to learn nuclear physics, medicine or how financial markets work. Our entire modern project has been about delegating power over us to skilled people who want to do the work and be rewarded accordingly. ~ Evgeny Morozov

THE CORRECTION, when it finally came, was not an overnight bursting of a bubble but a much more gentle letdown, a year-long leakage of value from key financial markets, a contraction too gradual to generate headlines and too predictable to seriously hurt anybody but fools and the working poor. ~ Jonathan Franzen

Like the effects of industrial pollution and the new system of global financial markets, the AIDS crisis is evidence of a world in which nothing important is regional, local, limited; in which everything that can circulate does, and every problem is, or is destined to become, worldwide. ~ Susan Sontag

Even in financial markets, the concept of market efficiency does not hold. ~ Paul Ormerod

The current system is organized around financial values over life values. We need to shift that locus of power down to the community level because the financial markets recognize only money and thereby only financial values. ~ David Korten

Happiness is being famous for your financial ability to indulge in every kind of excess. ~ Bill Watterson

If the EU and the US can cooperate successfully on regulating financial markets, everyone else will follow. ~ John Bruton

Making economic policy isn't a popularity contest, especially when financial markets are in a panic. ~ David Ignatius

There are still deep-seated structural problems that threaten the economic balance in the world: Between the United States and China, for example, but also within Europe. We have taken a few steps toward taming the financial markets, but we haven't come nearly far enough to rule out a repetition of the crisis. ~ Peer Steinbruck

Credit markets were originally created to serve human needs; to provide businesses and individuals with capital to start or expand businesses or fulfill other financial needs. ~ Muhammad Yunus

The financial markets play an active role in determining what's going to happen, how the economy is going to function. ~ George Soros

One of the most constant aspects of American life is change - and nowhere is it more evident than in our financial markets. ~ Henry Paulson

Financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones.It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process. ~ George Soros

Sometimes it is my impression that most politicians are still not aware of being under the control of the financial markets and are even governed by them. ~ Hans Tietmeyer

If we leave the European Union, there will be an immediate economic shock that will hit financial markets. People will not know what the future looks like. ~ George Osborne

The process of globalization has now interconnected almost everything ranging from financial markets to transport networks to communication systems in a huge system that no one really understands. ~ John L. Casti

The more Mr. Putin extends the fighting in eastern Ukraine, the more the financial markets will ratchet up their own pressure on Russia. ~ Roger Altman

Countries are not like financial markets. Social change cannot be executed as swiftly as credit-default swaps. You cannot sell short on social commitments and practical responsibilities. ~ George Papandreou

Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to many of the largest financial institutions and financial markets. ~ Ben Bernanke

For me, the real thing is make, serve and list in India. Which means we need manufacturing, we need services, and we need financial markets. ~ Uday Kotak

Things like the financial markets - a proper grounding in mathematics could help the common man. I believe that if people are more familiar with mathematical concepts ... it can help deal with modern life, which is increasingly complex. ~ Viswanathan Anand

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

In falling markets, there is nothing that has not happened before. The bear or pessimist sees only the past, which imprisons the wretched financial soul in eternal circles of boom and bust and boom again. ~ James Buchan

You shouldn't be trying to create a system where no bank fails, but you should be creating one that catches a bank and allows it to fail without impacting the financial markets. ~ Bob Diamond

The imbalance results from ideologies which uphold the absolute autonomy of markets and financial speculation, and thus deny the right of control to States, which are themselves charged with providing for the common good. ~ Pope Francis

The financial markets provide a never-ending continuing education course ~ Edward Yardeni

There will always be bull markets followed by bear markets followed by bull markets ~ John Templeton

Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose. ~ Jack Reed

The stability of global financial markets is a public good. If governments fail to protect this public good, then those who suffer are the working people of the world whose jobs, whose homes, and whose standard of living depends on it. ~ Kevin Rudd

The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading. ~ Victor Sperandeo

an official with the U.S. Securities and Exchange Commission learned I was writing about specialization and contacted me to make sure I knew that specialization had played a critical role in the 2008 global financial crisis. "Insurance regulators regulated insurance, bank regulators regulated banks, securities regulators regulated securities, and consumer regulators regulated consumers," the official told me. "But the provision of credit goes across all those markets. So we specialized products, we specialized regulation, and the question is, 'Who looks across those markets?' The specialized approach to regulation missed systemic issues. ~ David Epstein

the function of the system of financial intermediation (banks and financial markets): to find the best possible uses for capital, such that each available unit of capital is invested where it is most productive (at the opposite ends of the earth, if need be) and pays the highest possible return to the investor. ~ Thomas Piketty

I'm pretty much a thrift shop gal. Flea markets on Sundays. ~ Zoe Kravitz

I don't want to drive the markets crazy. I don't want to create trouble, but rather order and rules and norms. We have to struggle against financial excesses, those who speculate with sovereign debt, those who develop financial products which have done so much harm. ~ Francois Hollande

Financial fitness is not pipe dream or a state of mind it's a reality if you are willing to pursue it and embrace it. ~ Will Robinson

I do believe women have different ways of taking risks, of ruminating a bit more before they jump to conclusions. And I think that as a result, particularly on the, on, you know, on the trading floor, in the financial markets in general, the approach would be different. ~ Christine Lagarde

True financial freedom doesn't depend on how much money you have. Financial freedom is when you have power over your fears and anxieties instead of the other way around. ~ Suze Orman

Bull markets and Bear markets can obscure mathematical laws, they cannot repeal them. ~ Warren Buffett

Forecasts vary in horizon, from a few seconds up to a few days in financial markets, compared to from one to several months for macro variables. We have to provide uncertainty intervals around the central forecasts to indicate the extent to which we are unclear about the future. ~ Clive Granger

What we have seen in financial markets should bring home to us all that the central organising principle of this 21st century is interdependence. For the century just past, interdependence may have been one option among many. For the century that is to come, there is no longer an alternative. ~ Kevin Rudd

The times are too difficult and the crisis too severe to indulge in schadenfreude. Looking at it in perspective, the fact that there would be a financial crisis was perfectly predictable: its general nature, if not its magnitude. Markets are always inefficient. ~ Noam Chomsky

I don't want to be famous for being famous. ~ Kelli O'Hara

As value investors, our business is to buy bargains that financial market theory says do not exist. We've delivered great returns to our clients for a quarter century-a dollar invested at inception in our largest fund is now worth over 94 dollars, a 20% net compound return. We have achieved this not by incurring high risk as financial theory would suggest, but by deliberately avoiding or hedging the risks that we identified. ~ Seth Klarman

Financial Freedom is less about Financials and more about FREEDOM ~ Manoj Arora

Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education. ~ Ben Bernanke

Right, we've got these institutions of media, these financial institutions, we have the means of distribution, we have the means of production, we have all these markets and maxims in place. How do we alter the consciousness, the fundamental unifying field? How do we influence change on that level to all of the world? ~ Russell Brand

A famous person to themselves, they don't get up in the morning and think, I'm famous. I'm not famous to me. Famous is a perception. ~ Van Morrison

Free markets are necessary to promote long-term growth, but they are not self-regulating, particularly when it comes to banks and other large financial institutions. ~ Francis Fukuyama

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

Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world. ~ William K. Black

Selling drug secrets violates a trust that is fundamental to the integrity of both scientific research and our financial markets. ~ Chuck Grassley

Markets will always move ahead of the news. ~ Joseph Granville

Capitalism cannot cause a financial crisis because capitalism is about markets constantly correcting errors. It is government intervention that can and often does cause crises, ~ John Tamny

If there had been a Financial Product Safety Commission in place 10 years ago, the current financial crisis would have been averted. ~ Elizabeth Warren

People with Asperger's couldn't control what they were interested in. It was a stroke of luck that his special interest was financial markets and not, say, collecting lawn mower catalogues. ~ Michael Lewis

The heart of the 2008 financial crisis was a coterie of reckless financial executives, working for too-big-to-fail financial companies, who were handsomely compensated for taking risks that almost ruined the economy when they failed. ~ Gary Weiss

Financial security and independence are like a three-legged stool resting on savings, insurance and investments ~ Brian Tracy

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world. ~ Robert Kiyosaki

One could imagine such technology outsmarting financial markets, out-inventing human researchers, out-manipulating human leaders, and developing weapons we cannot even understand. ~ Stephen Hawking

Our economy is increasingly dependent on the success and integrity of the financial markets. ~ Michael Douglas

People ignore facts which contradict the theory in the mind of the investor. Dis-confirming evidence must be seeked out to beat this theory. ~ Manoj Arora

The strength of your personal financial resources is equivalent to the quality of your financial decision making. ~ Wayne Chirisa

When the financial crisis arrived, it seemed to me that this was something I had to make a movie about. ~ Charles Ferguson

Remember that all financial markets are filled with good but not necessarily innocent people looking after their own self-interests before they look after yours. ~ Robert Kiyosaki

The problem for us, as viewers, is that we want famous people who are passionate about the things they're famous for, because that makes them worthy of the attention. But I think many of those famous people just want to be famous. ~ Bo Burnham

In the 1960's, some old-timers on Wall Street-the men who remembered the trauma of the 1929 Crash and the Great Depression-gave me a warning: "When we fade from this business, something will be lost. That is the memory of 1929." Because of that personal recollection, they said, they acted with more caution, than they otherwise might. Collectively, their generation provided an in-built brake on the wildest form of speculation, an insurance policy against financial excess and consequent catastrophe. Their memories provided a practical form of long-term dependence in the financial markets. Is it any wonder that in 1987 when most of those men were gone and their wisdom forgotten, the market encountered its first crash in nearly sixty years? Or that, two decades later, we would see the biggest bull market, and the worst bear market, in generations? Yet standard financial theory holds that, in modeling markets, all that matters is today's news and the expectations of tomorrow's news. ~ Benoit B Mandelbrot

I'm a big advocate of financial intelligence. ~ Daymond John

The Death of Money is an engrossing account of the massive stresses accumulating in the global financial system, especially since the 2008 financial crisis. Jim Rickards is a natural teacher. Any serious student of financial crises and their root causes needs to read this book. ~ John H. Makin

If you must work for money, find a way to work and be happy. That is financial intelligence. ~ Robert Kiyosaki

Managing and navigating through a financial crisis is no fun at all. ~ Howard Schultz

Like it or not, we have to have a financial system that is healthy and functioning. ~ Barack Obama